Global Biomaterials Market 2015-2020: Market Dynamics and Challenges Oct.2016 | Page 2
Global Biomaterials Market
According to the report "Biomaterials Market by Material type, by Application, and by Region
– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2015 – 2020)",
published by Market Data Forecast, the global market is projected to reach USD 125.152
Billion by 2020, at a CAGR of 14% from 2015 to 2020.
For full report refer to http://www.marketdataforecast.com/market-reports/globalbiomaterials-market-16/
Biomaterials can either be therapeutic or diagnostic, they are made in such a way that they
can easily interact with the biological systems for a medical purpose. These materials can be
synthesized in laboratory using various components such as polymers, metallic components,
ceramics and composite materials or they can be obtained naturally. Biomaterials are used
very widely like as a heart valve, dental applications, drug delivery or even as major parts such
as hydroxyl-apatite coated hip implants.
Free sample for the report is available at http://www.marketdataforecast.com/marketreports/global-biomaterials-market-16/request-sample
Biomaterials are easily accepted by the biological systems which increases their demand over
plastic materials. Support from government in terms of funding, investment and grants,
research on advancements in the medical technology, increasing geriatric population and rise
in demand for biomaterials in neurology, plastic surgery, cardiology and wound healing are
some of the major factors driving the market.
Segmentation based on product
1. By application:
Plastic surgery
Tissue engineering
Orthopaedic
Dental
Cardiovascular
Wound healing
Neurological
Ophthalmology
2. By material type:
Metallic
Ceramic
Polymers
Natural
Key players in the biomaterials market are Collagen Matrix Inc., CAM Bioceramics BV, Invibio
Ltd. Inc., BASF SE, Covalon Technologies Ltd., Carpenter Technology Corporation, Bayer AG,
Berkeley Advanced Biomaterials, Corbion N.V., Wright Medical Technology Inc., Evonik
Industries AG, Zimmer Biomet Holdings Inc. and royal DSM.
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