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Biocompatible Materials - A Global Market Overview

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    Report

  • 248 Pages
  • September 2024
  • Region: Global
  • Industry Experts
  • ID: 6008230
Biocompatible Materials are a special category of materials fabricated for compatibility with biological systems to ensure that there is no risk of any harm or adverse reaction. These materials play a critical role in maintaining biocompatibility in cases of trauma care, emergency surgeries and life-saving interventions. As a result, patient outcomes are improved due to provision of rapid and effective solutions in high-risk medical procedures.

The global market for Biocompatible Materials will likely maintain a robust CAGR of 11.2% during the 2024-2030 analysis period and reach a projected US$444.3 million by 2030 from an estimated US$235.4 million in 2024.

Several factors are instrumental in guiding the global Biocompatible Materials market towards a healthy growth over the analysis period, the most important ones of which comprise close mimicking of natural tissues & structures, enhancement in drug delivery & tissue integration with novel nanostructured biocompatible materials, increasing demand for regenerative medicine & personalized medicine, growing incidence of chronic diseases, increasing dental issues and the use of 3D and 4D printing technologies.

Biocompatible Materials Regional Market Analysis

Although North America and Europe together account for the major share of the global Biocompatible Materials market, Asia-Pacific is slated to be the fastest growing market for the same, with a projected CAGR of over 14% during 2024-2030. Major factors for this include greater awareness about the positive outcomes of using Biocompatible Materials, rise in disposable incomes & increased affordability and a larger number of individuals opting for minimally invasive surgical procedures.

Biocompatible Materials Market Analysis by Type

The major types of Biocompatible Materials utilized include Polymers (Natural & Synthetic), Ceramics, Metals and Composites. Polymers are expected to corner the largest share of the global demand for Biocompatible Materials and also register the fastest growth over the 2024-2030 analysis period. The development and use of medical-grade synthetic polymers that mimic natural substances have been major factors driving demand for these materials. Metallic biomaterials include biocompatible metal alloys, such as titanium and stainless steel, which find application in orthopedic implants and dental prosthetics. The need for bio-ceramics has also been growing, since they offer a unique combination of properties that allow their widespread use in a range of medical and healthcare applications.

Biocompatible Materials Market Analysis by Application Area

In terms of application, Biocompatible Materials are chiefly used in Cardiovascular Devices, Dental Implants, Drug Delivery Systems, Electromedical Equipment, Hearing Aids, Ophthalmic Products, Orthopedic Implants, Prosthetics and Soft Tissue Implants. Orthopedic Implants lead the worldwide market with regard to size, the demand for which is also poised to post the fastest CAGR during the analysis period.

Biocompatible Materials Report Scope

This global report on Biocompatible Materials analyzes the market based on type and application area. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.

Key Metrics

  • Historical Period: 2021-2023
  • Base Year: 2023
  • Forecast Period: 2024-2030
  • Units: Value market in US$
  • Companies Mentioned: 25+

Biocompatible Materials Market by Geographic Region

  • North America (The United States, Canada and Mexico)
  • Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
  • South America (Argentina, Brazil and Rest of South America)
  • Rest of World (Middle East & Africa)

Biocompatible Materials Market by Type

  • Ceramics
  • Composites
  • Metals
  • Polymers
  • Natural
  • Synthetic

Biocompatible Materials Market by Application Area

  • Cardiovascular Devices
  • Dental Implants
  • Drug Delivery Systems
  • Electromedical Equipment
  • Hearing Aids
  • Ophthalmic Products
  • Orthopedic Implants
  • Prosthetics
  • Soft Tissue Implants


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Table of Contents

PART A: GLOBAL MARKET PERSPECTIVE
1. INTRODUCTION
  • Product Outline
  • Biocompatible Materials Defined
  • Biocompatible Materials Market by Type
  • Ceramics
  • Composites
  • Metals
  • Polymers
  • Natural
  • Synthetic
  • Biocompatible Materials Market by Application Area
  • Cardiovascular Devices
  • Dental Implants
  • Drug Delivery Systems
  • Electromedical Equipment
  • Hearing Aids
  • Ophthalmic Products
  • Orthopedic Implants
  • Prosthetics
  • Soft Tissue Implants
2. Key Market Trends
3. Key Global Players
  • 3D Composites
  • Abbott Laboratories
  • AdvanSource
  • ASM International
  • Ashland, Inc.
  • Aspect Biosystems Ltd
  • B. Braun Melsungen AG
  • BASF SE
  • Baxter International, Inc.
  • Biomaterial LLC
  • Biomaterials Corp
  • Celanese Corp
  • Covestro AG
  • DuPont
  • Electro-Optical Systems (EOS) GmbH
  • Ensinger
  • EnvisionTEC, Inc.
  • Evonik Industries AG
  • Formlabs, Inc.
  • Foster Corp
  • Henkel AG & Co
  • Johnson & Johnson
  • Medtronic
  • Merck KGaA
  • Renishaw PLC
  • Royal DSM NV
  • Sanofi SA
  • Shin-Etsu Chemical Co Ltd
  • Stratasys Ltd
  • Stryker Corp
  • Wacker Chemie AG
4. Key Business & Product Trends
5. Global Market Overview
  • Global Biocompatible Materials Market Overview by Type
  • Biocompatible Materials Type Market Overview by Global Region
  • Ceramics
  • Composites
  • Metals
  • Polymers
  • Natural
  • Synthetic
  • Global Biocompatible Materials Market Overview by Application Area
  • Biocompatible Materials Application Area Market Overview by Global Region
  • Cardiovascular Devices
  • Dental Implants
  • Drug Delivery Systems
  • Electromedical Equipment
  • Hearing Aids
  • Ophthalmic Products
  • Orthopedic Implants
  • Prosthetics
  • Soft Tissue Implants
PART B: REGIONAL MARKET PERSPECTIVE
  • Global Biocompatible Materials Market Overview by Geographic Region
6. North America
  • North American Biocompatible Materials Market Overview by Geographic Region
  • North American Biocompatible Materials Market Overview by Type
  • North American Biocompatible Materials Market Overview by Application Area
  • Country-wise Analysis of North American Biocompatible Materials Market
  • The United States
  • United States Biocompatible Materials Market Overview by Type
  • United States Biocompatible Materials Market Overview by Application Area
  • Canada
  • Canadian Biocompatible Materials Market Overview by Type
  • Canadian Biocompatible Materials Market Overview by Application Area
  • Mexico
  • Mexican Biocompatible Materials Market Overview by Type
  • Mexican Biocompatible Materials Market Overview by Application Area
7. Europe
  • European Biocompatible Materials Market Overview by Geographic Region
  • European Biocompatible Materials Market Overview by Type
  • European Biocompatible Materials Market Overview by Application Area
  • Country-wise Analysis of European Biocompatible Materials Market
  • France
  • French Biocompatible Materials Market Overview by Type
  • French Biocompatible Materials Market Overview by Application Area
  • Germany
  • German Biocompatible Materials Market Overview by Type
  • German Biocompatible Materials Market Overview by Application Area
  • Italy
  • Italian Biocompatible Materials Market Overview by Type
  • Italian Biocompatible Materials Market Overview by Application Area
  • Russia
  • Russian Biocompatible Materials Market Overview by Type
  • Russian Biocompatible Materials Market Overview by Application Area
  • Spain
  • Spanish Biocompatible Materials Market Overview by Type
  • Spanish Biocompatible Materials Market Overview by Application Area
  • The United Kingdom
  • United Kingdom Biocompatible Materials Market Overview by Type
  • United Kingdom Biocompatible Materials Market Overview by Application Area
  • Rest of Europe
  • Rest of Europe Biocompatible Materials Market Overview by Type
  • Rest of Europe Biocompatible Materials Market Overview by Application Area
8. Asia-Pacific
  • Asia-Pacific Biocompatible Materials Market Overview by Geographic Region
  • Asia-Pacific Biocompatible Materials Market Overview by Type
  • Asia-Pacific Biocompatible Materials Market Overview by Application Area
  • Country-wise Analysis of Asia-Pacific Biocompatible Materials Market
  • China
  • Chinese Biocompatible Materials Market Overview by Type
  • Chinese Biocompatible Materials Market Overview by Application Area
  • India
  • Indian Biocompatible Materials Market Overview by Type
  • Indian Biocompatible Materials Market Overview by Application Area
  • Japan
  • Japanese Biocompatible Materials Market Overview by Type
  • Japanese Biocompatible Materials Market Overview by Application Area
  • South Korea
  • South Korean Biocompatible Materials Market Overview by Type
  • South Korean Biocompatible Materials Market Overview by Application Area
  • Rest of Asia-Pacific
  • Rest of Asia-Pacific Biocompatible Materials Market Overview by Type
  • Rest of Asia-Pacific Biocompatible Materials Market Overview by Application Area
9. South America
  • South American Biocompatible Materials Market Overview by Geographic Region
  • South American Biocompatible Materials Market Overview by Type
  • South American Biocompatible Materials Market Overview by Application Area
  • Country-wise Analysis of Asia-Pacific Biocompatible Materials Market
  • Argentina
  • Argentine Biocompatible Materials Market Overview by Type
  • Argentine Biocompatible Materials Market Overview by Application Area
  • Brazil
  • Brazilian Biocompatible Materials Market Overview by Type
  • Brazilian Biocompatible Materials Market Overview by Application Area
  • Rest of South America
  • Rest of South American Biocompatible Materials Market Overview by Type
  • Rest of South American Biocompatible Materials Market Overview by Application Area
10. Middle East & Africa
  • Middle East & Africa Biocompatible Materials Market Overview by Type
  • Middle East & Africa Biocompatible Materials Market Overview by Application Area
PART C: GUIDE TO THE INDUSTRY
PART D: ANNEXURE
  • Research Methodology
  • Feedback

Companies Mentioned

  • 3D Composites
  • Abbott Laboratories
  • AdvanSource
  • ASM International
  • Ashland, Inc.
  • Aspect Biosystems Ltd
  • B. Braun Melsungen AG
  • BASF SE
  • Baxter International, Inc.
  • Biomaterial LLC
  • Biomaterials Corp
  • Celanese Corp
  • Covestro AG
  • DuPont
  • Electro-Optical Systems (EOS) GmbH
  • Ensinger
  • EnvisionTEC, Inc.
  • Evonik Industries AG
  • Formlabs, Inc.
  • Foster Corp
  • Henkel AG & Co
  • Johnson & Johnson
  • Medtronic
  • Merck KGaA
  • Renishaw PLC
  • Royal DSM NV
  • Sanofi SA
  • Shin-Etsu Chemical Co Ltd
  • Stratasys Ltd
  • Stryker Corp
  • Wacker Chemie AG

Table Information