A report titled “Biomaterials Market: Opportunity Analysis and Future Assessment 2022-2030” has been added on Reports and Insights. In the market analysis 2022, the economic outlook is screened from driving factors to upstream markets and the comprehensive status of the market. An in-depth evaluation of the entire growth vistas for the overall and regional market is offered which is primarily based on a thorough evaluation of leading industry players, primary and secondary data.
The global biomaterials market is estimated to reach at a value of US$ 39.7 Bn by the end of 2022 and expected to reach at a value of US$ 63.7 Bn by 2030 with a significant CAGR of 6.1%
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Biomaterials Introduction
Biomaterials can be perceived as a material of synthetic or natural source and serve its utility as implants to replace any impaired tissue or organ in order to enhance its functional capability. In the present day and age, biomaterials play a vital role in the field of medicine—reinstating function and assisting treatment and cure for people after disease or injury.
Biomaterials could be both – synthetic or natural and are employed in medical applications to encourage, improve, or substitute impaired tissue, organ or a biological function.
Biomaterials Market Dynamics
Biomaterials can be understood as synthetically obtained natural or synthetic materials that play a vital role in the medical technology to enhance the functional capabilities of impaired organs and tissues. These biomaterials further find its application in communicating with biological systems for clinical purposes and remedies of dental, cardiovascular, neurological, and orthopedic disorders. Thus, the increasing prevalence of dental, orthopedic, cardiovascular and other chronic diseases among the population is majorly boosting the demand of biomaterials across the global market.
In addition to that, the huge funding by government organizations to commence and set in motion new products across the world together with a surge in awareness with regard to the benefits of biomaterials products is also estimated to grow substantially in the forthcoming years.
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Biomaterials Market Segmentation
The global biomaterials market is segmented on the basis of type, application, and region
By Type
Metallic Biomaterials
Stainless Steel
Titanium & Titanium Alloys
Cobalt-Chrome Alloys
Gold
Silver
Magnesium
Polymeric Biomaterials
Polymethylmethacrylate
Polyethylene
Polyester
Silicone Rubber
Nylon
Polyetheretherketone
Other Polymeric Biomaterials
Ceramics
Calcium Phosphate
Zirconia
Aluminum Oxide
Calcium Sulfate
Carbon
Glass
Natural Biomaterials
Hyaluronic Acid
Collagen
Gelatin
Fibrin
Cellulose
Chitin
Alginates
Silk
By Application
Cardiovascular
Catheters
Stents
Implantable Cardiac Defibrillators
Pacemakers
Sensors
Heart Valves
Vascular Grafts
Guidewires
Others
Orthopedic
Joint Replacement
Knee Replacement
Hip Replacement
Shoulder Replacement
Others
Viscosupplementation
Bioresorbable Tissue Fixation
Suture Anchors
Interference Screws
Meniscal Repair Tacks
Meshes
Spine
Spinal Fusion Surgeries
Minimally Invasive Fusion Surgeries
Motion Preservation & Dynamic Stabilization Surgeries
Pedicle-Based Rod Systems
Interspinous Spacers
Artificial Discs
Fracture Fixation Devices
Bone Plates
Screws
Pins
Rods
Wires
Synthetics Bone Grafts
Ophthalmology
Contact Lenses
Intraocular Lenses
Functional Replacement of Ocular Tissues
Synthetic Corneas
Others
Dental
Dental Implants
Dental Bone Grafts & Substitutes
Dental Membranes
Tissue Regeneration
Plastic Surgery
Soft-Tissue Fillers
Craniofacial Surgery
Wound Healing
Wound Closure Devices
Sutures
Staples
Surgical Hemostats
Internal Tissue Sealants
Adhesion Barriers
Hernia Meshes
Tissue Engineering
Scaffolds for Regenerative Medicine
Nanomaterials for Biosensing
Tailoring of Inorganic Nanoparticles
Neurological/Central Nervous System Applications
Shunting Systems
Cortical Neural Prosthetics
Hydrogel Scaffolds for CNS Repair
Neural Stem Cell Encapsulation
Other Applications
Drug Delivery Systems
Gastrointestinal Applications
Bariatric Surgery
Urinary Applications
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Biomaterials Market Key Players
The key participating players of the global biomaterials market include BASF SE, Covestro AG, Celanese Corporation, Corbion, Royal DSM, Evonik Industries, Carpenter Technology Corporation, Berkeley Advanced Biomaterials, Cam Bioceramics B.V., CoorsTek Inc., CeramTec, and Gelita AG, among others.
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