Thailand Biomaterials Market Size & Outlook, 2023-2030
Thailand biomaterials market, 2018-2030 (US$M)
Related Markets
Thailand biomaterials market highlights
- The Thailand biomaterials market generated a revenue of USD 1,492.8 million in 2023 and is expected to reach USD 4,019.3 million by 2030.
- The Thailand market is expected to grow at a CAGR of 15.2% from 2024 to 2030.
- In terms of segment, metallic was the largest revenue generating product in 2023.
- Natural is the most lucrative product segment registering the fastest growth during the forecast period.
Biomaterials market data book summary
| Market revenue in 2023 | USD 1,492.8 million |
| Market revenue in 2030 | USD 4,019.3 million |
| Growth rate | 15.2% (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 |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.8% of the global biomaterials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan biomaterials market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 28,927.8 million by 2030.
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Biomaterials Market Scope
Biomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand 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 39.6% in 2023. Horizon Databook has segmented the Thailand biomaterials market based on polymers, natural, ceramics, metallic covering the revenue growth of each sub-segment from 2018 to 2030.
The need for biomaterials is growing in Thailand due to an aging population and an increase in health issues. The Thai biomaterials market is growing as a result of the rising demand for biomaterials in the production of surgical tools, implants, and prostheses.
Technological advancements have resulted in the development of new biomaterials and enhanced production processes. The growing ease and affordability of manufacturing superior biomaterials drives market growth.
Reasons to subscribe to Thailand biomaterials market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Thailand 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand biomaterials market , including forecasts for subscribers. This country databook contains high-level insights into Thailand biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand biomaterials market size, by product, 2018-2030 (US$M)
Thailand Biomaterials Market Outlook Share, 2023 & 2030 (US$M)
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