Biomaterials Market 2023 is expected to grow at a CAGR over 12% | MRFR - News and Updates

Market Research Future has announced the addition of the "Global Biomaterials Market Research Report which gives Market Size, Shares and Forecasts till 2023. The Biomaterials Industry Report Provide analysis and evaluation of the current and prospective profitability.

Global Biomaterials Market -Highlights

Biomaterials are any materials that are used to implant missing or damaged tissues. They can be natural or synthetic in nature and regardless of their origin, they are compatible to be used in place of living tissues. Biomaterials are broadly used in drug delivery as capsules or Nano-shells. Generally, they are biodegradable as well as bioresorbable so that they can disappear from organism after completing their function.

They can also be used as substitutes of bone, collagen membranes, and regenerative dentistry as well as in bone and cartilage regeneration during an orthopedic surgery. However, high cost associated with biomaterial production, abrasive wear of implantable products, and biocompatibility issues with the products hamper the market growth.

Global Biomaterials Market -Segmentation

The Global Biomaterials Market is segmented on the basis of the type of biomaterials and the application.

On the basis of the type, the market is segmented into metallic, ceramics, polymeric, natural biomaterials, and others. The metallic segment is divided into stainless steel, titanium & titanium alloys, cobalt-chrome alloys, silver, gold, and magnesium. The ceramics segment is divided into calcium phosphate, aluminum oxide, zirconia, calcium sulfate, carbon, and glass.

On the basis of the application, the market is classified as cardiovascular, orthopedic, ophthalmology, dental, plastic surgery, wound healing, tissue engineering, neurological disorders, and others. The cardiovascular segment is divided into catheters, stents, implantable cardiac defibrillators, pacemakers, sensors, heart valves, vascular grafts, guidewires, and others.

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Global Biomaterials Market -Key Players

Royal DSM (Netherlands)
BASF SE (Germany)
Corbion N.V. (Netherlands)
Covestro (Germany)
Invibio Ltd. (U.K.)
Carpenter Technology Corporation (U.S.)
Evonik Industries AG (Germany)
Berkeley Advanced Biomaterials, Inc. (U.S.)
CAM Bioceramics BV (Netherlands)
Celanese Corporation (U.S.)
Wright Medical Technology, Inc. (U.S.)
Zimmer Biomet Holdings, Inc. (U.S.)
Bayer AG (Germany)
Collagen Matrix (U.S.).

Global Biomaterials Market -Regional Analysis

Global Biomaterial Market consists of regions namely the Americas, Europe, Asia Pacific, and the Middle East & Africa.

North America dominated the global biomaterial market owing to the technological advancement in medical technology such as the development of smart biomaterials and improving healthcare infrastructure, which have fueled the market growth.

Asia Pacific is the fastest growing biomaterials market across the globe. Government and private initiatives have increased awareness regarding biomaterial application and increased incidences of neurological disorders; thereby, driving the market growth in the Asia-Pacific region.

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Major Points form TOC for Biomaterials Market Research Report – Forecast to 2023

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment


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Release ID: 394640