$21.12 Billion Implantable Biomaterials Market: Global

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News Desk 2018

Mar 10, 2017 at 9:00 AM 74

$21.12 Billion Implantable Biomaterials Market: Global Forecasts to 2023 - Miniaturization of Implant Devices and Increasing Minimally Invasive Surgery

Dublin, March 10, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Implantable Biomaterials Global Market: Forecast to 2023" report to their offering. The Implantable Biomaterials Global Market is Expected to Grow at a Single Digit CAGR to Reach $21,124.2 Million by 2022

The Implantable biomaterials by material type are classified as Metallic biomaterials, Synthetic polymers, Ceramic biomaterials, Natural biomaterials and Composite biomaterials.The synthetic polymers are dominating the market by occupying a largest share and expected to grow at a highest CAGR from 2015 to 2022. The market is expected to show a strong growth due to the high advanced healthcare facilities, increasing ageing population, increased growing awareness about the technological advancements, availability of Medicare and third party insurance facilities, easy availability of skilled personnel are driving the market growth. North America has witnesses lot of opportunities such as development of new biomaterials for ophthalmology, tissue engineering, plastic surgery, wound healing and increase in new products for e.g. hyaluronic based injectables will further fuel the market of biomaterials in this region. U.S. dominates the North American region with market share and expected to grow at high CAGR from 2015 to 2022.

Wound healing is the fastest growing segment with a high CAGR. Rise in demand for orthopedic products is encouraging implant device manufacturing companies to invest more in research and development and launch new products. For instance, in March 2016, Stryker Corporation received FDA clearance of the 3-D printed Titanium PL Posterior Lumbar Cage, marking another step in its strategy to deploy the new additive manufacturing technology to create new products and earn incremental revenue growth. The device is made from novel, highly porous titanium material designed for bone ingrowth and fixation in spinal conditions like degenerative disc disease, grade I spondylolisthesis, and degenerative scoliosis Factors Influencing Market

Drivers and Opportunities

Advances in 3D Printing of Biomaterials
Increasing Aging Population
Miniaturization of Implant Devices and Increasing Minimally Invasive Surgery
Demand for Orthopedic Implants
Increasing R&D Investments

Restraints and Threats

Limitations of Biomaterial-Base Products
Stringent Regulatory Processes for Approval of Biomaterials & Biomaterial Based Products

Companies Mentioned

3-D Matrix, Ltd.
3M Advanced Materials
AAP biomaterials gmbh
Abbott Ball Company, Inc.
ABLTi Corporation
AC Technologies, Inc.
Advanced Technology & Materials Corp.
AdvanSource Biomaterials Corporation
Allosource
Alloys International, Inc.
Amedica Corporation
Augma Biomaterials Ltd.
Barat Ceramics GmbH
Berkeley Advanced Biomaterials, Inc.
Biocomposites Ltd.
Calix Ceramic Solutions
CAM Bioceramics BV
Carpenter Technology Corporation
CDM Titanium
Celanese Corporation3
Cellulose Solutions
CeramTec GmbH
Chemviron Carbon
Clariant
Collagen Matrix, Inc.
Collagen Solutions Plc
CoorsTek, Inc.
Corbion N.V.
Daikin America, Inc.
Dow Corning Corporation
E.I. du Pont de Nemours and Company
Edelstahlzieherei Mark manufactures
Einco Biomaterial Ltda.
Elastagen Pty Ltd
Evonik Industries AG
Fort Wayne metals
Hermith GMBH
Hitachi, Ltd.
Jellagen Pty Ltd
Johnson Matthey Plc
Kyocera Corporation
Landec corporation
Machined Ceramics, Inc.
Magnesium Elektron
Maruwa CO., LTD
Materion Corporation
MediSil Corporation
Midatech
Mitsuboshi Belting Ltd
Morgan Advanced Materials plc
Noble Biomaterials Inc.
Noraker
NuSil Technology LLC
Olympus Terumo Biomaterials Corporation
Performance Plastics LTD.
Q-Med AB
Rauschert Steinbach GmbH
Reliance Industries Limited
Royal DSM
RTP Company
Sabic
San Jose Delta
Seikagaku Corp.
Shanghai Meidong Biomaterials Co., Ltd
Shenyang Top New Material Co., Ltd.
Sigma-Aldrich Co. LLC
SigmaGraft, Inc.
Sigmund Cohn Platinum
Solvay Advanced Polymers, LLC
Stainless Sales Corporation
Stanford Chemicals
Starch Medical, Inc.
T&D MATERIAL MFG. LTD
T.Q. Abrasive Machining
The Lubrizol Corporation
Ticona Gmbh
Tosoh Corporation
ulbrich stainless steels & special metals inc
Vericel Corporation
Victrex PLC
Vornia Biomaterials
VSMPO-Avisma
Vulcanium Metals International, LLC.
Xiamen Innovacera Advanced Materials Co., Ltd
Xylos Corporation
Zeus Biomaterials

For more information about this report visit http://www.researchandmarkets.com/research/25...mplantable

CONTACT: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Related Topics: Biomaterials

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