Bioactive Materials Market Analysis, By Type (Powder, Moldable, Granules), By Material (Glass, Glass-Ceramic, Composite), By Application (Dentistry, Surgery, Bioengineering and Others), and By Geography (EU, NA, APAC, LATAM, and MEA) – Analysis, Size, Share, Trends, & Forecast from 2021-2027
REPORT HIGHLIGHT
The global Bioactive Materials market was valued at USD 2.16 billion by 2019, growing with 16.8% CAGR during the forecast period, 2021-2027.
Bioactive Materials are defined as the products that have been engineered to interfere with biological systems for therapeutic purposes-either a medicinal one (improvement, treatment, replacement, or repair of body tissue function), or a diagnostic one. These products are known for countering different body tissues for adherence and are actively employed to repair and remodel tissues.
Bioactive materials hold a substantial capacity of responding with fluids and tissues without producing any antagonistic impact on them. They can effortlessly adhere to tissues or cells with the support of attachments, for example, tissue replacement, bioactive fixation, biological fixation, and mechanical interlocks. The materials are usually made up of glass ceramics, ceramics, glass, composites, and other bioactive materials. Exclusive characteristic properties of these to respond with human body cells-tissue and body fluid without any consequences; thus, demand is driven in the medical sector, particularly in dentistry and medical applications.
Market Dynamics
The influential factors intensifying the bioactive materials market's growth are more significant properties of the materials, increasing replacement of the conventionally used implants, and augmented grants and funds by universities and government bodies to progress bioactive materials market growth. Over the last few years, biomaterials' demand in diverse medicinal applications is growing noticeably across the world. For biomaterials research, USD 15.6 billion is funded by the Two European Commission program for 2013– 2017.
To support the Next Generation Bioactive materials Discovery program, the EPSRC granted USD 6.04 million to the University of Nottingham in 2015. For studying two new biomaterials that would aid in repairing various complicated fractures in long bones, the Department of Défense (DoD) granted 6 million dollars to the Houston Methodist Research Institute in the US in 2015. For research on how biomaterial-mediated control over macrophage behavior affects vascularization, Drexel University granted USD 200,000 to the National Science Foundation in 2018.
Product Takeaway
The global business is classified into powder, moldable, granules, and others based on product. The powder segment accounted for the lion’s share in the market in terms of both volume and value in 2019 and is projected to grow at a notable CAGR during the analysis period due to its effective application as a multifaceted filler structure of human organs. Powder fillers can be employed to seal minuscule voids and gaps that cannot be filled by injectable or moldable material, leading to a greater consumption volume. Nevertheless, the higher cost of operations and some individuals are not resistant to these products are predicted to hamper the market in the near future.
Material Takeaway
The worldwide industry is categorized into glass, glass-ceramic, composites, and others in terms of application. The Glass-ceramic segment is likely to dominate the market growth shortly. The glass-ceramic has superior properties, including stimulation of bone growth and its growth at implant surfaces. The material's striking properties in terms of both morphology and chemical composition are anticipated to foster the demand for glass-ceramic in the market.
The glass-ceramics have little fracture toughness and are brittle, which confines their application and use in the bone regeneration process. These factors are predicted to impede the growth of glass ceramics over the projected period.
Application Takeaway
The global business is classified into dentistry, surgery, bioengineering, and others based on application. The Surgery segment accounted for a remarkable share in the bioactive materials market in terms of both volume and value in 2019 and is expected to grow at a striking growth rate by 2027. An increase in invasive procedures worldwide, owing to rising chronic disorders, is likely to foster market growth. Greater adoption of bioproducts for various surgical procedures combined with higher post-surgery performance is anticipated to impel bioactive materials market growth over the prediction period.
Increase the use of products for coating implants to help mitogenesis and osteogenesis of homogeneous cells is predictable to spur the bioactive materials market growth. The demand for these materials is projected to increase due to rising adoption by consumers, including private surgeons and hospitals.
Regional Takeaway
Regionally, the overall industry is divided into Europe, North America, Middle East & Africa, Asia Pacific, and Latin America. North America is expected to dominate the global bioactive materials market owing to the highly developed healthcare sector in the United States, combined with the constant investments done in the US to develop the medical technology sector through the years.
On the flip side, Asia Pacific accounts for the fastest-growing segment for the bioactive materials market owing to the rising medical and health care sectors in Japan, Korea, China, and India. The demand for the product in the region is expected to be driven by the rapid population growth, increasing per capita income, high incidences of lifestyle-related disorders, and ambitious healthcare infrastructure developments. The demand for superior technology medical devices is expected to register high growth leading to a rise in the demand for advanced products.
COVID-19 Impact
The emergence of the COVID-19 pandemic brought the world together to a standstill. The vast health crisis due to the virus also brought an unusual impact on numerous businesses across every vertical. However, the market has seen constant growth. Nonetheless, the cessation of production sites and the impact on global trade have also affected the other side.
Key Vendor Takeaway
The leading players include Medtronic Inc., Stryker Corporation, Lasak s.r.o, C.I. TAKIRON Corporation, DePuy Synthes, Arthrex Inc., Bioactive Bone Substitutes Oy., Biomatlante, Pulpdent Corporation, and Zimmer among others.
The principal players are actively adopting several strategies such as geographical expansion, acquisition, product development of new and efficient technologies, etc. to maintain their position in the market. For instance, in November 2019, Mitsubishi Chemical, a Japanese company, signed a contract agreement with AdvanSource Biomaterials, a U.S.-based company acquiring the company’s thermoplastic polyurethane elastomer business.
The industry shows copious growth opportunities. Consequently, several startups providing advanced products and technologies have been entering the global market. Few of them are Algiknit, Pertinax Pharma, Ectica Technologies, inSoma Bio Inc, Zymeron Corporation, Convalesce Inc., and Sigilon Therapeutics among others.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2016 to 2019
- Base Year – 2020
- Projected Year – 2021 to 2027
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL BIOACTIVE MATERIALS MARKET KEY PLAYERS
- Zimmer Holding’s
- Medtronic Inc.
- Stryker Corporation
- DePuy Synthes
- I. TAKIRON Corporation
- Biomatlante
- Arthrex Inc.
- Pulpdent Corporation
- Bioactive Bone Substitutes Oy.
- Lasak s.r.o.
GLOBAL BIOACTIVE MATERIALS MARKET, BY PRODUCT TYPES
- Powder
- Moldable
- Granules
- Others
GLOBAL BIOACTIVE MATERIALS MARKET, BY MATERIALS
- Glass
- Glass-Ceramic
- Composites
- Others
GLOBAL BIOACTIVE MATERIALS MARKET, BY APPLICATION
- Dentistry
- Surgery
- Bioengineering
- Others
GLOBAL BIOACTIVE MATERIALS MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. BIOACTIVE MATERIALS MARKET OVERVIEW
1.1. Study Scope
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Material
2.1.3. Market Snippet by Application
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. BIOACTIVE MATERIALS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. BIOACTIVE MATERIALS INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. BIOACTIVE MATERIALS MARKET: COVID-19 IMPACT ANALYSIS
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. BIOACTIVE MATERIALS MARKET LANDSCAPE
6.1. Market Share Analysis, 2019
6.2. Key Innovators Analysis
6.3. Breakdown Data, by Key Manufacturer
6.3.1. Established Players’ Analysis
6.3.2. Emerging Players’ Analysis
7. BIOACTIVE MATERIALS MARKET – BY PRODUCT
7.1. Overview
7.1.1. Segment Share Analysis, By Product, 2020 & 2027 (%)
7.2. Powder
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
7.3. Moldable
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
7.4. Granules
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
7.5. Others
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
8. BIOACTIVE MATERIALS MARKET – BY MATERIAL
8.1. Overview
8.1.1. Segment Share Analysis, By Material, 2020 & 2027 (%)
8.2. Glass
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
8.3. Glass-Ceramic
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
8.4. Composites
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
8.5. Others
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
9. BIOACTIVE MATERIALS MARKET – BY APPLICATION
9.1. Overview
9.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
9.2. Dentistry
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
9.3. Surgery
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
9.4. Bioengineering
9.4.1. Overview
9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
9.5. Others
9.5.1. Overview
9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10. BIOACTIVE MATERIALS MARKET– BY GEOGRAPHY
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
10.2. North America
10.2.1. Overview
10.2.2. Key Manufacturers in North America
10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
10.2.4. North America Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.2.5. North America Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.2.6. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.2.7. U.S.
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.2.7.3. U.S. Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.2.7.4. U.S. Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.2.7.5. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.2.8. Canada
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.2.8.3. Canada Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.2.8.4. Canada Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.2.8.5. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.3. Europe
10.3.1. Overview
10.3.2. Key Manufacturers in North America
10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
10.3.4. Europe Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.3.5. Europe Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.3.6. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.3.7. Germany
10.3.7.1. Overview
10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.3.7.3. Germany Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.3.7.4. Germany Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.3.7.5. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.3.8. Italy
10.3.8.1. Overview
10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.3.8.3. Italy Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.3.8.4. Italy Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.3.8.5. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.3.9. United Kingdom
10.3.9.1. Overview
10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.3.9.3. United Kingdom Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.3.9.4. United Kingdom Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.3.9.5. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.3.10. France
10.3.10.1. Overview
10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.3.10.3. France Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.3.10.4. France Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.3.10.5. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.3.11. Rest of Europe
10.3.11.1. Overview
10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.3.11.3. Rest of the Europe Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.3.11.4. Rest of the Europe Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.3.11.5. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.4. Asia Pacific (APAC)
10.4.1. Overview
10.4.2. Key Manufacturers in Asia Pacific
10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
10.4.4. Asia Pacific Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.4.5. Asia Pacific Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.4.6. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.4.7. India
10.4.7.1. Overview
10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.4.7.3. India Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.4.7.4. India Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.4.7.5. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.4.8. China
10.4.8.1. Overview
10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.4.8.3. China Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.4.8.4. China Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.4.8.5. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.4.9. Japan
10.4.9.1. Overview
10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.4.9.3. Japan Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.4.9.4. Japan Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.4.9.5. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.4.10. South Korea
10.4.10.1. Overview
10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.4.10.3. South Korea Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.4.10.4. South Korea Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.4.10.5. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.4.11. Rest of APAC
10.4.11.1. Overview
10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.4.11.3. Rest of APAC Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.4.11.4. Rest of APAC Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.4.11.5. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.5. Latin America
10.5.1. Overview
10.5.2. Key Manufacturers in Latin America
10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
10.5.4. Latin America Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.5.5. Latin America Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.5.6. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.5.7. Brazil
10.5.7.1. Overview
10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.5.7.3. Brazil Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.5.7.4. Brazil Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.5.7.5. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.5.8. Mexico
10.5.8.1. Overview
10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.5.8.3. Mexico Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.5.8.4. Mexico Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.5.8.5. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.5.9. Argentina
10.5.9.1. Overview
10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.5.9.3. Argentina Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.5.9.4. Argentina Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.5.9.5. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
1.1.1. Rest of LATAM
10.5.9.6. Overview
10.5.9.7. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.5.9.8. Rest of LATAM Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.5.9.9. Rest of LATAM Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.5.9.10. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.6. Middle East and Africa
10.6.1. Overview
10.6.2. Key Manufacturers in Middle East and Africa
10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
10.6.4. Middle East and Africa Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.6.5. Middle East and Africa Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.6.6. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.6.7. Saudi Arabia
10.6.7.1. Overview
10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.6.7.3. Saudi Arabia Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.6.7.4. Saudi Arabia Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.6.7.5. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10.6.8. United Arab Emirates
10.6.8.1. Overview
10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
10.6.8.3. United Arab Emirates Market Size and Forecast, By Product, 2016 - 2027 (US$ Million)
10.6.8.4. United Arab Emirates Market Size and Forecast, By Material, 2016 - 2027 (US$ Million)
10.6.8.5. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
11. KEY VENDOR ANALYSIS
11.1. Competitive Dashboard
11.2. Company Profiles
11.2.1. Zimmer Holdings Inc.
11.2.1.1. Company Snapshot
11.2.1.2. Financial Performance
11.2.1.3. Product Benchmarking
11.2.1.4. Strategic Initiatives
11.2.2. Medtronic Inc.
11.2.3. Stryker Corporation
11.2.4. DePuy Synthes
11.2.5. C.I. TAKIRON Corporation
11.2.6. Biomatlante
11.2.7. Arthrex Inc.
11.2.8. Pulpdent Corporation
11.2.9. Bioactive Bone Substitutes Oy.
11.2.10. Lasak s.r.o.
12. 360 DEGREE ANALYSTVIEW
13. APPENDIX
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us
