Biomaterials Market, By Product (Natural, Metallic, Polymer, and Ceramics) By Application (Cardiovascular, Orthopedic, Dental, Plastic Surgery, Wound Healing, Neurological disorders, Tissue Engineering and Ophthalmology), and By Geography (NA, EU, APAC, LATAM, and MEA) Analysis, Share, Trends, Size, & Forecast From 2020 2026
REPORT HIGHLIGHT
Biomaterials Market was valued at USD 105.8 billion by 2019, growing with 16.2% CAGR during the forecast period, 2020-2026
Market Dynamics
Biomaterials are products that are either synthetic or natural and are aimed to replicate or be introduced into living tissue, it could be in the form of implants, devices or structures. Biomaterials are used to improve or regenerate a body part or structure that may be used to enhance the function of the body part. These work effectively by accentuating the quality of life for patients who would have otherwise suffered the brunt of a disease/ailment. Biomaterials could be of various types that range from metals, ceramics, glass or other biomaterials that have been derived from animals. Orthopedics is a branch of medical care that utilizes biomaterials more than other medical specialties as stated in the Biomaterials Research, 2020, on ‘Biomaterials in Orthopaedics’.
The key drivers for the industry that will boost it forward are the rising demand for biomaterials in sections like tissue engineering. Based on the study published in September 2018, stated that various types of biomaterials such as polymers, ceramics, and metals to create scaffold structure using biomaterials by promoting adhesion and proliferation and migration. A foreseeable restraint that could impact the growth of this industry is the stringent clinical trial regulations and the strict regulatory processes.
Application Takeaway
Based on the application, the product has been categorized into cardiovascular, orthopedic, dental, plastic surgery, wound healing, neurological disorders, tissue engineering, and ophthalmology. Based on the above, so far the orthopedic implants market dominates the market. Growing research and development continues to be highly invested in owing to the growing geriatric population worldwide. This was reaffirmed by a study published in the Population Reference Bureau, July 2019, stated that numbers of Americans over 65yrs is expected to double from 52 million to 95 million between 2018 to 2060.
Based on research published in ACS Publications, November 2019, Degradable Polycarbonate Urethanes is expected to be a promising biomaterial for Electrospun Vascular Prostheses. The growing need for customizing the biomaterials that consist of composite materials all of which are used to create the scaffold for the required structure used in tissue engineering, joint disorders, etc.
Cosmetic procedures are also expected to witness progressive growth over the forecasted period. Another study published in the Nation Centre of Biotechnology website, October 2018, stated that any injectable biomaterial must possess nontoxicity, adequate mechanical properties, stability, must allow permeability for the exchange of nutrients, etc. Biomaterials that fulfill these requirements are deemed to have high demand over the forecasted period.
Regional Takeaway
North America accounts for the major chunk of the biomaterial’s usage. This can be attributed to a rise in research and development in this region and the growing demand for biomaterials in this specific region. An article published in the ACS Publications, September 2019, discussed ‘Smart Biomaterials’. The study aimed at understanding the applications of smart biomaterials in various facets like drug delivery systems, medical devices, and immune engineering.
The awareness and presence of qualified professionals equipped with the technology to carry out research are accessible in the North American region. Companies in the region are also actively working towards strengthening the biomaterials market in the region. Mitsubishi Chemical Corporation acquired the TPU business front of U.S firm AdvanSource and was expected to complete the entire acquisition process by January 2020, as stated in the Mitsubishi Chemical Website, November 2019.
Other regions such as the Asia Pacific are also witnessing consistent growth and are expected to continue this over the forecasted period. For instance, India is witnessing a boom in biomedical technologies in the past few decades due to growing solutions and opportunities in the sector. This positive growth thereby asserts significant trajectory in the biomaterials segment as well, as stated in ACS Biomaterials Science and Engineering Website, May 2018.
Key Vendor Takeaway
The key market players are Medtronic plc; Collagen Matrix, Inc.; Evonik Industries AG; Berkeley Advanced Biomaterials; Carpenter Technology Corporation; Zimmer Biomet Holdings, Inc.; Invibio Ltd.; BASF SE; Covalon Technologies Ltd.; CoorsTek Inc.; Stryker; Johnson & Johnson; Dentsply Sirona and Corbion.
Carpenter technology a leading biomaterial company has been investing in Biomaterials R&D activities through the years. They have appointed a new president in, August 2019, which will shape the future of the company. Another news published in the European Biotechnology website, March 2020, stated that Evonik Industries has now worked out a new animal-free process for collagen production.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2015 to 2018
- Base Year – 2019
- Estimated Year – 2020
- Projected Year – 2026
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:
BIOMATERIALS MARKET PLAYERS
- Berkeley Advanced Biomaterials
- Carpenter Technology Corporation
- CoorsTek Inc.
- Stryker
- Johnson & Johnson
- Dentsply Sirona
- Zimmer Biomet Holdings, Inc.
- Invibio Ltd.
- BASF SE
- Covalon Technologies Ltd.
- Corbion
- Medtronic plc
- Collagen Matrix, Inc.
- Evonik Industries AG
BIOMATERIALS MARKET, BY PRODUCT
- Natural
- Metallic
- Polymer
BIOMATERIALS MARKET, BY APPLICATION
- Cardiovascular
- Orthopedic
- Dental, Plastic Surgery
- Wound Healing
- Neurological disorders
- Tissue Engineering
- Ophthalmology
BIOMATERIALS 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
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. BIOMATERIALS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. BIOMATERIALS 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. BIOMATERIALS 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. BIOMATERIALS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. BIOMATERIALS MARKET – BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2019 & 2026 (%)
6.2. Natural
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
6.3. Metallic
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
6.4. Ceramics
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
6.5. Polymer
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7. BIOMATERIALS MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2019 & 2026 (%)
7.2. Cardiovascular
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.3. Orthopaedic
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.4. Dental
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.5. Plastic Surgery
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.6. Wound Healing
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.7. Neurological disorders
7.7.1. Overview
7.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.8. Tissue Engineering
7.8.1. Overview
7.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.9. Ophthalmology
7.9.1. Overview
7.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8. BIOMATERIALS MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2019 & 2026 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.2.4. North America Market Size and Forecast, By Product, 2015 – 2026 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Product, 2015 – 2026 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.3.6. Germany
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3.7. Italy
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3.8. United Kingdom
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3.9. France
8.3.9.1. Overview
8.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3.10. Rest of Europe
8.3.10.1. Overview
8.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Product, 2015 – 2026 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.4.6. India
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4.7. China
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4.8. Japan
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4.9. South Korea
8.4.9.1. Overview
8.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4.10. Rest of APAC
8.4.10.1. Overview
8.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.5. Latin America
8.5.1. Overview
8.5.2. Key Manufacturers in Latin America
8.5.3. Latin America Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.5.4. Latin America Market Size and Forecast, By Product, 2015 – 2026 (US$ Million)
8.5.5. Latin America Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.5.6. Brazil
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.5.7. Mexico
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.5.8. Argentina
8.5.8.1. Overview
8.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.5.9. Rest of LATAM
8.5.9.1. Overview
8.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.6. Middle East and Africa
8.6.1. Overview
8.6.2. Key Manufacturers in Middle East and Africa
8.6.3. Middle East and Africa Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.6.4. Middle East and Africa Market Size and Forecast, By Product, 2015 – 2026 (US$ Million)
8.6.5. Middle East and Africa Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.6.6. Saudi Arabia
8.6.6.1. Overview
8.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.6.7. United Arab Emirates
8.6.7.1. Overview
8.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Medtronic plc
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Collagen Matrix, Inc.
9.3. Evonik Industries AG
9.4. Berkeley Advanced Biomaterials
9.5. Carpenter Technology Corporation
9.6. Zimmer Biomet Holdings, Inc.
9.7. Invibio Ltd.
9.8. BASF SE
9.9. Covalon Technologies Ltd.
9.10. CoorsTek, Inc.
9.11. Stryker Corporation
9.12. Johnson & Johnson
9.13. Dentsply Sirona
9.14. Corbion N.V.
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Biomaterials market: Product Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE Global Biomaterials market, by Product 2015-2026 (USD Million)
TABLE Biomaterials market: Application Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Biomaterials market, by Application 2015-2026 (USD Million)
TABLE Biomaterials market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Biomaterials market, by Region 2015-2026 (USD Million)
TABLE North America Biomaterials market, by Country, 2015-2026 (USD Million)
TABLE North America Biomaterials market, by Product, 2015-2026 (USD Million)
TABLE North America Biomaterials market, by Application, 2015-2026 (USD Million)
TABLE Europe Biomaterials market, by country, 2015-2026 (USD Million)
TABLE Europe Biomaterials market, by Product, 2015-2026 (USD Million)
TABLE Europe Biomaterials market, by Application, 2015-2026 (USD Million)
TABLE Asia Pacific Biomaterials market, by country, 2015-2026 (USD Million)
TABLE Asia Pacific Biomaterials market, by Product, 2015-2026 (USD Million)
TABLE Asia Pacific Biomaterials market, by Application, 2015-2026 (USD Million)
TABLE Latin America Biomaterials market, by country, 2015-2026 (USD Million)
TABLE Latin America Biomaterials market, by Product, 2015-2026 (USD Million)
TABLE Latin America Biomaterials market, by Application, 2015-2026 (USD Million)
TABLE Middle East and Africa Biomaterials market, by country, 2015-2026 (USD Million)
TABLE Middle East and Africa Biomaterials market, by Product, 2015-2026 (USD Million)
TABLE Middle East and Africa Biomaterials market, by Application, 2015-2026 (USD Million)
List of Figures
FIGURE Biomaterials market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2019 & 2026
FIGURE Product segment market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Natural market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Metallic arket size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Ceramics market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Polymer market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Application segment market share analysis, 2019 & 2026
FIGURE Application segment market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Cardiovascular market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Orthopedic market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Dental market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Plastic Surgery market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Wound Healing market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Neurological disorders market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Tissue Engineering market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Ophthalmology market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Regional segment market share analysis, 2019 & 2026
FIGURE Regional segment market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE North America Biomaterials market share and leading players, 2018
FIGURE Europe Biomaterials market share and leading players, 2018
FIGURE Asia Pacific Biomaterials market share and leading players, 2018
FIGURE Latin America Biomaterials market share and leading players, 2018
FIGURE Middle East and Africa Biomaterials market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Canada Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Europe Biomaterials market share analysis by country, 2018
FIGURE Germany Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Spain Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Italy Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE UK Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE France Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Rest of the Europe Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Asia Pacific Biomaterials market share analysis by country, 2018
FIGURE India Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE China Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Japan Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE South Korea Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Singapore Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Rest of APAC Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Latin America Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Latin America Biomaterials market share analysis by country, 2018
FIGURE Brazil Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Mexico Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Argentina Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Rest of LATAM Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Middle East and Africa Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Middle East and Africa Biomaterials market share analysis by country, 2018
FIGURE Saudi Arabia Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE United Arab Emirates Biomaterials market size, forecast and trend analysis, 2015 to 2026 (USD Million)
