San Francisco, 24 December 2018, Bioactive Materials Market Analysis By
Type (Powder, Moldable, Granules), By Material (Glass, Glass-Ceramic,
Composite), By Application, By Region, And Segment Forecasts, 2018 – 2025
The global bioactive materials market is expected to reach USD
3.29 billion by 2025, according to a new report by Grand View Research, Inc.
The market is expected to witness a CAGR of 10.1% over the forecast period,
owing to rising substitution of engineered plastics in implants.
Increasing healthcare
expenditure by the consumers is expected to drive the demand for bioactive
materials over the forecast period. Rising geriatric population is likely to
trigger the demand for such products primarily for use in the production of
prosthesis and implants, thereby driving the market over the next eight years.
Growing use of bioactive
materials for coating metal implants to promote bone healing &
osteogenesis, and mitogenesis of undifferentiated cells is expected to drive
the market growth over the forecast period. The demand for such products is
likely to rise on account of growing product adoption by consumers including
hospitals and private surgeons.
The industry is expected to
benefit from the rising technological advancements across the globe. In addition,
the products are expected to gain traction over the forecast period driven by
the superior performance in bone regeneration surgeries.
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Report On Bioactive Materials Market Analysis:
Further key findings from the report suggest:
·
Glass accounted for a market
share of 37.7% in 2016, of the material segment, growing at a CAGR of 12.4%
from 2017 to 2025, owing to its successful clinical applications and rising use
in tissue engineering
·
Powder accounted for 23.4% of
the overall revenue share in 2016, due to high demand in tooth implants and
other dentistry applications driven by superior amalgamation properties
·
The market for bioactive
materials in surgery is expected to grow at CAGR of 11.3% from 2017 to 2025.
Recent advancements in the stem cell technology have boosted the demand for
bioactive materials in the field of medicine and science and the trend is
expected to sustain over the forecast period
·
North America accounted for the
highest global share of 37.0% in 2016 driven by high per capita healthcare
spending owing to Affordable Care Act (ACA) introduced by the Obama
administration in 2010
·
Key participants of the
industry include Zimmer Holding Inc., Medtronic Inc., Stryker Corporation, and
Depuysynthes, with the companies focusing on new technology, excellent
performance and customized products to gain market share
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/advanced-materials
Grand View Research has segmented the
bioactive materials market on the basis of material, type, application and
region:
Bioactive Materials, Materials
Outlook (Revenue, USD Million, 2014 - 2025)
·
Glass
·
Glass Ceramic
·
Composite
·
Others
Bioactive Materials, Type
Outlook (Revenue, USD Million, 2014 - 2025)
·
Powders
·
Moldables & Injectables
·
Granules
·
Others
Bioactive Materials,
Application Outlook (Revenue, USD Million, 2014 - 2025)
·
Dentistry
·
Surgery
·
Bioengineering
·
Others
Bioactive Materials, Regional
Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
·
Middle East & Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-bioactive-materials-market
www.grandviewresearch.com/press-release/global-bioactive-materials-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
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