Reports
Global Polymeric Biomaterials Market Size, Trends, Growth: By Application: Neurology, Cardiology, Orthopaedics, Wound Care, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032
Global Polymeric Biomaterials Market Outlook
The global polymeric biomaterials market is expected to grow in the forecast period of 2024-2032 at a CAGR of 15.70%.
Cardiology Innovations and Advances to Bolster the Global Polymeric Biomaterials Industry
The increasing use of synthetic polymeric biomaterials for pericardial repair is driving the cardiology segment growth based on application. In addition to this, three-dimensional polymeric systems made from synthetic and natural biomaterials are gaining traction in cardiac post-infarction therapy.
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This factor is likely to propel the demand for polymeric biomaterials in the forecast period. Furthermore, the rising cases of cardiovascular diseases among the geriatrics, coupled with the increasing inclination of cardiologists towards biomimetic devices based on synthetic or natural polymers are anticipated to aid the market.
North America Accounts for a Significant Share in the Market
The polymeric biomaterials industry in North America is driven by the rising investments in the development of efficient drug delivery systems and advanced healthcare infrastructure, the growing collaborations to further research activities, and a strong foothold of the leading biopharmaceutical companies in the United States. In addition to this, increased competition among the raw material providers and high investment opportunities in the region for biopharma companies are anticipated to augment the market growth in the region.
Polymeric Biomaterials: Market Segmentation
Polymeric biomaterials are defined as polymer-based biomaterials which interact with biological systems for medical purposes. Therefore, polymeric biomaterials are mainly utilised for therapeutic applications. In addition to this, biomaterials can be natural, synthetic, or hybrid.
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Based on application, the market can be segmented into:
- Neurology
- Cardiology
- Orthopaedics
- Wound Care
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Healthcare Expenditure to Boost the Growth of the Polymeric Biomaterials Industry
The rising healthcare expenditure due to increasing health consciousness and increasing prevalence of chronic diseases is driving the market. This is further supported by the increasing disposable incomes and the rising geriatric population. Additionally, the increasing investments in pharmaceutical and therapeutic industries in emerging economies to make medical facilities more accessible are anticipated to augment the market growth. Moreover, the growing demand for polymeric biomaterials in the treatment of cardiac post-infarction injuries is likely to provide impetus to the market in the forecast period.
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Key Industry Players in the Global Polymeric Biomaterials Market
The report gives a detailed analysis of the following key players in the global polymeric biomaterials market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Corbion NV
- Bezwada Biomedicals, LLC
- DSM Biomedical B.V.
- BASF SE
- Covestro AG
- Evonik Industries AG
- Starch Medical, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report:
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region |
| Breakup by Application | Neurology, Cardiology, Orthopaedics, Wound Care, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Corbion NV, Bezwada Biomedicals, LLC, DSM Biomedical B.V., BASF SE, Covestro AG, Evonik Industries AG, Starch Medical, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Polymeric Biomaterials Market Analysis
8.1 Key Industry Highlights
8.2 Global Polymeric Biomaterials Historical Market (2018-2023)
8.3 Global Polymeric Biomaterials Market Forecast (2024-2032)
8.4 Global Polymeric Biomaterials Market by Application
8.4.1 Neurology
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Cardiology
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Orthopaedics
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Wound Care
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Polymeric Biomaterials Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Polymeric Biomaterials Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Polymeric Biomaterials Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Polymeric Biomaterials Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Polymeric Biomaterials Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Polymeric Biomaterials Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Corbion NV
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Bezwada Biomedicals, LLC
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 DSM Biomedical B.V.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 BASF SE
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Covestro AG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Evonik Industries AG
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Starch Medical, Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Polymeric Biomaterials Market: Key Industry Highlights, 2018 and 2032
2. Global Polymeric Biomaterials Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Polymeric Biomaterials Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Polymeric Biomaterials Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Polymeric Biomaterials Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Polymeric Biomaterials Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Polymeric Biomaterials Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Polymeric Biomaterials Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Polymeric Biomaterials Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Polymeric Biomaterials Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Polymeric Biomaterials Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Polymeric Biomaterials Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Polymeric Biomaterials Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Polymeric Biomaterials Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Polymeric Biomaterials Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Polymeric Biomaterials Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 15.70% between 2024 and 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the industry, such as the rising healthcare expenditure, rising cases of chronic diseases, and the growing competition among pharmaceutical companies, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing research and development activities in the biopharmaceutical sector.
Neurology, cardiology, orthopaedics, and wound care, among others are the different applications.
The major players in the industry are Corbion NV, Bezwada Biomedicals, LLC, DSM Biomedical B.V., BASF SE, Covestro AG, Evonik Industries AG, and Starch Medical, Inc., among others.
Analyst Review
The global polymeric biomaterials market is driven by the rising cases of chronic cases, increasing healthcare expenditure, and rapid technological advancements in the medical sector. Aided by the growing innovations by key industry players, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 15.70%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of application, the market is divided into neurology, cardiology, orthopaedics, and wound care, among others. The major regional markets for polymeric biomaterials are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Corbion NV, Bezwada Biomedicals, LLC, DSM Biomedical B.V., BASF SE, Covestro AG, Evonik Industries AG, and Starch Medical, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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