Biomaterials Market Size, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2027
The new report titled ‘Global Biomaterials Market’, published by emergen research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Biomaterials market outlook over the forecast duration (2019-2027). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Biomaterials market.
Increasing prevalence of chronic diseases such as cardiovascular diseases, orthopedic disorders, hike in the geriatric population, and significant technological advancements in the biomaterials industry are expected to drive the growth of the Biomaterials market.
Biomaterials Market Size – USD 106.37 Billion in 2019, Market Growth – CAGR of 13.6%, Market Trends – Advancements in Biomaterials platform and improved regulations for surgical procedures
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Key players in the market include Berkeley Advanced Biomaterials, Royal DSM, Carpenter Technology Corporation, BASF SE, Corbion, Cam Bioceramics B.V., Celanese Corporation, CoorsTek Inc., CeramTec, Evonik Industries, and GELITA AG, among others.
The Biomaterials Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.
For instance, the emerging 3D printing technology is being used for developing complex biomaterial structures. The requirement of resources and human resources for the manufacturing of such materials has been significantly reduced. Predicting the rampant investment in R&D in 3D printing innovation, the growth in the biomaterials market is significant.
In January 2019, ProMed Pharma and DSM Biomedical announced a business development partnership focused on polymeric drug delivery. Thus increasing the demand for its biomaterial market over the estimated period.
In January 2019, DSM Biomedical partnered with ProMed Pharma to control its biomedical biomaterials delivering novel controlled-release drug implants and corresponding combination devices with ProMed’s micro molding and extrusion capabilities.
Regional Analysis of the Biomaterials Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Increasing acceptance of metallic biomaterials in orthopedic applications due to their high load-bearing capacity is one factor driving the market growth. Besides, continuous advancements in the orthopedic implants by market vendors are also expected to propel the market share for the upcoming forecast period.
The plastic surgery industry is experiencing a dynamic transition and growing fastest in the biomaterials market during the forecast period. The rising geriatric population, positive public perception toward cosmetic surgeries, and technological advances are factors increasing the demand for plastic surgeries.
Key Questions Answered in the Report:
What is the growth rate of the Biomaterials market? What is the anticipated market valuation of Biomaterials industry by 2027?
What are the key growth driving and restraining factors of the Biomaterials market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Biomaterials industry over the forecast period?
Which region is expected to show significant growth in the coming years?
For the purpose of this report, Emergen Research has segmented into the global Biomaterials Market on the basis of Type, Application, and Region:
Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
Gold and silver alloys
Titanium and its alloys
Collagen and Gelatin
Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
Implantable Cardiac Defibrillators
Occular Tissue Replacement
Joint Replacement Biomaterials
Soft Tissue Fillers
Facial Wrinkle Treatment
Peripheral Nerve Repair
Acellular Dermal Matrices
Cortical Neural Prosthetics
Hydrogel Scaffold for CNS repair
Neural Stem Cell Encapsulation
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