Biomaterials market to grow by USD 12,907.35 million from 2022 to 2027|Increasing research on regenerative medicine to be a major trend - Technavio
05 Aug 2023
NEW YORK, Aug. 4, 2023 /PRNewswire/ -- The
biomaterials market is expected to grow by
USD 12,907.35 million from 2022 to 2027, according to Technavio. As per the latest report, the market will progress at a
CAGR of 6% during the forecast period.
The increasing research on regenerative medicine is an emerging trend in the market. Regenerative medicine includes the use of biomaterials and other technologies, which help repair or replace damaged tissues and organs or stimulate the natural healing process of the body. Also, it is used for the treatment of various medical conditions such as cardiovascular disease, neurological disorders, and orthopedic injuries. Furthermore, biomaterials provide a framework to help with the growth of new tissue by promoting cell attachment. They also proliferate and regulate cell behavior and the demand for biomaterials is expected to grow significantly due to advances in regenerative medicine research.
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Technavio has announced its latest market research report titled Global Biomaterials Market 2023-2027
Biomaterials Market 2023-2027: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our biomaterials market report covers the following areas:
Biomaterials Market size
Biomaterials Market trends
Biomaterials Market industry analysis
Biomaterials Market five forces analysis
Biomaterials Market competitive landscape
Biomaterials Market 2023-2027: Segmentation
Biomaterials Market is segmented as below:
Type
Metallic
Ceramic
Polymers
Natural
Application
Orthopedic
Cardiovascular
Dental
Neurology
Plastic Surgery And Others
Geography
North America
Europe
Asia
Rest Of World (ROW)
The
metallic segment will be significant for overall market growth during the forecast period. Metallic materials are used as biomaterials due to their high thermal conductivity and mechanical properties. The growth can be attributed to factors such as the extensive use of metals in manufacturing medical devices used in cardiovascular, dental, and orthopedic applications. Hence, such factors drive segment growth during the forecast period.
To learn more about the global trends impacting the future of market research, download a sample report now!
Biomaterials Market 2023-2027: Market Dynamics
Key Drivers
Increasing wound healing therapies drives the growth of the biomaterials market during the forecast period.
Wound healing therapies majorly use biomaterials to promote tissue regeneration, enhance healing, and minimize scarring.
Also, the demand for biomaterials-based products is driven by the increasing prevalence of chronic wounds.
Hence, the demand for wound healing therapies will continue to fuel the growth of the global biomaterials market.
Major Challenges
The stringent clinical and regulatory processes are major challenges that may impede the market growth.
Adherence to these regulations is important to introduce new products into the market. To ensure that they are safe and efficient to be used before approval, biomaterials must undergo strict testing and clinical trials.
But the processes can be lengthy, costly, and unpredictable, which creates significant challenges for companies.
Regulatory agencies may require additional testing or changes to the design or manufacturing processes. And they further result in delays in approval and increase the costs incurred by manufacturers.
Hence, such challenges hinder the market growth during the forecast period.
What's New? -
Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
Global competitiveness and key competitor positions
Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial -
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Biomaterials Market 2023-2027: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. We provide a detailed analysis of around 25 vendors operating in the Biomaterials Market, including some of the vendors such as Algenesis Corp., BASF SE, Carpenter Technology Corp., Celanese Corp., CeramTec GmbH, CoorsTek Inc., Corbion nv, Covestro AG, Dimension Inx., Evonik Industries AG, Koninklijke DSM NV, Mitsubishi Chemical Corp., Riton Biomaterial Co. Ltd., Artoss Inc., Berkeley Advanced Biomaterials, CAM Bioceramics BV, Gelita AG, Noble Biomaterials Inc., Victrex Plc, and Zeus Co. Inc. Backed with competitive intelligence and benchmarking, our research reports on the Biomaterials Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Vendor Offerings
Carpenter Technology Corp. - The company offers biomaterials such as Autofroth (PU), Autopour (PU), and Balindur (PU).
Celanese Corp. - The company offers biomaterials such as H-GENIN Crush-Mix and human allograft cancellous bone chips.
CeramTec GmbH - The company offers biomaterials such as coating powders, specialty powders, and granules.
Biomaterials Market 2023-2027: Key Highlights
CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist biomaterials market growth during the next five years
Estimation of the biomaterials market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the biomaterials market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of biomaterials market vendors
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Table Of Contents :
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global biomaterials market 2017 - 2021
Exhibit 18: Historic Market Size – Data Table on global biomaterials market 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
4.3 Applicaton Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size – Applicaton Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Metallic - Market size and forecast 2022-2027
Exhibit 34: Chart on Metallic - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Metallic - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Metallic - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Metallic - Year-over-year growth 2022-2027 (%)
6.4 Ceramic - Market size and forecast 2022-2027
Exhibit 38: Chart on Ceramic - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Ceramic - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Ceramic - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Ceramic - Year-over-year growth 2022-2027 (%)
6.5 Polymers - Market size and forecast 2022-2027
Exhibit 42: Chart on Polymers - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Polymers - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Polymers - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Polymers - Year-over-year growth 2022-2027 (%)
6.6 Natural - Market size and forecast 2022-2027
Exhibit 46: Chart on Natural - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Natural - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Natural - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Natural - Year-over-year growth 2022-2027 (%)
6.7 Market opportunity by Type
Exhibit 50: Market opportunity by Type ($ million)
Exhibit 51: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 52: Chart on Application - Market share 2022-2027 (%)
Exhibit 53: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 54: Chart on Comparison by Application
Exhibit 55: Data Table on Comparison by Application
7.3 Orthopedic - Market size and forecast 2022-2027
Exhibit 56: Chart on Orthopedic - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Orthopedic - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Orthopedic - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Orthopedic - Year-over-year growth 2022-2027 (%)
7.4 Cardiovascular - Market size and forecast 2022-2027
Exhibit 60: Chart on Cardiovascular - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Cardiovascular - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Cardiovascular - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Cardiovascular - Year-over-year growth 2022-2027 (%)
7.5 Dental - Market size and forecast 2022-2027
Exhibit 64: Chart on Dental - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Dental - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Dental - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Dental - Year-over-year growth 2022-2027 (%)
7.6 Neurology - Market size and forecast 2022-2027
Exhibit 68: Chart on Neurology - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Data Table on Neurology - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Chart on Neurology - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Neurology - Year-over-year growth 2022-2027 (%)
7.7 Plastic surgery and others - Market size and forecast 2022-2027
Exhibit 72: Chart on Plastic surgery and others - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Data Table on Plastic surgery and others - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Chart on Plastic surgery and others - Year-over-year growth 2022-2027 (%)
Exhibit 75: Data Table on Plastic surgery and others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Application
Exhibit 76: Market opportunity by Application ($ million)
Exhibit 77: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 79: Chart on Market share by geography 2022-2027 (%)
Exhibit 80: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 81: Chart on Geographic comparison
Exhibit 82: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 Asia - Market size and forecast 2022-2027
Exhibit 91: Chart on Asia - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Asia - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Asia - Year-over-year growth 2022-2027 (%)
9.6 Rest of World (ROW) - Market size and forecast 2022-2027
Exhibit 95: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
9.7 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.8 Germany - Market size and forecast 2022-2027
Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.9 UK - Market size and forecast 2022-2027
Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
Exhibit 115: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 116: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 117: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 Market opportunity by geography
Exhibit 119: Market opportunity by geography ($ million)
Exhibit 120: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 BASF SE
Exhibit 127: BASF SE - Overview
Exhibit 128: BASF SE - Business segments
Exhibit 129: BASF SE - Key news
Exhibit 130: BASF SE - Key offerings
Exhibit 131: BASF SE - Segment focus
12.4 Berkeley Advanced Biomaterials
Exhibit 132: Berkeley Advanced Biomaterials - Overview
Exhibit 133: Berkeley Advanced Biomaterials - Product / Service
Exhibit 134: Berkeley Advanced Biomaterials - Key offerings
12.5 CAM Bioceramics BV
Exhibit 135: CAM Bioceramics BV - Overview
Exhibit 136: CAM Bioceramics BV - Key offerings
Exhibit 137: Carpenter Technology Corp. - Overview
Exhibit 138: Carpenter Technology Corp. - Business segments
Exhibit 139: Carpenter Technology Corp. - Key offerings
Exhibit 140: Carpenter Technology Corp. - Segment focus
12.7 Celanese Corp.
Exhibit 141: Celanese Corp. - Overview
Exhibit 142: Celanese Corp. - Business segments
Exhibit 143: Celanese Corp. - Key offerings
Exhibit 144: Celanese Corp. - Segment focus
12.8 CeramTec GmbH
Exhibit 145: CeramTec GmbH - Overview
Exhibit 146: CeramTec GmbH - Business segments
Exhibit 147: CeramTec GmbH - Key offerings
Exhibit 148: CeramTec GmbH - Segment focus
12.9 CoorsTek Inc.
Exhibit 149: CoorsTek Inc. - Overview
Exhibit 150: CoorsTek Inc. - Product / Service
Exhibit 151: CoorsTek Inc. - Key news
Exhibit 152: CoorsTek Inc. - Key offerings
12.10 Corbion nv
Exhibit 153: Corbion nv - Overview
Exhibit 154: Corbion nv - Business segments
Exhibit 155: Corbion nv - Key news
Exhibit 156: Corbion nv - Key offerings
Exhibit 157: Corbion nv - Segment focus
12.11 Covestro AG
Exhibit 158: Covestro AG - Overview
Exhibit 159: Covestro AG - Business segments
Exhibit 160: Covestro AG - Key news
Exhibit 161: Covestro AG - Key offerings
Exhibit 162: Covestro AG - Segment focus
12.12 Evonik Industries AG
Exhibit 163: Evonik Industries AG - Overview
Exhibit 164: Evonik Industries AG - Business segments
Exhibit 165: Evonik Industries AG - Key news
Exhibit 166: Evonik Industries AG - Key offerings
Exhibit 167: Evonik Industries AG - Segment focus
12.13 Gelita AG
Exhibit 168: Gelita AG - Overview
Exhibit 169: Gelita AG - Product / Service
Exhibit 170: Gelita AG - Key offerings
12.14 Koninklijke DSM NV
Exhibit 171: Koninklijke DSM NV - Overview
Exhibit 172: Koninklijke DSM NV - Business segments
Exhibit 173: Koninklijke DSM NV - Key news
Exhibit 174: Koninklijke DSM NV - Key offerings
Exhibit 175: Koninklijke DSM NV - Segment focus
Exhibit 176: Mitsubishi Chemical Corp. - Overview
Exhibit 177: Mitsubishi Chemical Corp. - Business segments
Exhibit 178: Mitsubishi Chemical Corp. - Key news
Exhibit 179: Mitsubishi Chemical Corp. - Key offerings
Exhibit 180: Mitsubishi Chemical Corp. - Segment focus
12.16 Victrex Plc
Exhibit 181: Victrex Plc - Overview
Exhibit 182: Victrex Plc - Business segments
Exhibit 183: Victrex Plc - Key offerings
Exhibit 184: Victrex Plc - Segment focus
12.17 Zeus Co. Inc.
Exhibit 185: Zeus Co. Inc. - Overview
Exhibit 186: Zeus Co. Inc. - Product / Service
Exhibit 187: Zeus Co. Inc. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 188: Inclusions checklist
Exhibit 189: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 190: Currency conversion rates for US$
13.4 Research methodology
Exhibit 191: Research methodology
Exhibit 192: Validation techniques employed for market sizing
Exhibit 193: Information sources
13.5 List of abbreviations
Exhibit 194: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Email: [email protected]
Website: www.technavio.com
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