Global Biomedical Materials Market Growth (Status and Outlook) 2023-2029

Global Biomedical Materials Market Growth (Status and Outlook) 2023-2029

Product Code:459990

Published Date: Feb 08,2023

Pages: 114

Region: Global

Category: Medical Devices & Consumables

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Biomedical materials are materials used to diagnose, treat, repair or replace damaged tissues and organs or enhance their functions in organisms. It is closely related to the study of artificial organs and medical devices, and has become an important branch of contemporary materials science. Especially with the vigorous development and major breakthroughs of biotechnology, biomedical materials have become a hot spot for scientists from all over the world to conduct research and development.

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

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

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

The global Biomedical Materials market size is projected to grow from US$ 107840 million in 2022 to US$ 231270 million in 2029; it is expected to grow at a CAGR of 11.5% from 2023 to 2029.

Global Biomedical Materials key players include Johnson & Johnson, ZimmerBiomet, Medtronic, Abbott Laboratories, etc. Global top four manufacturers hold a share about 30%.

North America is the largest market, with a share over 55%, followed by Europe, and Rest of Asia, both have a share over 25 percent. 
In terms of product, Plastic Surgery is the largest segment, with a share over 20%. And in terms of application, the largest application is Treatment, followed by Health and Beauty.

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

Market Segmentation:
Segmentation by type
    Orthopaedic
    Cardiac Surgery
    Neurosurgery
    Plastic Surgery
    Other

Segmentation by application
    Treatment
    Health and Beauty

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.
    Johnson & Johnson
    ZimmerBiomet
    Medtronic
    Abbott Laboratories
    Stryker
    Boston Scientific
    Smith+Nephew
    B-Braun
    Straumann
    Danaher Corporation
    Dentsply Sirona
    Cook Medical
    Terumo
    MicroPort
    Lepu Medical