Bioactive Materials Market Report

Bioactive Materials Market Analysis By Type (Powder, Moldable, Granules), By Material (Glass, Glass-Ceramic, Composite), By Application, By Region, And Segment Forecasts, 2018 - 2025

  • Published Date: Aug, 2017
  • Base Year for Estimate: 2016
  • Report ID: GVR-2-68038-840-4
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2015
  • Number of Pages: 95

Industry Insights

The global bioactive materials market size was estimated at USD 1,299.8 million in 2016. Rising demand for superior implantable materials is expected to drive market growth over the next eight years. In addition, superior properties of the bioactive materials have facilitated rising substitution of the traditionally used implants, thereby driving growth

Fluctuating prices and demand-supply gap are the key issues faced by the industry in terms of raw material supply. Glass and ceramics have a wide application scope in other end-use industries including electrical & electronics, automotive, packaging, furniture, and construction, which is likely to lower the availability of raw materials for the industry. 

U.S bioactive materials market

The market in the U.S. is expected to rise in the wake of heightened emphasis on healthcare facilities. The demand for glasses and composites for use in dentistry and healthcare applications is expected to drive growth over the forecast period. In addition, rising product adoption by consumers is expected to propel demand.

The growth of orthopedic and dental surgeries on account of the rise in the aging population has resulted in a rise in the demand for medical devices. Development of advanced technology bioactive materials leading to more feasible, safe, and efficient implant procedures has led to an increase in the penetration levels leading to market growth. 

The demand for bioactive materials is expected to be driven majorly by the high volume consumption in dental applications due to its use as a restorative material. The advanced products find high use in applications such as pulp capping, apexification, root resorption, and root-end filling leading to high demand over the forecast period.

The market is characterized by the presence of a limited number of players involved in the product manufacture and distribution through direct and/or third-party distribution channels. In addition, the companies are involved in the production of patented products which leads to an increase in the competitive rivalry.

Material Insights

Glass ceramic material is expected to account for 26.5% of the market in 2016. The glass ceramic exhibit superior properties, including bone growth at implant surfaces and stimulation of bone growth. These attractive properties of glass ceramic in terms of both chemical composition and morphology are expected to drive the demand growth in the market. 

The glass ceramics are brittle and have low fracture toughness, which limits their use and application in the bone regeneration process. These factors are anticipated to restrain the demand for glass ceramics, which is expected to hamper overall industry growth over the projected period.

Glass exhibits a superior bone bonding property due to its chemical activity in physiological body fluids, which results in the formation of hydroxycarbonate apatite layer to which bone can bond. This exceptional property of glass leading to effective bone regeneration is expected to drive demand for glass bioactive material over the next eight years.

Composites with altered biological, mechanical, and physical properties coupled with foreseeable degradation behavior can be manufactured with the combination of bioactive inorganic phases and synthetic bioresorbable polymers.

Type Insights

Powder accounted for 23.4% of the overall market share in terms of revenue in 2016. The product type has gained traction due to its successful application as filler in the complex structure of organs. Powder fillers can be utilized to fill minute gaps and voids which cannot be filled by moldable or injectable material thereby leading to high consumption volume. 

Ceramic powder implants provide superior aesthetically pleasing alternative available for tooth replacement and find use as a substitute to bridges, dentures or partials. Rising demand for powder-based bioactive materials on account of growing product adoption by the healthcare industry is expected to drive growth over the forecast period.

Recent technological developments have led to the use of bioactive foam, bone replacement, and birth defects. The segment is expected to grow at a CAGR of 10.3% from 2017 to 2025 due to rising product use to manage defects in the skull bone.

Bioactive granules are utilized for removing the skeletal defects such as the spine, the pelvis, and other extremities that do not affect the stability of the bony structure. These defects are osseous defects caused due to surgical procedures or traumatic injury to the bone. The superior performance of granules for the treatment of such injuries is expected to drive market growth.

Application Insights

Rise in surgical procedures due to growth of the chronic diseases is expected to drive industry growth. High adoption of the product for surgical procedures coupled with superior post-surgery performance is expected to propel the product demand over the forecast period. 

Recent advancements in stem cell technology have boosted the demand for bioactive materials. This technology utilizes bioactive materials to renovate the function of injured tissue by replacing damaged or dead cells with new and healthy cells and is expected to gain high traction over the forecast period.

Global bioactive materials market

Growing demand for bioactive materials in therapeutic transplantation is anticipated to drive the demand growth. The use of such products in bioengineering for DNA profiling, and production of disease-resistant plant species, is further anticipated to drive the demand growth in the global market.

Regional Insights

The industry is expected to witness the highest growth in Asia Pacific during the forecast period, primarily on account of increasing healthcare expenditures. Furthermore, changing lifestyles of the population leading to chronic lifestyle disorders is expected to impact the market in key countries such as China, India, and Japan. 

The market in Europe accounted for 29.1% of the global revenue in 2016 driven by heightened concerns regarding personal health and well-being. The high adoption level exhibited by the consumers in the region is expected to emerge as the major driving factor over the next eight years.

The bioactive material industry in the U.K. is expected to grow at a significant rate owing to investments in R&D related to improving production efficiency. The economy exhibits a high demand for such implants used in orthopedic surgeries, which is expected to drive market growth over the next eight years.

The demand for the product in MEA is expected to be driven by the rapid population growth, increasing per capita income, high incidences of lifestyle-related disorders, and ambitious healthcare infrastructure developments. The demand for superior technology medical devices is expected to register high growth leading to a rise in the demand for advanced products.

Competitive Insights

Key players focus on the development of advanced products in order to engage consumers in product use. The development of high technology products by the companies is expected to result in an increased adoption leading to growth over the forecast period

Companies in the market resort to mergers and acquisitions as one of the primary strategies to increase the annual revenues and market share. In addition, the market players are collaborating with research institutions and other companies to gain technological expertise.

Bioactive Materials Market Report Scope

Report Attribute

Details

Market size value in 2020

USD 1,805.1 million

Revenue forecast in 2025

USD 3,291.4 million

Growth Rate

CAGR of 10.1% from 2017 to 2025

Base year for estimation

2016

Historical data

2014 - 2015

Forecast period

2017 - 2025

Quantitative units

Revenue in USD million and CAGR from 2017 to 2025

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

Segments covered

Material, type, application, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

U.S.; Germany; UK; China; India; Japan

Key companies profiled

Zimmer Holdings Inc.; Medtronic Inc.; Stryker Corporation; DePuy Synthes

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global bioactive materials market on the basis of material, type, application, and region:

  • Material Outlook (Revenue, USD Million, 2014 - 2025)

    • Glass

    • Glass-Ceramic

    • Composites

    • Others

  • Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Powder

    • Moldable

    • Granules

    • Others

  • Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Dentistry

    • Surgery

    • Bioengineering

    • Others

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • The U.S.

    • Europe

      • Germany

      • The U.K.

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

    • Middle East & Africa

Pricing & Purchase Options

Service Guarantee

  • Quality assurance

    Insured Buying

    This report has a service guarantee. We stand by our report quality.

  • Information security

    Confidentiality

    We are in compliance with GDPR & CCPR norms. All interactions are confidential.

  • grand view research PCI DSS complaint grand view research gdpr verified
  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities