Press release
Biomaterials Market - Top Players and Growth Strategies| BASF SE (Germany), Covestro AG (Germany), Celanese Corporation (US), Corbion (Netherlands), Royal DSM (Netherlands), Evonik Industries (Germany), Carpenter Technology Corporation (US)
Biomaterials Market worth $47.5 billion by 2025
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Technological advancements in lab freezers also drive the growth of this market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The global Biomaterials market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Biomaterials Market Segmentation
Global Biomaterials Market, by Application
• Cardiovascular
• Orthopedic
• Ophthalmology
• Dental
• Plastic Surgery
• Wound Healing
• Tissue Engineering
• Neurological/Central Nervous System
Applications
• Other Applications
Geography
o North America
o Europe
o Asia
o ROW
Global Biomaterials Market Vendor Analysis
To help businesses improve their market position, MnM report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Some of the major vendors of the global
Biomaterials market in the health care industry include:
BASF SE (Germany), Covestro AG (Germany), Celanese Corporation (US), Corbion (Netherlands), Royal DSM (Netherlands), Evonik Industries (Germany), Carpenter Technology Corporation (US), Berkeley Advanced Biomaterials (US), Cam Bioceramics B.V. (Netherlands), CoorsTek Inc. (US), CeramTec (Germany), and GELITA AG (Germany)
Regional Analysis
Asia Pacific region accounted for the fastest-growing region of the biomaterials market. It is also estimated to grow at the highest CAGR in the biomaterials market during the forecast period, this is mainly due to Japan's growing healthcare industry, increasing geriatric population, rising number of cosmetic and plastic surgeries in India, lucrative medical devices industry, and favorable tax policies in China.
Global Biomaterials Market Key Highlights
• CAGR of the market during the forecast period
• Detailed information on factors that will assist global Biomaterials market growth during the next five years
• Estimation of the global Biomaterials market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the global Biomaterials market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of global Biomaterials market vendors
Key Developments in Global Biomaterials Market
• Royal DSM (Netherlands) and ProMed Pharma (US) partnered for the development of novel sustained release drug delivery solutions in the polymeric drug delivery area.
• Covestro AG (Germany) signed an MoU with a group of ten companies and two research organizations with an aim to build a Composite Application Center (CAC) in Singapore. This was aimed to develop end-to-end solutions for advanced composites, such as thermoplastic materials.
• Celanese Corporation (US) announced an expansion of its production facility of thermoplastic co-polyesters. This expansion is expected to support the demand of its global engineered
Each of these players has been profiled in the global Biomaterials market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
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Mr. Aashish Mehra
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