Market revenue in 2023 | USD 8,269.0 million |
Market revenue in 2030 | USD 23,699.7 million |
Growth rate | 16.2% (CAGR from 2023 to 2030) |
Largest segment | Metallic |
Fastest growing segment | Natural |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Polymers, Natural, Ceramics, Metallic |
Key market players worldwide | Medtronic PLC, Evonik Industries AG, Carpenter Technology Corp, GNI Group Ltd, Invibio, Zimmer Biomet Holdings Inc, Basf SE, Covalon Technologies Ltd, Stryker Corp, Johnson & Johnson, Dentsply Sirona Inc, Corbion NV, CoorsTek |
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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 40.04% in 2023. Horizon Databook has segmented the Canada biomaterials market based on polymers, natural, ceramics, metallic covering the revenue growth of each sub-segment from 2018 to 2030.
The market for Canada's biomaterials is growing rapidly and includes a wide range of materials utilized in medical devices, drug delivery systems, tissue engineering, and regenerative medicine. A rise in cardiovascular disorders and rise in need for medical implants are drivers of the market.
Canada market for biomaterials is growing at a considerable pace. Factors such as suitable government initiatives, active participation of market entities, and extensive R&D in the area are factors driving regional growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada biomaterials market , including forecasts for subscribers. This country databook contains high-level insights into Canada biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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