The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s implantable biomaterials market report forecasts the implantable biomaterials market size to grow to $198.4 Billion by 2027, with a CAGR (compound annual growth rate) of more than 11%

Learn More On The Implantable Biomaterials Market Report 2023 – https://www.thebusinessresearchcompany.com/report/implantable-biomaterials-global-market-report

Implantable Biomaterials Market Size Forecast
The global implantable biomaterials market is expected to grow from $113.64 billion in 2022 to $127.97 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The implantable biomaterials market is expected to grow from $198.4 billion in 2027 at a CAGR of 11.6%.

North America held the largest implantable biomaterials market share.

Key Implantable Biomaterials Market Driver ­– Allocation Of Funds By Government Organizations In The Development Of New Biomaterials
For instance, Drexel University granted USD 200,000 to the National Science Foundation for research on biomaterial-mediated control over macrophage behaviour that affects biomaterial vascularization. The support from government organizations in the development of new biomaterials will drive the implantable biomaterials market.

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Key Implantable Biomaterials Market Trend – Implementing 3D Printing Of Biomaterials
Major companies in the implantable biomaterials market are implementing 3D printing of biomaterials in manufacturing. For instance, Evonik is producing 3D printable biomaterials for medical technology that are used for manufacturing medical implants with permanent body contact and temporary body contact line of bioresorbable filaments and powders. Implants with permanent body contact are based on Vestakeep Peek, and with the temporary body, contact is based on Resume.

Implantable Biomaterials Market Segment
1) By Material: Metallic, Ceramic, Polymers, Natural
2) By Application: Dental, Cardiovascular, Ophthalmology, Orthopedic, Other Applications
3) By End-user: Hospitals, Ambulatory Surgical Centers, Specialty Clinics

Implantable Biomaterials Market Major Players and Strategies
Major players in the implantable biomaterials market are Evonik Industries AG, Royal DSM, Zimmer Biomet Holdings, Carpenter Technology Corporation, Collagen Matrix, Corbion, BASF SE, Invibio Ltd., and Celanese Corporation.

In April 2022, Integer Holdings Corporation, a US-based medical device company, acquired Connemara Biomedical Holdings Teoranta for an undisclosed amount. The acquisition would bring implantable biomaterial technology to Integer’s control and help its growth. Connemara Biomedical Holdings Teoranta is a Ireland-based manufacturer of biomaterials for cardiovascular implants.

The Implantable Biomaterials Global Market Report 2023 covers regional data on implantable biomaterials market size, implantable biomaterials market trends and drivers, opportunities, strategies, and implantable biomaterials market competitor analysis. The countries covered in the implantable biomaterials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

An implantable biomaterial is a natural or synthetic material that is used in medical applications to support, enhance, or replace damaged tissue or a biological structure.

View More Reports Related To The Implantable Biomaterials Market –

Biomaterials Global Market Report 2023
Implantable Drug Delivery Devices Global Market Report 2023
Orthopedic Biomaterials Global Market Report 2023

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