Dublin, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The "Bioactive Glass - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Bioactive Glass is estimated at US$1.0 Billion in 2023 and is projected to reach US$3.1 Billion by 2030, growing at a CAGR of 17.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the bioactive glass market is driven by several factors, including technological innovations, increasing clinical acceptance, and expanding applications in the medical field. The continuous improvement in glass formulations and processing techniques has resulted in products that offer better performance and greater versatility, catering to a broader range of medical procedures. Clinical studies validating the efficacy and benefits of bioactive glass in tissue regeneration and infection control have bolstered its adoption among healthcare providers.
Additionally, there is a growing trend of personalized medicine where materials like bioactive glass are used to develop customized solutions for individual patients, further propelling market growth. Economic factors, such as the rising healthcare expenditure globally and the increasing investment in biomedical research, also play significant roles in the expansion of this market. These elements collectively ensure that the demand for bioactive glass remains robust, reflecting its critical role in advancing medical treatments and improving patient outcomes.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Silicate-based Glass segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 18.0%. The Phosphate-based Glass segment is also set to grow at 17.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $268.4 Million in 2023, and China, forecasted to grow at an impressive 16.2% CAGR to reach $474.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Bioactive Glass Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Bioactive Glass Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Arthrex, Inc, BioMin Technologies Limited, Bonalive Biomaterials Ltd, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Bioactive Glass Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 177 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $1 Billion |
| Forecasted Market Value (USD) by 2030 | $3.1 Billion |
| Compound Annual Growth Rate | 17.3% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Bioactive Glass - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Use in Bone Regeneration Bodes Well for Market Growth
- Expanding Use in dental Fields Drive Market Growth
- Enhanced Biocompatibility and Efficacy Drive Adoption of Bioactive Glass Compositions
- Growing Geriatric Population and Prevalence of Orthopedic and Dental Disorders
- Bioactive Glasses Make Their Mark in Wound Healing Applications
- Shifts in Healthcare Spending Towards Advanced Biomedical Materials
- Multifunctional Bioactive Glass Rises in Popularity
FOCUS ON SELECT PLAYERS (Total 39 Featured)
- Arthrex, Inc
- BioMin Technologies Limited
- Bonalive Biomaterials Ltd
- DePuy Synthes
- LASAK s.r.o.
- Matexcel
- Mo-Sci Corporation
- NanoFUSE Biologics LLC
- Noraker
- NovaBone Products LLC
- Schott AG
- Stryker Corporation
- Synergy Biomedical, LLC
- SynThera Biomedical Pvt. Ltd
- Vedayukt India Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/hkn9ob
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