New York, NY, June 14, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Biomaterials Market by Type (Metallic, Natural, Ceramics, and Polymer) and by Application (Ophthalmology, Cardiovascular, Orthopedic, Wound Healing, Tissue Engineering, Plastic Surgery, Neurology, Dental, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global biomaterials market was over USD 94 billion in 2018 and is expected to reach above USD 256.2 billion by 2025, at a CAGR of slightly above 15.4% between 2019 and 2025.
A biomaterial is any material that is engineered to aids biological systems in therapeutic or diagnostic purposes. A biomaterial is non-viable in nature, which is used in medical devices. The rapidly growing healthcare sector is expected to drive the global biomaterials market in the future. Biomaterials have applications in various products, such as contact lenses, skin repair, blood vessel prosthesis, gene transfer, drug delivery, and dental. This is the primary factor expected to propel the growth of the global biomaterial market over the forecast time period. Moreover, the growing awareness about advanced technology, rising aging population base, increasing prevalence of chronic diseases are some other factors driving the biomaterials market globally. Furthermore, continuous research and development activities for bioinert and innovative material are anticipated to generate new growth opportunities for the biomaterials market in the future.
Browse through 47 Tables & 23 Figures spread over 120 Pages and in-depth TOC on “Global Biomaterials Market Size & Share 2018 Analysis: By Type, Product, Material, Application, Industry Growth and Forecast to 2025”.
Request Free Sample Report of Global Biomaterials Market Report @ https://www.zionmarketresearch.com/sample/global-biomaterials-market
The global biomaterials market is categorized into type and application. On the basis of type, the global biomaterials market includes metallic, natural, ceramics, and polymers. The metallic segment accounted for the largest share in the global biomaterials market in 2018. The distinct properties of metallic biomaterials, such as strength, biocompatibility, and resistance to splintering, make them appropriate for several medical applications, such as cardiovascular, orthopedic, dentistry and wound healing. Followed by metallic, the polymers segment held the second position in the global market. The polymers segment comprises a material made of polyethylene, silicone elastic, nylon, polyester, PLGA, polyvinyl chloride, etc. The natural biomaterials segment is expected to register a high CAGR in the market in the future, owing to the rising demand for natural biomaterials as they are made of animal- and plant-based materials.
By application, the biomaterials market includes ophthalmology, cardiovascular, orthopedic, wound healing, tissue engineering, plastic surgery, neurology, dental, and others. The orthopedic segment held the largest share of the global biomaterials market in 2018, due to the growing use of biomaterial implants in orthopedic surgeries.
Download Free Report PDF Brochure: https://www.zionmarketresearch.com/requestbrochure/global-biomaterials-market
By region, North America is estimated to account for a major share of the global biomaterials market and remain dominant over the forecast time period. This can be attributed to the increasing aging population base in the region and growing biomaterials demand for plastic surgery, neurology, wound healing. According to the Population Reference Bureau, the number of Americans between the ages 65 and above is estimated to grow double from 46 million to 98 million by 2060. Moreover, the growing awareness of tissues engineering, suitable reimbursement policies, and rising government support are also boosting the biomaterials market in North America.
The Asia Pacific region is expected to register notable growth in the global biomaterials market in the upcoming years. This can be due to the growing incidences of chronic diseases and rising awareness about biomaterials. China and India accounted for major shares in the Asia Pacific biomaterials market in 2018. Due to a large population base in India and China, the countries have a huge patient pool that is suffering from chronic diseases. This, in turn, will further drive the biomaterials market over the projected period. Furthermore, rising healthcare expenditure, growing investments made by various players operating in the region for the development of biomaterials technology are also boosting this regional market.
Browse the full “Biomaterials Market by Type (Metallic, Natural, Ceramics, and Polymer) and by Application (Ophthalmology, Cardiovascular, Orthopedic, Wound Healing, Tissue Engineering, Plastic Surgery, Neurology, Dental, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/global-biomaterials-market
Latin American and the Middle Eastern and African regions held least shares in the global biomaterials market. Alternatively, these regions are expected to register significant market growth in the future. The healthcare industry in Brazil is flourishing owing to low healthcare costs. Brazil is the fifth largest country area wise and in population globally. The country’s healthcare sector has undergone rapid transformation, owing to a new business paradigm in the Brazilian healthcare market. This is expected to trigger the regional growth of the biomaterials market in the upcoming years. Moreover, Brazil is among the most favorable destinations for medical tourism, owing to its superior medical facilities, high-quality services, and low treatment costs.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/global-biomaterials-market
Some major players of the global biomaterials market are DePuy Orthopaedics, Invibio, Dentsply International, Orthovita, Cam Bioceramics, Zimmer Biomet, Angiotech Pharmaceuticals, AdvanSource Biomaterials, Berkeley Advanced Biomaterials, Collagen Matrix, and Wright Medical Group.
Request customized copy of report @ https://www.zionmarketresearch.com/custom/744
This report segments the global biomaterials market into:
Global Biomaterials Market: Type Analysis
- Metallic
- Ceramics
- Natural
- Polymer
Global Biomaterials Market: Application Analysis
- Cardiovascular
- Ophthalmology
- Dental
- Orthopedic
- Wound Healing
- Tissue Engineering
- Plastic Surgery
- Neurology
- Others
Global Biomaterials Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Related Reports:
- Regenerative Medicine Market: https://www.zionmarketresearch.com/report/regenerative-medicines-market
- Next Generation Sequencing Market: https://www.zionmarketresearch.com/report/next-generation-sequencing-market
- Genomics Market: https://www.zionmarketresearch.com/report/genomics-market
- Bioinformatics Market: https://www.zionmarketresearch.com/report/bioinformatics-market
- Biosimulation Market: https://www.zionmarketresearch.com/report/biosimulation-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Browse Blog: https://techcloudspro.com
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Contact Us:
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Blog: http://zmrblog.com