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Biomaterials Market To Surge at a CAGR Of 16 % And Is Projected To Reach To Reach USD 130.57 Billion by 2020

Press Release   •   Jan 19, 2017 04:43 EST

The biomaterials market is poised to reach USD 130.57 Billion by 2020, growing at a CAGR of 16% during the forecast period of 2015 to 2020. The growth of the overall market can be contributed to increased funds & grants by government bodies worldwide, growing implantable devices market, technological advancements, rising number of hip and knee replacement procedures, and high growth in geriatric population coupled with growing incidence of cardiovascular diseases.

The global biomaterials market is segmented on the basis of type of material and application. By type of material, the market is categorized into metallic, ceramic, polymers, and natural biomaterials. In 2015, the metallic segment accound for the largest share of the market. However, the polymers segment is expected to grow at the fastest rate during the forecast period. The metallic segment is further segmented into stainless steel, titanium & titanium alloys, cobalt-chrome alloys, silver, gold, and platinum. In 2015, stainless steel segment accounted for the largest share, while the titanium & titanium alloys segment is expected to grow the fastest rate during the forecast period.

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The ceramic segment is further segmented into aluminum oxide, zirconia, calcium phosphate, calcium sulphate, carbon, and glass. In 2015, the calcium phosphate segment is estimated to account for the larger share of the market and expected to grow at the fastest rate during the forecast period. The polymers segment is further segmented into polymethylmethacrylate (PMMA), polyethylene, polyester, polyvinyl chloride, silicone rubber, nylon, and polyetheretherketone (PEEK). In 2015, the polymethylmethacrylate (PMMA), segment is estimated to account for the larger share of the market and expected to grow at the fastest rate during the forecast period. The natural biomaterials market is further segmented into hyaluronic acid, collagen & gelatin, fibrin, cellulose, chitin, alginate, and silk. In 2015, the hyaluronic acid, segment is estimated to account for the larger share of the market and expected to grow at the fastest rate during the forecast period.

The biomaterials market, based on application, is segmented into cardiovascular, orthopedic, dental, plastic surgery, wound healing, tissue engineering, ophthalmology, neurological /central nervous systems, and other applications which include drug delivery systems, gastrointestinal, bariatric surgery, and urinary applications. The cardiovascular segment is expected to account for the largest share of the biomaterials market in 2015. Orthopedic segment is expected to be the second-largest application area in 2015. The plastic surgery and wound healing applications are expected to grow at the fastest rate during the forecast period.

On the basis of regions, this market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

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The biomaterials market is expected to reach USD 130.57 Billion in 2020 from USD 62.06 Billion in 2015, growing at a CAGR of 16%. The market is expected to be dominated by North America, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific is expected to grow at the highest rate during the forecast period.

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Some major players in the global biomaterials market Royal DSM (Netherlands), Wright Medical Technology, Inc. (U.S.), Corbion N.V. (Netherlands), Zimmer Biomet Holdings, Inc. (U.S.), Bayer AG (Germany), Carpenter Technology Corporation (U.S.), Covalon Technologies Ltd. (Canada), Evonik Industries AG (Germany), BASF SE (Germany), Invibio Ltd. (U.K.), Berkeley Advanced Biomaterials, Inc. (U.S.), CAM Bioceramics BV (Netherlands), and Collagen Matrix, Inc. (U.S.).

Gist of Table of Contrnt of this Report

Executive Summary, Introduction, Current Scenario, Future Scenario, Conclusion

Premium Insights, Overview of the Global Market, Global Market, By Type, Geographic Analysis of the Market, Metallic Biomaterials Market, By Type, Geographic Snapshot of the Market, Market Overview, Introduction, Biomaterials Market Segmentation, Market Dynamics, Drivers, Increased Funds and Grants By Government Bodies Worldwide, Growing Implantable Devices Market, High Growth Anticipated for Plastic Surgery and Wound Healing Applications, Research and Funding for Developing Novel Biomaterials to Boost Market for Cardiovascular Applications, Technological Advancements, Rising Number of Hip and Knee Replacement Procedures Worldwide, High Growth in the Geriatric Population Coupled With Growing Incidence of Cardiovascular Diseases: Restraints, Limitations of Biomaterial-Based Products, Stringent Clinical & Regulatory Processes, Unfavorable Healthcare Reforms in the U.S., Opportunities, Growing Healthcare Market in Emerging Economies,Increasing Number of Free-Trade Agreements,Burning Issues, Biomaterials Access Assurance Act

Global Biomaterials Market, By Type of Materia, Metallic Biomaterials, Stainless Steel, Titanium & Titanium Alloys., Cobalt-Chrome Alloys, Gold, Silver, Ceramics biomaterials, Calcium Phosphate, Zirconia, Aluminum Oxide,Calcium Sulfate, Carbon, Glass, Polymers biomaterials, Polymethylmethacrylate (PMMA), Polyethylene, Polyester, Polyvinylchloride (PVC), Silicone Rubber, Nylon, Polyetheretherketone (PEEK), Natural Biomaterials, Hyaluronic Acid, Collagen & Gelatin, Fibrin, Cellulose, Chitin

Biomaterials Market, By Application, Introduction, Cardiovascular, Stents, Pacemakers, Implantable Cardiac Defiblillators, Heart Valves, Catheters, Vascular Grafts, Guidewires, Sensors, Others, Orthopedic,Joint Replacement, Knee Replacement (Arthroplasty), Hip Replacement (Arthroplasty), Shoulder Replacement (Arthroplasty), Others, Viscosupplementation, Knee Osteoarthritis, Abdominal and Pelvic Surgeries, Bioresorbable Tissue Fixation Products, Suture Anchors, Interference Screws, Meniscal Repair Tacks, Meshes, Spine, Spinal Fusion, Minimally Invasive Fusion Surgeries, Motion Preservation& Dynamic Stabilization, Pedicle-Based Rod Systems, Interspinous Spacers, Disc Arthroplasty/Replacement, Demineralized Bone Matrix, Orthobiologics, Autografts, Allograft, Synthetics, Bone Morphogenetic Proteins (Bmps), Growth Factors, Stem Cell Therapy, Ophthalmology, Contact Lenses, Intraocular Lenses, Functional Replacements of Ocular Tissues, Synthetic Corneas, Others, Dental, Dental Implants, Dental Bone Grafts & Substitutes, Dental Membranes, Tissue Regeneration, Plastic Surgery, Acellular Dermal Matrices, Soft Tissue Fillers, Facial Wrinkle Treatments, Bioengineered Skin, Craniofacial Surgery, Peripheral Nerve Repair, Wound Healing, Fracture Fixation Devices, Sutures, Staples, Bone Plates, Screws, Pins, Rods, Wires, Skin Substitutes, Surgical Hemostats, Internal Tissue Sealants, Adhesion Barriers, Tissue Engineering, Scaffolds for Regenerative Medicine, Nanomaterials for Biosensing, Self-Assembled Biomimetic Copolymers, Cell-Material Interface Engineering, Tailoring of Inorganic Nanoparticles, Neurological/Central Nervous System, 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

Market, By Region, North America, U.S., Biomaterials-Based Research to Drive the U.S. Biomaterials Market,Growing Demand for Plastic Surgeries in the U.S., Conferences on Biomaterials in the U.S., Increase in Cancer Incidences, Growing Number of Cardiovascular Diseases to Bolster Growth
Canada, Increasing R&D Activities for Biomaterials in Canada
Europe, Germany, Rising Cases of Hip and Knee Replacements, Growing Medical Devices Industry in Germany

U.K., Increased Funds, and Grants By Government Bodies & Universities, Rise in Cvd Prevalence in the U.K., Conferences & Annual Meetings,Rising Cosmetic Surgery in the U.K. to Trigger Market Growth, France, Favorable Government Support and Growing Aging Population
Rest of Europe (RoE), Improving Healthcare Structure in Russia, Increasing Research Activities on Biomaterials in Spain, Spain & Poland: Rising Incidence of Cardiovascular Disease, Growth in the Medical Tourism Industry, and Aging Population
Asia-Pacific, International Alliances to Boost the Biomaterials Market
Japan, Japan’s Growing Healthcare Industry
China, Lucrative Medical Devices Industry in China, New, Favorable Tax Policy, Growing Aging Population

India, India, A Hotspot for Cosmetic and Plastic Surgery, Increasing Geriatric Population in India, Rest of Asia-Pacific (RoAPAC), Rising Cases of Hip and Knee Replacement Procedures in Australia, Regulations Limiting the Growth of the Biomaterials Market in Indonesia, Increasing Research Activities in Australia, Singapore, and Hong Kong,

Rest of the World (Row), Increasing Aging Population and the Subsequent Rise in Age-Related Disorders in the

Middle East, Rising Obesity in Latin America, Opportunities in the Healthcare System in Brazil, Increasing Aging Population Coupled With Increasing Cases of Cardiovascular Diseases in Brazil, Market Scenario in Latin America and South Africa

Competitive Landscape; Competitive Situation and Trends, Acquisitions, Agreements, Alliances, Partnerships, Joint Ventures, and Collaborations, New Product Launches, Expansions and Other Developments

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