PUBLISHER: IMARC | PRODUCT CODE: 1370426
PUBLISHER: IMARC | PRODUCT CODE: 1370426
Biomaterials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
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.
A biomaterial refers to a matter, surface or construct that can be obtained from nature or manufactured in the laboratory using polymers, metallic components, ceramics or composite materials. It interacts with biological systems and assists in restoring different functions and facilitating healing among individuals after an injury or a disease. Consequently, it finds extensive applications in neurology, cardiology, orthopedics, ophthalmology, wound care, dentistry, and plastic surgery across the globe.
Biomaterials Market Trends:
There is an increase in the number of individuals with musculoskeletal conditions around the world. This, in confluence with the rising geriatric population, represents one of the key factors impelling the growth of the market. Moreover, biomaterials are used in medical implants, including heart valves, stents, grafts, artificial joints, ligaments, tendons, hearing loss and dental implants, and devices that stimulate nerves. They are also utilized in dissolvable dressings and sutures, clips, and staples for wound closure. In addition, biomaterials aid in cardiac repair and regeneration as a carrier for drug delivery or as an extracellular matrix substitute scaffold. This, along with the burgeoning healthcare industry, is catalyzing the demand for biomaterials worldwide. Apart from this, advancements in molecular self-assembly, polymer synthesis, protein and peptide engineering, and microfabrication technologies have resulted in the introduction of next-generation smart biomaterials. These biomaterials can adapt their chemical and mechanical properties according to changes in physiological parameters and exogenous stimuli. This, coupled with the increasing focus of market players on product innovations to offer better services to end users, is positively influencing the market. Other factors strengthening the growth of the market include the rising prevalence of cardiovascular diseases and the increasing awareness among the masses about the advantages of biomaterials.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global biomaterials market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report
- 1. What was the size of the global biomaterials market in 2022?
- 2. What is the expected growth rate of the global biomaterials market during 2023-2028?
- 3. What are the key factors driving the global biomaterials market?
- 4. What has been the impact of COVID-19 on the global biomaterials market?
- 5. What is the breakup of the global biomaterials market based on type?
- 6. What are the key regions in the global biomaterials market?
- 7. Who are the key players/companies in the global biomaterials market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Biomaterials Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Natural Biomaterial
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Metallic Biomaterial
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Ceramic Biomaterial
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Polymeric Biomaterial
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Application
- 7.1 Neurology
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cardiology
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Orthopedics
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Wound Care
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Dental
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Plastic Surgery
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 BASF SE
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Berkeley Advanced Biomaterials
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Carpenter Technology Corporation
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Collagen Matrix Inc.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 CoorsTek Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Corbion N.V.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.7 Dentsply Sirona
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Evonik Industries AG
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Johnson & Johnson
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Koninklijke DSM N.V.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Medtronic plc
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
- 13.3.12 Stryker Corporation
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.12.4 SWOT Analysis
- 13.3.13 Victrex plc
- 13.3.13.1 Company Overview
- 13.3.13.2 Product Portfolio
- 13.3.13.3 Financials
- 13.3.14 Zimmer Biomet
- 13.3.14.1 Company Overview
- 13.3.14.2 Product Portfolio
- 13.3.14.3 Financials
- 13.3.14.4 SWOT Analysis
- 13.3.1 BASF SE
List of Figures
- Figure 1: Global: Biomaterials Market: Major Drivers and Challenges
- Figure 2: Global: Biomaterials Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Biomaterials Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Biomaterials Market: Breakup by Type (in %), 2022
- Figure 5: Global: Biomaterials Market: Breakup by Application (in %), 2022
- Figure 6: Global: Biomaterials Market: Breakup by Region (in %), 2022
- Figure 7: Global: Biomaterials (Natural Biomaterial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Biomaterials (Natural Biomaterial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Biomaterials (Metallic Biomaterial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Biomaterials (Metallic Biomaterial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Biomaterials (Ceramic Biomaterial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Biomaterials (Ceramic Biomaterial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Biomaterials (Polymeric Biomaterial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Biomaterials (Polymeric Biomaterial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Biomaterials (Neurology) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Biomaterials (Neurology) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Biomaterials (Cardiology) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Biomaterials (Cardiology) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Biomaterials (Orthopedics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Biomaterials (Orthopedics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Biomaterials (Wound Care) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Biomaterials (Wound Care) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Biomaterials (Dental) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Biomaterials (Dental) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Biomaterials (Plastic Surgery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Biomaterials (Plastic Surgery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Biomaterials (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Biomaterials (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: North America: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: North America: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: United States: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: United States: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Canada: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Canada: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Asia-Pacific: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Asia-Pacific: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: China: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: China: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Japan: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Japan: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: India: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: India: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: South Korea: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: South Korea: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Australia: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Australia: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Indonesia: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Indonesia: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Others: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Others: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Europe: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Europe: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Germany: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Germany: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: France: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: France: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: United Kingdom: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: United Kingdom: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Italy: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Italy: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Spain: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Spain: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Russia: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Russia: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Others: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Others: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Latin America: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Latin America: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Brazil: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Brazil: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Mexico: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Mexico: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Others: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Others: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Middle East and Africa: Biomaterials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Middle East and Africa: Biomaterials Market: Breakup by Country (in %), 2022
- Figure 77: Middle East and Africa: Biomaterials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Global: Biomaterials Industry: SWOT Analysis
- Figure 79: Global: Biomaterials Industry: Value Chain Analysis
- Figure 80: Global: Biomaterials Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Biomaterials Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Biomaterials Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Biomaterials Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Biomaterials Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Biomaterials Market: Competitive Structure
- Table 6: Global: Biomaterials Market: Key Players
