Global Biomedical Materials Market Growth (Status and Outlook) 2023-2029
Biomedical materials are materials used to diagnose, treat, repair or replace damaged tissues and organs or enhance their functions in organisms. It is closely related to the study of artificial organs and medical devices, and has become an important branch of contemporary materials science. Especially with the vigorous development and major breakthroughs of biotechnology, biomedical materials have become a hot spot for scientists from all over the world to conduct research and development.
LPI (LP Information)' newest research report, the “Biomedical Materials Industry Forecast” looks at past sales and reviews total world Biomedical Materials sales in 2022, providing a comprehensive analysis by region and market sector of projected Biomedical Materials sales for 2023 through 2029. With Biomedical Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomedical Materials industry.
This Insight Report provides a comprehensive analysis of the global Biomedical Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biomedical Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biomedical Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomedical Materials and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomedical Materials.
The global Biomedical Materials market size is projected to grow from US$ 107840 million in 2022 to US$ 231270 million in 2029; it is expected to grow at a CAGR of 11.5% from 2023 to 2029.
Global Biomedical Materials key players include Johnson & Johnson, ZimmerBiomet, Medtronic, Abbott Laboratories, etc. Global top four manufacturers hold a share about 30%.
North America is the largest market, with a share over 55%, followed by Europe, and Rest of Asia, both have a share over 25 percent.
In terms of product, Plastic Surgery is the largest segment, with a share over 20%. And in terms of application, the largest application is Treatment, followed by Health and Beauty.
This report presents a comprehensive overview, market shares, and growth opportunities of Biomedical Materials market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Orthopaedic
Cardiac Surgery
Neurosurgery
Plastic Surgery
Other
Segmentation by application
Treatment
Health and Beauty
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson & Johnson
ZimmerBiomet
Medtronic
Abbott Laboratories
Stryker
Boston Scientific
Smith+Nephew
B-Braun
Straumann
Danaher Corporation
Dentsply Sirona
Cook Medical
Terumo
MicroPort
Lepu Medical
Please note: The report will take approximately 2 business days to prepare and deliver.
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