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

Dublin, March 10, 2017 -- 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/25b6mk/implantable

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         Related Topics: Biomaterials