Global Biomaterials Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Healthcare Date : February 1st, 2019
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Global biomaterials market was valued at USD 82.6 billion in 2017, and is likely to expand to USD 215.3 billion by 2024, witnessing a CAGR of 14.4% over the forecast period. The growth can be primarily attributed to the increasing product development in implantable instruments and materials, and increasing incidence of cardiovascular and orthopedic diseases. Furthermore, increasing penetration of biomaterial implants across the globe is driving the industry growth.

 The years used for the assessment are as follows;

Historical year:2014, 2015, and 2016

Base year:2017

Forecast period:2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, government websites, annual reports, press releases, white papers, surveys, investor presentation of companies, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total global biomaterials market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global biomaterialsmarket
  • Finalizing the overall size and share of the global biomaterials market 

OBJECTIVES:

  • To analyze market trends, opportunities, drivers, and restraints associated with the global biomaterials market
  • To study market response with respect to the mergers and acquisitions in the industry
  • To profile key companies operating in the biomaterials market and provide their competitive landscape

MARKET SCOPE

The research scope for global biomaterialsmarket is as follows:

By Material

  • Ceramics
    • Zirconia
    • Calcium Sulfate
    • Calcium Phosphate
    • Carbon
    • Aluminum Oxide
  • Polymers
    • Polyvinylchloride (PVC)
    • Polymethylmethacrylate (PMMA)
    • Polyethylene
    • Nylon
    • Others
  • Metallic
    • Cobalt-Chrome Alloys
    • Stainless Steel
    • Silver
    • Magnesium
    • Others
  • Natural
    • Collagen
    • Chitin
    • Fibrin
    • Others

By Applications

  • Ophthalmology
    • Intraocular Lens
    • Contact Lens
    • Synthetic Corneas
    • Others
  • Orthopedic
    • Hip Replacement
    • Shoulder Replacement
    • Knee Replacement
    • Others
  • Cardiovascular
    • Stents
    • Pacemakers
    • Implantable Cardiac Defibrillators
    • Sensors
    • Others
  • Dental
    • Dental Implants
    • Dental Membranes
    • Tissue Regeneration Materials
    • Others
  • Plastic Surgery
    • Craniofacial Surgery
    • Acellular Dermal Matrices
    • Soft Tissue Fillers
    • Others
  • Wound Healing
    • Surgical Hemostats
    • Fracture Healing Device
    • Adhesion Barrier
    • Others
  • Tissue Engineering
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Central & South America
  • Middle East and Africa

Biomaterials play an integral role in healthcare sector. These materials restore function and facilitate healing after injury or disease. It is a rapidly emerging component of the materials research community.  Research and development in this area covers a broad range of activities such as the materials used for delivery of therapeutic and diagnostic agents, construction of medical devices and scaffolds for tissue engineering and regenerative medicine applications.

The growth in the biomaterials market is attributed to the growing development in implantable instruments and materials, and increasing incidence of joint disorders across the globe. Moreover, increasing incidence of cardiovascular and orthopedic diseases, and growing applications of biomaterials coupled with increasing penetration of biomaterial implants across the globe is driving the market growth.

Geographically, North America held the major share of the global market in 2017, owing to growing research and development activities and rising awareness of tissue engineering. Moreover, high growth in geriatric population and increasing government investments in biomaterial sector is further propelling the industry growth in the region. Asia-Pacific region is expected to register highest CAGR over the forecast period. The growth is mainly attributed to the increasing incidence of chronic diseases and rising awareness regarding biomaterial applications.

Some of the key companies operating in the market include Zimmer Biomet Holdings, Inc., Collagen Matrix, Inc., CAM Bioceramics BV., DuPont, Medtronic plc, Covalon Technologies Ltd., Evonik Industries AG, Biomet, Inc, Invibio Ltd., BASF SE, and Corbion among others.Global biomaterials market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Biomaterials- Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global biomaterials market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.5.1. Advancements in biomaterials technology

3.5.2. Increasing research and development activities and investments by major players

3.6. Market driver analysis

3.6.1. Increasing incidence of cardiovascular and orthopedic diseases across the globe

3.6.2. Product development in implantable instruments and materials

3.6.3. Increasing penetration of biomaterial implants across the globe

3.6.4. Growing applications of biomaterials

3.7. Market restraint analysis

3.7.1. Stringent government regulations

3.7.2. Lack of tissue availability

CHAPTER 4. Competitive Outlook

4.1. Competitive analysis

4.1.1. Industry Analysis-Porters five forces of analysis

4.1.2. Company Share Analysis

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Biomaterials Market Size and Forecast (2014 – 2024)

5.1. Global Biomaterials Market, By Material

5.1.1. Ceramics

   5.1.1.1. Zirconia

   5.1.1.2. Calcium Sulfate

   5.1.1.3. Calcium Phosphate

   5.1.1.4. Carbon

   5.1.1.5. Aluminum Oxide

5.1.2. Polymers

   5.1.2.1. Polyvinylchloride (PVC)

   5.1.2.2. Polymethylmethacrylate (PMMA)

   5.1.2.3. Polyethylene

   5.1.2.4. Nylon

   5.1.2.5. Others

5.1.3. Metallic

  5.1.3.1. Cobalt-Chrome Alloys

  5.1.3.2. Stainless Steel

  5.1.3.3. Silver

  5.1.3.4. Magnesium

  5.1.3.5. Others

5.1.4. Natural

5.1.4.1. Collagen

5.1.4.2. Chitin

5.1.4.3. Fibrin

5.1.4.4. Others

5.2. Global Biomaterials Market, By Applications

5.2.1. Ophthalmology

   5.2.1.1. Intraocular Lens

   5.2.1.2. Contact Lens

   5.2.1.3. Synthetic Corneas

   5.2.1.4. Others

5.2.2. Orthopedic

   5.2.2.1. Hip Replacement

   5.2.2.2. Shoulder Replacement

   5.2.2.3. Knee Replacement

   5.2.2.4. Others

5.2.3. Cardiovascular

   5.2.3.1. Stents

   5.2.3.2. Pacemakers

   5.2.3.3. Implantable Cardiac Defibrillators

   5.2.3.4. Sensors

   5.2.3.5. Others

5.2.4. Dental

   5.2.4.1. Dental Implants

   5.2.4.2. Dental Membranes

   5.2.4.3. Tissue Regeneration Materials

   5.2.4.4. Others

5.2.5. Plastic Surgery

   5.2.5.1. Craniofacial Surgery

   5.2.5.2. Acellular Dermal Matrices

   5.2.5.3. Soft Tissue Fillers

   5.2.5.4. Others

5.2.6. Wound Healing

   5.2.6.1. Surgical Hemostats

   5.2.6.2. Fracture Healing Device

   5.2.6.3. Adhesion Barrier

   5.2.6.4. Others

5.2.7. Tissue Engineering

5.2.8. Others

CHAPTER 6. Global Biomaterials Market, By Geography

6.1. North America Biomaterials Market

6.1.1. North America Biomaterials Market, By Material (USD Billion)

6.1.2. North America Biomaterials Market, By Applications (USD Billion)

6.1.3. North America Biomaterials Market, By Country

   6.1.3.1. U.S.

   6.1.3.2. Canada

   6.1.3.3. Mexico

6.2. Europe Biomaterials Market

6.2.1. Europe Biomaterials Market, By Material (USD Billion)

6.2.2. Europe Biomaterials Market, By Applications (USD Billion)

6.2.3. Europe Biomaterials Market, By Country

   6.2.3.1. Germany

   6.2.3.2. France

   6.2.3.3. U.K.

   6.2.3.4. Russia

   6.2.3.5. Italy

   6.2.3.6. Spain

   6.2.3.7. Rest of Europe

6.3. Asia-Pacific Biomaterials Market

6.3.1. Asia-Pacific Biomaterials Market, By Material (USD Billion)

6.3.2. Asia-Pacific Biomaterials Market, By Applications (USD Billion)

6.3.3. Asia-Pacific Biomaterials Market, By Country

   6.3.3.1. China

   6.3.3.2. Australia

   6.3.3.3. Japan

   6.3.3.4. South Korea

   6.3.3.5. India

   6.3.3.6. Rest of Asia-Pacific

6.4. Centeral and South America Biomaterials Market

6.4.1. Central and South America Biomaterials Market, By Material (USD Billion)

6.4.2. Central and South America Biomaterials Market, By Applications (USD Billion)

6.4.3. Central and South America Biomaterials Market, By Country

   6.4.3.1. Brazil

   6.4.3.2. Argentina

   6.4.3.3. Rest of Central and South America

6.5. Middle East and Africa Biomaterials Market

        6.5.1. Middle East and Africa Biomaterials Market, By Material (USD Billion)

6.5.2. Middle East and Africa Biomaterials Market, By Applications (USD Billion)

6.5.3. Middle East and Africa Biomaterials Market, By Country

             6.5.3.1. South Africa

     6.5.3.2. Saudi Arabia

     6.5.3.3. Rest of Middle East and Africa

CHAPTER 7. Key Players and Strategic Developments

7.1. Zimmer Biomet Holdings, Inc.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Collagen Matrix, Inc.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. CAM Bioceramics BV.

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. DuPont

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Medtronic plc

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Covalon Technologies Ltd.

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Evonik Industries AG

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Biomet, Inc

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Invibio Ltd.

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. BASF SE

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Corbion

7.11.1. Business Overview

7.11.2. Product and Service Offering

7.11.3. Financial Overview

7.11.4. Strategic Developments

7.12. Abbreviation

Global Biomaterials Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024