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EMAILWIRE.COM, December 22, 2017 )
Biomaterials are substances designed or engineered so that they can interact with biological systems such as tissues for medical or diagnostic purposes. Biomaterials are designed for specific purposes only. A material made for a purpose cannot be applied in another as they might not be compatible. They are generally synthesized in the laboratory using chemicals and several materials and polymers.
As they are mostly used for medical applications, they are generally made to be a part of a biological system such as hip implants or as a device which can replace a natural function of a system such as a heart valve. They are also used in surgical procedures, drug delivery and dental applications. Biopolymers are also made using biological or natural materials like cellulose, starch and proteins.
North America Biomaterials Market: Drivers and Restraints
Increased in demand for the use of biomaterials is majorly occurred to the extensive research conducted and developments made for advancements in medical technology so that the implants can function efficiently. Also, increased government investments and increasing use of biopolymers are some of the factors driving the growth of North America biomaterials market. Increasing number of geriatric patients, applications of biomaterials in cardiology, wound healing, neurology and plastic surgery are growing significantly. However, high cost of biomaterials and improper reimbursement policies are hindering the market growth.
Get accurate market forecast and analysis on the North America Biomaterials Market. Request a sample to stay up-to-date on the main trends affecting this market:
https://www.marketdataforecast.com/market-reports/north-america-biomaterials-market-17/request-sampleNorth America Biomaterials Market: Segmentation
By Material Type:
• Ceramic
• Metallic
• Polymer
• Natural
By Application:
• Orthopedic
• Dental
• Cardiovascular
• Plastic surgery
• Wound healing
• Ophthalmology
• Tissue engineering
• Neurological
• Others
North America Biomaterials Market: Overview
Based on Material type, biomaterials are majorly manufactured with metal. Hence, metallic materials hold the largest market share in North America biomaterials market. However, polymers are expected to be the fastest growing segment due to the increasing demand for biopolymers. Orthopedic and Cardiovascular implants are leading the biomaterials market since they find major applications in medical field. Almost 50% of the heart valves replaced in United States are made from biomaterials. Increase in sports and road accidents in United States are increasing the demand for implants made from biomaterials.
North America Biomaterials Market: Region-wise Outlook
Moreover, on the basis of geography, the North America market is analyzed under various regions namely, USA and Canada. North America is poised to account for the largest share of the biomaterials market. It is due to the presence of major manufacturers of biomaterials in this region and increase in healthcare expenditure.
Key Questions answered:
• What is the competitive landscape and market share of major players in the Biomaterials in North America?
• What are the views of physicians regarding the use of Biomaterials?
• What are the key, high growth markets that Biomaterials manufacturers should expand into? Which market segments are growing the fastest?
• What is the current and future Biomaterials market outlook in North America? What trends are affecting the North American market?
• What are the challenges and restraints that have restricted widespread usage of Biomaterials?
North America Biomaterials Market: Key Players
Some of the key players in the North America biomaterials market include Royal 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.
Reasons to buy North America Biomaterials Market Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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