Worldwide Biomaterials Market trends & Forecasts to 2017

Biomaterials Market [By Products (Polymers, Metals, Ceramics, Natural
Biomaterials) & Applications (Cardiovascular, Orthopedic, Dental, Plastic
Surgery, Wound Healing, Tissue Engineering, Ophthalmology, Neurology
Disorders)] – Global Forecasts to 2017
Published: March 2013
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Global Biomaterials Market Forecasts to 2017
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.
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The global biomaterial market is dominated by North America, followed by Europe, Asia, and Rest of
the World (RoW). North America will continue to lead the biomaterial market in the years to come,
followed by Europe. North American market growth is likely to be driven by increasing government
investments in biomaterial sector, reimbursements offered by Centers for Medicare and Medicaid
Services (CMS) and rising aging population who are the main consumers of biomaterials. The North
American biomaterial market is expected to receive a significant push due to phenomenal increase in
new products such as botox, botulinum toxins, and hyaluronic-based injectables.
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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Ceramics: Aluminium Oxide,Zirconia,Calcium Phosphate,Calcium Sulfate,Carbon,Glass
Polymers:Nylon, Silicone Rubber,Polyester,Polyethylene, Polymethylmethacrylate (PMMA),Polyvinyl
Chloride
By Application:
Cardiovascular: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
Orthopedic: Joint Replacement/Reconstruction, Knee Replacement, Hip Replacement, Shoulder
Replacement, Others (Ankle arthroplasty, Elbow arthroplasty, Wrist arthroplasty, and Finger
arthoplasty), Viscosupplementation, Suture Anchors, Interference Screws, Meniscal Repair Tacks,
Mesh, (DBM), Orthobiologics, Autografts, Allografts, Synthetics, Bone Morphogenetic proteins
(BMP), Growth Factors, Stem Cell Therapy
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)
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Worldwide Biomaterials Market trends & Forecasts to 2017

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Worldwide Biomaterials Market trends & Forecasts to 2017