Bioactive Materials Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : Mar 2021 | No. of Pages : 250 Pages | Category : Chemical and Material

The global Bioactive Materials market size is expected to be worth around US$ 6.85 billion by 2030, according to a new report by Vision Research Reports.

The global Bioactive Materials market size was valued at US$ 2.0 billion in 2020 and is anticipated to grow at a CAGR of 14.04% during forecast period 2021 to 2030.

Growth Factors

Growing geriatric population coupled with the advancement in various surgical procedures is expected to drive the product demand in the market. Rising consumer awareness about health and well-being is projected to drive market growth during the forecast period.

The product helps in promoting structure and the transplanted stem cells offer enhanced therapeutic effects in surgeries. Thus, a wide scope of application for these products in the replacement and reconstruction of damaged cells, tissues, and bones is fueling the product demand in the surgery application sector. Moreover, increasing technological advancements coupled with the growing demand for dental care and orthopedics, due to high awareness about oral health & hygiene, are also supporting market growth.

The availability of favorable healthcare policies and fast-curing surgical & low-cost post-implant procedures in various developed regions including, the U.S., Japan, France, and others, are offering positive growth prospects to the overall market. Some of the key applications of the product include dentistry, surgery, bioengineering, and others.

Report Highlights

The powder type segment accounted for the largest revenue share of over 43% in 2020 on account of high demand for powdered products due to their simplified and successful application as a filler in the complex organ structures and capability of stimulating cell proliferation in the healthcare industry.

Powdered products effectively allow the transport of body fluids and growth of tissue through the implant process. Increasing metallurgical techniques and related studies for the fabrication of different types of bioactive materials in the field of orthopedics are expected to fuel segment growth in the years to come.

Granules are the third-largest product type used in various application industries, such as dentistry, surgery, and bioengineering. It is widely used in the form of bioactive glass granules as a bone substitute material. The same results in better bone-contact in surgery and various connections of implants that are projected into bone cavities.

The others type segment includes ceramics and moldable & injectable types, which find application in the formation of medicines and post-implant regeneration of cells & tissues. Rising technological advancements in dentistry and surgical procedures are expected to have a positive impact on the market growth during the forecast period.

The glass segment led the market in 2020 and accounted for more than 30% share of the global revenue. The segment is estimated to expand further at the fastest CAGR from 2021 to 2028. This growth is attributed to the bioactivity and biocompatibility of the implant material in the human body as the main bonding agent. The same leads its usage in the application of repairing and replacement of damaged or broken bones, which, in turn, is propelling the segment growth.

Moreover, the ability to regenerate dental hard tissues, especially on the acid-affected skin, by the application of materials, such as, phosphate, and other ions, drives the demand for materials. The composites segment is estimated to account for the second-largest revenue share by 2028.

Glass-ceramics materials exhibit low fracture toughness, brittleness, and apatite formation on their surface in the body. These exceptional properties of various glass-ceramics consisting of materials, such as silicon dioxide, calcium oxide, and phosphorous, are contributing to the growth of the glass-ceramics segment.

Other materials used in the product manufacturing include synthetic hydroxyapatite bioglass, and bioresorbable biomaterials (polylactic–polyglycolic acid copolymers and tricalcium phosphate). The use of these products results in the formation of a biologically active carbonate apatite layer on various implants and, which, in turn, is expected to drive the others segment growth over the forecast period.

The dentistry application segment led the market and accounted for more than 45% of the global revenue share in 2020 owing to the increased consumer spending on dental treatments, such as root canals. The rise in the use of materials, such as calcium hydroxide, ceramics, and calcium phosphate, is likely to drive product demand in this application segment over the forecast period. The rise in demand for pulp capping materials, permanent restoration of teeth, and tooth re-mineralization is also widening the scope of product application in dentistry.

The product demand in the surgery application segment is expected to grow at a significant rate over the projected period owing to its advanced and post-surgery performance. Moreover, a rise in the adoption of advanced surgical procedures involving plastic surgery, tissue augmentation, and craniofacial reconstruction is expected to propel the demand over the forecast period. Other product applications include implants related to heart valves, grafts & stents, artificial, joints, tendons and ligaments, and devices that stimulate nerves and cell proliferation.

North America led the global bioactive materials market in 2020 and accounted for the largest revenue share of over 39%. The regional market will grow further at a significant rate over the forecast period due to the increasing number of orthopedic and dental surgeries. However, Asia Pacific is estimated to be the fastest-growing regional market from 2021 to 2028 owing to the increasing healthcare expenditure in key economies, such as China, India, and Japan. In addition, supportive government policies and investments favoring the growth of the healthcare sector are augmenting the market growth in the region.

Rising cases of oral-pre-cancer and cancers in the region due to high consumption of tobacco products in countries like China and India are expected to increase the product demand in dentistry and surgery applications. The market in Europe is likely to witness promising growth over the projected period owing to the rising consumer awareness about health and well-being. Moreover, rising product adoption in the healthcare sector is expected to have a positive impact on market growth over the forecast period.

Key Players

  • Zimmer Holding Inc.

  • Medtronic Inc.

  • Stryker Corporation

  • DePuy Synthes

  • Biomatlante

  • Arthrex, Inc.

  • Pulpdent Corporation

  • Bioactive Bone Substitutes Oy

  • Lasak s.r.o

  • Bioretec Ltd.

  • Noraker

  • Septodont Holding

  • C.I. TAKIRON Corporation

Market Segmentation

  • Material Outlook

    • Glass

    • Glass Ceramics

    • Composites

    • Others

  • Type Outlook

    • Powder

    • Moldable

    • Granules

    • Others

  • Application Outlook

    • Dentistry

    • Surgery

    • Bioengineering

    • Others

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • France

      • U.K.

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

    • Middle East & Africa

The Bioactive Materials market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Bioactive Materials market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Bioactive Materials market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Bioactive Materials market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Bioactive Materials market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Bioactive Materials capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Bioactive Materials by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Bioactive Materials market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Bioactive Materials market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Bioactive Materials market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Bioactive Materials industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Bioactive Materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Bioactive Materials market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Bioactive Materials market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Bioactive Materials market. These factors have benefited the growth of the global market for Bioactive Materials. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Bioactive Materials. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Bioactive Materials are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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