Overview and Scope
An implantable biomaterial is a natural or synthetic material that is used in medical applications to support, enhance, or replace damaged tissue or a biological structure.
Sizing and Forecast
The implantable biomaterials market size has grown rapidly in recent years. It will grow from $127.97 billion in 2023 to $144.1 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to clinical success and patient outcomes, tissue engineering progress, surface modification techniques, regulatory milestones, biodegradable materials introduction.
The implantable biomaterials market size is expected to see rapid growth in the next few years. It will grow to $217.98 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to bioactive and bioresorbable materials, smart and responsive biomaterials, regulatory and safety standards, hybrid composite materials, tissue engineering advancements. Major trends in the forecast period include drug-eluting implants, biocompatibility advancements, 3d printing and customization, regenerative medicine focus, nanotechnology integration.
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Segmentation & Regional Insights
The implantable biomaterials market covered in this report is segmented –
1) By Material: Metallic, Ceramic, Polymers, Natural
2) By Application: Dental, Cardiovascular, Ophthalmology, Orthopedic, Other Applications
3) By End-user: Hospitals, Ambulatory Surgical Centers, Specialty Clinics
North America was the largest region in the implantable biomaterials market in 2023. Western Europe was the second largest region in the global implantable biomaterials market report. The regions covered in the implantable biomaterials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The allocation of funds by government organizations in the development of new biomaterials [SR1] contributed to the implantable biomaterials market growth. For instance, Drexel University granted USD 200,000 to the National Science Foundation for research on biomaterial-mediated control over macrophage behavior that affects biomaterial vascularization. The support from government organizations in the development of new biomaterials will drive the growth of the implantable biomaterials market.
Key Industry Players
Major companies operating in the implantable biomaterials market report are BASF SE, 3M Company, Medtronic plc, Evonik Industries AG, Stryker Corporation, DuPont de Nemours Inc., Celanese Corporation, Zimmer Biomet Holdings Inc., Biomet Inc., Koninklijke DSM NV, Arthrex Inc., DePuy Synthes Companies, Carpenter Technology Corporation, Corbion NV, GELITA AG, Wright Medical Group NV, CoorsTek Inc., CeramTec GmbH, Orthofix Holdings Inc., Invibio Biomaterial Solutions plc, Keystone Dental Inc., KLS Martin SE & Co., Collagen Matrix Inc., Cam Bioceramics BV, Aap Implantate AG, Berkeley Advanced Biomaterials Inc., AdvanSource Biomaterials Corporation, Collagen Solutions plc, Surgival SL, SBM France SAS.
The implantable biomaterials market report table of contents includes:
1. Executive Summary
2. Implantable Biomaterials Market Characteristics
3. Implantable Biomaterials Market Trends And Strategies
4. Implantable Biomaterials Market – Macro Economic Scenario
5. Global Implantable Biomaterials Market Size and Growth
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31. Implantable Biomaterials Market Other Major And Innovative Companies
32. Global Implantable Biomaterials Market Competitive Benchmarking
33. Global Implantable Biomaterials Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Implantable Biomaterials Market
35. Implantable Biomaterials Market Future Outlook and Potential Analysis
36.Appendix
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