Biomaterials Market by Types (Natural Biomaterials, Metallic Biomaterials, Ceramic Biomaterials, and Polymeric Biomaterials), Applications (Neurology, Cardiology, Orthopedics, Ophthalmology, Wound Care, Dental, Plastic Surgery, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global biomaterials market size is anticipated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising trend of implant devices and plastic surgery.
Biomaterials are artificially derived synthetic or natural substances that are engineered to interact with biological systems for a medical purpose to improve the functionality of damaged tissues and organs. These biomaterials are used for treatments of wound care, sports injury, and vascular surgery. Biomaterials science can be implemented in various advanced medical technologies, such as tissue engineering, drug delivery devices, and other medical implants. Biomaterials are utilized for biomed engineering, bio mineralization, and biomolecules.
The study of biomaterials consists of elements, such as biology, medicine, chemistry, and tissue engineering. Biomaterials can be synthesized in the laboratory by using variety of chemical approaches. Metallic components such as ceramics, polymers or composite materials are used for synthesis.
Market Trends, Drivers, Restraints, and Opportunities
- Rising usage of various types of biomaterials, such as bioinert, bioactive, bioabsorbable is expected to spur the market growth during the forecast period.
- Increasing number of funds and grants by government bodies is projected to drive the market growth.
- Growing applications of biomaterials, ranging from neurology to plastic surgery is anticipated to boost the market expansion in the coming years.
- Increasing use of biomaterials in drug delivery is projected to propel the market growth during the forecast period.
- Expanding application of biomaterials can create new market avenues in the coming years.
- Stringent clinical & regulatory processes are anticipated to hamper the market growth in the coming years.
- Increasing R&D investments is expected to create lucrative opportunities for the industry players in the projected timeline.
Scope of the Report:
The report on the global biomaterials market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
| Attributes | Details |
| Report Title | Biomaterials Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018–2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Types (Natural Biomaterials, Metallic Biomaterials, Ceramic Biomaterials, and Polymeric Biomaterials), Applications (Neurology, Cardiology, Orthopedics, Ophthalmology, Wound Care, Dental, Plastic Surgery, and Others) |
| Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players Covered in the Report | Koninklijke DSM N.V., Corbion NV, Biomet Inc., Noble Biomaterials, Inc., and Bayer AG. |
Biomaterials Market Segment Insights
Polymeric biomaterial segment to account a key market share
Based on types, the biomaterials market is divided into natural biomaterials, metallic biomaterials, ceramic biomaterials, and polymeric biomaterials. The polymeric biomaterial segment is expected to constitute a large market share during the forecast period due to the broad range of product applications. The wide availability of biopolymers and advanced polymers for bio-resorbable tissue fixation and other orthopedic applications are expected to accelerate the revenue generation of the market segment. Polymeric biomaterials are one of the key fundamental foundation of tissue engineering.
Orthopedics segment to expand at a substantial CAGR
On the basis of applications, the market is segmented into neurology, cardiology, orthopedics, ophthalmology, wound care, dental, plastic surgery and others. The orthopedics segment is anticipated to register a healthy CAGR during the forecast period. Increasing adoption of bone graft substitutes include allograft, autograft, demineralized bone matrix, bone morphogenetic proteins, cell-based matrices, and synthetic bone graft substitutes is driving the segment growth. Bone graft substitutes are applicable in spinal fusion, trauma fixation, joint reconstruction, craniomaxillofacial fixation, and dental fixations. The technological advancements for better osteoinductivity, osteoconductivity, and osteogenicity are expected to propel the growth of the market segment.
Asia Pacific to dominate the market
In terms of regions, the biomaterials market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to the increasing orthopedic procedures, dental surgeries, and cardiovascular surgeries. High prevalence of cardiac disorders and increasing pacemaker procedures in India is expected to drive the market growth in the region. Moreover, high rate of angioplasty with stent placement is anticipated to spur the market expansion in Asia Pacific.
Segments
Segments Covered in the ReportThe global biomaterials market has been segmented on the basis of
Types
- Natural Biomaterials
- Metallic Biomaterials
- Ceramic Biomaterials
- Polymeric Biomaterials
- Neurology
- Cardiology
- Orthopedics
- Ophthalmology
- Wound Care
- Dental
- Plastic Surgery
- Others
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Koninklijke DSM N.V.
- Corbion NV
- Biomet Inc.
- Noble Biomaterials, Inc.
- Bayer AG
Competitive Landscape
Key players competing in the biomaterials market include Koninklijke DSM N.V., Corbion NV, Biomet Inc., Noble Biomaterials, Inc., and Bayer AG.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biomaterials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Biomaterials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Biomaterials Market - Supply Chain
4.5. Global Biomaterials Market Forecast
4.5.1. Biomaterials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biomaterials Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Biomaterials Market Absolute $ Opportunity
5. Global Biomaterials Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Biomaterials Market Size and Volume Forecast by Types
5.3.1. Natural Biomaterials Metallic Biomaterials Ceramic Biomaterials Polymeric Biomaterials
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Biomaterials Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Biomaterials Market Size and Volume Forecast by Applications
6.3.1. Neurology Cardiology Orthopedics Ophthalmology Wound Care Dental
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Biomaterials Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Biomaterials Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Biomaterials Demand Share Forecast, 2019-2026
8. North America Biomaterials Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Biomaterials Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Biomaterials Market Size and Volume Forecast by Types
8.4.1. Natural Biomaterials Metallic Biomaterials Ceramic Biomaterials Polymeric Biomaterials
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Biomaterials Market Size and Volume Forecast by Applications
8.7.1. Neurology Cardiology Orthopedics Ophthalmology Wound Care Dental
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Biomaterials Demand Share Forecast, 2019-2026
9. Latin America Biomaterials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Biomaterials Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Biomaterials Market Size and Volume Forecast by Types
9.4.1. Natural Biomaterials Metallic Biomaterials Ceramic Biomaterials Polymeric Biomaterials
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Biomaterials Market Size and Volume Forecast by Applications
9.7.1. Neurology Cardiology Orthopedics Ophthalmology Wound Care Dental
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Biomaterials Demand Share Forecast, 2019-2026
10. Europe Biomaterials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Biomaterials Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Biomaterials Market Size and Volume Forecast by Types
10.4.1. Natural Biomaterials Metallic Biomaterials Ceramic Biomaterials Polymeric Biomaterials
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Biomaterials Market Size and Volume Forecast by Applications
10.7.1. Neurology Cardiology Orthopedics Ophthalmology Wound Care Dental
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Biomaterials Demand Share Forecast, 2019-2026
11. Asia Pacific Biomaterials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Biomaterials Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Biomaterials Market Size and Volume Forecast by Types
11.4.1. Natural Biomaterials Metallic Biomaterials Ceramic Biomaterials Polymeric Biomaterials
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Biomaterials Market Size and Volume Forecast by Applications
11.7.1. Neurology Cardiology Orthopedics Ophthalmology Wound Care Dental
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Biomaterials Demand Share Forecast, 2019-2026
12. Middle East & Africa Biomaterials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Biomaterials Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Biomaterials Market Size and Volume Forecast by Types
12.4.1. Natural Biomaterials Metallic Biomaterials Ceramic Biomaterials Polymeric Biomaterials
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Biomaterials Market Size and Volume Forecast by Applications
12.7.1. Neurology Cardiology Orthopedics Ophthalmology Wound Care Dental
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Biomaterials Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Biomaterials Market: Market Share Analysis
13.2. Biomaterials Distributors and Customers
13.3. Biomaterials Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Koninklijke DSM N.V. Corbion NV Biomet Inc. Noble Biomaterials, Inc. Bayer AG
The global biomaterials market has been segmented on the basis of
Types
- Natural Biomaterials
- Metallic Biomaterials
- Ceramic Biomaterials
- Polymeric Biomaterials
- Neurology
- Cardiology
- Orthopedics
- Ophthalmology
- Wound Care
- Dental
- Plastic Surgery
- Others
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Koninklijke DSM N.V.
- Corbion NV
- Biomet Inc.
- Noble Biomaterials, Inc.
- Bayer AG
Key players competing in the biomaterials market include Koninklijke DSM N.V., Corbion NV, Biomet Inc., Noble Biomaterials, Inc., and Bayer AG.
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