Biomaterials play an integral role in medicine today like restoring function and facilitating healing for people after injury or disease. Biomaterials are natural or synthetic and are used in medical applications to support, augment, or replace damaged tissue or a biological function. The first historical usage of biomaterials dates to antiquity when ancient Egyptians used sutures made from animal sinew. The recent field of biomaterials syndicates medicine, biology, physics, and chemistry, and more current influences from tissue engineering and materials science. The field has grown significantly in the past decade due to discoveries in tissue engineering, regenerative medicine, and more.This growth is primarily driven by Increased Investment and Support by Government Bodies for the Development of Novel Biomaterials and Growing Incidence of Cardiovascular Diseases Worldwide.
Globally, a noticeable market trend is evident Growing Demand for Implantable Devices
. Major Players, such as Royal DSM (Netherlands), BASF SE (Germany), Corbion (Netherlands), Evonik Industries (Germany), Zimmer Biomet Holdings, Inc. (United States), Berkeley Advanced Biomaterials (United States), Cam Bioceramics B.V. (Netherlands), Bayer AG (Germany), Collagen Matrix, Inc. (United States) and Victrex plc (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Increased Investment and Support by Government Bodies for the Development of Novel Biomaterials
- Growing Incidence of Cardiovascular Diseases Worldwide
- Growing Demand for Implantable Devices
- Increasing Demand for Biomaterials in Plastic Surgery and Wound Healing Applications
- Strict Clinical & Regulatory Processes
Growing Healthcare Infrastructure in Emerging Economies
Deficiency of Skilled Surgeons
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