Europe Biomaterials Market industry statistics, investment opportunities, forecast 2021

Europe Biomaterials Market by Material type, by Application, and by Region – Industry Analysis, Size, Share, Growth, Trends, and Forecast (2016 – 2021)

The Europe Biomaterials market is poised to reach $36.087 Billion by 2021, growing at a CAGR of 14% during the forecast period. The recent upsurge in the use of biomaterials is mainly attributed to the tremendous research on advancements in medical technology for the efficient functionality of medical implants. Concerns of biocompatibility and demand for superior implant mechanical performance have added to the need for advancements in medical technology.

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Increase in government grants and funding, and massive usage of polymer in biomaterials are some of the factors driving the growth of Europe biomaterials market. Further, with the escalation in number of geriatric patients, the demand for usage of biomaterials in cardiology, wound healing, neurology and plastic surgery is also on a rise. Besides, new technologies such as hydrogen scaffolding and decellularized dermal matrixes for grafting will also contribute to the strong market growth.

However, adverse reaction to biomaterial implants, inflammation and fracture issues, high cost associated with and difficulties in manufacturing are the major factors off-putting the growth for Europe biomaterials market.

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Based on the types of material, the Europe biomaterials market is categorized into ceramic, metallic, polymers, and natural biomaterials. Polymers will have the fastest growth rate in the coming years owing to its increased applications in healthcare and distinct material properties such as bio- inertness, flexibility, longevity, biocompatibility and durability.

Further, based on application, the market is segmented into orthopaedic, dental, cardiovascular, plastic surgery, tissue engineering, wound healing, ophthalmology, neurological /central nervous systems, and other applications which include drug delivery systems, bariatric surgery, gastrointestinal and urinary applications. With the rising incidences of ophthalmic disorders, the mainstream usage of polymers for ophthalmological purposes will surge in the next few years. Moreover, on the basis of geography, the Europe Market is analysed under various regions namely, UK, Spain, Italy, Germany and France.

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Biomaterials Market Segmentation:
By Material type
• Ceramic
• Metallic
• Polymer
• Natural

By Application
• Orthopaedic
• Dental
• Cardiovascular
• Plastic surgery
• Wound healing
• Ophthalmology
• Tissue engineering
• Neurological
• Others

Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Contact Details

Company Name: Market Data Forecast
Issued By: Pradeep Tatikonda
Phone: +1-888-702-9626
Address: kukatpally Hyderabad
City: Hyderabad
State: Telanagana
Zip: 500072
Country: India
Website: Visit the website

Keywords : Europe Biomaterials Market,

by Pradeep Tatikonda (few months ago!)

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