Global Biomaterials Market, By Type (Metallic Biomaterials, Polymeric Biomaterials, Ceramics, Natural Biomaterials), Application (Cardiovascular, Orthopaedic, Ophthalmology, Dental, Plastic Surgery, Wound Healing, Tissue Engineering, Neurological/Central Nervous System Applications, Other Applications), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Biomaterials Market
Biomaterials market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 349.05 billion by 2028 growing at a CAGR of 13.98% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits of biomaterials which will create lucrative opportunities for the growth of the market.
Biomaterial is any substance or combination which may be synthetic or natural in origin. The analysis of biomaterials, which consists of elements such as genetics, medicine, chemistry, and tissue engineering, is known as biomaterials research. These biomaterials are used to communicate with biological processes to treat cardiovascular, dental, orthopaedic, and neurological diseases for medical purposes.
Surging demand for biomaterials in plastic surgery and wound healing applications, rising prevalence of cardiovascular, neurological, and orthopaedic disorders, increasing number of geriatric population across the globe, increasing demand for implantable devices, increased funds and grants by government bodies and universities for the development of novel biomaterials are some of the major as well as important factors which will likely to augment the growth of the biomaterials market in the projected timeframe of 2021-2028. On the other hand, rising number of research activities on regenerative medicine along with increasing number of free-trade agreements which will further contribute by generating massive opportunities that will lead to the growth of the biomaterials market in the above mentioned projected timeframe.
Unfavourable healthcare reforms along with stringent clinical and regulatory processes which will likely to act as market restraints factor for the growth of the biomaterials in the above mentioned projected timeframe. Lack of skilled surgeons along with limitations of biomaterial based products which will become the biggest and foremost challenge for the growth of the market.
This biomaterials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on biomaterials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Biomaterials Market Scope and Market Size
Biomaterials market is segmented on the basis of type, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the biomaterials market is segmented into metallic biomaterials, polymeric biomaterials, ceramics, and natural biomaterials. Metallic biomaterials have been further segmented into stainless steel, titanium and titanium alloys, cobalt-chrome alloys, gold, silver, and magnesium. Polymeric biomaterials have been further segmented into polymethylmethacrylate, polyethylene, polyester, polyvinylchloride, silicone rubber, nylon, polyetheretherketone, and other polymeric biomaterials. Ceramics have been further segmented into calcium phosphate, zirconia, aluminum oxide, calcium sulfate, carbon, and glass. Natural biomaterials have been further segmented into hyaluronic acid, collagen, gelatin, fibrin, cellulose, chitin, alginates, and silk.
- Biomaterials market has also been segmented based on the application into cardiovascular, orthopaedic, ophthalmology, dental, plastic surgery, wound healing, tissue engineering, neurological/central nervous system applications, and other applications. Cardiovascular segment has been further segmented into catheters, stents, implantable cardiac defibrillators, pacemakers, sensors, heart valves, vascular grafts, guidewires, and others. Orthopaedic segment has been further segmented into joint replacement, viscosupplementation, bioresorbable tissue fixation, spine, fracture fixation devices, and synthetics bone grafts. Joint replacement has been further sub segmented into knee replacement, hip replacement, shoulder replacement, and others. Bioresorbable tissue fixation has been further sub segmented into suture anchors, interference screws, meniscal repair tacks, and meshes. Spine has been further sub segmented into spinal fusion surgeries, minimally invasive fusion surgeries, motion preservation and dynamic stabilization surgeries. Motion preservation and dynamic stabilization surgeries have been further bifurcated into pedicle-based rod systems, interspinous spacers, and artificial discs. Fracture fixation devices have been further sub segmented into bone plates, screws, pins, rods, and wires. Ophthalmology segment has been further segmented into contact lenses, intraocular lenses, functional replacement of ocular tissues, synthetic corneas, and others. Dental segment has been further segmented into dental implants, dental bone grafts and substitutes, dental membranes, and tissue regeneration. Plastic surgery segment has been further segmented into soft-tissue fillers, and craniofacial surgery. Wound healing segment has been further segmented into wound closure devices, surgical hemostats, internal tissue sealants, adhesion barriers, and hernia meshes. Wound closure devices have been further sub segmented into sutures, and staples. Tissue engineering segment has been further segmented into scaffolds for regenerative medicine, nanomaterials for biosensing, and tailoring of inorganic nanoparticles. Neurological/central nervous system applications segment have been further segmented into shunting systems, cortical neural prosthetics, hydrogel scaffolds for CNS repair, and neural stem cell encapsulation. Other applications segment have been further segmented into drug delivery systems, gastrointestinal applications, bariatric surgery, and urinary applications.
Biomaterials Market Country Level Analysis
Biomaterials market is analysed and market size insights and trends are provided by country, type, and application as referenced above.
The countries covered in the biomaterials market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the biomaterials market due to the prevalence of favourable government policies and the presence of several major market players in this region, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to the prevalence of various market players in the region.
The country section of the biomaterials market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Biomaterials market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for biomaterials market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the biomaterials market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Biomaterials Market Share Analysis
Biomaterials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to biomaterials market.
The major players covered in the biomaterials market report are DSM; BASF SE; Corbion; Covestro AG; CRS Holdings Inc.; Evonik Industry AG; Berkeley Advanced Biomaterials.; CAM Bioceramics B.V.; Celanese Corporation; CoorsTek Inc.; CeramTec GmbH; GELITA AG; Medtronic; Zimmer Biomet; Stryker; Medical Devices Business Services, Inc.; Dentsply Sirona.; Collagen Matrix, Inc.; Wright Medical Group N.V.; Invibio Ltd.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-
