Biomaterials Market by Type (Metallic, Polymeric, Ceramics, Natural), by Application (Cardiovascular, Orthopedic, Ophthalmology, Wound Healing), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2020 to 2027)

Biomaterials Market - Global Industry Analysis and Forecast 2020 to 2027

Biomaterials Market: Summary

The Global Biomaterials Market is projected to reach a value of over USD 262.5 billion by 2027 at a CAGR of around 11.8%.

Biomaterials are natural or synthetic origin materials which are used as implants to substitute damaged tissue or organ improve its functionality. These materials are used to interact with the biological system for medical purpose and treatments of dental, cardiovascular, neurological, and orthopaedic surgery. Biomaterial applications are finding prominence in the research on biomed engineering, biomineralization, and biomolecules.

Biomaterials Market

Biomaterials Market: Drivers & Challenge

Market Driver:

  • Increasing Grants and Funds by Government Bodies and Universities for Development of Novel Biomaterials 

Increase in generic population, high prevalence of cardiovascular, neurological & orthopaedic disorders, and increase in awareness regarding advantages of biomaterial products are some of the factors that surging the demand for the biomaterials in various medical applications. This has attributed to various government bodies and universities are extending their help in the form of grants and funds in order to promote research & development of novel biomaterials. For instance, in March 2018, the National Science Foundation was granted USD 200 million by Drexel University granted for research on how biomaterial mediated control over macrophage behavior affects biomaterial vascularization. Thus, increasing grants and funds by government bodies and universities for the development of novel biomaterials has expected to drive the growth of the market during the forecasted period.

Market Challenge:

  • Limitation of Biomaterial-based Products

In spite of various advantages offered by biomaterials in the field of medical applications, there are some limitations associated with biomaterial-based products. For instance, the toughness and stability of bioceramics decrease at a particular temperature, which makes manufacturing difficult. Moreover, ceramic implants have a shorter life cycle as they undergo continuous loosening and dislocation. Likewise, metal polymers rust easily when exposed to harsh environments such as body acids and enzymes. Thus, limitations of biomaterials-based products are expected to hinder the product market up to some extent during the forecasted period.

Biomaterials Market: Key Segments

  • Segmentation based on Type: Metallic, Polymeric, Ceramic, and Natural.
  • Segmentation based on Application: Cardiovascular, Orthopedic, Ophthalmology, Wound Healing, and Others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Biomaterials Market: Report Scope

The report on the biomaterials market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type, Application, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • Evonik Industries AG (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • BASF SE
  • DSM
  • Medtronic
  • Invibio Ltd
  • CRS Holdings Inc.
  • Zimmer Biomet
  • Berkeley Advanced Biomaterials
  • Covalon Technologies Ltd.
  • Stryker
  • Dentsply Sirona
  • CoorsTek Inc.
  • Corbion
  • Collagen Matrix, Inc
  • CeramTec GmbH
  • Other Key Companies

Biomaterials Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Biomaterials Market, by Type

  • Metallic
  • Stainless Steel
  • Titanium & Titanium Alloys
  • Cobalt-Chrome Alloys
  • Others
  • Polymeric
  • Polymethylmethacrylate
  • Polyethylene
  • Polyester
  • Others
  • Ceramic
  • Calcium Phosphate
  • Zirconia
  • Aluminum Oxide
  • Others
  • Natural
  • Hyaluronic Acid
  • Collagen
  • Gelatin
  • Others

Biomaterials Market, by Application

  • Cardiovascular
  • Catheters
  • Stents
  • Pacemakers
  • Others
  • Orthopedic
  • Joint Replacement
  • Viscosupplementation
  • Bioresorbable Tissue Fixation
  • Others
  • Ophthalmology
  • Contact Lenses
  • Intraocular Lenses
  • Synthetic Corneas
  • Others
  • Wound Healing
  • Wound Closure Devices
  •  Surgical Hemostats
  • Internal Tissue Sealants
  • Others
  • Others

Biomaterials Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Biomaterials Market Providers
  • Biomaterials Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Biomaterials Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE BIOMATERIAL MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Grants and Funds by Government Bodies and Universities for Development of Novel Biomaterials 
      2. Rising Incidence of Cardiovascular Diseases
      3. Increasing Research & Regeneration Medicines
    3. Restraint
      1. Stringent Clinical & Regulatory Processes
    4. Opportunities
      1. Growing Healthcare Market in Emerging Economies
    5. Challenges
      1. Limitations of BIOMATERIALS-based Products
  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  2. GLOBAL BIOMATERIALS MARKET BY TYPE, Market Size in USD Million 2019-2027)
    1. Introduction
    2. Metallic
      1. Stainless Steel
      2. Titanium & Titanium Alloys
      3. Cobalt-Chrome Alloys
      4. Others
    3. Polymeric
      1. Polymethylmethacrylate
      2. Polyethylene
      3. Polyester
      4. Others
    4. Ceramics
      1. Calcium Phosphate
      2. Zirconia
      3. Aluminum Oxide
      4. Others
    5. Natural
      1. Hyaluronic Acid
      2. Collagen
      3. Gelatin
      4. Others
  3. GLOBAL BIOMATERIALS MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Cardiovascular
      1. Catheters
      2. Stents
      3. Pacemakers
      4. Others
    3. Orthopedic
      1. Joint Replacement
      2. Viscosupplementation
      3. Bioresorbable Tissue Fixation
      4. Others
    4. Ophthalmology
      1. Contact Lenses
      2. Intraocular Lenses
      3. Synthetic Corneas
      4. Others
    5. Wound Healing
      1. Wound Closure Devices
      2. Surgical Hemostats
      3. Internal Tissue Sealants
      4. Others
    6. Others
  4. GLOBAL BIOMATERIALS MARKET BY REGION, Market Size in USD Million & Volume in Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  5. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  6. COMPANY PROFILES
    1. Evonik Industries AG
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
    2. BASF SE
    3. DSM
    4. Medtronic
    5. Invibio Ltd
    6. CRS Holdings Inc.
    7. Zimmer Biomet
    8. Berkeley Advanced Biomaterial
    9. Covalon Technologies Ltd.
    10. Stryker
    11. Dentsply Sirona
    12. CoorsTek Inc.
    13. Corbion
    14. Collagen Matrix, Inc
    15. CeramTec GmbH
    16. Other Key Companies
  7. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : HC 038

Published : September, 2020


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