Global Biomaterials Market Size & Outlook, 2023-2030
Global biomaterials market, 2018-2030 (US$M)
Related Markets
Global biomaterials market highlights
- The global biomaterials market generated a revenue of USD 178,022.9 million in 2023 and is expected to reach USD 488,708.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 15.5% by 2030.
- In terms of segment, metallic accounted for a revenue of USD 71,126.8 million in 2023.
- Natural is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 178,022.9 million |
| Market revenue in 2030 | USD 488,708.1 million |
| Growth rate | 15.5% (CAGR from 2023 to 2030) |
| Largest segment | Metallic |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymers, Natural, Ceramics, Metallic |
Other key industry trends
- In terms of revenue, the North America accounted for 37.9% of the global biomaterials market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 767.7 million by 2030.
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Biomaterials Market Scope
Biomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biomaterials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biomaterials market will help companies and investors design strategic landscapes.
Metallic was the largest segment with a revenue share of 39.95% in 2023. Horizon Databook has segmented the Global biomaterials market based on polymers, natural, ceramics, metallic covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biomaterials Product Outlook (Revenue, USD Million, 2018-2030)
- Polymers
- Natural
- Ceramics
- Metallic
- Global Biomaterials Application Outlook (Revenue, USD Million, 2018-2030)
- Cardiovascular
- Sensors
- Stents
- Guidewires
- Implantable Cardiac Defibrillators
- Pacemakers
- Vascualr Grafts
- Others
- Opthalmology
- Synthetic Corneas
- Itraocular Lens
- Contact Lens
- Ocular Tissue Replacement
- Others
- Dental
- Tissue Regeneration Materials
- Dental Implants
- Bone Grafts & Substitutes
- Dental Membranes
- Others
- Orthopedic
- Joint Replacement Biomaterials
- Orthobiologics
- Bioresorbable Tissue Fixation Products
- Viscosupplementation
- Spine Biomaterials
- Others
- Wound Healing
- Fracture Healing Device
- Adhesion Barrier
- Skin Substitutes
- Internal Tissue Sealant
- Surgical Hemostats
- Others
- Tissue Engineering
- Plastic Surgery
- Facial Wrinkle Treatment
- Soft Tissue Fillers
- Craniofacial Surgery
- Bioengineered Skins
- Peripheral Nerve Repair
- Acellular Dermal Matrices
- Others
- Neurology
- Neural Stem Cell Encapsulation
- Shunting Systems
- Hydrogel Scaffold For CNS Repair
- Cortical Neural Prosthetics
- Others
- Others
- Cardiovascular
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Target buyers of Global biomaterials market databook
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Our clientele includes a mix of biomaterials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biomaterials market , including forecasts for subscribers. This global databook contains high-level insights into Global biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global biomaterials market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biomaterials market size, 2023 (US$M)
Global biomaterials market share, by product, 2023 & 2030 (%, US$M)
Biomaterials market: Opportunity assessment by country
Global biomaterials market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 36,488.0 | 41,083.0 | 45,961.0 | 51,816.6 | 59,094.1 | 67,557.9 | 77,488.9 | 88,971.3 | 102,243.4 | 117,535.3 | 135,179.2 | 155,535.7 | 178,968.9 | 14.9% |
| Europe | 26,603.1 | 30,194.5 | 34,054.6 | 38,709.0 | 44,512.3 | 51,314.9 | 59,357.5 | 68,737.2 | 79,674.9 | 92,392.7 | 107,201.5 | 124,446.4 | 144,487.7 | 15.9% |
| Asia Pacific | 21,065.4 | 24,119.4 | 27,444.4 | 31,475.2 | 36,522.1 | 42,489.1 | 49,603.1 | 57,978.4 | 67,838.7 | 79,417.7 | 93,035.0 | 109,052.5 | 127,860.1 | 17.0% |
| Latin America | 5,970.6 | 6,632.2 | 7,319.1 | 8,138.4 | 9,152.9 | 10,317.4 | 11,666.8 | 13,204.2 | 14,955.0 | 16,941.0 | 19,197.1 | 21,759.2 | 24,661.0 | 13.3% |
| MEA | 4,127.3 | 4,480.7 | 4,831.4 | 5,247.8 | 5,763.9 | 6,343.5 | 7,001.7 | 7,733.0 | 8,544.6 | 9,440.6 | 10,431.3 | 11,525.7 | 12,730.4 | 10.5% |
| Overall | 94,254.3 | 106,509.7 | 119,610.4 | 135,387.0 | 155,045.3 | 178,022.9 | 205,118.0 | 236,624.1 | 273,256.5 | 315,727.4 | 365,044.1 | 422,319.5 | 488,708.1 | 15.5% |
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