The Global Biomaterials Market: Industry Analysis, Trends, Market Size and Forecasts to 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 20, 2018--The “Biomaterials Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global biomaterials market to grow with a CAGR of 11.5% over the forecast period of 2018-2024. Increasing investments for material research is anticipated to create better opportunities for the biomaterial market.
Major factors driving the growth of biomaterials market are raising number of hip and knee replacement procedures among old age people, growing orthopedic and neurology disorders, technological advancements growing demand for biomaterials in plastic surgery and wound healing applications worldwide.
Additionally, funds & allowances by government bodies to launch new products globally, impulsive growth anticipated for wound healing applications and plastic surgery, growing increase consciousness about the advantages of biomaterials products, and developments in medical technology are also boosting the growth of this market.
On the other hand factors such as incidence of inflammatory responses due to compatibility issues, high cost of biomaterial production and difficulties connected with the use of these products are hampering the growth of biomaterials market.
In terms of geographic, North America holds the largest market share in global biomaterials market followed by Europe and Asia Pacific.
Key Topics Covered
2. Executive Summary
3. Global Biomaterials Market Overview
4. Biomaterials Market Macro Indicator Analysis
5. Global Biomaterials Market by Type
6. Global Biomaterials Market by Application
7. Global Biomaterials Market by Region 2018-2024
8. Company Profiles and Competitive LandscapeAdvanSource Biomaterials Corporation Biomet, Inc. Celanese Corporation Ceradyne, Inc. Collagen Matrix, Inc. Corbion Purac DuPont Inc. Evonik Industries AG Invibio, Inc. Orthofix Holdings, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/chcvvn/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005786/en/
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INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY
SOURCE: Research and Markets
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PUB: 09/20/2018 02:33 PM/DISC: 09/20/2018 02:33 PM