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Global Biomaterial Market: To Grow at a 15% CAGR Says New Research Report at

Dallas, Texas (PRWEB) March 31, 2013

A biomaterial is a natural or synthetic material suited to replace or treat natural body tissues and organs on interaction with biological systems. It traces its history to more than 2000 years ago, when Romans, Chinese, and Aztecs used gold for dental applications. Biomaterials, which are also biocompatible, have since been adapted, improvised, and technically enabled to improve body functions and replace damaged tissues. They have evolved to include biodegradable materials that are easily dissolved in the body. Advances in technology and the emergence of innovative biomaterial products have enhanced their performance and applications.

The global biomaterial market is estimated to reach $88.4 billion by 2017 from $44.0 billion in 2012, growing at a CAGR of 15%. Increased investments, funding and grants by government bodies worldwide, incessant rise in the number of collaborations, conferences and research-related activities, technological advancements, increasing applications of biomaterials, and growing number of elderly people are the major factors propelling the growth of the biomaterial market globally ( . Immunological and inflammatory reactions, stringent regulatory systems, issue of fracture fatigue and wear and reimbursement concerns are the major deterrents curbing the biomaterial market.

The global biomaterial market witnesses a plethora of growth opportunities. Novel developments of biomaterial for wound healing, plastic surgery, tissue engineering, ophthalmology, and neurology, colossal pool of cardiac patients in Asia, rise of biomaterial market in China and Taiwan, and increased conferences and research-related activities in RoW countries are major factors influencing the growth of the biomaterial market. The burning issues affecting the growth of biomaterial market are challenges to tissue engineering and effect on suppliers by the Biomaterials Access Assurance Act.

Scope of the Report
This research report categorizes and analyzes the global biomaterial market under two broad segments - type and application. Both of these markets are broken down into segments and sub-segments, providing exhaustive value analysis for the years 2010, 2011, 2012, and forecast to 2017. Each market is comprehensively analyzed at a granular level by geography (North America, Europe, Asia, and Rest of the World) to provide in-depth information on the global scenario.

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Global Biomaterial Market Segmentation
By Type:

  •     Stainless Steel
  •     Titanium & Titanium Alloys
  •     Cobalt-Chrome Alloys
  •     Silver
  •     Gold
  •     Platinum


  •     Aluminium Oxide
  •     Zirconia
  •     Calcium Phosphate
  •     Calcium Sulfate
  •     Carbon
  •     Glass


  •     Nylon
  •     Silicone Rubber
  •     Polyester
  •     Polyethylene
  •     Polymethylmethacrylate (PMMA)
  •     Polyvinyl Chloride

Natural Biomaterial

  •     Collagen & Gelatin
  •     Cellulose
  •     Chitin
  •     Alginate
  •     Hyaluronic Acid

By Application:

  •     Catheters
  •     Guidewires
  •     Sensors
  •     Pacemakers
  •     Implantable Cardiac Defibrillators
  •     Vascular Grafts
  •     Heart Valves
  •     Stents
  •     Others-Extracorporeal Oxygenation, Artificial Kidney (hemodialyzer), Ventricular Assist Device (VAD), Sternum Closure Devices, Introducer Sheaths


  •     Joint Replacement/Reconstruction
  •     Knee Replacement
  •     Hip Replacement
  •     Shoulder Replacement
  •     Others (Ankle arthroplasty, Elbow arthroplasty, Wrist arthroplasty, and Finger arthoplasty)
  •     Viscosupplementation
  •     Knee Osteoarthritis
  •     Abdominal and Pelvic Surgeries
  •     Bioresorbable Tissue Fixation Products
  •     Suture Anchors
  •     Interference Screws
  •     Meniscal Repair Tacks
  •     Mesh
  •     Spine
  •     Spinal Fusion
  •     Minimally Invasive Fusion Surgery
  •     Motion Preservation/Dynamic stabilization
  •     Pedicle-based Rod Systems
  •     Interspinous Spacers
  •     Disc Arthroplasty
  •     Demineralised Bone Matrix (DBM)
  •     Orthobiologics
  •     Autografts
  •     Allografts
  •     Synthetics
  •     Bone Morphogenetic proteins (BMP)
  •     Growth Factors
  •     Stem Cell Therapy


  •     Dental Bone Graft Substitutes
  •     Dental Membranes
  •     Dental Implants
  •     Tissue Regeneration Materials

Plastic Surgery

  •     Soft Tissue Fillers
  •     Bioengineered Skins
  •     Acellular Dermal Matrices
  •     Craniofacial Surgeries
  •     Peripheral Nerve Repair
  •     Facial Wrinkle Treatment (Hyaluronic acid-based)

Wound Healing

  •     Fracture Fixation Devices
  •     Sutures
  •     Staples
  •     Bone plates
  •     Screws
  •     Pins
  •     Rods
  •     Wires
  •     Skin Substitutes
  •     Surgical Hemostats
  •     Internal Tissue Sealants
  •     Adhesion Barriers

Tissue Engineering

  •     Scaffolds for Regenerative Medicine
  •     Cell-materials Interface Engineering
  •     Self-assembled Biomimetic Copolymers
  •     Nanomaterials for Biosensing Applications
  •     Tailoring of Inorganic Nanoparticles (gold and quantum dots with bioactive peptides)


  •     Intraocular Lens
  •     Contact Lens
  •     Functional Replacements of Ocular Tissues
  •     Synthetic Corneas
  •     Others - vitreous replacement fluids, surface modification, protein adsorption of polymers used for refractive devices, retinal tamponades

Neurological Disorders/Central Nervous System (CNS)

  •     Shunting Systems
  •     Cortical Neural Prosthetics
  •     Hydrogel Scaffolds for CNS Repair
  •     Neural Stem Cell Encapsulation


  •     Gastrointestinal
  •     Urinary
  •     Drug Delivery Systems
  •     Bariatric Surgeries

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