Market Analysis - (2021) Volume 10, Issue 3
The global bone cement and glue markets are sure to succeed in USD one, 322.6 Million by 2022 from USD 993.0 Million in 2017, at a CAGR of five.9%. Market development is primarily driven by the rising prevalence of sports injuries and accumulative developments in the regenerative drugs field. In 2009, the orthopedical biomaterial market recorded revenues of $236.5 million or thirty-seven.5% of the overall biomaterial merchandise market. This can be principally attributable to accumulative application areas and starter of refined technologies within the biomaterials market. Anyhow, the orthopedical biomaterial market is calculable to grow at a CAGR of seventeen. 2% from 2010 to 2015. vas biomaterial merchandise market is that the 2nd market, causative 12 months of the overall biomaterial merchandise market. The 3D bioprinting market is probably going to succeed in USD one, 332.6 Million by 2021 from USD 411.4 Million in 2016, at a CAGR of twenty-six.5% throughout the prediction amount. Growing claim for organ transplantation, growing R&D, increasing public and personal investments in analysis, and rising use of 3D bioprinting in drug discovery area unit driving the expansion of this market. The worldwide 3D printing medical devices market is projected to succeed in USD one.88 Billion by 2022 from USD zero.84 Billion in 2017, at a CAGR of seventeen.5% throughout the forecast amount. The international bone cement and glue market are predicted to reach USD one, 322.6 Million by 2022 from USD 993.0 Million in 2017, at a CAGR of five.9%.
Market Growth Analysis
The 3D printing market space includes major corporations like Stratasys Ltd. (US), Eos GmbH (Germany ), 3D Systems Corporation (US), hap NV (Netherlands), SLM Solutions cluster Ag (Germany ), Arcam AB (Sweden), The ExOne Company (US), construct optical maser GmbH (Germany ), Vox eljet Ag (Germany ), Proto Labs, Inc. (US), Optomec opposition US. The dental consumables market is sure to witness substantial dev elopment within the coming back y ears. The worldwide dental consumables market is predicted to succeed in USD thirty -fiv e .35 Billion by 2021 from USD twenty - fiv e Billion in 2016, at a CAGR of half-dozen.8% from 2016 to 2021. The high price and partial compensation for attentio n and lack of dental professional’s area unit doubtless to detain the ev ent of biomaterials market.
Biomaterial Companies
The biomaterials market includes different kinds of biomaterials such as ceramics, composites, biodegradable, orthopedic materi als, etc. The market is anticipated to reach $130.57 billion by 2020, at progress of CAGR of 16% from 2015-2020 prediction. Biomateria ls hav e applications in the field of oncology .
The global tissue engineering market is poised to grow at a healthy 17.22% CAGR ov er the estimated y ears (2017- 2022). Tissue engineering simply put, is the utilization of combination of engineering materials, suitable biochemical factors and cells to replace or augment biological functions for repairing damaged organs and tissues. It is a method of biomaterial dev elopment combining biologically activ e molecules, cells and scaffolds into func tional tissues. Tissue engineering
Market Research Report
By region, the tissue engineering market cov ers growth opportunities and latest trends across North America, Europe, Asia Pacific and the Middle East and Africa. Of these, North America will hav e an edge ov er others during the estimated y ears. The factors can be attributed to growing dev elopments in regeneration surgeries, especially stem cell research that has opened new opportunities, ex istence of global market play ers and constant technological dev elopment methods. The tissue engineering market in Europe will hold the second major share owing to accessibility of funds for R&D activ ities, increasing support from the gov ernment for life science sector and industries that are constantly focusing and also upgrading 3D technology that is offering enhanced and better tissue and organ printing methods.
R&D in the healthcare domain, increasing use of technological dev elopment in the healthcare domain leading to improvement in healthcare facilities which is projected to fuel the market in this region ov er the estimated y ears. On the other hand, the tissue engineering market in the Middle Eas t and Africa is projected to hav e limited growth ow ing to less encouragement in the healthcare sector from the gov ernment, dearth of adv anced medical facilities and limited access to healthcare resources.
Journal of Material Sciences & Engineering received 3677 citations as per Google Scholar report
