
Report ID: SQMIG35H2177
Report ID:
SQMIG35H2177 |
Region:
Global |
Published Date: February, 2025
Pages:
157
|
Tables:
69 |
Figures:
75
Taking the lead, North America emerged as the frontrunner in the global bioactive materials market, commanding an extensive revenue share surpassing 39%. This regional dominance is poised to extend further, exhibiting noteworthy growth throughout the forecast period. The impetus driving this expansion primarily stems from the escalating count of orthopedic and dental surgical procedures. This trend underscores the region's advanced healthcare infrastructure and the robust demand for bioactive materials to facilitate enhanced medical outcomes.
Meanwhile, the Asia Pacific region is poised to establish itself as the fastest-growing market segment from 2022 to 2030. This trajectory is underpinned by the escalating healthcare expenditures observed within key economies like China, India, and Japan. Supportive governmental policies and strategic investments dedicated to fostering healthcare sector advancement significantly contribute to the burgeoning growth experienced within this region.
Intriguingly, the region's elevated consumption of tobacco products, particularly in countries such as China and India, has led to a surge in cases of oral pre-cancer and cancers. This alarming health concern is anticipated to substantially drive the demand for bioactive materials, particularly within the dentistry and surgery applications, as these materials play a pivotal role in addressing such conditions and facilitating effective medical interventions.
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REQUEST FREE CUSTOMIZATIONBioactive Materials Market size was valued at USD 2.55 Billion in 2023 and is poised to grow from USD 2.88 Billion in 2024 to USD 7.67 Billion by 2032, growing at a CAGR of 13% during the forecast period (2025-2032).
The global bioactive materials market is highly competitive, with both well-established market leaders and newcomers competing to meet the rising demand for cutting-edge medical solutions. Due to their considerable experience and dedication to innovation, major market players like Johnson & Johnson, Straumann Group, and Zimmer Biomet Holdings continue to have a significant presence. These industry giants leverage their global reach, brand recognition, and robust distribution networks to maintain a competitive edge. 'Medtronic plc (Ireland)', 'Evonik Industries AG (Germany)', 'Carpenter Technology Corporation (United States)', 'Berkeley Advanced Biomaterials (United States)', 'Invibio Ltd (United Kingdom)', 'Zimmer Biomet Holdings, Inc. (United States)', 'BASF SE (Germany)', 'Covalon Technologies Ltd (Canada)', 'Stryker (United States)', 'Johnson & Johnson (United States)', 'Dentsply Sirona (United States)', 'CoorsTek Inc. (United States)', 'Corbion (Netherlands)', 'Royal DSM NV (Netherlands)', '3M Company (United States)', 'Amedica Corporation (United States)', 'Ceramtec GmbH (Germany)', 'Cam Bioceramics (South Korea)', 'Alphatec Spine, Inc. (United States)', 'Wright Medical Group, Inc. (United States)'
In order to improve patient outcomes and enable improved treatment options, there is an increasing demand for sophisticated medical materials, particularly bioactive materials, across all regions.
Rise of 3D Printing: The use of 3D printing in the medical industry has made it easier to tailor and create bioactive materials for implants and medical equipment customized for patients.
Taking the lead, North America emerged as the frontrunner in the global bioactive materials market, commanding an extensive revenue share surpassing 39%. This regional dominance is poised to extend further, exhibiting noteworthy growth throughout the forecast period. The impetus driving this expansion primarily stems from the escalating count of orthopedic and dental surgical procedures. This trend underscores the region's advanced healthcare infrastructure and the robust demand for bioactive materials to facilitate enhanced medical outcomes.
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Report ID: SQMIG35H2177