Global Implantable Biomaterials Market Set for One-Digit Growth, Expects IQ4I in Its Report Available at MarketPublishers.com
11 Jan 2017 • by Natalie Aster
LONDON – The world’s market for implantable biomaterials is set to grow at a CAGR of less than 10% in the near term. It is expected to be worth more than USD 12,124 million by 2022. This marketplace’s growth is ignited by such factors as a rise in R&D investments, population ageing, the increasing demand for plastic surgery, growing interest from end-users, and more. Advances in the 3D printing of biomaterials also support the growth.
Still there are some restraints: regulatory issues, limitations of biomaterials, biomaterials implants’ corrosion, and more.
In terms of types of biomaterials, synthetic polymers take the lead as they hold the biggest market share. This segment is set to showcase the highest CAGR through 2022.
In terms of types of synthetic polymers, Polyetheretherketone forms the largest segment, and its CAGR is set to be high in the near term.
The orthopedic application dominates the marketplace, but CAGR of the wound healing segment may be stronger in the coming years.
The world’s market is very fragmented, with such companies as Evonik Industries, Morgan Advanced Materials, Solvay Advanced Polymers and DMS Biomedical being leaders globally.
In-demand research report “Implantable Biomaterials Global Market - Forecast to 2022” developed by IQ4I Research & Consultancy Pvt. Ltd. offers comprehensive examination of the worldwide market for implantable biomaterials. The study provides a bird’s eye view of the marketplace.
It sheds light on drivers and opportunities of the global space. The report covers opportunities and threats in detail. The research study scrutinizes regulatory affairs and concentrates on technology advances.
It analyzes the supply chain, market shares belonging to top players and comprises Porter’s five forces analysis. The research report investigates the world’s marketplace by sources and application fields.
The study throws light on major regions as well as countries. It limelights the competitive landscape and discusses leading companies. Future outlook through 2022 is on hand in the research report, too.
More insightful studies by IQ4I are available at its page.