Biomaterials Market to Reach 128.7 Billion USD by 2023 Says Meticulous Research

1. Biomaterials Market 2018-2023 Biomaterials Market to Reach 128.7 Billion USD by 2023 Says Meticulous Research Meticulous Research®– leading global market research company published a research report titled “Biomaterials Market by Material Type [(Metal (Alloy, Pure Metal), Ceramic (Inert, Bioresorbable), Polymer, Natural Materials, Composites)], and Application (Heart Disease, Orthopedic, Neurostimulator)- Global Forecast to 2023”. Opthalmic, Dental Application, According to this latest publication from Meticulous Research®, the global biomaterials market will grow at a CAGR of 8.8% from 2018 to 2023 to reach USD 128.7 billion by 2023, driven by increasing incidence of chronic conditions with rising geriatric population, increasing demand for implantable medical devices, rising number of hip and knee replacements, significantly growing number of cosmetic & reconstructive plastic surgery procedures, and various technological advancements in this field. Moreover, factors such as growing healthcare market in emerging economies, increasing number of free trade agreement, and rising investments in the R&D for development of new biomaterials further provides major opportunities in the global biomaterials market. Get Free Sample Copy of This Report at Get Free Sample Copy of This Report at: : https://www.meticulousresearch.com/request https://www.meticulousresearch.com/request- -sample report/cp_id=4270 report/cp_id=4270 sample- - Key Findings from Biomaterials Market Report: Metallic Biomaterials Dominates the Global Market The use of implants has grown dramatically over the past years, driven by growing aging population and thereby the increasing incidence & prevalence of chronic diseases, and the desire of the patients to maintain the same level of activity and quality of life. Consequently, the demand for high-performance implantable biomaterials that can address unique challenges in cardiology, vascular therapy, orthopedics, trauma, spine, dental, and wound care has also been increasing steadily. Metals are used as biomaterials due to their excellent electrical and thermal conductivity and mechanical properties. Moreover, the availability of bioactive ceramics like hydroxyapatite has been improving its bone conductivity. Therefore, the wide adoption of metals in various applications has been significantly improving the patient’s life in recent years. Follow Us On:

2. Biomaterials Market 2018-2023 Cardiovascular application Segment Driving Gains The heart failure is one of the leading causes of morbidity and mortality all over the world. More than 5 million patients are suffering from chronic heart failure post- myocardial infarction caused due to ischemic heart disease. The disease develops over a period of time due to loss of cardiomyocytes. The condition is further aggravated due to complications related to obesity, hypertension, diabetes, smoking, and alcohol consumption. Currently available treatments for diseased blood vessels, heart valves and myocardium include organ transplantation from one individual to another, tissue transfer from a healthy site to the diseased site in the same individual (such as coronary artery bypass with autologous vein and Ross operation), and replacement by using artificial prosthesis (including synthetic vascular grafts, mechanical and biological valves and left ventricular assist device). However, advanced therapy such as tissue engineering helps to develop biological substitutes that restore, maintain, and improve tissue or organ function. This is emerging as an alternative approach to treat cardiovascular diseases. This alternative approach can be a permanent solution, a cost- effective treatment in the long term, and does not have any need of supplementary therapies which can further drive the gains in this application area. Browse in-depth Report with TOC at: https://www.meticulousresearch.com/product/biomaterials-market/ Market Segmentation: Based on type of materials, metals & alloys held the largest share of global biomaterials market in 2017 and expected to continue its dominance during the forecast period owing to the wide adoption of metallic biomaterials in orthopaedic implants due to their strength and resistance to fatigue degradation to provide strong and durable support & replacement to the damaged bones. In addition, they are also commonly used in dental, cardiovascular, and neuromuscular stimulation devices due to their good strength and electrical conductivity. However, composite biomaterials are the emerging and rapidly growing biomaterials owing to their rising adoption in various applications to optimize the level of mechanical, biological or chemical characteristics of various basic biomaterials in the bioimplants. On the basis of application, cardiovascular disease area accounted for the major share in the global biomaterials market in 2017. This was mainly attributed to the rising adoption of implantable medical devices like pacemaker, defibrillators, valves, heart monitors, and stents, and others for the prevention of sudden cardiac deaths (SCD) in patients at high risk for SCD with increasing incidence of cardiac arrest, atrial fibrillation, and atherosclerosis; increasing burden of high blood pressure; and congenital heart defects. However, other applications including plastic surgery, wound Follow Us On:

3. Biomaterials Market 2018-2023 healing, tissue engineering, urinary applications, and gastrointestinal application are expected to grow at the fastest CAGRs than other matured application areas during the forecast period. Based on geography, North America accounted for the major share of the global biomaterials market in 2017, followed by Europe, and Asia-Pacific. The major share of the North American region is mainly attributed to the matured healthcare market with higher healthcare expenditure, higher penetration & adoption of implantable medical devices and advanced surgical instruments, cordial reimbursement policies, and presence of large pool of patients with various chronic and non-communicable diseases. However, Asia-Pacific region offers lucrative growth potential for the biomaterials market during the forecast period owing to the increasing base of population with various chronic diseases, increasing awareness towards implantable devices coupled with rising healthcare expenditure, and increasing research and development activities in biomedical and translational field. To know the latest Trends, visit @ https://www.meticulousresearch.com/request-sample- report/cp_id=4270 Key questions answered in the report: •Which are the high growth market segments in terms of type of material, application, and regions/countries? •What is the historical market for biomaterials across the globe? •What are the market forecasts and estimates for the period of 2018-2023? •What are the major drivers, restrains, and opportunities in the global biomaterials market? •Who are the major players in the global biomaterials market and what share of the market do they hold? •Who are the major players in various countries and what share of the market do they hold? •What are the competitive landscapes and who are the market leaders by sub- region in the global biomaterials market? •What are the recent developments in the global biomaterials market? •What are the different strategies adopted by the major players in the global biomaterials market? •What are the geographical trends and high growth regions/countries? •Who are the local emerging players in the global biomaterials market and how do they compete with the global players? Follow Us On:

4. Biomaterials Market 2018-2023 About Us: The name of our company defines our services, strengths, and values. Since the inception, we have endeavoured to research, analyse and present the critical market data with great attention to details. Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Khushal Meticulous Research® Contact Sales- +1-646-781-8004 Email: sales@meticulousresearch.com Website: https://www.meticulousresearch.com Browse Our Blog: https://globalmarketstudy.blogspot.com/ Find us on: | LinkedIn | Twitter | Follow Us On: