Market revenue in 2023 | USD 3,065.7 million |
Market revenue in 2030 | USD 7,235.7 million |
Growth rate | 13.1% (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 40.02% in 2023. Horizon Databook has segmented the Mexico biomaterials market based on polymers, natural, ceramics, metallic covering the revenue growth of each sub-segment from 2018 to 2030.
In this country, investments on biotechnology, development of new biomaterials, and R&D for product development & research programs are not as high as compared to the developed nations. The number of companies operating in this market in the country is also negligible.
Other factors impeding growth of this market are ambiguity of regulations pertaining to use of medical products & tools, which results in unsafe medical practice, and limited research related to healthcare, which involves scientists and clinicians within Latin America.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico biomaterials market , including forecasts for subscribers. This country databook contains high-level insights into Mexico biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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