Biomaterials Market size to grow by USD 12,907.35 million from 2022 to 2027, The rising demand for medical implants to drive the market growth – Technavio

NEW YORK, Oct. 30, 2023 /PRNewswire/ — The biomaterials market size is set to grow by USD 12,907.35 million from 2022 to 2027, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. 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.  It is used for the treatment of various medical conditions such as cardiovascular disease, neurological disorders, and orthopedic injuries. 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. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download Sample Report in minutes!

The biomaterials market covers the following areas:

Biomaterials Market SizingBiomaterials Market ForecastBiomaterials Market Analysis

The report on the biomaterials market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Biomaterials Market 2023-2027 – Market Dynamics

Major Driver

The rising demand for medical implants is a significant driving factor for the market growth. Biomaterials are used in various medical devices, including implants, to replace or repair damaged tissues and some of the common types of medical implants include hip and knee replacements, dental implants, and cardiovascular implants. The demand for medical implants is rising due to the growing prevalence of chronic diseases and the rising geriatric population. Hence, such factors drive market growth during the forecast period. 

Major Challenges

The stringent clinical and regulatory processes are major challenges that may impede 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.

Biomaterials Market 2023-2027: Market Segmentation

This biomaterials market report extensively covers market segmentation by type (metallic, ceramic, polymers, and natural), application (orthopedic, cardiovascular, dental, neurology, and plastic surgery and others), and geography (North America, Europe, Asia, and Rest of World (ROW). 

The market share growth by 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.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

Companies Mentioned

Algenesis Corp.BASF SECarpenter Technology Corp.Celanese Corp.CeramTec GmbHCoorsTek Inc.Corbion nvCovestro AGDimension Inx.Evonik Industries AGKoninklijke DSM NVMitsubishi Chemical Corp.Riton Biomaterial Co. Ltd.Artoss Inc.Berkeley Advanced BiomaterialsCAM Bioceramics BVGelita AGNoble Biomaterials Inc.Victrex PlcZeus Co. Inc.

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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.

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Key Topics Covered:

1 Executive Summary

1.1 Market overview Exhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by TypeExhibit 06: Executive Summary – Chart on Market Segmentation by ApplicationExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem Exhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 2022 3.4 Market outlook: Forecast for 2022-2027Exhibit 14: Chart on Global – Market size and forecast 2022-2027 (USD million)Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 (USD 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 – 2021Exhibit 18: Historic Market Size – Data Table on global biomaterials market 2017 – 2021 (USD million)4.2 Type Segment Analysis 2017 – 2021 Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 (USD million)4.3 Applicaton Segment Analysis 2017 – 2021Exhibit 20: Historic Market Size – Applicaton Segment 2017 – 2021 (USD million)4.4 Geography Segment Analysis 2017 – 2021Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 (USD million)4.5 Country Segment Analysis 2017 – 2021Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 (USD million)

5 Five Forces Analysis

5.1 Five forces summary Exhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 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 TypeExhibit 33: Data Table on Comparison by Type6.3 Metallic – Market size and forecast 2022-2027Exhibit 34: Chart on Metallic – Market size and forecast 2022-2027 (USD million)Exhibit 35: Data Table on Metallic – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 38: Chart on Ceramic – Market size and forecast 2022-2027 (USD million)Exhibit 39: Data Table on Ceramic – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 42: Chart on Polymers – Market size and forecast 2022-2027 (USD million)Exhibit 43: Data Table on Polymers – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 46: Chart on Natural – Market size and forecast 2022-2027 (USD million)Exhibit 47: Data Table on Natural – Market size and forecast 2022-2027 (USD 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 (USD million)Exhibit 51: Data Table on Market opportunity by Type (USD 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 ApplicationExhibit 55: Data Table on Comparison by Application7.3 Orthopedic – Market size and forecast 2022-2027Exhibit 56: Chart on Orthopedic – Market size and forecast 2022-2027 (USD million)Exhibit 57: Data Table on Orthopedic – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 60: Chart on Cardiovascular – Market size and forecast 2022-2027 (USD million)Exhibit 61: Data Table on Cardiovascular – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 64: Chart on Dental – Market size and forecast 2022-2027 (USD million)Exhibit 65: Data Table on Dental – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 68: Chart on Neurology – Market size and forecast 2022-2027 (USD million)Exhibit 69: Data Table on Neurology – Market size and forecast 2022-2027 (USD 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 (USD million)Exhibit 73: Data Table on Plastic surgery and others – Market size and forecast 2022-2027 (USD 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 (USD million)Exhibit 77: Data Table on Market opportunity by Application (USD 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 comparisonExhibit 82: Data Table on Geographic comparison9.3 North America – Market size and forecast 2022-2027Exhibit 83: Chart on North America – Market size and forecast 2022-2027 (USD million)Exhibit 84: Data Table on North America – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 87: Chart on Europe – Market size and forecast 2022-2027 (USD million)Exhibit 88: Data Table on Europe – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 91: Chart on Asia – Market size and forecast 2022-2027 (USD million)Exhibit 92: Data Table on Asia – Market size and forecast 2022-2027 (USD 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 (USD million)Exhibit 96: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 99: Chart on US – Market size and forecast 2022-2027 (USD million)Exhibit 100: Data Table on US – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 103: Chart on Germany – Market size and forecast 2022-2027 (USD million)Exhibit 104: Data Table on Germany – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 107: Chart on UK – Market size and forecast 2022-2027 (USD million)Exhibit 108: Data Table on UK – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 111: Chart on China – Market size and forecast 2022-2027 (USD million)Exhibit 112: Data Table on China – Market size and forecast 2022-2027 (USD 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 2022-2027Exhibit 115: Chart on Japan – Market size and forecast 2022-2027 (USD million)Exhibit 116: Data Table on Japan – Market size and forecast 2022-2027 (USD 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 (USD million)Exhibit 120: Data Tables on Market opportunity by geography (USD 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 202710.4 Market trends 

11 Vendor Landscape

11.1 Overview 11.2 Vendor landscape Exhibit 122: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruption Exhibit 123: Overview on factors of disruption11.4 Industry risks Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered Exhibit 125: Vendors covered12.2 Market positioning of vendors Exhibit 126: Matrix on vendor position and classification12.3 BASF SE Exhibit 127: BASF SE – OverviewExhibit 128: BASF SE – Business segmentsExhibit 129: BASF SE – Key newsExhibit 130: BASF SE – Key offeringsExhibit 131: BASF SE – Segment focus12.4 Berkeley Advanced Biomaterials Exhibit 132: Berkeley Advanced Biomaterials – OverviewExhibit 133: Berkeley Advanced Biomaterials – Product / ServiceExhibit 134: Berkeley Advanced Biomaterials – Key offerings12.5 CAM Bioceramics BV Exhibit 135: CAM Bioceramics BV – OverviewExhibit 136: CAM Bioceramics BV – Key offerings12.6 Carpenter Technology Corp. Exhibit 137: Carpenter Technology Corp. – OverviewExhibit 138: Carpenter Technology Corp. – Business segmentsExhibit 139: Carpenter Technology Corp. – Key offeringsExhibit 140: Carpenter Technology Corp. – Segment focus12.7 Celanese Corp. Exhibit 141: Celanese Corp. – OverviewExhibit 142: Celanese Corp. – Business segmentsExhibit 143: Celanese Corp. – Key offeringsExhibit 144: Celanese Corp. – Segment focus12.8 CeramTec GmbH Exhibit 145: CeramTec GmbH – OverviewExhibit 146: CeramTec GmbH – Business segmentsExhibit 147: CeramTec GmbH – Key offeringsExhibit 148: CeramTec GmbH – Segment focus12.9 CoorsTek Inc. Exhibit 149: CoorsTek Inc. – OverviewExhibit 150: CoorsTek Inc. – Product / ServiceExhibit 151: CoorsTek Inc. – Key newsExhibit 152: CoorsTek Inc. – Key offerings12.10 Corbion nv Exhibit 153: Corbion nv – OverviewExhibit 154: Corbion nv – Business segmentsExhibit 155: Corbion nv – Key newsExhibit 156: Corbion nv – Key offeringsExhibit 157: Corbion nv – Segment focus12.11 Covestro AG Exhibit 158: Covestro AG – OverviewExhibit 159: Covestro AG – Business segmentsExhibit 160: Covestro AG – Key newsExhibit 161: Covestro AG – Key offeringsExhibit 162: Covestro AG – Segment focus12.12 Evonik Industries AG Exhibit 163: Evonik Industries AG – OverviewExhibit 164: Evonik Industries AG – Business segmentsExhibit 165: Evonik Industries AG – Key newsExhibit 166: Evonik Industries AG – Key offeringsExhibit 167: Evonik Industries AG – Segment focus12.13 Gelita AG Exhibit 168: Gelita AG – OverviewExhibit 169: Gelita AG – Product / ServiceExhibit 170: Gelita AG – Key offerings12.14 Koninklijke DSM NV Exhibit 171: Koninklijke DSM NV – OverviewExhibit 172: Koninklijke DSM NV – Business segmentsExhibit 173: Koninklijke DSM NV – Key newsExhibit 174: Koninklijke DSM NV – Key offeringsExhibit 175: Koninklijke DSM NV – Segment focus12.15 Mitsubishi Chemical Corp. Exhibit 176: Mitsubishi Chemical Corp. – OverviewExhibit 177: Mitsubishi Chemical Corp. – Business segmentsExhibit 178: Mitsubishi Chemical Corp. – Key newsExhibit 179: Mitsubishi Chemical Corp. – Key offeringsExhibit 180: Mitsubishi Chemical Corp. – Segment focus12.16 Victrex Plc Exhibit 181: Victrex Plc – OverviewExhibit 182: Victrex Plc – Business segmentsExhibit 183: Victrex Plc – Key offeringsExhibit 184: Victrex Plc – Segment focus12.17 Zeus Co. Inc. Exhibit 185: Zeus Co. Inc. – OverviewExhibit 186: Zeus Co. Inc. – Product / ServiceExhibit 187: Zeus Co. Inc. – Key offerings

13 Appendix

13.1 Scope of the report 13.2 Inclusions and exclusions checklistExhibit 188: Inclusions checklistExhibit 189: Exclusions checklist13.3 Currency conversion rates for USUSDExhibit 190: Currency conversion rates for USUSD13.4 Research methodology Exhibit 191: Research methodologyExhibit 192: Validation techniques employed for market sizingExhibit 193: Information sources13.5 List of abbreviations Exhibit 194: List of abbreviations

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