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Polymeric Biomaterials Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024


The “Polymeric Biomaterials Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Polymeric Biomaterials Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Polymeric Biomaterials market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Polymeric Biomaterials Market Are:

  • Bezwada Biomedical LLC
  • Corbion NV
  • Covestro AG
  • Evonik Industries AG
  • Royal DSM
  • Starch Medical Inc.
  • Victrex PLC
  • W. L. Gore and Associates
  • Zimmer Biomet

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    Market Overview:

  • The global polymeric biomaterials market was valued at USD 32.19 million in 2018 and is estimated to be valued at USD 77.22 million in 2024, witnessing a CAGR of 15.7%. Innovations in the field of polymeric biomaterials and increasing applications of polymeric biomaterials in tissue engineering are the factors that are responsible for the growth of the market.
  • Among all the delivery modes, polymeric implants are anticipated to further develop in the upcoming years, boosting up the healthcare market. Also, polymeric micro/nano-spheres and micro/nano-fibers have gained popularity as potential substrates for the immobilization of biomolecules, providing a broad range of medical applications in diagnostics and bioseparation. Another aspect is the use of polymeric probes for positron emission tomography (PET), which has transformed the imaging technology. New emerging technologies, which are likely to propel the market with innovative approaches, have developed biostable polymeric valves. They come with the option of drug-eluting and/or valves with bioresorbable scaffolding in transcatheter heart valves, leadless pacemaker in a smaller size with longer life and bioresorbable and polymer-free drug-eluting stents with new surface modification technologies, new polymer chemistry, and new drugs. Therefore, such innovations in polymeric biomaterials are augmenting the growth of the market.

    Scope of the Report:

  • Polymeric biomaterials refer to the synthetic, natural, and hybrid materials that are applied in the field of therapeutics and pharmaceuticals. The similarities between natural tissues, proteins, and polysaccharides and synthetic polymers with their long-chain architecture lead to the reasonable conclusion that synthetic polymers are better representations of natural tissue response, when compared to metals and ceramics.

    Polymeric Biomaterials Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Polymeric Biomaterials market?
    • What are the key market trends impacting the growth of the global Polymeric Biomaterials market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Polymeric Biomaterials market?
    • What are the market opportunities and threats faced by the vendors in the global Polymeric Biomaterials market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Polymeric Biomaterials market?

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    Key Market Trends:

    Cardiology is Expected to hold its Highest Market Share in the Application Segment

    In the application segment of the market, cardiology is believed to have the largest market size and is expected to witness a CAGR of 16.0% during the forecast period.

    Recent years have observed promising applications of polymeric biomaterials in cardiac repair and regeneration. Organ failure is also one among the major health problems, globally recognized. As per the World Health Organization (WHO), it is estimated that there will be 23.6 million deaths annually by 2030, due to CVD, with the largest increase in Southeast Asia. To combat the rising burden of diseases and related unmet needs, several cardiac specialized universities across the world have launched initiatives in cardiac restoration therapy, to act as alternative therapeutic options to replace transplants. However, the growth is expected to be steady, as market approval is a major hindrance. Over the forecast period, the growth is estimated to be about 16.0%.

    North America Dominates the Market and is Expected to Remain the Same in the Forecast Period

    North America currently dominates the market for polymeric biomaterials and is expected to continue its stronghold for a few more years. In the United States, there are several private companies, which have vast expertise in biopolymers with access to advanced technology and custom synthesis. These companies have businesses across drug research and medical device manufacturers, which act as contract research organizations acting as partners to major healthcare firms. Furthermore, the region has manufacturing units for several major medical device and pharmaceutical companies, such as Abbott, Allergan, 3M, and Baxter, among others, which have a wide range of products, across multiple therapeutic areas, which drives the investment opportunity by investors, high competition for raw material providers, and long-term partnerships for the development of advanced end products to be used in hospitals. Thus, over the forecast period, this region is likely to remain a major lucrative market, with an estimated CAGR of 15.9%.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Polymeric Biomaterials Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Polymeric Biomaterials.

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    Report Objectives:

    • Analyzing the size of the Polymeric Biomaterials market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Polymeric Biomaterials market.
    • Determining the key dynamics of the Polymeric Biomaterials market.
    • Highlighting significant trends of the Polymeric Biomaterials market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Polymeric Biomaterials market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Polymeric Biomaterials market.

    Detailed TOC of Polymeric Biomaterials Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 New Innovations in the Field of Polymeric Biomaterials
    4.2.2 Increasing Applications of Polymeric Biomaterials in Tissue Engineering
    4.3 Market Restraints
    4.3.1 Complications Associated with Polymeric Biomaterials
    4.3.2 Stringent Regulatory Guidelines
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5.1 Application
    5.1.1 Neurology
    5.1.2 Cardiology
    5.1.3 Orthopedics
    5.1.4 Ophthalmology
    5.1.5 Wound Care
    5.1.6 Other Applications
    5.2 Geography
    5.2.1 North America United States Canada Mexico
    5.2.2 Europe Germany United Kingdom France Italy Spain Rest of Europe
    5.2.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
    5.2.4 Middle East & Africa GCC South Africa Rest of Middle East & Africa
    5.2.5 South America Brazil Argentina Rest of South America

    6.1 Company Profiles
    6.1.1 BASF SE
    6.1.2 Bezwada Biomedical LLC
    6.1.3 Corbion NV
    6.1.4 Covestro AG
    6.1.5 Evonik Industries AG
    6.1.6 Royal DSM
    6.1.7 Starch Medical Inc.
    6.1.8 Victrex PLC
    6.1.9 W. L. Gore and Associates
    6.1.10 Zimmer Biomet



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    Name: Ajay More

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