Biomaterials Market size to grow by USD 12,907.35 million from 2022 to 2027, The rising demand for medical implants to drive the market growth

NEW YORK, June 14, 2023 /PRNewswire/ — The biomaterials market size is set to grow by USD 12,907.35 million from 2022 to 2027, progressing at a CAGR of 6% during the forecast period. The rising demand for medical implants is a significant driving factor for the market growth. Biomaterials are used in various medical devices, including implants, to replace or repair damaged tissues and some of the common types of medical implants include hip and knee replacements, dental implants, and cardiovascular implants. The demand for medical implants is rising due to the growing prevalence of chronic diseases and the rising geriatric population. Hence, such factors drive market growth during the forecast period. Discover some insights on market size historic period (2017 to 2021) and Forecast 2023-2027 before buying the full report -Request a sample report

Biomaterials market – Vendor Analysis

Vendor Landscape – The global biomaterials market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer biomaterials in the market are Algenesis Corp., BASF SE, Carpenter Technology Corp., Celanese Corp., CeramTec GmbH, CoorsTek Inc., Corbion nv, Covestro AG, Dimension Inx., Evonik Industries AG, Koninklijke DSM NV, Mitsubishi Chemical Corp., Riton Biomaterial Co. Ltd., Artoss Inc., Berkeley Advanced Biomaterials, CAM Bioceramics BV, Gelita AG, Noble Biomaterials Inc., Victrex Plc, and Zeus Co. Inc. and others.

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Vendor Offerings –

• Carpenter Technology Corp. – The company offers biomaterials such as Autofroth (PU), Autopour (PU), and Balindur (PU).
• Celanese Corp. – The company offers biomaterials such as H-GENIN Crush-Mix and human allograft cancellous bone chips.
• CeramTec GmbH – The company offers biomaterials such as coating powders, specialty powders, and granules.
• For details on the vendor and their offerings – Request a sample report

Biomaterials Market – Segmentation Assessment

Segment Overview

This biomaterials market report extensively covers market segmentation by type (metallic, ceramic, polymers, and natural), application (orthopedic, cardiovascular, dental, neurology, and plastic surgery and others), and geography (North America, Europe, Asia, and Rest of World (ROW). 

• The market share growth by the metallic segment will be significant for overall market growth during the forecast period. Metallic materials are used as biomaterials due to their high thermal conductivity and mechanical properties. The growth can be attributed to factors such as the extensive use of metals in manufacturing medical devices used in cardiovascular, dental, and orthopedic applications. Hence, such factors drive segment growth during the forecast period.

Geography Overview

By geography, the global biomaterials market is segmented into North America, Europe, Asia, and Rest of World (ROW). The report provides actionable insights and estimates the contribution of all regions to the growth of the global biomaterials market.

• North America is estimated to account for 41% of the global market growth during the forecast period. The regional market growth can be attributed to an increase in biomaterial-based research, the growing incidence of cancer, and the increasing prevalence of cardiovascular diseases. Furthermore, the promotion of biomaterial usage by public and private agencies through events and funding initiatives is also expected to drive the growth of the market during the forecast period. Additionally, the increasing adoption of technologically advanced joint reconstruction devices and improved healthcare infrastructure are driving regional market growth. Hence, regional growth is estimated to be led by such factors during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 – Download a Sample Report

Biomaterials Market – Market Dynamics

Key Trends

• The increasing research on regenerative medicine is an emerging trend in the market. 
• Regenerative medicine includes the use of biomaterials and other technologies, which help repair or replace damaged tissues and organs or stimulate the natural healing process of the body.
• It is used for the treatment of various medical conditions such as cardiovascular disease, neurological disorders, and orthopedic injuries. 
• Biomaterials provide a framework to help with the growth of new tissue by promoting cell attachment.
• They also proliferate and regulate cell behavior and the demand for biomaterials is expected to grow significantly due to advances in regenerative medicine research. 

Major Challenges

• The stringent clinical and regulatory processes are major challenges that may impede the market growth. 
• Adherence to these regulations is important to introduce new products into the market. To ensure that they are safe and efficient to be used before approval, biomaterials must undergo strict testing and clinical trials.
• But the processes can be lengthy, costly, and unpredictable, which creates significant challenges for companies. 
• Regulatory agencies may require additional testing or changes to the design or manufacturing processes. And they further result in delays in approval and increase the costs incurred by manufacturers.
• Hence, such challenges hinder the market growth during the forecast period.

Drivers, Trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Biomaterials Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the biomaterials market between 2023 and 2027
• Precise estimation of the size of the biomaterials market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the biomaterials market across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of biomaterials market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global biomaterials market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on global biomaterials market 2017 – 2021 ($ million)

• 4.2 Type Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.3 Applicaton Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Applicaton Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type – Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Metallic – Market size and forecast 2022-2027
• Exhibit 34: Chart on Metallic – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Metallic – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Metallic – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Metallic – Year-over-year growth 2022-2027 (%)

• 6.4 Ceramic – Market size and forecast 2022-2027
• Exhibit 38: Chart on Ceramic – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Ceramic – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Ceramic – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Ceramic – Year-over-year growth 2022-2027 (%)

• 6.5 Polymers – Market size and forecast 2022-2027
• Exhibit 42: Chart on Polymers – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Polymers – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Polymers – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Polymers – Year-over-year growth 2022-2027 (%)

• 6.6 Natural – Market size and forecast 2022-2027
• Exhibit 46: Chart on Natural – Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Natural – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Natural – Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Natural – Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Type 
• Exhibit 50: Market opportunity by Type ($ million)
• Exhibit 51: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 52: Chart on Application – Market share 2022-2027 (%)
• Exhibit 53: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 54: Chart on Comparison by Application
• Exhibit 55: Data Table on Comparison by Application

• 7.3 Orthopedic – Market size and forecast 2022-2027
• Exhibit 56: Chart on Orthopedic – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Orthopedic – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Orthopedic – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Orthopedic – Year-over-year growth 2022-2027 (%)

• 7.4 Cardiovascular – Market size and forecast 2022-2027
• Exhibit 60: Chart on Cardiovascular – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Cardiovascular – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Cardiovascular – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Cardiovascular – Year-over-year growth 2022-2027 (%)

• 7.5 Dental – Market size and forecast 2022-2027
• Exhibit 64: Chart on Dental – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Dental – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Dental – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Dental – Year-over-year growth 2022-2027 (%)

• 7.6 Neurology – Market size and forecast 2022-2027
• Exhibit 68: Chart on Neurology – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Neurology – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Neurology – Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Neurology – Year-over-year growth 2022-2027 (%)

• 7.7 Plastic surgery and others – Market size and forecast 2022-2027 
• Exhibit 72: Chart on Plastic surgery and others – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Data Table on Plastic surgery and others – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Chart on Plastic surgery and others – Year-over-year growth 2022-2027 (%)
• Exhibit 75: Data Table on Plastic surgery and others – Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Application 
• Exhibit 76: Market opportunity by Application ($ million)
• Exhibit 77: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 79: Chart on Market share by geography 2022-2027 (%)
• Exhibit 80: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 81: Chart on Geographic comparison
• Exhibit 82: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 83: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 87: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 Asia – Market size and forecast 2022-2027
• Exhibit 91: Chart on Asia – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Asia – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Asia – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Asia – Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)

• 9.7 US – Market size and forecast 2022-2027
• Exhibit 99: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.8 Germany – Market size and forecast 2022-2027
• Exhibit 103: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.9 UK – Market size and forecast 2022-2027
• Exhibit 107: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.10 China – Market size and forecast 2022-2027
• Exhibit 111: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027
• Exhibit 115: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ million)
• Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

• 11.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 BASF SE 
• Exhibit 127: BASF SE – Overview
• Exhibit 128: BASF SE – Business segments
• Exhibit 129: BASF SE – Key news
• Exhibit 130: BASF SE – Key offerings
• Exhibit 131: BASF SE – Segment focus

• 12.4 Berkeley Advanced Biomaterials 
• Exhibit 132: Berkeley Advanced Biomaterials – Overview
• Exhibit 133: Berkeley Advanced Biomaterials – Product / Service
• Exhibit 134: Berkeley Advanced Biomaterials – Key offerings

• 12.5 CAM Bioceramics BV 
• Exhibit 135: CAM Bioceramics BV – Overview
• Exhibit 136: CAM Bioceramics BV – Key offerings

• 12.6 Carpenter Technology Corp. 
• Exhibit 137: Carpenter Technology Corp. – Overview
• Exhibit 138: Carpenter Technology Corp. – Business segments
• Exhibit 139: Carpenter Technology Corp. – Key offerings
• Exhibit 140: Carpenter Technology Corp. – Segment focus

• 12.7 Celanese Corp. 
• Exhibit 141: Celanese Corp. – Overview
• Exhibit 142: Celanese Corp. – Business segments
• Exhibit 143: Celanese Corp. – Key offerings
• Exhibit 144: Celanese Corp. – Segment focus

• 12.8 CeramTec GmbH 
• Exhibit 145: CeramTec GmbH – Overview
• Exhibit 146: CeramTec GmbH – Business segments
• Exhibit 147: CeramTec GmbH – Key offerings
• Exhibit 148: CeramTec GmbH – Segment focus

• 12.9 CoorsTek Inc. 
• Exhibit 149: CoorsTek Inc. – Overview
• Exhibit 150: CoorsTek Inc. – Product / Service
• Exhibit 151: CoorsTek Inc. – Key news
• Exhibit 152: CoorsTek Inc. – Key offerings

• 12.10 Corbion nv 
• Exhibit 153: Corbion nv – Overview
• Exhibit 154: Corbion nv – Business segments
• Exhibit 155: Corbion nv – Key news
• Exhibit 156: Corbion nv – Key offerings
• Exhibit 157: Corbion nv – Segment focus

• 12.11 Covestro AG 
• Exhibit 158: Covestro AG – Overview
• Exhibit 159: Covestro AG – Business segments
• Exhibit 160: Covestro AG – Key news
• Exhibit 161: Covestro AG – Key offerings
• Exhibit 162: Covestro AG – Segment focus

• 12.12 Evonik Industries AG 
• Exhibit 163: Evonik Industries AG – Overview
• Exhibit 164: Evonik Industries AG – Business segments
• Exhibit 165: Evonik Industries AG – Key news
• Exhibit 166: Evonik Industries AG – Key offerings
• Exhibit 167: Evonik Industries AG – Segment focus

• 12.13 Gelita AG 
• Exhibit 168: Gelita AG – Overview
• Exhibit 169: Gelita AG – Product / Service
• Exhibit 170: Gelita AG – Key offerings

• 12.14 Koninklijke DSM NV 
• Exhibit 171: Koninklijke DSM NV – Overview
• Exhibit 172: Koninklijke DSM NV – Business segments
• Exhibit 173: Koninklijke DSM NV – Key news
• Exhibit 174: Koninklijke DSM NV – Key offerings
• Exhibit 175: Koninklijke DSM NV – Segment focus

• 12.15 Mitsubishi Chemical Corp. 
• Exhibit 176: Mitsubishi Chemical Corp. – Overview
• Exhibit 177: Mitsubishi Chemical Corp. – Business segments
• Exhibit 178: Mitsubishi Chemical Corp. – Key news
• Exhibit 179: Mitsubishi Chemical Corp. – Key offerings
• Exhibit 180: Mitsubishi Chemical Corp. – Segment focus

• 12.16 Victrex Plc 
• Exhibit 181: Victrex Plc – Overview
• Exhibit 182: Victrex Plc – Business segments
• Exhibit 183: Victrex Plc – Key offerings
• Exhibit 184: Victrex Plc – Segment focus

• 12.17 Zeus Co. Inc. 
• Exhibit 185: Zeus Co. Inc. – Overview
• Exhibit 186: Zeus Co. Inc. – Product / Service
• Exhibit 187: Zeus Co. Inc. – Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 188: Inclusions checklist
• Exhibit 189: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 190: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 191: Research methodology
• Exhibit 192: Validation techniques employed for market sizing
• Exhibit 193: Information sources

• 13.5 List of abbreviations 
• Exhibit 194: List of abbreviations

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