Press release
Biocompatible Materials Market is anticipated to experience a CAGR of over 9% during the forecast period (2020 - 2030).
Biocompatible Materials Market to Reach US$ 347 Bn by 2030; COVID-19 Restrictions to Moderately Affect Growth Prospects in Near Term. According to a latest report published by Persistence Market ResearchBiocompatible materials can be used in dental, orthopedic, and cardiovascular implants, drug delivery, hearing aids, tissue engineering scaffolds, prosthesis, cosmetics, and another medical device, as they are easily mouldable, biodegradable, and cost-effective. Biocompatible polymers experience harmless decomposition, which accelerates the healing process in the body. Moreover, manufacturers are focusing on developing their biocompatible portfolios and expanding their application for various diseases such as orthopedic disease and cardiovascular disease.
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/32234
High prevalence of orthopedic and cardiovascular disorders and technological advancements represent additional opportunities for manufacturers. Hence, increasing investments by companies for advanced product development that are non-toxic and non-immunogenic are also expected to create growth opportunities for the biocompatible materials market. Approval and commercialization of novel biocompatible materials are providing a huge opportunity in developing countries.
Companies covered in Biocompatible Materials Market Report
Dupont
Ensinger
Stratasys Ltd.
Covestro AG
Foster Corporation
Merck KGaA
BASF SE (Exxon Mobil Corporation)
Wacker Chemie AG
Celanese Corporation
Royal DSM
Evonik Industries AG
Shin-Etsu Chemical Co. Ltd.
Henkel AG & Co.
Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/32234
Key Takeaways from Biocompatible Materials Market Study
The synthetic polymers segment, under material type, is expected to hold significant revenue share in the biocompatible materials market.
Surgical & medical instruments are the most attractive applications with the highest share, followed by biocompatible implants. These segments are expected to grow at a higher rate as compared to other applications.
In terms of regional growth, North America, Europe, and Asia Pacific are manufacturing hubs for biocompatible materials, and are anticipated to witness rapid growth in the global biocompatible materials market.
The COVID-19 outbreak has created hindrances for the growth of the biocompatible materials market, which will persist in the first half of 2021.
"Upsurge in demand for medical devices and biopharmaceutical products for treatment and diagnosis purposes will boost the global biocompatible materials market over the coming years," says a Persistence Market Research analyst.
Collaborations & Acquisitions - Key Strategies amongst Market Players
Leading players in the biocompatible materials market are strengthening their product portfolios by launching new products.
For instance, in June 2020, Ensinger launched Laser direct structuring (LDS): TECACOMP LCP LDS 1049426 black, based on a Liquid Crystal Polymer (LCP).
Various players in the biocompatible materials market are focusing on growth strategies such as expansion, collaborations, and agreement licences.
In September, 2018, DuPont escalated the manufacturing capacity of the Kinston, North Carolina unit, for elevated production of the bio-based, high-performance DuPont™ Sorona® polymer.
In May 2019, Stratasys partnered with Solvay for an authorized materials partner program. The partnership will leverage the deposition modelling process of Stratasys with FDM Technology™ in 3D printing applications.
In October 2020, Covestro acquired the Resins & Functional Materials business (RFM) segment from Royal DSM. The acquisition will strengthen the portfolio of sustainable coating resins.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the biocompatible materials market in its latest study, presenting historical demand assessment of 2015 - 2019 and projections for 2020 - 2020, on the basis of material type (polymers, metal, ceramic, and composites), application (surgical & medical instruments, implants, drug delivery, and others), end user (medical device manufacturers, academic and research institutes, and biopharmaceutical & pharmaceutical companies), across seven key regions.
Access Full Report @ https://www.persistencemarketresearch.com/checkout/32234
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About Us:
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Biocompatible Materials Market is anticipated to experience a CAGR of over 9% during the forecast period (2020 - 2030). here
News-ID: 2785823 • Views: …
More Releases from Persistence Market Research
Crates Market Is Expected to Reach US$ 8.7 Billion by 2033 - Persistence Market …
The global crates market plays a critical role in modern logistics, packaging, and supply chain operations across a wide range of industries. Crates are rigid containers designed to transport, store, and protect goods efficiently during handling, warehousing, and distribution. They are widely used in food and beverage, agriculture, pharmaceuticals, automotive, chemicals, and retail sectors due to their durability, stackability, and ability to support reusable and returnable packaging models. As supply…
Solar Power Mobile Devices Market Size to Reach US$ 12.7 Billion by 2033 - Persi …
The solar power mobile devices market is gaining rapid traction as consumers and industries increasingly seek portable, reliable, and sustainable power solutions. Solar powered mobile devices include smartphones, power banks, chargers, lighting systems, and communication equipment that integrate photovoltaic technology to generate electricity from sunlight. These devices are particularly valuable in off grid environments, emergency situations, outdoor activities, and regions with unreliable grid infrastructure.
Explore Full Report Quality - Free Sample…
Triethylene Glycol Market Size to Reach US$2.4 Billion by 2033 - Persistence Mar …
The global triethylene glycol market plays a crucial role across multiple industrial value chains, driven by its versatile chemical properties and wide applicability in energy, textiles, automotive, plastics, and consumer products. Triethylene glycol is a colorless, odorless, hygroscopic liquid known for its excellent moisture absorbing capability, low volatility, and relatively low toxicity compared to other glycols. These attributes make it a preferred choice in applications such as natural gas dehydration,…
Air Purifier Market Witnesses Strong Boom Amid Rising Air Quality Concerns
Introduction
The global air purifier market has gained significant traction in recent years as concerns over air quality, indoor pollution, and public health continue to intensify. Rapid urbanization, industrial expansion, rising vehicular emissions, and increasing awareness of respiratory health have positioned air purifiers as essential household and commercial appliances rather than luxury products. Air purifiers are designed to remove airborne contaminants such as dust, pollen, smoke, volatile organic compounds (VOCs), bacteria,…
More Releases for Biocompatible
Biocompatible surface treatment of medical equipment castings
The demand for Precision Casting [https://www.htprecisioncast.com/precision-casting/]s in the medical manufacturing industry is transitioning from "usable" to "absolutely reliable". When equipment related to life and health involves metal components, the low-pressure casting process leaves behind not only dimensional accuracy but also a threshold that must be crossed: biocompatible surface treatment. This process determines whether the casting can smoothly move from the factory to clinical application.
Why is it said that low-pressure casting…
Biocompatible Bioceramics Market Size Report 2025
On Mar 8, 2025, Global Info Research released a research report titled "Global Biocompatible Bioceramics Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report provides detailed data analysis of the Biocompatible Bioceramics market from 2020 to 2031. Including the market size and development trends of Biocompatible Bioceramics Market, it analyzes market size indicators such as sales, sales volume, average price and CAGR, it also provides a…
Biocompatible Ceramics Market Research Report 2025
"Global Biocompatible Ceramics Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031" is published by Global Info Research. It covers the key influencing factors of the Biocompatible Ceramics market, including Biocompatible Ceramics market share, price analysis, competitive landscape, market dynamics, consumer behavior, and technological impact, etc.At the same time, comprehensive data analysis is conducted by national and regional sales, corporate competition rankings, product types and applications. This report…
Medical Ceramics: Revolutionizing Healthcare with Biocompatible Implants
The application of Medical Ceramics is extensive, ranging from the development of medical devices and equipment to vital roles in bone and hip replacement surgeries as well as plastic surgery. the increasing demand for bioresorbable materials, along with advancements in the medical field, is expected to drive growth for manufacturers of medical ceramic products. amidst intensifying competition among key regional players in Asia Pacific, North America, and Europe, stakeholders in…
Biocompatible Materials Market - Building a Better Future: Biocompatible Shaping …
Newark, New Castle, USA - Growth Plus Reports has published a new report on Biocompatible Materials Market, which includes a detailed analysis based on competitors and important market segments (2023-2031). The Global Biocompatible Materials provides a thorough analysis of many segments such as opportunities, market size, developments, innovation, sales, and overall growth of leading players. The research is based on primary and secondary statistical data, and it includes both intuitive…
Biocompatible Materials Market (2021-2025) | Metal Polymers Falling Behind Synth …
Biocompatible materials are the critical ingredient in joints, dental, and bone plants, along with devices such as pacemakers and blood tubes. Biocompatible materials have become popular because of their minimal toxicity, carcinogenicity, teratogenicity, and immunogenicity. The biocompatible materials market is expected to record robust growth till 2025 largely due to 3D and 4D printed implants.
Get Sample of this Report (Including Full TOC, List of Tables & Figures): https://www.fairfieldmarketresearch.com/report/biocompatible-materials-market/
Biocompatible Materials Market…
