Press Release

Biomaterials Market 2021 Size & Share | Market worth USD 245.6 billion with 12.2% CAGR by 2027

The global “Biomaterials  Market” is set to gain impetus from the increasing usage of a wide variety of biomaterials because of their clinical efficiencies. They also provide several benefits in wound healing applications. Fortune Business Insights™ published this information in a recent report, titled, “Biomaterials Market “ and Industry Analysis, By Material (Metallic Biomaterials, Ceramic Biomaterials, Polymers, and Natural Biomaterials), By Application (Cardiovascular, Dental, Orthopedic, Plastic Surgery, Urology, Gastroenterology, and Others), and Regional Forecast, 2020-2027.” The report further mentions that the biomaterials market size was USD 110.0 billion in 2019 and is projected to reach USD 245.6 billion by 2027, thereby exhibiting a CAGR of 12.2% during the forecast period from 2020–2027.

Major Biomaterials Market Key players covered in the report include:

  • Invibio Ltd
  • Wright Medical Technology, Inc.
  • Evonik Industries AG
  • Zimmer Biomet
  • DePuy Synthes Companies
  • DSM Biomedical, Inc.
  • Corbion NV
  • Other Players

Get Request a Sample Copy of the Biomaterials Report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/biomaterials-market-102770

Our research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for market to figure out and study the market’s needs, market size, and competition.

Biomaterials Market Analysis 2021:

Drivers & Restraints-

Rising Usage of Natural & Synthetic Biomaterials for Cardiac Repair to Aid Growth

Cardiovascular diseases are considered to be one of the major causes of death worldwide. Even though there are multiple pharmacological and surgical interventions that can be applied to enhance the quality of life of the patients affected by such diseases, less-invasive and cost-effective procedures are always more preferable. Both synthetic and natural biomaterials showcase high potential in cardiac regeneration and repair. Nowadays injectable biomaterials are used the most as they preserve cardiac functions, increase angiogenesis, and reduce left ventricular dilatation. However, there are numerous strict regulatory and clinical processes that the biomaterial-based devices have to go through to ensure their quality and efficacy. It may hamper the implantable biomaterials market growth.

Regional Analysis-

North America to Dominate Owing to High Government Funding in Development Activities

Based on geography, the market is segregated into the Middle East & Africa, Asia Pacific, North America, Latin America, and Europe. Out of these, North America is set to dominate the market. It had procured USD 44.83 billion revenue in 2019. This growth is attributable to the increasing funding by the governments of various countries in this region in development activities. Apart from this, the rising number of new product launches by industry giants, as well as higher incidence orthopedic replacements and cardiovascular diseases would contribute to the growth of the market in this region. Europe is anticipated to remain in the second position fueled by the emergence of innovative products in this region.

Competitive Landscape-

Key Players Aim to Gain Competitive Edge by Acquiring Other Companies

The market houses a large number of enterprises that are presently focusing on the strategies of acquisitions and achieving fast track approvals from the regulatory bodies for new biomaterials. Below are a couple of the latest key industry developments:

  • November 2019: DiFusion, a biotechnology company based in Texas, bagged the 510K clearance from the USFDA. It was meant for the company’s Xiphos-ZF spinal interbody device. The device is created from ZFUZE, a new biomaterial that has proven to reduce Interleukin 6 and Interleukin 1-Beta significantly. It has also exhibited M2 macrophage response.
  • December 2019: Advanced Medical Solutions (AMS), developer and manufacturer of technologically advanced and unique products for advanced wound care and surgical markets, successfully acquired Biomatlante, a surgical biomaterial technologies company. The total deal is worth €8 million. This new acquisition would aid AMS in strengthening its market access, R&D pipeline, and portfolio.

Have Any Query? Ask Our Experts:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/biomaterials-market-102770

Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Prevalence of Key Indications (Cardiovascular Diseases, Orthopedic Disorders, etc) by Country/Region
    • Key Industry Trends
    • Key Industry Developments (Mergers, Acquisitions, and Partnerships)
    • Recent Advancements in Biomaterials
  • Global Biomaterials Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Material
      • Metallic
      • Ceramic
      • Polymers
      • Natural
    • Market Analysis, Insights and Forecast – By Application
      • Cardiovascular
      • Dental
      • Orthopedic
      • Plastic Surgery
      • Urology
      • Gastroenterology
      • Others
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East & Africa
  • North America Biomaterials Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis – By Material
      • Metallic
      • Ceramic
      • Polymers
      • Natural
    • Market Analysis – By Application
      • Cardiovascular
      • Dental
      • Orthopedic
      • Plastic Surgery
      • Urology
      • Gastroenterology
      • Others
    • Market Analysis – By Country
      • U.S.
      • Canada
  • Europe Biomaterials Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis – By Material
      • Metallic
      • Ceramic
      • Polymers
      • Natural
    • Market Analysis – By Application
      • Cardiovascular
      • Dental
      • Orthopedic
      • Plastic Surgery
      • Urology
      • Gastroenterology
      • Others
    • Market Analysis – By Country/Sub-region
      • U.K.
      • Germany
      • France
      • Spain
      • Italy
      • Scandinavia
      • Rest of Europe
  • Asia Pacific Biomaterials Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis – By Material
      • Metallic
      • Ceramic
      • Polymers
      • Natural
    • Market Analysis – By Application
      • Cardiovascular
      • Dental
      • Orthopedic
      • Plastic Surgery
      • Urology
      • Gastroenterology
      • Others
    • Market Analysis – By Country/Sub-region
      • Japan
      • China
      • India
      • Australia
      • Southeast Asia
      • Rest of Asia Pacific

Toc Continue…

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