Global Bioactive Materials Market:
The global bioactive materials market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2032, exhibiting a growth rate (CAGR) of 11.44% during 2024-2032. The escalating demand for regenerative medicine is stimulating the market.
Report Attribute
|
Key Statistics
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Base Year
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2023
|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 2.8 Billion |
Market Forecast in 2032
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US$ 7.7 Billion |
Market Growth Rate 2024-2032 |
11.44% |
Bioactive Materials Market Analysis:
- Major Market Drivers: Several improvements in the field of biotechnology and life science are positively impacting the market.
- Key Market Trends: The introduction of innovative treatment options to promote tissue regeneration and repair is acting as a significant growth-inducing factor.
- Competitive Landscape: Some of the prominent companies in the global market include Arthrex Inc., BBS-Bioactive Bone Substitutes Oyj, Berkeley Advanced Biomaterials, Biomatlante SAS (Advanced Medical Solutions Group Plc), Ceraver, DePuy Synthes Inc. (Johnson & Johnson), Noraker, PULPDENT Corporation, and Regenity Biosciences, among many others.
- Geographical Trends: The extensive funding by public and private agencies to upgrade the overall healthcare infrastructures is stimulating the market in North America.
- Challenges and Opportunities: The complexity of manufacturing processes is catalyzing the market. However, the introduction of scalable production techniques is anticipated to fuel the market over the forecasted period.
Bioactive Materials Market Trends:
Extensive Orthopedic Applications
The increasing need to promote healing and stimulate new bone growth is catalyzing the market. Recent advancements have led to the launch of products that not only support bone repair but also offer enhanced mechanical properties and biocompatibility. In May 2024, Allegheny Performance Plastics unveiled injection molding high-performance materials for healthcare services, such as treatment, diagnostics, preventative care, rehabilitation, and support. Allegheny provides a five-step manufacturing process that is suitable for medical applications. As per the bioactive materials market forecast report, this is acting as a significant growth-inducing factor.
Introduction of Novel Variants
Companies are focusing on launching novel variants that can promote natural healing, and regeneration is stimulating the market. Additionally, they find extensive applications, including root canal treatments, fillings, bone grafts, etc., which will continue to bolster the market in the coming years. In February 2024, SprintRay Inc., one of the prominent players in digital dentistry and 3D printing solutions, developed a suite of cutting-edge products from the company's Biomaterial Innovation Lab. These innovations include the NightGuard Flex 2, NightGuard Firm 2, NanoCure post-curing device, Apex Base, etc.
Demand for Biodegradable Materials
The widespread adoption of biodegradable bioactive materials, as they provide advantages in minimizing long-term complications, is stimulating the market. Furthermore, extensive investments in creating new biodegradable bioactive materials that provide enhanced performance and safety profiles are projected to fuel the market over the foreseeable future. For instance, in June 2024, Kent Express Dental Supplies launched eco-friendly dental products that are designed to help DCPs deliver exceptional care to patients.
Global Bioactive Materials Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with the bioactive materials market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the material, type, and application.
Breakup by Material:
- Glass
- Glass-ceramics
- Composite
- Others
Glass dominates the market
The report has provided a detailed breakup and analysis of the market based on the material. This includes glass, glass-ceramics, composites and others. According to the report, glass represented the largest market segmentation.
Glass, as a bioactive material, has gained significant attention in medical applications, particularly in bone repair and regeneration. Moreover, companies like BonAlive and NovaBone have launched advanced bioactive glass products such as BonAlive granules and NovaBone Putty. This is contributing to the bioactive materials market outlook.
Breakup by Type:
- Powder
- Moldable
- Granules
- Others
Powder currently holds most of the total bioactive materials market share
The report has provided a detailed breakup and analysis of the market based on the type. This includes powder, moldable, granules, and others. According to the report, powder represented the largest market segmentation.
The critical role of bioactive powders in advancing regenerative medicine is fueling the segment's growth. One prominent example is the launch of NovaBone's bioactive glass powder. As per the bioactive materials market outlook report, this is acting as a significant growth-inducing factor.
Breakup by Application:
- Dentistry
- Surgery
- Bioengineering
- Others
Dentistry dominates the bioactive materials market demand
The report has provided a detailed breakup and analysis of the market based on the application. This includes dentistry, surgery, bioengineering, and others. According to the report, dentistry represented the largest market segmentation.
The growing number of dental treatments is propelling the growth of this segment. One notable advancement in this field is the introduction of BioAggregate, a bioactive endodontic cement used for root canal treatments.
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
North America exhibits a clear dominance in the market
The bioactive materials market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.
The well-established healthcare infrastructures, along with extensive investments in medical technologies, are stimulating the market in North America. For example, in February 2024, researchers from the CU School of Dental Medicine introduced novel precision biomaterials for 3D inkjet-printed dentures. This is expanding the bioactive materials market analysis report.
Competitive Landscape:
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market companies have also been provided. Some of the key players in the market include:
- Arthrex Inc.
- BBS-Bioactive Bone Substitutes Oyj
- Berkeley Advanced Biomaterials
- Biomatlante SAS (Advanced Medical Solutions Group Plc)
- Ceraver
- DePuy Synthes Inc. (Johnson & Johnson)
- Noraker
- PULPDENT Corporation
- Regenity Biosciences
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Bioactive Materials Market Recent Developments:
- June 2024: Kent Express Dental Supplies launched eco-friendly dental products that are designed to help DCPs deliver exceptional care to patients.
- May 2024: Allegheny Performance Plastics unveiled injection molding high-performance bioactive materials for healthcare services, such as treatment, diagnostics, preventative care, rehabilitation, and support.
- February 2024: SprintRay Inc., one of the prominent players in digital dentistry and 3D printing solutions, developed a suite of cutting-edge products from the company's Biomaterial Innovation Lab.
Bioactive Materials Market Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Material
- Type
- Application
- Region
|
Materials Covered |
Glass, Glass-ceramics, Composite, Others |
Types Covered |
Powder, Moldable, Granules, Others |
Applications Covered |
Dentistry, Surgery, Bioengineering, Others |
Regions Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Arthrex Inc., BBS-Bioactive Bone Substitutes Oyj, Berkeley Advanced Biomaterials, Biomatlante SAS (Advanced Medical Solutions Group Plc), Ceraver, DePuy Synthes Inc. (Johnson & Johnson), Noraker, PULPDENT Corporation, Regenity Biosciences, etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global bioactive materials market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global bioactive materials market?
- What is the impact of each driver, restraint, and opportunity on the global bioactive materials market growth?
- What are the key regional markets?
- Which countries represent the most attractive bioactive materials market?
- What is the breakup of the market based on the material?
- Which is the most attractive material in the bioactive materials market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the bioactive materials market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the bioactive materials market?
- What is the competitive structure of the global bioactive materials market?
- Who are the key players/companies in the global bioactive materials market?
Key Benefits for Stakeholders:
- IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the bioactive materials market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the global bioactive materials market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the bioactive materials industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.