Track 1: Properties of Biomaterials
Biomaterials are primarily used for tissue growth and delivery of drugs, likewise their properties are also having a great impact on cell growth and proliferation of tissues. Physical properties like size, shape, surface, compartmentalization, etc. Mechanical properties include hardness, fatigue, fracture toughness, elastic modulus, etc. Biosensors are the devices which convert biological responses from biological molecules into electrical responses. Nanotopography means the surface characters that are formed at Nanoscale, having applications in the field of medicine and cell engineering. It can be formed by using numerous techniques such as etching, plasma functionalization, etc. Surface properties include surface tension, surface characterization, charge-charge interaction, etc. Biohybrid or Bioconjugate materials are those substances which are formed by linking of biogenic and non- biogenic compounds via a chemical bond. Bioinspired materials are the synthetic ones which look like that of the natural materials or living matter in case of structure, function, and properties.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Biomaterials Applications Societies & Associations:
Europe: European Society for Biomaterials, UK Society For Biomaterials, Romanian Society For Biomaterials, The Hellenic Society for Biomaterials, Scandinavian Society for Biomaterials, Italian Society for Biomaterials.
USA: Society For Biomaterials, Canadian Biomaterials Society, The International Society of Biomedical Polymers and Polymeric Biomaterials (ISBPPB), World Biomaterials Congress.
Asia: The Korean Society For Biomaterials, Japanese Society for Biomaterials, Chinese Society for Biomaterials, Society for Biomaterials and Artificial Organs.
Track 2: Advanced Biomaterials
Biomaterials are natural or synthetic materials that are intended to interrelate with the biological system either as a part of the medical device or to replace or to repair any injured organs or tissues. Biomaterials are naturally available materials or they can be made synthetically. Silk and gelatin are few natural biomaterials, while the Synthetic ones are the various forms of polymers, ceramics, and composites. To re-establish injured portions of the musculoskeletal system and in dental and orthopedic fields Bioceramics like Alumina, Bioglass, and Zirconia are used. Biocomposites are designed by using resin and natural fibers. It can be non-wood natural fibers (rice, wheat, coconut, etc.) or wood fibers (magazines, soft and hardwoods). Metals are mostly a hard choice of biomaterials in the fields of dental, orthopedic, cardiac implants because metals can lead to wear, corrosion. So, surface coating and modification of metals are essential for medical applications.
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Advanced Materials Societies & Associations:
Europe: International Association of Advanced Materials, The Federation of European Materials Societies, Austrian Society for Metallurgy and Materials (ASMET), German Society for Materials Science (DGM), National Center for Metallurgical Research (CENIM).
USA: ASM International, American Advanced Materials Congress (AAMC), The International Union of Advanced Materials, The Materials Engineering Society (MatES), Materials Research Society (MRS), SME.
Asia: Indian Association for Hydrogen Energy and Advanced Materials, Materials Research Society, Asia Pacific Society for Materials Research (APSMR), Asian Union of Magnetics Societies, Asian Polymer Association
Track 3: Polymer Biomaterials
Polymers are the macromolecules attained by repetition of a simple chemical unit itself into a large number of times. Some polymers are biocompatible so they can be used as biomaterials and that can be of the following types, i.e., Natural Polymers: Chitosan, Collagen, Alginate. Applications of these natural polymers are in medical industry such as drug delivery, wound dressing and tissue engineering. Synthetic Polymers like Polyvinylchloride (PVC), Polypropylene, Polymethyl methacrylate are used in implants, medical disposable supplies, dressings, etc. Biodegradable Biomaterials: Polyactide, Polyglycolide, etc. These kind of biomaterials are valuable as they regenerate tissue and does not leave any residual traces upon implantation. These are mostly used for tissue screws, cartilage repair, and drug delivery systems. Biomaterials can also be used as packaging material. Polymer composites are widely used for preparing medical implants.
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Polymer Biomaterials Societies & Associations:
Europe: The European Polymer Federation, Polymer Society, French Polymer Society, European Materials Research Society.
USA: Polymer Processing Society, American Chemical Society, British Association for the Advancement of Science, Association for the Advancement of Science.
Asia: Society for Polymer Science, Polymer Society of Korea, Asian Polymer Association, Federation of Asian Polymer Societies.
Track 4: Dental Biomaterials
Dental biomaterials encompass both the natural dental tissues like enamel, cementum, dentin as well as the synthetic dental materials such as polymers, composites, ceramics, etc. They are used to repair damaged, decayed teeth. These dental biomaterials are of diverse types i.e. orthodontics, braces, implants, etc. Orthodontics is a fragment of dentistry that leads to the alignment of teeth and jaws to improve oral health. Braces are mainly used in orthodontics to straighten teeth and to treat irregularities in teeth. Dental implants are the cylindrical forms made up of titanium, which is used as a substitute for any missing teeth. Prosthesis means a device intended to substitute a missing part of the body Diseased or missing eyes, arms, hands, legs, or joints are replaced by using prosthetic devices. False teeth are known as dental prostheses. The key trends of the market and segments of the global dental equipment and consumables by companies are estimated by the dental devices report over the period 2010-2015. The dental market for consumables is predicted to witness the substantial growth in upcoming years. The worldwide dental consumables market is expected to reach USD 35.35 Billion by 2024 from USD 25.45 Billion in 2016, at a CAGR of 6.8% from 2016 to 2024. Though, the high cost and partial reimbursement for dental care and the shortage of dental professionals are likely to detain the development of this market.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Dental Biomaterials Societies & Associations:
Europe: European Prosthodontics Association (EPA), European Federation of Conservative Dentistry, The Academy of Dental Materials, The Association of Dental Implantology (ADI), Oral Health Foundation.
USA: British Society for Restorative Dentistry, The British Endodontic Society, British Society of Periodontology, American Association for Dental Research (AADR), International Society for Maxillofacial Rehabilitation.
Asia: Egyptian Society of Oral Implantology, The Aesthetic Dentistry Society, Singapore (ADSS), Hong Kong Dental Association, Malaysian Dental Association, FDI World Dental Federation, Asian Academy of Aesthetic Dentistry.
Track 5: Biomaterials and Nanotechnology
Bionanomaterials are molecular materials composed partly or completely of biological molecules. Some of them result in structures having a Nano-scale-dimension. Magnetic nanomaterials are the magnetic particles of Nano size that are having exclusive magnetic properties. These magnetic nanomaterials exist in numerous forms such as dry powders, as surface functionalized powders or as stable dispersions in a variety of solvents, both aqueous and organic. These Bionanomaterials will have possible applications as novel fibers, sensors, adhesives etc. Nano biomaterials account for 28.3% of the market share. Nano biomaterials are used for regeneration practices, cancer treatment, and the polymeric ones are important for gene or drug delivery systems. Nanofiber scaffolds have diameters less than 100 nm Nano scaffolding is a method to regrow tissue and bone, also used in stem cell expansion.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Biomaterials and Nanotechnology Societies & Associations:
Europe: European Nanoscience and Nanotechnology Association (ENNA), Czech Nanotechnology Industries Association, Erwin Schrödinger Society for Nanosciences, Russian Society of Scanning Probe Microscopy and Nanotechnologies.
USA: American Nano Society (ANS), American Bar Association Section Nanotechnology Project, International Association of Nanotechnology (IANT), Materials Research Society.
Asia: Nano Technology Research Association, Asian Nanoscience and Nanotechnology Association, The Bangladesh Nanotechnology Society (BNS), Asia Nano Forum.
Track 6: 3D Printing of Biomaterials
3D printing is the process of creating three- dimensional structure of biomaterials by means of computer control. With respect to the nano-scale dimensions, the biomaterials are classified into three types as- Nano-particle (3D), Nano-fiber(2D) and Nano-sheet (1D). 3d bioprinting is the formation of cell patterns using 3d printing techniques along with the layer-by-layer method to produce tissue mimetic structures without any harm in cell function that can be used further in tissue engineering. Electrospinning technology means deposition of polymer nanofibers on an object by using high voltage to a liquid polymer solution. Bioprinting helps in the research by making printing of complex tissues and organs easy. It is also used for micro devices and microarrays. The 3D printing materials market is expected to reach USD 1,409.5 Million by 2024 from USD 530.1 Million in 2016, at a CAGR of 21.60%.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
3D Printing of Biomaterials Societies & Associations:
Europe: The 3D Printing Association, Association of 3D Printing, 3D Bioprinting Europe, European Society for Biomaterials.
USA: Inside 3D Printing, Canadian Biomaterials Society, The International Society of Biomedical Polymers and Polymeric Biomaterials (ISBPPB).
Asia: Additive Manufacturing Societyof India, TERMIS, Hong Kong 3D Printing Association.
Track 7: Biodegradable Biomaterials
Biodegradable metals are those that are projected to get degraded in the body securely. The metals will be mostly magnesium based or iron-based alloys. They are chiefly useful for cardiovascular implants as stents and orthopedics. Hydrogels are the polymeric materials encompassing water, that was the primary biomaterials used. This important property of these materials aid in tissue engineering, implantable devices, biosensors, materials controlling the activity of enzymes, etc. Degradation of Biomaterials is a serious issue for any medical device whether it is preventing degradation of implantable devices or predicting the quantity of degradation of tissue engineering scaffolds or drug releasing elements. Nanofiber scaffolds are used for orthopedic tissue repair and regeneration. Biomimetic materials are those materials that are capable to mimic the host system by showing cellular responses facilitated by scaffolds and peptide interactions from the extracellular matrix.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Biodegradable Biomaterials Applications Societies & Associations:
Europe: European Society for Biomaterials, UK Society For Biomaterials, Romanian Society For Biomaterials, The Hellenic Society for Biomaterials, Scandinavian Society for Biomaterials, Italian Society for Biomaterials.
USA: Society For Biomaterials, Canadian Biomaterials Society, The International Society of Biomedical Polymers and Polymeric Biomaterials (ISBPPB), World Biomaterials Congress.
Asia: The Korean Society For Biomaterials, Japanese Society for Biomaterials, Chinese Society for Biomaterials, Society for Biomaterials and Artificial Organs.
Track 8: Biomaterials in Delivery Systems
Biomaterials play an active role in delivery systems exclusively in drug delivery. Numerous kinds of drug delivery systems, surgical implants, wound closure devices, artificial organs are usually reliant on biomaterials. Biomaterials help in gene delivery that in due course make transgene expression and tissue growth along with regeneration of tissues. Modulating or altering several features of the immune system known as Immunomodulation. With the help of biomaterials in drug delivery systems, power and competence can be enlarged for regenerative medicine therapies. At present, hydrogels are termed as the smart drug delivery system, which is often used as sustained drug release systems, which has importance in the healing of cancer. Extracellular media or vesicles are used for the macromolecular drug delivery. In macromolecular drug delivery, extracellular media or vesicles can be used. Biomaterials can also be used for islet delivery, for imaging, etc.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Biomaterials Societies & Associations:
Europe: Romanian Society For Biomaterials, The Hellenic Society for Biomaterials, Scandinavian Society for Biomaterials, Polish Society for Biomaterials, German Society for Biomaterials.
USA: The International Society of Biomedical Polymers and Polymeric Biomaterials (ISBPPB), World Biomaterials Congress, Society For Biomaterials, Canadian Biomaterials Society.
Asia: Japanese Society for Biomaterials, Chinese Society for Biomaterials, The Korean Society For Biomaterials, Society for Biomaterials and Artificial Organs.
Track 9: Biophotonics and Biomedical Optics
Biophotonics is a subject in which it deals with the study of optical procedures in biological systems those which occur naturally and in bioengineered materials. Imaging and Detecting cells and tissue is an important feature of this field. This field also can be useful in drug delivery as to inject fluorescent markers and to track cell dynamics. Biophotonics is used in a similar way to study biological materials or materials with assets or properties like biological material, i.e., scattering material, on a microscopic or macroscopic scale. Microscopy and optical coherence tomography are common microscale applications of Biophotonics. On the macroscopic scale, the light is diffuse and applications normally deal with diffuse optical imaging and tomography. To resolve problems in medicine and biology Biomedical optics can be used in the design and application of advanced optical techniques.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Biophotonics and Biomedical Optics Societies & Associations:
Europe: SPIE, European Optical Society, GIFO Groupement des Industries Francaises de I’Optique, European Physical Society.
USA: Florida Photonics Cluster, International Laser Display Association, IEEE Lasers & Electro-Optics Society, Canadian Photonic Industry Consortium – CPIC.
Asia: Optics and Photonics Society of Singapore, Chinese Society for Optical Engineering, Korea Assn. for Photonics Industry Development, China Optics and Optoelectronics Manufacturers' Association.
Track 10: Bio-based Materials and Sustainability
Bio-based material is formed by means of present living life forms (rather than non-sustainable non-renewable energy sources that are produced by ancient plants), with horticultural harvests and deposits, trees, and green growth. "Sustainable biomaterials" are those which are obtained from economically developed and gathered cropland or woodlands. They are fabricated without risky information sources and effects, and also sound and safe for the earth amid utilize. These materials are projected to be reutilized for example, by means of recycling or fertilizing the soil.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Bio-based Materials and Sustainability Societies & Associations:
Europe: European Biomass Industry Association, The European Bioeconomy Alliance, International Centre for Research on Innovative Biobased Materials, The European Biomass Association (AEBIOM).
USA: The Biomass Power Association, American Biofuels Council (ABC), Algae Biomass Organization, American Society of Energy.
Asia: Biomass Society Research, Asia Biomass Association, The Japan Society of Material Cycles and Waste Management, Japan Society of Energy and Resources, Society of Biomass Utilization.
Track 11: Tissue Engineering and Regenerative Medicine
Tissue Engineering is the study of materials that use the combination of cells to engineer biologically active molecules to produce well-organized tissues and organs, which can be implanted into the donor with the use of many engineered methods along with some physicochemical factors. Biomaterial supports the engineered tissues physically, and guide cells by topographical and chemical signals. Regenerative medicine is a branch of tissue engineering that deals with the process of replacing or regenerating human cells, tissues or organs to reestablish the usual biological function by means of cells, stem cells and biomaterials. Scaffolds are the materials designed to cause cellular interactions that ultimately aids in the formation of new tissues. Biomaterials help in creating new materials for tissue engineering and stem cell delivery. Bone and cartilage tissue engineering is a quickly advancing field. A new method of this engineering includes periodontal tissue regeneration with mesenchymal stem cells and platelet-rich plasma.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Tissue Engineering and Regenerative Medicine Societies & Associations:
Europe: Netherlands Society For Biomaterials and Tissue Engineering, Swiss Society for Biomaterials + Regenerative medicine, Biomaterials and Tissue Engineering Society, UK Society For Biomaterials, Scandinavian Society for Biomaterials, TERMIS-EU (formerly European Tissue Engineering Society).
USA: Society For Biomaterials, Canadian Biomaterials Society, The International Society of Biomedical Polymers and Polymeric Biomaterials (ISBPPB), World Biomaterials Congress, The American Institute for Medical and Biological Engineering (AIMBE), Tissue Engineering and Regenerative Medicine International Society.
Asia: The Korean Society For Biomaterials, Japanese Society for Biomaterials, Chinese Society for Biomaterials, Society for Biomaterials and Artificial Organs, Tissue Engineering International and Regenerative Medicine Society, World Association for Chinese Biomedical Engineers (WACBE).
Track 12: Biomaterials Applications
Biomaterials are the kind of materials that are introduced into the body as a medical device for medical purposes. These materials are having numerous medical applications such as cancer therapy, artificial ligaments and tendons, orthopedic for joint replacements, bone plates, and ophthalmic applications in contact lenses, for wound healing in the form of surgical sutures, clips, nerve regeneration, in reproductive therapy as breast implants, etc. These materials also have some non-medical applications such as to grow cells in culture medium, assay of blood proteins in laboratories, etc.
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Biomaterials Applications Societies & Associations:
Europe: European Society for Biomaterials, UK Society For Biomaterials, Romanian Society For Biomaterials, The Hellenic Society for Biomaterials, Scandinavian Society for Biomaterials, Italian Society for Biomaterials.
USA: Society For Biomaterials, Canadian Biomaterials Society, The International Society of Biomedical Polymers and Polymeric Biomaterials (ISBPPB), World Biomaterials Congress.
Asia: The Korean Society For Biomaterials, Japanese Society for Biomaterials, Chinese Society for Biomaterials, Society for Biomaterials and Artificial Organs.
Track 13: Biomaterials Companies and Market Analysis
The biomaterials market comprises all kinds of biomaterials such as ceramics, composites, biodegradable, orthopedic materials, etc. The market is anticipated to reach $130.57 billion by 2020, at a progress of CAGR of 16% from 2015-2020 prediction. Biomaterials have applications in the field of oncology i.e, the study of prevention, treatment of cancer. Few biomaterials companies that are comprised in the global biomaterials market are Zimmer Biomet Holdings, Inc. (U.S.), Carpenter Technology Corporation (U.S.), Covalon Technologies Ltd., Evonik Industries AG (Germany), BASF SE (Germany), Invibio Ltd. (U.K.), Berkeley Advanced Biomaterials, Inc. (U.S.), CAM Bioceramics BV (Netherlands), and Collagen Matrix, Inc. (U.S.).
Biomaterials Conferences | Biomaterials Meetings | Materials Science Conferences | Top Biomaterials Conferences | Biomaterials Events | Biomaterials 2024
Biomaterials Applications Societies & Associations:
Europe: European Society for Biomaterials, UK Society For Biomaterials, Romanian Society For Biomaterials, The Hellenic Society for Biomaterials, Scandinavian Society for Biomaterials, Italian Society for Biomaterials.
USA: The International Society of Biomedical Polymers and Polymeric Biomaterials (ISBPPB), World Biomaterials Congress, Society For Biomaterials, Canadian Biomaterials Society.
Asia: The Korean Society For Biomaterials, Japanese Society for Biomaterials, Chinese Society for Biomaterials, Society for Biomaterials and Artificial Organs.
The global biomaterials market size was estimated at USD 135.4 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 15.4% from 2022 to 2030. The rising prevalence of musculoskeletal and chronic skeletal medical conditions is expected to boost the demand for biomaterial-based implants, thereby augmenting the market growth. The demand for orthopedic implants is also rising owing to the increasing geriatric population, at an increased risk of osteoarthritis, osteoporosis, and other musculoskeletal disorders. The development of various biomaterial and biomedical devices is in demand for detecting and treating coronavirus. In this pandemic, early detection of the virus is very crucial to limit the transmission of the same. The infection from the COVID-19 can be detected using existing biomedical devices which are based on either Polymerase Chain Reaction (PCR) or Non-PCR methods.
Biomaterial Technologies contribute to the development of new efficient personal protective equipment, drug deliveries, vaccines, and new therapeutics which are used to prevent or treat the infection from SARS-COV-2. Furthermore, cell-cultured models and engineered tissues had a major impact on investigating the infection, testing, and developing vaccines and therapeutics. Thus, the market resulted in varied designs of a range of diagnosis and therapeutic tools for the management of COVID-19, which includes rapid and accurate diagnostic platforms, novel vaccines, effective anti-viral drugs, and efficient models of laboratories for accessing the disease. Technological advancements have made biomaterials more versatile and have increased their utility in various fields of healthcare, such as bioengineering and tissue engineering.
The advent of smart biomaterials that interact with biological systems for several biomedical applications, ranging from the transport of bioactive molecules to the cellular functioning of the engineered functional tissues, drives revenue generation in this market. Companies are embracing the ongoing developments in novel drug delivery approaches for the controlled release of drugs, thus fueling market growth. For instance, in January 2019, DSM Biomedical partnered with ProMed Pharma to leverage its biomedical biomaterials with ProMed’s micro molding and extrusion capabilities to create novel controlled-release drug implants and combination devices.
The porous-coated and fully or partially porous orthopedic implants have gained immense popularity in recent years. This is because the porous structures reduce the elastic modulus and stimulate bone growth around the implant. Powder metallurgy, 3-D printing, and additive manufacturing are some of the potential techniques to manufacture porous metallic and ceramic implants. Growing demand for smart biomaterials that produce and transfer bioelectric signals similar to native tissues for accurate physiological functions, is expected to surge the market growth. Piezoelectric scaffolds are smart materials that play a significant role in tissue engineering. They stimulate the signaling pathways and consequently improve tissue regeneration at the impaired site.
Product Insights
The polymer product segment dominated the market in terms of revenue at a share of 28.2% in 2021 and is expected to continue leading throughout the forecast period owing to the wide range of product applications. The wide availability of biopolymers and advanced polymers for bio-resorbable tissue fixation and other orthopedic applications is also expected to accelerate the revenue generation of the segment. Polymeric biomaterials are one of the cornerstones of tissue engineering. Ongoing progression in technologies, such as micro-manufacturing, surface modification, drug delivery, nanotechnology, and high-throughput screening, play an integral role in broadening the polymeric material usage in the tissue engineering field.
Natural biomaterials are anticipated to witness a lucrative growth rate during the forecast period, owing to various benefits of the product over synthetic biomaterials in terms of biodegradability, biocompatibility, and remodeling. Due to these advantages, they are increasingly used to replace or restore the structure and function of damaged organs or tissues. A Biosensor is an analytical device that is used to detect analytes such as biomolecules or biological elements of species produced by micro-organisms, that is, tissues, enzymes, organelles, etc. The sensor mainly consists of three parts that are, a bio-receptor (enzymes, antibodies, nucleic acids), a transducer (electrochemical, electrical, optical, thermal, magnetic resonance), and an electronic system that comprises a signal amplifier.
Application Insights
The orthopedic application segment dominated the market in terms of revenue at a share of 23.0% in 2021. Increasing adoption of metallic biomaterials in orthopedic applications due to their high load-bearing capacity is one of the factors driving the segment growth. Besides, continuous developments for the introduction of advanced orthopedic implants by market vendors are also expected to propel revenue generation. For instance, in November 2019, DiFusion Inc. received FDA approval for its Xiphos-ZF spinal interbody device, which is based on a different biomaterial Zfuze, a combination of poly-ether-ether-ketone and titanium. This new biomaterial leads to significant reductions of cytokine markers that cause inflammation and are associated with fibrous tissue formation.
The plastic surgery application segment is expected to grow at a significant pace in the coming years owing to the increasing number of cosmetic procedures and increased usage of biomaterials in these surgeries. As per the 2019 publication of the International Society of Aesthetic Plastic Surgery, in the U.S., around 4.3 million cosmetic procedures were performed in 2018, which has positively influenced segment growth.
Regional Insights
North America dominated the market and accounted for the largest revenue share of 38.2% in 2021 owing to the initiatives undertaken by various public and private organizations. These include the National Science Foundation and the National Institute of Standards and Technology, which provide knowledge and assistance pertaining to biomaterials usage in biomedical applications. This has resulted in the expansion of biomaterials adoption in this region. Moreover, factors such as favorable government policies and the presence of several major market players in this region have contributed to the regional market share.
In Asia Pacific, the market is expected to register the highest CAGR over the forecast period, owing to strategic initiatives adopted by the regional participants to reinforce their presence in local as well as global markets. For instance, in November 2019, a Japan-based company, Mitsubishi Chemical signed an agreement with U.S.-based AdvanSource Biomaterials to acquire their thermoplastic polyurethane elastomer business. This acquisition is expected to help the company expand its business footprint globally and capture a significant share in the international market. In India, the biomaterials market is constantly booming. The Indian biomaterials industry is dominated by orthopedic, dental, and cardiovascular biomaterials. Increasing market shares of cardiovascular and orthopedic and biomaterial products are due to an increase in orthopedic surgery, cardiovascular surgeries, and dental procedures.
Major Companies & Market Share Insights
Key companies are making significant investments to expand their presence and maintain a competitive edge. They are also adopting strategies such as agreements, partnerships, and collaboration models to strengthen their product portfolio. Moreover, key vendors are inclined toward the development of more innovative products to expand their biomaterials offerings. For instance, in March 2022, Evonik Industries commercially launched EUDRATEC Fasteric used for enteric fortification and prompt release in the upper smaller intestine, which is a platform of oral drug delivery technology directly over the released target. This product development improved the biocompatibility, safety, and performance of implantable products used by medical device customers and further strengthened Evonik’s growth. In April 2022, Medtronic and GE Healthcare announced a partnership to address the specific needs and demand for treatment in ambulatory surgery centers (ASCs) and office-based laboratories (OBLs). Customers will have access to a comprehensive product portfolio, financial solutions, and great support because of this new partnership. Some of the prominent players in the biomaterials market include:
Related Associations and Societies:
