Bioactive Materials Market Analysis Report By Material, By Type, By Application, By Region And Segment Forecasts From 2021 To 2028

Synopsis

The global bioactive materials market was prized by USD 2.0 billion in 2020. It is estimated to witness 14.0% CAGR from 2021 to 2028.

Drivers

The increasing demand for the better implantable materials in addition to the growing interest to substitute the conventional usage of metal implants is projected to steer the enlargement of the market for bioactive materials, during the forecast period.

The bioactive materials contain a better as well as stronger bond capability with tissues and fluids. This impels their requirement for the body tissue curing plus restoring functions in the healthcare and medicinal industry.

Their use in the manufacturing of cosmetics, antibacterial, pharmaceutical products plus others is additionally pushing the expansion of the bioactive materials market. These products are opposing to the dampness, wear & tear and bacterial micro-leakage. This is raising their demand in diverse application businesses.

Restraints

The elevated system expenditures of sophisticated equipment and tools, utilized in the dispensation as well as use, is expected to perform like a main limitation for the expansion of the market.

Material Insight

In 2020, the glass section held above 30.0% revenue share and dominated the global bioactive materials market. The section is anticipated to increase further by the highest CAGR, during the forecast period. This enlargement is credited to the biocompatibility as well as bioactivity of the implant material, within the person’s body like the most important bonding means. The similar directs its use in the function of substitution as well as repairing of broken or injured bones. Sequentially, this is boosting the development of the section.

By 2028, the composites section is expected to hold the subsequent major revenue share. Glass-ceramics materials display fragility, low down breakage, robustness and apatite creation on their exterior, within the body. These outstanding possessions of a variety of glass-ceramics, made up of the materials, such as phosphorous, silicon dioxide, and calcium oxide, are adding to the augmentation of the glass-ceramics section.

Additional materials utilized in making of the product comprise bioresorbable biomaterials (tricalcium phosphate and polylactic–polyglycolic acid copolymers) and synthetic hydroxyapatite bioglass.

The usage of these products causes the development of a biologically operational carbonate apatite coating on diverse implants. Sequentially, this is likely to impel the expansion of others section, during the forecast period.

Type Insight

The powder type section held the major, more than 43.0% revenue share of the bioactive materials market, in 2020, because of the excessive demand for the powdered products due to their successful and easy function like a stuffing in the composite organ construction as well as ability of inspiring cell creation in the healthcare business.

Growing metallurgical procedures along with associated learning for the manufacture of dissimilar kind of bioactive materials in the subject of orthopedics are likely to stimulate the expansion of the section, during the near future.

The granules are the third major type of products, utilized in a variety of end use businesses, for example bioengineering, dentistry, and surgery. It is extensively utilized in the variety of bioactive glass granules like an alternate material for the bone. It causes enhanced bone associate in surgical procedure as well as a variety of bonds of inserts that are probable into bone cavities.

The others type section comprises moldable & injectable in addition to ceramics types. It discovers use in the creation of medications and post-implant restoration of cells & tissues. Increasing technical development in surgical and dentistry actions is likely to contain an optimistic effect on the enlargement of the market, throughout the forecast period.

Application Insight

The dentistry application sector held above 45.0% revenue share and dominated the global market, in 2020, because of the augmented end user expenditure on dental actions, for example root canals. The increase in utilize of materials like calcium phosphate, calcium hydroxide and ceramics, is expected to power the demand for the product in this application sector, during the forecast period.

On account of its post-surgery and superior functioning, the demand for the product in the surgery application sector is anticipated to rise by a major speed, during the forecast period. An increase in the acceptance of sophisticated surgical actions relating to the craniofacial reconstruction, plastic surgery and tissue augmentation, is likely to drive the product demand during the forecast period.

Others applications of the product contain implants associated with, grafts & stents, heart valves, and artificial joints, tendons & ligaments, in addition to the apparatuses which arouse cell along with the nerves propagation.

Regional Insight

In 2020, North America held the major, more than 39.0% revenue share and dominated the global bioactive materials market. As a result of the rising figure of dental as well as orthopedic surgical treatments, the local market will develop more by a major speed, during the forecast period.

On the other hand, due to the growing healthcare spending in major economies like Japan, China and India, Asia Pacific is likely to be the highest rising local market, during the forecast period. Besides, helpful government guidelines along with the funds supporting the enlargement of the healthcare division are increasing the expansion of the market within the state.

On account of the greater expenditure of tobacco products in the Asian nations similar to India and China the cases of oral pre cancer and cancers are increasing within the state. This is projected to augment the demand for the product in surgery and dentistry purpose.

The market in Europe is expected to observe hopeful expansion, during the forecasted period because of the increasing user alertness regarding the comfort and fitness. Likewise, increasing acceptance of the product in the healthcare division is estimated to contain an optimistic influence on the development of the market, during the forecast period.

Companies

The global market for bioactive materials extremely depends upon the government encouragement and research organizations for a range of technical and product supports. A variety of business policies taken on by the major players, for example merger & acquisition in addition to technological partnership, these factors are likely to add to the enlargement of the industry.

The key companies are seeking to raise, by means of highly developed implant oriented plus commercial products, to supply to the increasing demand and consequently initiate general expansion of the market.

Some of the companies for bioactive materials market are:

• Septodont Holding
• Bioretec Ltd.
• Bioactive Bone Substitutes Oy
• Arthrex, Inc.
• DePuy Synthes
• Medtronic Inc.
• C.I. TAKIRON Corporation
• Noraker
• Lasak s.r.o
• Pulpdent Corporation
• Biomatlante
• Stryker Corporation
• Zimmer Holding Inc.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global bioactive materials market report on the basis of material, type, application, and region:

• Material Outlook (Revenue, USD Million, 2017 - 2028)
    • Glass
    • Glass Ceramics
    • Composites
    • Others

• Type Outlook (Revenue, USD Million, 2017 - 2028)
    • Powder
    • Moldable
    • Granules
    • Others

• Application Outlook (Revenue, USD Million, 2017 - 2028)
    • Dentistry
    • Surgery
    • Bioengineering
    • Others

• Regional Outlook (Revenue, USD Million, 2017 - 2028)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • France
        • U.K.
    • Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
    • Middle East & Africa