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Global Biomaterials market to reach USD 53.8 billion by 2027.

Global Biomaterials market Size study, by Type (Metallic Biomaterials, Polymeric Biomaterials, Ceramics, Natural Biomaterials), by Application (Cardiovascular, Orthopedic, Ophthalmology, Dental, Plastic Surgery, Wound Healing, Others), and Regional Forecasts 2020-2027

Product Code: HALB_81978919
Publish Date: 19-09-2020
Page: 200

Global Biomaterials market is valued at approximately USD 33.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.1 % over the forecast period 2020-2027. Biomaterials are synthetic or natural materials which are chemically derived and used in medical technology to enhance the functionality of damaged tissues and organs. These biomaterials are used to communicate with biological processes to treat cardiovascular, dental, orthopedic, and neurological diseases for medical purposes. In addition, in various advanced medical technology, such as tissue engineering, plastic surgery, drug delivery systems, and other medical implants, biomaterial science is applied. Over the last few years, the need for and use of biomaterials in various medical applications has increased dramatically throughout the world. In the form of loans, funds and grants, many government bodies and universities have extended their assistance to support research on the production of novel biomaterials. For example, in March 2018, Drexel University awarded USD 200,000 to the National Science Foundation for research on how biomaterial-mediated regulation of macrophage activity affects vascularization of biomaterials. These research and funding initiatives are expected to boost the production of innovative biomaterials, providing a range of opportunities for the market for biomaterials to expand. However, high cost of biomaterial production, incidence of inflammatory responses due to compatibility issues, may impede the market growth over the forecast period of 2020-2027.

The regional analysis of the global Biomaterials market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share, owing to rise in biomaterial-based research, increasing demand for plastic surgeries. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to the rising prevalence of cardiac disorders and growing pacemaker procedures in India and china.
Major market player included in this report are:

Celanese Corporation
Carpenter Technology
Olympus Terumo Biomaterials Corporation
Evonik Industries Texas Instruments
Xylos Corporation
Mitsubishi Chemical Holdings Corporation
AB Specialty Silicones
Berkeley Advanced Biomaterials
Zeus Industrial Products, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Metallic Biomaterials
Polymeric Biomaterials
Natural Biomaterials
By Application:
Plastic Surgery
Wound Healing
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.

Target Audience of the Global Biomaterials market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. biomaterials market, by Region, 2018-2027 (USD Billion)
1.2.2. biomaterials market, by Type, 2018-2027 (USD Billion)
1.2.3. biomaterials market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global biomaterials market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global biomaterials market Dynamics
3.1. biomaterials market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global biomaterials market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global biomaterials market, by Type
5.1. Market Snapshot
5.2. Global biomaterials market by Type , Performance – Potential Analysis
5.3. Global biomaterials market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. biomaterials market, Sub Segment Analysis
5.4.1. Metallic Biomaterials
5.4.2. Polymeric Biomaterials
5.4.3. Ceramics
5.4.4. Natural Biomaterials
Chapter 6. Global biomaterials market, by Application
6.1. Market Snapshot
6.2. Global biomaterials market by Application, Performance – Potential Analysis
6.3. Global biomaterials market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. biomaterials market, Sub Segment Analysis
6.4.1. Cardiovascular
6.4.2. Orthopedic
6.4.3. Ophthalmology
6.4.4. Dental
6.4.5. Plastic Surgery
6.4.6. Wound Healing
6.4.7. Others
Chapter 7. Global biomaterials market, Regional Analysis
7.1. biomaterials market, Regional Market Snapshot
7.2. North America biomaterials market
7.2.1. U.S. biomaterials market Type breakdown estimates & forecasts, 2017-2027 application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada biomaterials market
7.3. Europe biomaterials market Snapshot
7.3.1. U.K. biomaterials market
7.3.2. Germany biomaterials market
7.3.3. France biomaterials market
7.3.4. Spain biomaterials market
7.3.5. Italy biomaterials market
7.3.6. Rest of Europe biomaterials market
7.4. Asia-Pacific biomaterials market Snapshot
7.4.1. China biomaterials market
7.4.2. India biomaterials market
7.4.3. Japan biomaterials market
7.4.4. Australia biomaterials market
7.4.5. South Korea biomaterials market
7.4.6. Rest of Asia Pacific biomaterials market
7.5. Latin America biomaterials market Snapshot
7.5.1. Brazil biomaterials market
7.5.2. Mexico biomaterials market
7.6. Rest of The World biomaterials market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. BASF SE Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Celanese Corporation
8.2.3. Carpenter Technology
8.2.4. Olympus Terumo Biomaterials Corporation
8.2.5. Evonik Industries Texas Instruments
8.2.6. Xylos Corporation
8.2.7. Mitsubishi Chemical Holdings Corporation
8.2.8. AB Specialty Silicones
8.2.9. Berkeley Advanced Biomaterials
8.2.10. Zeus Industrial Products, Inc.

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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