Global Polymer Biomaterials Market was valued at USD xx Mn in 2019 and is expected to reach at USD xx Mn by 2027 at a CAGR of 14.65% over the forecast period 2020-2027.
To know about the Research Methodology :- Request Free Sample Report
The report covers an in-depth analysis of COVID 19 pandemic impact on Global Polymer Biomaterials Market by region and on the key players revenue affected till April 2020 and expected short term and long-term impact on the market.
A polymer biomaterial is defined by their function as a material in contact with living tissue. It is used as implantable in treatment of various disease or injuries, and to improve human health by restoring the function of tissue and organs in the body. The use of polymeric biomaterials is increased in pharmaceutical applications and medical devices in last few years as it satisfy the requirements of biomedical applications. Polymer biomaterials are used for tissue engineering and drug release because they have various advantage such as they avoid a permanent and chronic immune response. Various factors such as increasing spending and grants by government and private bodies, increasing demand in surgical applications, growth in aging population and increasing patients of cardiovascular diseases are driving the global polymer biomaterials market over the forecast period.
However, factors such as stringent clinical & regulatory processes, unfavourable healthcare reforms in the many underdeveloped countries and limitations of polymer biomaterials in many medical applications are restraining the market growth over the forecast period.
Global Polymer Biomaterials Market is segmented by polymer materials, by applications and by Regions. By polymer materials, Polymethylmethacrylate (PMMA) polymer materials held highest market share in 2019 and is expected to keep its dominance over the forecast period. Various favourable properties such as elastic modulus, compression modulus, fatigue, and viscoelasticity are important are determining their use in the various body parts such as for bone implants and prosthesis. Polymethylmethacrylate (PMMA) segment is followed by Polyethylene and Polyester polymer materials with xx% and xx% of market share respectively. Polyethylene and Polyester polymer materials are used in various medical applications such as drug delivery systems, diagnostic supports, and in tissue engineering. By application, plastic surgery application segment held highest market share in 2019 and is expected to keep its dominance over the forecast period owing to rising numbers of plastic surgeries across the globe.
By geography, North America held the highest market share in 2019 and is expected to keep its dominance over the forecast period owing to growing prevalence of cardiovascular and neurological diseases. In United States, as per the American Society of Plastic Surgeons (ASPS) statistics 17.7 million cosmetic procedures and 5.8 million reconstructive surgical procedures were performed in 2018 and this trend is expected to continue over next five years. US spent USD 16.5 billion on cosmetic procedures. Thus, increasing demand for plastic surgeries in United States is expected to create lucrative opportunities for polymer biomaterial over forecast period. DSM biomedical is emerging as industry leader in this region. DSM biomedical developing surgery specialty & other polymers for wide range of applications. DSM biomedical is doing collaborations and joint ventures with major medical device manufacturers and biopharmaceutical companies to increaser their business opeartions and regional presence. North America is followed by Europe and APAC. Europe held the second position in market with xx% of market share in 2019 and is expected to keep its dominance over the forecast period. Factors such as presence of major market players, increasing spending on R&D by private and public organisation on polymer biomaterials-based research, growing demand for plastic and cardiovascular surgeries are driving the market growth in this region.
Report covers in depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger & acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.
The objective of the report is to present a comprehensive analysis of the Global Polymer Biomaterials Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Polymer Biomaterials Market dynamics, structure by analyzing the market segments and project Global Polymer Biomaterials Market representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Polymer Biomaterials Market make the report investor’s guide.
Scope of Global Polymer Biomaterials Market: Inquire before buying
Global Polymer Biomaterials Market by Polymer Materials
• Silicone rubber
• Polymethylmethacrylate (PMMA)
• Polyvinylchloride (PVC)
Global Polymer Biomaterials Market by Application
• Plastic Surgery
• Wound Healing
• Neurological disorders
• Tissue Engineering
Global Polymer Biomaterials Market by Region
• North America
• MEA& Africa
• South Africa
Global Polymer Biomaterials Market Major Key Players
• Royal DSM (Netherlands)
• BASF SE (Germany)
• Evonik Industries (Germany)
• Berkeley Advanced Biomaterials (US)
• BASF SE
• Covalon Technologies Ltd.
• DSM biomedical
• Johnson & Johnson
• Dentsply Sirona; Inc
• Wright Medical Technology, Inc.
• Osteotech, Inc.
• Biomet, Inc.
• Zimmer Biomet
• W. L. Gore and Associates
• Invibio Ltd.
• Bezwada Biomedical, LLC.
For More Information Vist : https://www.maximizemarketresearch.com/market-report/global-polymer-biomaterials-market/69451/
Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & C
ommunications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.