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North America Biomaterials Market Research Report - Segmented By Material Type, Application, Country (United States, Canada, Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 3
Pages: 144

North America Biomaterials Market Size (2022 to 2027)

The North America biomaterials market size is predicted to be USD 38464.04 Million by 2022 and USD 75137.36 Million in 2027, growing at a CAGR of 14.33% during the forecast period, acting as a top-performing region in the global biomaterials market. In a short period, many patients worldwide have the quality of their lives improved with the aid of some implanted device. The materials from which these devices are built include metals, ceramics, polymers, and an array of composites. As we reach the end of the 20th century, the success of using these materials is increasing, both because of improved surgical skills, an improved understanding of how the body interacts with such devices.

The rise in the research and development institutes to develop innovative procedures in the medical sector is lavishing the market's demand extensively. In addition, biomaterials play a significant role in repairing or replacing a tissue function of the body, which is also an attribute fuelling the market's growth. Besides, the growing prevalence of novel biomaterials and their developments makes the shares of the market expansion in North America. Furthermore, increasing beauty consciousness and increasing preference for plastic surgery are leveraging the growth of the market.

However, the lack of knowledge over the best usage of the materials is slowly degrading the market's growth. The equipment in the laboratories requires massive amounts for installation and maintenance, which has remained a challenging attribute for the North America Biomaterials market developers. Stringent rules and regulations by the government in concern towards patient health conditions are limiting the market's growth.

Growing demand for effective treatment or diagnostic procedures in the medical sector is a significant factor anticipated to surge growth opportunities for the market. In addition, increasing incidences of chronic diseases and other infectious diseases are creating chances for the market. Furthermore, a rise in the funds from private and public organizations significantly influences the demand of the market. Also, increasing focus on introducing innovative products with the latest technology and ensuring better treatment procedures is ascribed to bolster the market's need.

This research report on the North American Biomaterials market has been segmented and sub-segmented the North America biomaterials market into the following categories:

By Material Type:

  • Ceramic
  • Metallic
  • Polymer
  • Natural

By Application:

  • Orthopedic
  • Dental
  • Cardiovascular
  • Plastic surgery
  • Wound healing
  • Ophthalmology
  • Tissue engineering
  • Neurological
  • Others

By Region:

  • The United States
  • Canada
  • Rest of North America

Regionally, the U.S. biomaterials market holds the highest shares of the market from the past decade and continues the same growth in the forecast period. A rise in capital income is one of the factors propelling the demand of the market. The increasing number of patients with cardiovascular problems is also likely to outshine the growth of the biomaterials market in the U.S.

The Canadian biomaterials market is positioned second in the leading dominant shares with the rise in the scale of pharmaceutical companies. Growing investments by the government in the construction of hospitals are leveraging the growth of the market. Also, increasing demand to level up the quality of medical products is accelerating the market's need.

KEY MARKET PLAYERS:

A few of the promising companies operating in the North American biomaterials market are DSM, Zimmer Biomet Holdings, Inc., Evonik Industries AG, Wright Medical Technology, Inc., Corbion N.V., Berkeley Advanced Biomaterials, Bayer AG, Carpenter Technology Corporation, Covalon Technologies Ltd., BASF SE, Invibio Ltd., Inc., CAM Bioceramics BV and Collagen Matrix, Inc.

1.Introduction                  

                1.1 Market Definition    

                1.2 Study Deliverables  

                1.3 Base Currency, Base Year and Forecast Periods           

                1.4 General Study Assumptions

2. Research Methodology                           

                2.1 Introduction              

                2.2 Analysis Design         

                2.3 Research Phases      

                                2.3.1 Secondary Research

                                2.3.2 Primary Research

                                2.3.3 Econometric Modelling

                                2.3.4 Expert Validation

                2.4 Study Timeline          

3. Overview                      

                3.1 Executive Summary

                3.2 Key Inferences         

                3.3 New Developments

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                      

                4.1 Market Drivers          

                4.2 Market Restraints    

                4.3 Key Challenges         

                4.4 Current Opportunities in the Market

5. Market Segmentation                              

                5.1 By Material type      

                                5.1.1 Ceramic

                                5.1.2 Metallic

                                5.1.3 Polymer

                                5.1.4 Natural

                5.2 By Application           

                                5.2.1 Orthopaedic

                                5.2.2 Dental

                                5.2.3 Cardiovascular

                                5.2.4 Plastic surgery

                                5.2.5 Wound healing

                                5.2.6 Ophthalmology

                                5.2.7 Tissue engineering

                                5.2.8 Neurological

                                5.2.9 Others

6. Geographical Analysis                              

                6.1 Introduction              

                6.2 United States            

                6.3 Canada         

7.Strategic Analysis                        

                7.1 PESTLE analysis         

                                7.1.1 Political

                                7.1.2 Economic

                                7.1.3 Social

                                7.1.4 Technological

                                7.1.5 Legal

                                7.1.6 Environmental

                7.2 Porter’s Five analysis              

                                7.2.1 Bargaining Power of Suppliers

                                7.2.2 Bargaining Power of Consumers

                                7.2.3 Threat of New Entrants

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry

8.Market Leaders' Analysis                          

                8.1 Collagen Matrix, Inc

                                8.1.1 Overview

                                8.1.2 Product Analysis

                                8.1.3 Strategic Evaluation and Operations

                                8.1.4 Financial analysis

                                8.1.5 Legal issues

                                8.1.6 Recent Developments

                                8.1.7 SWOT analysis

                                8.1.8 Analyst View

                8.2 Zimmer Biomet Holdings, Inc              

                8.3 Evonik Industries AG              

                8.4 Wright Medical Technology, Inc.,      

                8.5 Corbion N.V

                8.6 Berkeley Advanced Biomaterials       

                8.7 Bayer AG     

                8.8 Carpenter Technology Corporation  

                8.9 Covalon Technologies Ltd.    

9.Competitive Landscape                            

                9.1 Market share analysis            

                9.2 Merger and Acquisition Analysis        

                9.3 Agreements, collaborations and Joint Ventures          

                9.4 New Product Launches          

10.Expert Opinions                         

                10.1 Market Outlook     

                10.2 Investment Opportunities 

     Appendix                           

                a) List of Tables

                b) List of Figures              

  1. North America Biomaterials Market By Region, From 2022 - 2027 (USD Billion)
  2. North America Biomaterials Market By Material Type, From 2022 - 2027 (USD Billion)
  3. North America Ceramic Market By Region, From 2022 - 2027 (USD Billion)
  4. North America Metallic Market By Region, From 2022 - 2027 (USD Billion)
  5. North America Polymer Market By Region, From 2022 - 2027 (USD Billion)
  6. North America Natural Market By Region, From 2022 - 2027 (USD Billion)
  7. North America Biomaterials Market By Application, From 2022 - 2027 (USD Billion)
  8. North America Orthopedic Market By Region, From 2022 - 2027 (USD Billion)
  9. North America Dental Market By Region, From 2022 - 2027 (USD Billion)
  10. North America Cardiovascular Biomaterials Market By Region, From 2022 - 2027 (USD Billion)
  11. North America Plastic surgery Market By Region, From 2022 - 2027 (USD Billion)
  12. North America Wound healing Market By Region, From 2022 - 2027 (USD Billion)
  13. North America Ophthalmology Market By Region, From 2022 - 2027 (USD Billion)
  14. North America Tissue Engineering Market By Region, From 2022 - 2027 (USD Billion)
  15. North America Neurological Biomaterials Market By Region, From 2022 - 2027 (USD Billion)
  16. North America Others Market By Region, From 2022 - 2027 (USD Billion)
  17. United States Biomaterials Market By Material Type, From 2022 - 2027 (USD Billion)
  18. United States Biomaterials Market By Application, From 2022 - 2027 (USD Billion)
  19. Canada Biomaterials Market By Material Type, From 2022 - 2027 (USD Billion)
  20. Canada Biomaterials Market By Application, From 2022 - 2027 (USD Billion)

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