Global Bioactive Materials Market By Material (Glass, Composites, Glass Ceramics, and Other Materials), By Type (Moldable, Granules, and Other Types), By Application, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Mar 2022
- Report ID: 31183
- Number of Pages: 330
- Format:
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Bioactive Materials Market Overview
The global bioactive materials market was worth USD 2.69 Billion in 2021. It is projected to grow at a CAGR of 13.2% between 2023 and 2032.
Market growth is expected to be driven by rising demand for better implantable materials and the growing concern to replace traditional metal implants. Bioactive materials are more compatible with fluids and tissues than traditional metal implants, which increases their use in body tissue healing and repair. The market is also growing because of its use in antibacterial products, pharmaceuticals, and cosmetics.
Global Bioactive Materials Market Analysis
Type Analysis
Powdered products accounted for 40.2% of the total revenue in 2021. This is due to the high demand for them as fillers in complex organ structures and their ability to stimulate cell proliferation in the healthcare sector. Powdered products are effective in allowing the movement of body fluids and the growth of tissue via the implant process. In the coming years, segment growth will be fueled by the development of metallurgical techniques as well as related studies in order to fabricate different types of bioactive material in the field of orthopedics.
Material Analysis
In 2021, the glass segment dominated the market and represented more than 31% of global revenue. The main bonding agent is the implant material’s bioactivity and biocompatibility in the human body. This is what drives the segment growth. Low fracture toughness and brittleness of glass-ceramics materials are some of the characteristics that make them stand out in this category. These extraordinary properties are what have fueled the growth of the glass-ceramics segment.
Application Analysis
Due to increased consumer spending on root canals and other dental treatments, the dentistry segment dominated the market. It accounted for over 42.9% of the global revenue share in 2021. This segment will see an increase in demand for materials such as ceramics, calcium hydroxide, and calcium phosphate over the forecast period. There is a growing demand for pulp capping, permanent restorations of teeth, and tooth-re-mineralization products.
Due to its superior and post-surgery performance, the product demand for surgery applications is expected to rise at a significant pace over the forecast period. The forecast period will also see a rise in advanced surgical procedures such as craniofacial reconstruction, tissue augmentation, plastic surgery, and tissue augmentation. Implants related to heart valves are grafts and stents, artificial joints, tendons, ligaments, and devices that stimulate nerves and cell growth.
Key Market Segments
By Material
- Glass
- Composites
- Glass Ceramics
- Other Materials
By Type
- Moldable
- Granules
- Powder
- Other Types
By Application
- Bioengineering
- Dentistry
- Surgery
- Other Applications
Market Dynamics
Due to increased focus on healthcare facilities, the U.S. will be the largest North American market. According to the American Dental Association, the country will see an increase in dental care and dentistry-related applications, which is expected to boost market growth over the next few years. Product demand is expected to rise due to the changing eating habits and growing global geriatric population.
The market is also growing due to increased product use in orthopedics and bioengineering. These materials are used for transplants, repair, regeneration, and reconstruction of cells. This will drive demand and help to support market growth over the next few years. These products are highly resistant to wear and tear, bacterial micro-leakage, moisture, and other factors. This is driving increased demand for them in many industries. The high cost of setting up advanced technology and tools used in processing and application will be a significant hindrance to the growth of this global market.
Regional Analysis
North America dominated the global market for bioactive materials in 2021, accounting for 41.2% of the total revenue. Due to an increase in dental and orthopedic surgeries, the regional market will continue to grow at a rapid pace over the forecast period. The Asia Pacific will be the fastest growing regional market between 2023 and 2032 due to rising healthcare spending in key economies like China, India, and Japan.
The region’s market growth is also being supported by supportive government policies and investments that support the growth of the health sector. The region is expected to see an increase in dental and surgical application demand due to rising cases of oral pre-cancer and cancers. Due to rising consumer awareness regarding health and well-being, Europe’s market is expected to experience promising growth during the forecast period. Market growth will also be influenced by the rising adoption of healthcare products over the forecast period.
Key Regions and Countries covered in thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
The major companies are trying to come up with cost-effective and advanced-implant-oriented products to cater to rising demand and thus leading to overall market growth. The success of the market depends on government support and research institutions for product and technical approvals. The industry will grow through the adoption of key business strategies, including technical collaborations and M&A.
The following are some of the most prominent players in the global bioactive material market:Маrkеt Кеу Рlауеrѕ:
- Zimmer Holding Inc.
- Medtronic Inc.
- Stryker Corporation
- DePuy Synthes
- Biomatlante
- Arthrex, Inc.
- Pulpdent Corporation
- Lasak s.r.o
- Bioretec Ltd.
- Septodont Holding
- Other Key Players
For the Bioactive Materials Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Market Size in 2022
2.69 Billion
Growth Rate
13.2%
Forecast Value in 2032
10.52 Billion
Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
What is the size of the bioactive materials Market in 2021?The bioactive materials Market size is US$ 2,690 million in 2021.
What is the projected CAGR at which the bioactive materials Market is expected to grow at?The bioactive materials Market is expected to grow at a CAGR of 13.2% (2023-2032).
List the segments encompassed in this report on the bioactive materials Market?Market.US has segmented the bioactive materials Market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Type, the market has been further divided into Powder, Moldable, Granules, and Other Types. By Material, the market has been further divided into Glass, Glass Ceramics, Composites, and Other Materials. By Application, the market has been further divided into Dentistry, Surgery, Bioengineering, and Other Applications.
List the key industry players of the bioactive materials Market?Zimmer Holding Inc., Medtronic Inc., Stryker Corporation, DePuy Synthes, Biomatlante, Arthrex, Inc., Pulpdent Corporation, Lasak s.r.o, Bioretec Ltd., Noraker, and Other Key Players engaged in the Bioactive Materials Market.
Which region is more appealing for vendors employed in the bioactive materials Market?North America is expected to account for the highest revenue share of 41.2%. Therefore, the bioactive materials industry in North America is expected to garner significant business opportunities over the forecast period.
Name the key areas of business for bioactive materials?The US, India, China, Canada, UK, Japan, & Germany are key areas of operation for the bioactive materials Market.
Which segment accounts for the greatest market share in the bioactive materials industry?With respect to the bioactive materials industry, vendors can expect to leverage greater prospective business opportunities through the powdered segment, as this area of interest accounts for the largest market share.
- Zimmer Holding Inc.
- Medtronic Inc.
- Stryker Corporation Company Profile
- DePuy Synthes
- Biomatlante
- Arthrex, Inc.
- Pulpdent Corporation
- Lasak s.r.o
- Bioretec Ltd.
- Septodont Holding
- Other Key Players
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