Infinium Global Research has added
a new report on Biomaterials
Market. The report presents analysis of global as well as regional
markets of biomaterials market over the period of 2016 to 2024. A
biomaterial is any substance that has been engineered to interact with
biological systems for a medical purpose either a therapeutic (treat, augment,
repair or replace a tissue function of the body) or a diagnostic one. These
materials are used to interrelate with biological systems for medical purposes
and treatments of dental, neurological disorders, cardiovascular and
cardiovascular. The study of biomaterials is known as biomaterials science and
this can be applied in various advanced medical technologies such plastic
surgery, tissue engineering, drug delivery devices, and other. Uses of
biomaterial are finding importance in the research on biomineralization,
biomolecules and biomed engineering.
Major factors driving the growth of biomaterials market are
raising number of hip and knee replacement procedures among old age people,
growing orthopedic and neurology disorders, technological advancements growing
demand for biomaterials in plastic surgery and wound healing applications
worldwide. Additionally, funds & allowances by government bodies to launch
new products globally, impulsive growth anticipated for wound healing
applications and plastic surgery, growing increase consciousness about the
advantages of biomaterials products, and developments in medical technology are
also boosting the growth of this market. On the other hand factors such as
incidence of inflammatory responses due to compatibility issues, high cost of
biomaterial production and difficulties connected with the use of these
products are hampering the growth of biomaterials market. Increasing
investments for material research is anticipated to create better opportunities
for the biomaterial market.
In terms of geographic, North America holds the largest market
share in global biomaterials market followed by Europe and Asia Pacific. The
growth in North America region is owing to increasing biomaterial-based
research; growing investments by the government in biomaterials market, high
healthcare expenditure, and increase in aged population are some of the factors
driving the growth in this region. Furthermore, Europe region is driven by
government support for research & development and availability of funds for
research. In addition, the factors responsible for the growth in Asia Pacific
region is due to increasing healthcare expenditure, improved lifestyle, and
introduction of biomaterials in cancer research in emerging countries such as
India, and China will help the Asia-Pacific biomaterials market to grow. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global biomaterials market but also
make strategic decisions to capture the most lucrative markets in the near
future. The market size is presented in terms of value for the historic year
2016 and estimated for forecast period of 2018-2024.
Get
15% discount for early purchase of global biomaterials market report by
clicking the following link, Use code IGRD15 to request the discount in the
given form
https://www.infiniumglobalresearch.com/reports/request-discount/1499
The recent report identified that
North America dominated the global biomaterials market over the last couple of
years, while emerging markets of Asia-Pacific and Latin America are anticipated
to contribute significantly to the growth in the biomaterials market worldwide.
The report segments the global
biomaterials market on the basis of Type and Application.
Global Biomaterials Market by Type
·
Metallic
·
Polymeric
·
Ceramic
·
Natural
Global Biomaterials Market by
Application
·
Cardiovascular
·
Dental
·
Orthopedic
·
Wound Healing
·
Plastic Surgery
·
Ophthalmology
·
Tissue Engineering
·
Neurological Disorders
·
Drug Delivery Systems
Companies Profiled in the Report
·
AdvanSource Biomaterials
Corporation
·
Biomet, Inc.
·
Celanese Corporation
·
Ceradyne, Inc.
·
Collagen Matrix, Inc.
·
Corbion Purac
·
DuPont Inc
·
Evonik Industries AG
·
Invibio, Inc.
·
Orthofix Holdings, Inc.
About Infinium Global Research
Infinium Global Research is a
business intelligence company that provides its clients with market information
services, solutions, and reports. The intelligence reports include qualitative
as well as quantitative information, which are blended using forecasting models
in order to project future market demand. Our panels of Subject Matter Experts
(SMEs), Analysts, and Consultants use numerous data gathering tools in order to
provide you with detailed information on the market as well as a preview of its
projected growth. Our repository includes the largest and most credible
databases, through which we determine various qualitative and quantitative
parameters of the market to provide you with an in-depth business intelligence
report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.
