Biomaterials Market Expanding at a CAGR of 8.3% during 2024-2030

 

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Biomaterials Market size, share, analysis future and forecast 2030 comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Detail Overview of Biomaterials Industry Size (2024-2030):

According to the latest report, the Global Biomaterials Market size is valued at around USD 45.15 billion in 2024 & is expected to grow at a CAGR of around 8.3% from 2024 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.

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Biomaterials Market Coverage:

• Historic Period: 2019-22
• Base year: 2023
• Forecast Years: 2024-2030
• Risk & Swot Analysis
• Growth parameters influence Biomaterials market dynamics

Market Dynamics:

Opportunity-

Growing Interest in Bio-Absorbable Biomaterials Presenting Lucrative Opportunities – The rise of bioresorbable materials offers lucrative market opportunities in the biomaterials industry. Bioresorbable materials, such as tricalcium phosphate and copolymers of polylactic acid and polyglycolic acid, undergo gradual dissolution and tissue substitute within the human frame, mainly in bone applications. Over the past three decades, interest has surged, encompassing materials like calcium oxide, calcium carbonate, and gypsum. This paradigm shift is evidenced by increased investments from major companies like Zeus Company Inc. (EQT AB) and Evonik Industries AG, who are actively pursuing research, development, and commercialization of bioabsorbable materials, exemplified by products like the Absorb range and RESOMER range. This market trend indicates a lucrative opportunity for innovative solutions catering to diverse medical needs.

Market Advancement:

• 2023: Novo Nordisk partnered with Aspect Biosystems, a firm specializing in bioprinting biomaterials, to advance the creation of bioprinted tissue treatments for obesity and diabetes..

Biomaterials Market Segmentation Insights:

The Biomaterials Market analysis explores the industry by emphasizing the growth parameters and categorizes in Key divisions and sub-divisions including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

 By Type

• Metallic Biomaterials- Market Size & Forecast 2019-2030, (USD Million)
  • Stainless Steel- Market Size & Forecast 2019-2030, (USD Million)
  • Titanium & Titanium Alloys- Market Size & Forecast 2019-2030, (USD Million)
  • Cobalt-Chrome Alloys- Market Size & Forecast 2019-2030, (USD Million)
  • Silver- Market Size & Forecast 2019-2030, (USD Million)
  • Gold- Market Size & Forecast 2019-2030, (USD Million)
  • Magnesium- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)
• Polymeric Biomaterials- Market Size & Forecast 2019-2030, (USD Million)
  • Polymethylmethacrylate- Market Size & Forecast 2019-2030, (USD Million)
  • Polyethylene- Market Size & Forecast 2019-2030, (USD Million)
  • Polyester- Market Size & Forecast 2019-2030, (USD Million)
  • Polyvinylchloride- Market Size & Forecast 2019-2030, (USD Million)
  • Silicone Rubber- Market Size & Forecast 2019-2030, (USD Million)
  • Nylon- Market Size & Forecast 2019-2030, (USD Million)
  • Polyetheretherketone- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)
• Ceramic Biomaterials- Market Size & Forecast 2019-2030, (USD Million)
  • Calcium Phosphate- Market Size & Forecast 2019-2030, (USD Million)
  • Zirconia- Market Size & Forecast 2019-2030, (USD Million)
  • Aluminum Oxide- Market Size & Forecast 2019-2030, (USD Million)
  • Calcium Sulfate- Market Size & Forecast 2019-2030, (USD Million)
  • Carbon- Market Size & Forecast 2019-2030, (USD Million)
  • Glass- Market Size & Forecast 2019-2030, (USD Million)
• Natural Biomaterials- Market Size & Forecast 2019-2030, (USD Million)
  • Hyaluronic Acid- Market Size & Forecast 2019-2030, (USD Million)
  • Collagen- Market Size & Forecast 2019-2030, (USD Million)
  • Fibrin- Market Size & Forecast 2019-2030, (USD Million)
  • Cellulose- Market Size & Forecast 2019-2030, (USD Million)
  • Chitin- Market Size & Forecast 2019-2030, (USD Million)
  • Alginates- Market Size & Forecast 2019-2030, (USD Million)
  • Gelatin- Market Size & Forecast 2019-2030, (USD Million)
  • Chitosan- Market Size & Forecast 2019-2030, (USD Million)
  • Silk- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)

 By Application

• Orthopedic- Market Size & Forecast 2019-2030, (USD Million)
  • Joint Replacement- Market Size & Forecast 2019-2030, (USD Million)
  • Bioresorbable Tissue Fixation- Market Size & Forecast 2019-2030, (USD Million)
  • Spine Surgery- Market Size & Forecast 2019-2030, (USD Million)
  • Fracture Fixation- Market Size & Forecast 2019-2030, (USD Million)
  • Ortho-Biologics- Market Size & Forecast 2019-2030, (USD Million)
• Cardiovascular- Market Size & Forecast 2019-2030, (USD Million)
  • Catheters- Market Size & Forecast 2019-2030, (USD Million)
  • Stents- Market Size & Forecast 2019-2030, (USD Million)
  • Implan- Market Size & Forecast 2019-2030, (USD Million)
  • Pacemakers- Market Size & Forecast 2019-2030, (USD Million)
  • Sensors- Market Size & Forecast 2019-2030, (USD Million)
  • Heart Valves- Market Size & Forecast 2019-2030, (USD Million)
  • Vascular Grafts- Market Size & Forecast 2019-2030, (USD Million)
  • Guidewires- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)
• Ophthalmology- Market Size & Forecast 2019-2030, (USD Million)
  • Contact Lenses- Market Size & Forecast 2019-2030, (USD Million)
  • Intraocular Lenses- Market Size & Forecast 2019-2030, (USD Million)
  • Functional Replacement Of Ocular Tissue- Market Size & Forecast 2019-2030, (USD Million)
  • Synthetic Corneas- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)
• Dental- Market Size & Forecast 2019-2030, (USD Million)
  • Dental Implants- Market Size & Forecast 2019-2030, (USD Million)
  • Dental Bone Grafts & Substitutes- Market Size & Forecast 2019-2030, (USD Million)
  • Dental Membranes- Market Size & Forecast 2019-2030, (USD Million)
  • Tissue Regeneration Materials- Market Size & Forecast 2019-2030, (USD Million)
• Plastic Surgery- Market Size & Forecast 2019-2030, (USD Million)
  • Soft Tissue Fillers- Market Size & Forecast 2019-2030, (USD Million)
  • Craniofacial Surgery Products- Market Size & Forecast 2019-2030, (USD Million)
  • Facial Wrinkle Treatment Devices- Market Size & Forecast 2019-2030, (USD Million)
  • Bioengineered Skins- Market Size & Forecast 2019-2030, (USD Million)
  • Peripheral Nerve Repair Devices- Market Size & Forecast 2019-2030, (USD Million)
  • Acellular Dermal Matrices- Market Size & Forecast 2019-2030, (USD Million)
• Wound Healing- Market Size & Forecast 2019-2030, (USD Million)
  • Wound Closure Devices- Market Size & Forecast 2019-2030, (USD Million)
  • Surgical Hemostats- Market Size & Forecast 2019-2030, (USD Million)
  • Internal Tissue Sealants- Market Size & Forecast 2019-2030, (USD Million)
  • Adhesion Barriers- Market Size & Forecast 2019-2030, (USD Million)
  • Hernia Meshes- Market Size & Forecast 2019-2030, (USD Million)
  • Skin Substitutes- Market Size & Forecast 2019-2030, (USD Million)
• Tissue Engineering- Market Size & Forecast 2019-2030, (USD Million)
  • Scaffolds- Market Size & Forecast 2019-2030, (USD Million)
  • Nanomaterials- Market Size & Forecast 2019-2030, (USD Million)
  • Inorganic Nanoparticles- Market Size & Forecast 2019-2030, (USD Million)
• Neurological/Central Nervous System- Market Size & Forecast 2019-2030, (USD Million)
  • Shunting Systems- Market Size & F Market Size & Forecast 2019-2030, (USD Million)orecast 2019-2030, (USD Million)
  • Cortical Neural Prosthetics- Market Size & Forecast 2019-2030, (USD Million)
  • Hydrogel Scaffolds- Market Size & Forecast 2019-2030, (USD Million)
  • Neural Stem Cell Encapsulation Products- Market Size & Forecast 2019-2030, (USD Million)
• Urinary- Market Size & Forecast 2019-2030, (USD Million)
  • Urinary Catheters- Market Size & Forecast 2019-2030, (USD Million)
  • Urethral Stents- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)
  • Drug Delivery Systems- Market Size & Forecast 2019-2030, (USD Million)
  • Gastrointestinal- Market Size & Forecast 2019-2030, (USD Million)
  • Bariatric Surgery- Market Size & Forecast 2019-2030, (USD Million)

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Explore Biomaterials Market Players - Business Description, Product Portfolio, Strategic Alliances or Partnerships, Developments and Financial Details

This specific section of the report comprises key market players that are currently actively putting strategic measures into place to strengthen and develop their positions in this competitive industry. The competition landscape in the industry has been in-depth analyzed in the market research report. Some of the key players in the market are listed below:

• Novo Nordisk
• IFF
• BASF SE
• Covestro Ag
• Celanese Corp.
• Carpenter Technology Corp.
• Evonik Industries Ag
• DSM
• Corbion NV
• Victrex Plc
• Ceramtec Gmbh
• Mitsubishi Chemical Corporation
• Coorstek Inc.
• Berkeley Advanced Biomaterials
• Cam Bioceramics B.V.
• Others (Zeus Company Inc., Ametek Inc., Gelita Ag, altM, etc.)
• Others

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