Market Research Report
Bioactive Materials Market Analysis By Type (Powder, Moldable, Granules), By Material (Glass, Glass-Ceramic, Composite), By Application, By Region, And Segment Forecasts, 2014 - 2025
|Published by||Grand View Research, Inc.||Product code||557234|
|Published||Content info||95 Pages
Delivery time: 1-2 business days
|Bioactive Materials Market Analysis By Type (Powder, Moldable, Granules), By Material (Glass, Glass-Ceramic, Composite), By Application, By Region, And Segment Forecasts, 2014 - 2025|
|Published: August 18, 2017||Content info: 95 Pages||
The global bioactive materials market is expected to reach USD 3.29 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 10.1% over the forecast period, owing to rising substitution of engineered plastics in implants.
Increasing healthcare expenditure by the consumers is expected to drive the demand for bioactive materials over the forecast period. Rising geriatric population is likely to trigger the demand for such products primarily for use in the production of prosthesis and implants, thereby driving the market over the next eight years.
Growing use of bioactive materials for coating metal implants to promote bone healing & osteogenesis, and mitogenesis of undifferentiated cells is expected to drive the market growth over the forecast period. The demand for such products is likely to rise on account of growing product adoption by consumers including hospitals and private surgeons.
The industry is expected to benefit from the rising technological advancements across the globe. In addition, the products are expected to gain traction over the forecast period driven by the superior performance in bone regeneration surgeries.
Key participants of the industry include Zimmer Holding Inc., Medtronic Inc., Stryker Corporation, and Depuysynthes, with the companies focusing on new technology, excellent performance and customized products to gain market share.