Global Biomedical Metal Market Growth 2023-2029

Global Biomedical Metal Market Growth 2023-2029

Biomedical metals are used in the medical sector for their properties such as corrosion and wear resistance. They find applications in medical and dental implants as well as surgical equipment and other medical devices. The growing healthcare industry, with advancements in technology, has increased the demand for biomedical metals that are used in various medical treatments.

LPI (LP Information)' newest research report, the “Biomedical Metal Industry Forecast” looks at past sales and reviews total world Biomedical Metal sales in 2022, providing a comprehensive analysis by region and market sector of projected Biomedical Metal sales for 2023 through 2029. With Biomedical Metal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomedical Metal industry.

This Insight Report provides a comprehensive analysis of the global Biomedical Metal 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 Metal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biomedical Metal market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomedical Metal 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 Metal.

The global Biomedical Metal market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The global biomedical metal market will witness a steady growth during the forecast period due to the rise in aging demographics and the increase in the demand for orthopedic implants. Biomedical metals are used for several applications in the medical sector where the implants segment occupies the majority of the demand. The rise in demand for stainless steel in medical applications as one of the primary growth factors for this market. Properties such as corrosion and wear resistance, inertness, durability, cost effectiveness through mass production, recyclability, and easy to clean and sterilize have made stainless steel a suitable material for medical applications and it is used in various medical applications including implants, surgical instruments, and dental fixtures. The Americas will be the major revenue contributor to the market by 2021. The increase in the population aged above 65 years across the Americas increases the demand for biomedical metals and implants, particularly in reconstructive and spinal implants. The advancements in sophisticated medical technologies and the increasing R&D activities in the medical field will fuel the demand for biomedical metals in this region.

This report presents a comprehensive overview, market shares, and growth opportunities of Biomedical Metal market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Stainless Steel
Titanium
Cobalt-Based Alloy
Others

Segmentation by application
Implants
Surgical Instruments
Dental Application

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.
Carpenter Technology
Dentsply Sirona
Wright Medical Group
Zimmer Biomet

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biomedical Metal market?

What factors are driving Biomedical Metal market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biomedical Metal market opportunities vary by end market size?

How does Biomedical Metal break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.