{"id":114658,"date":"2021-05-21T14:00:00","date_gmt":"2021-05-21T14:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=28732452873245"},"modified":"2021-05-21T14:00:00","modified_gmt":"2021-05-21T14:00:00","slug":"biomaterials-market-worth-47-5-billion-by-2025","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/05\/21\/biomaterials-market-worth-47-5-billion-by-2025\/","title":{"rendered":"Biomaterials Market worth $47.5 billion by 2025"},"content":{"rendered":"

\"\"<\/p>\n

According to the new market research report\u00a0\u201c<\/strong>Biomaterials Market<\/a>\u00a0by Type of Materials (Metallic, Ceramic, Polymers, Natural), Application (Cardiovascular, Orthopedic, Dental, Plastic Surgery, Wound Healing, Neurological disorders, Tissue Engineering, Ophthalmology) \u2013 Global Forecast to 2025\u2033,<\/strong>\u00a0published by MarketsandMarkets\"\u2122\", the global Biomaterials Market is projected to reach\u00a0USD 47.5 billion<\/span>\u00a0by 2025 from\u00a0USD 35.5 billion<\/span>\u00a0in 2020, at a CAGR of 6.0% during the forecast period.<\/p>\n

Browse in-depth TOC on\u00a0<\/em>\u201cBiomaterials Market\u201d<\/p>\n

333 \u2013 Tables
47 \u2013 Figures
298 \u2013 Pages<\/p>\n

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https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=393<\/a><\/p>\n

The Growth in this market is primarily attributed to increasing funds and grants by government bodies and universities for the development of novel biomaterials, increasing demand for implantable devices, growing demand for biomaterials in plastic surgery and wound healing applications, rising incidences of cardiovascular diseases, and rising awareness and research on regenerative medicine.<\/p>\n

The metallic biomaterials segment accounted for the largest share of the type segment in the market in 2019.<\/p>\n

<\/strong>On the basis type of materials, the biomaterials market is broadly segmented into Metallic, Polymeric, Ceramic, and Natural biomaterials. In 2019, Metallic biomaterials accounted for the largest share of the market. This can primarily be attributed to the wide use of metals in the manufacturing of medical devices used in cardiovascular, dental, and orthopedic applications.<\/p>\n

The cardiovascular application segment accounted for the largest share of the application segment in the market in 2019.<\/p>\n

<\/strong>Based on application, the biomaterials market is categorized into seven segments\u2014 cardiovascular, orthopedic, ophthalmology, neurological\/central nervous system (CNS), dental, tissue engineering, wound healing, plastic surgery, and other applications. The cardiovascular application segment accounted for the s=largest share of the market in 2019. The large share of this segment can be attributed to the increasing prevalence of cardiovascular diseases, rising geriatric population, increasing angiography procedures, and the growing adoption of cardiac stents, pacemakers, and implantable cardiac defibrillators.<\/p>\n

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The\u00a0Asia Pacific<\/span>\u00a0region is the fastest-growing region of the biomaterials market in 2019.<\/p>\n

<\/strong>In 2019,\u00a0Asia Pacific<\/span>\u00a0region accounted for the fastest-growing region of the market. It is also estimated to grow at the highest CAGR in the metallic biomaterials market during the forecast period, this is mainly due to\u00a0Japan\u2019s<\/span>\u00a0growing healthcare industry, increasing geriatric population, rising number of cosmetic and plastic surgeries in\u00a0India<\/span>, lucrative medical devices industry, and favorable tax policies in\u00a0China<\/span>.<\/p>\n

Some of the prominent players in the biomaterials market are BASF SE (Germany<\/span>), Covestro AG (Germany<\/span>), Celanese Corporation (US), Corbion (Netherlands<\/span>), Royal DSM (Netherlands<\/span>), Evonik Industries (Germany<\/span>), Carpenter Technology Corporation (US), Berkeley Advanced Biomaterials (US), Cam Bioceramics B.V. (Netherlands<\/span>), CoorsTek Inc. (US), CeramTec (Germany<\/span>), and\u00a0GELITA AG<\/span>\u00a0(Germany<\/span>).<\/p>\n

\n

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Mr. Ashish Mehra
MarketsandMarkets\"\u2122\" INC.
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USA : 1-888-600-6441<\/p>\n<\/p>\n<\/div>\n

The post Biomaterials Market worth $47.5 billion by 2025<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

According to the new market research report “Biomaterials Market by Type of Materials (Metallic, Ceramic, Polymers, Natural), Application (Cardiovascular, Orthopedic, Dental, Plastic Surgery, Wound Healing, Neurological disorders, Tissue Engineering, Ophthalmology) – Global Forecast to 2025″, published by MarketsandMarkets™, the global Biomaterials Market is projected to reach USD 47.5 billion by 2025 from USD 35.5 billion in 2020, at a CAGR of 6.0% […]<\/p>\n

The post Biomaterials Market worth $47.5 billion by 2025<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n

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