Biomaterials Market Size, Industry Share, Growth & Report 2023-2028

Global Biomaterials Market Overview 2023-2028

Biomaterials are substances made to interact with biological systems, with the aim of improving or replacing the functions of living tissues or organs. They can be natural, synthetic, or a combination of both, used to enhance healing, restore function, or provide support to the body. Biomaterials can be used for medical implants, prosthetics, tissue engineering, and drug delivery systems. They can range from metals, ceramics, and polymers to materials derived from natural sources like collagen or silk. Biomaterials are used in modern medicine, advancing treatments and therapies that improve the quality of life for patients with various medical conditions.

The global biomaterials market size reached US$ 102.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 202.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11.43% during 2023-2028.

Global Biomaterials Market Trends and Drivers:

Biomaterials Market

The surging occurrence of chronic diseases like diabetes and heart conditions and the rising aging population that are more prone to develop such diseases represents one of the primary factors driving the demand for biomaterials around the world. Moreover, the increasing number of elective surgeries for cosmetic or non-life-threatening conditions is catalyzing the demand for biomaterials in various medical procedures worldwide. In addition, the growing awareness about the potential benefits of biomaterials and increasing consumer expectations for personalized medicine are influencing the market positively. Apart from this, the rising adoption of three-dimensional (3D) printing technology to create patient-specific biomedical devices using a variety of biomaterials is bolstering the market growth.

Global Biomaterials Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: BASF SE, Berkeley Advanced Biomaterials, Carpenter Technology Corporation, Collagen Matrix Inc., CoorsTek Inc., Corbion N.V., Dentsply Sirona, Evonik Industries AG, Johnson & Johnson, Koninklijke DSM N.V., Medtronic plc, Stryker Corporation, Victrex plc and Zimmer Biomet.

The report segmented the market on the basis of region, type and application.

Breakup by Type:

  • Natural Biomaterial
  • Metallic Biomaterial
  • Ceramic Biomaterial
  • Polymeric Biomaterial

Breakup by Application:

  • Neurology
  • Cardiology
  • Orthopedics
  • Wound Care
  • Dental
  • Plastic Surgery
  • Others 

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

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