Biomaterials Market Analysis, Challenges, Growth And Forecast by 2025

 

This study involved four major activities in estimating the current size of the biomaterials market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.

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According to the new market research report Biomaterials Market by Type of Materials (Metallic, Ceramic, Polymers, Natural), Application (Cardiovascular, Orthopedic, Dental, Plastic Surgery, Wound Healing, Neurological disorders, Tissue Engineering, Ophthalmology) - Global Forecast to 2025. The global biomaterials market is projected to reach USD 47.5 billion by 2025 from USD 35.5 billion in 2020, at a CAGR of 6.0% during the forecast period.

Growth in this market is primarily attributed to increasing funds and grants by government bodies and universities for the development of novel biomaterials, increasing demand for implantable devices, growing demand for biomaterials in plastic surgery and wound healing applications, rising incidences of cardiovascular diseases, and rising awareness and research on regenerative medicine.

Key Market Players

Key players in the biomaterials market include BASF SE (Germany), Covestro AG (Germany), Celanese Corporation (US), Corbion (Netherlands), Royal DSM (Netherlands), Evonik Industries (Germany), Carpenter Technology Corporation (US), Berkeley Advanced Biomaterials (US), Cam Bioceramics B.V. (Netherlands), CoorsTek Inc. (US), CeramTec (Germany), and Gelita AG (Germany).

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This report categorizes the biomaterials market into the following segments and subsegments:

Biomaterials Market, by Type

  • Metallic Biomaterials
  • Polymeric Biomaterials
  • Ceramics
  • Natural Biomaterials

Biomaterials Market, by Application

  • Cardiovascular
  • Orthopedic
  • Ophthalmology
  • Dental
  • Plastic Surgery
  • Wound Healing
  • Tissue Engineering
  • Neurological/Central Nervous System Applications
  • Other Applications

Biomaterials Market, by Region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

The report provides insight into the following pointers:

Market penetration: Comprehensive information about the product portfolio of the best players of the Biomaterials.

Competitive assessment: In-depth assessment of the market strategy, the market of leading players in the region and business segments.

Product Development / Innovation: Detailed insights into upcoming technologies, R&D activities, and product launch markets.

Market Development: Comprehensive information about emerging markets. This report analyses the market across a variety of segments and regions.

Market diversification: complete information about new products, undeveloped geography, recent developments, and investments in the Biomaterials.

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