Published on : Jun 29, 2018
Albany, New York, June 29, 2018: Proliferated application of biomaterial based medical devices for seamless biological processes has gained momentum. Further, biomaterials in laboratory applications such as diagnostics and cell culture also augment growth in biomaterials market. In its latest report titled, ‘Global Biomaterials Market-Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-23’, Market Research Hub (MRH) entails critical insights on current developments in biomaterials market and the impact of these developments on holistic growth of the biomaterials market.
Cementless Total Knee Solutions Adds New Dimension to Biomaterials Market Growth Curve
Manufacturers in biomaterial market are integrating resources to address critical medical conditions and improve quality of life amongst end-users. Further, to curb limitations associated with biomaterials such as toxicity, manufacturers are laying primary focus to incorporate advanced biocompatible attributes. Further, leading players are also banking on product improvement such as hydrogel biomaterials to sustain stiff competition.
To align with its objective of product improvisation, world leader in biomaterials market, Evonik has recently rolled out new product offerings in the category of composite polymer, Resomer, to accentuate its services in the field of hi-tech biomaterials market. This refurbished Resomer product line now consists of osteoconductive properties of calcium-phosphate additives. With this innovation in place the company is aimed to facilitate better therapeutics in bone disorders. Additionally, the company has also invested heavily in the development of Competence Center for Medical Devices in Birmingam to upgrade its solutions in biomaterials.
In a recent development, Zimmer Biomet, a veteran in biomaterial has lately acquired FDA clearance for Persona Trabecular Metal (TM). This development enables Zimmer to offer cementless knee arthroplasty solutions enabled by the company’s proprietary porous biomaterial, TM Material.
Polymer Biomaterials Expected to Witness Robust Growth in Biomaterials Market
Detailed research outcomes incorporated in the report aid readers in understanding various segments exhibited in the market. This section of the report presents core segments prevailing in biomaterials market, which comprise type, and application. In terms of type, biomaterials market is split as polymer, metal and ceramic biomaterials. Based on application, biomaterial market is classified as orthopaedic, cardiovascular, plastic surgery, wound care, and others. Comprehensive overview of market segmentation included in the report aids readers to identify the segment triggering revenue maximization, besides analyzing the impact of segments in driving growth in biomaterials market.
Also, the report offers a detailed summary of geographical distribution of biomaterials market in terms of region. Based on region, biomaterials market is segregated as Europe, North America, Asia-Pacific, and rest of the world. Based on insightful perspectives offered in the report, readers can identify marketing tools and tactics employed by leading players in biomaterials market as well as analyze the impact of these strategies in garnering positive end-user response and growth of biomaterials market.
Key Players in Biomaterials Market
In-depth research postulates included in the report offers readers a clear understanding about vital investment evaluation results and business strategies applied by core companies to stimulate end-user purchase journey and growth of biomaterials market. New and existing market players can facilitate profound analysis of these strategies and devise schemes that can render superior end-user retention, revenue generation, and growth in biomaterials market. Key players in biomaterials market included in the report are, Evonik Industries, Bayer Healthcare AG, Zimmer Biomet Holdings Inc, Wright Medical Group., and Koninklijke DSM N.V.
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