Bioactive Materials Market Research Report 2024
Bioactive Materials Market Global Industry Analysis and Forecast (2024-2032) By Material Type (Metals, Ceramics, Polymers, Composites), Form (Powder, Moldable, Granules), Application (Orthopaedics, Dentistry, Pharmaceuticals & Biotechnology), And Region
Bioactive Materials Market Synopsis
Bioactive Materials Market Size Was Valued at USD 2401.10 Million in 2023 and is Projected to Reach USD 8420.37 Million by 2032, Growing at a CAGR of 14.96% From 2024-2032.
Bioactive materials are a type of materials that demonstrate biological abilities to elicit a reaction from the biological system when needed for clinical purposes. These materials are created to engage with the tissues and cells of the body, encouraging healing, tissue regeneration, and functional recovery.Bioactive compounds in plants can provide various health benefits, including improving heart health by lowering cholesterol, reducing blood pressure, and promoting better blood flow.Bioactive compounds possess antioxidants to protect cells from damage, anti-inflammatory benefits to help with issues like arthritis, and antimicrobial properties to prevent infections. Specific bioactive compounds could help lower the chances of developing cancer and improve overall health by boosting the nutritional value of food.
These bioactive compounds sourced from ingredients like ginger have a beneficial impact on managing metabolic disorders. These compounds are increasingly being used in supplements and functional foods to improve cardiovascular and metabolic health.Within the field of biomaterials, bioactive materials possess the capacity to stimulate healing, support tissue regrowth, and generate diverse medicinal impacts. Overall, bioactive compounds significantly improve overall health and quality of life by acting through various mechanisms and applications.
Top Active Players Involved Are:
Boston Scientific (United States), Depuy Synthes (United States), Evonik Industries AG (Germany), DSM (Netherlands), Arthrex, Inc. (United States), Zimmer Biomet Holdings, Inc. (United States), Johnson & Johnson (United States), Stryker Corporation (United States), Medtronic plc (Ireland), Biomatlante (France), Pulpdent Corporation (United States), Bioactive Bone Substitutes Oy (Finland), Lasak s.r.o (Czech Republic), Bioretec Ltd. (Finland), Noraker (United Kingdom), Septodont Holding (France), C.I. TAKIRON Corporation (Japan), Carpenter Technology Corporation (United States), Berkeley Advanced Biomaterials (United States), Invibio Ltd (United Kingdom), BASF SE (Germany), Covalon Technologies Ltd (Canada), Dentsply Sirona (United States), CoorsTek Inc. (United States), Corbion (Netherlands), and Other Active Players.
Bioactive Materials Market Trend Analysis
Increasing Demand from the Orthopaedics
- The growing number of orthopaedic disorders among elderly individuals has led to a greater demand for bioactive materials, such as bone graft substitutes, for medical procedures.
- Progress in biomaterial technology has resulted in the creation of bioactive materials that imitate natural bone tissue. This is essential for orthopaedic procedures, sports injuries, and minimally invasive surgeries.
- Bioactive materials are crucial in regenerative medicine and tissue engineering, forming scaffolds that promote cell growth and tissue regeneration. Ramped-up funding for research and development, combined with backing from the government, is fueling the advancement and monetization of bioactive materials in orthopaedics.
- As healthcare spending increases globally, there is a greater allocation of resources towards advanced medical treatments, including those that utilize bioactive materials.
Growing Demand in Various Industries
- Bioactive materials are essential in various industries such as healthcare, cosmetics, pharmaceuticals, food processing, environmental applications, aerospace, consumer goods, research and development, sustainability, and animal health/agriculture.
- In healthcare, materials are used for bone graft substitutes, dental implants, and wound dressings. Cosmetics benefit from bioactive materials like peptides for collagen production. Drug delivery systems in pharmaceuticals target cells effectively.
- The food industry improves nutritional value and shelf life. Environmental applications use bioactive materials for sensors and bioremediation. Aerospace benefits from lightweight and durable materials. Consumer goods use bioactive materials for antimicrobial coatings.
- Sustainable products utilize bioactive materials from renewable sources. Animal health and agriculture benefit from bioactive materials for treatments and fertilizers.
Bioactive Materials Market Segment Analysis:
Bioactive Materials market is segmented on the basis of Material Type, Form, and Application.
By Form, Powder Segment Is Expected to Dominate the Market During the Forecast Period
There are three segments by form such as powder, mouldable, and granules. Among these, the powder segment is expected to dominate the market during the forecast period.
- Powders offer versatility in application through formulation flexibility, easy processing, and adjustable properties. They can be easily mixed with other materials or liquids to create various formulations and processed using different techniques, making them suitable for a wide range of medical devices.
- Additionally, powders are cost-effective to produce in bulk, reducing waste and improving efficiency in materials usage. With better stability for storage and transportation, powders are convenient and economical for manufacturers and end-users.
- In medical and dental applications, they are widely used for bone grafting, implant coatings, dental cements, and fillings to promote bone regeneration and improve osseointegration. In research and development, powders play a significant role in material science research and creating drug delivery systems.
- Powdered bioactive materials also meet regulatory compliance standards with easier standardization and quality control, ensuring safety in handling. For consumers, powders are preferred for their ease of use and ability to customize dosages or mixtures based on specific needs.
By Application, Dentistry Segment Held the Largest Share In 2023
There are three segments by application such as orthopaedics, dentistry, pharmaceuticals & biotechnology. Among these, the dentistry segment held the largest share in 2023.
- The growing number of dental problems in older individuals, like cavities, gum disease, and missing teeth, is causing an increase in the worldwide need for dental treatments.
- Developments in bioactive dental materials are increasing the efficiency and longevity of restorative treatments, enhancing the comfort of patients. These materials are essential in regenerative dentistry, facilitating the regeneration of bones and tissues.
- Bioactive materials in cosmetic dentistry enable the creation of restorations that look natural to fulfill the need for aesthetic enhancements. Continuous research is developing fresh formulas that imitate real teeth, as advanced technologies such as 3D printing and nanotechnology allow for customized dental remedies.
- Healthcare policies that include bioactive materials can enhance availability and cost-effectiveness, increasing market demand. Trends such as urbanization and dental tourism are adding to the increasing need for high-quality bioactive materials in the field of dentistry.
Source: Company Database
- The global revenue of the oral care segment was 45.71 billion USD in 2018 and reached 51.45 billion USD in 2023.
Bioactive Materials Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast Period
- Extensive government funding in North America drives biomaterial research and development, fostering innovation and commercialization. The region's advanced healthcare infrastructure and strong economy support the adoption of new biomaterials in medical applications.
- Key market players enhance biomaterial products to meet the demand for treatments and surgeries. Regulatory agencies like the FDA ensure the safety of biomaterials.
- Educational institutions and technological advancements contribute to biomaterial science progress. Strong supply chains, manufacturing capabilities, and health insurance policies promote accessibility to advanced medical treatments.
- Venture capital, investment, and cross-border collaboration stimulate growth and innovation in the biomaterials sector. The innovation ecosystem with start-ups and technology parks accelerates biomaterial development and commercialization in North America.
Bioactive Materials Market Active Players
- Boston Scientific (United States)
- Depuy Synthes (United States)
- Evonik Industries AG (Germany)
- DSM (Netherlands)
- Arthrex, Inc. (United States)
- Zimmer Biomet Holdings, Inc. (United States)
- Johnson & Johnson (United States)
- Stryker Corporation (United States)
- Medtronic plc (Ireland)
- Biomatlante (France)
- Pulpdent Corporation (United States)
- Bioactive Bone Substitutes Oy (Finland)
- Lasak s.r.o (Czech Republic)
- Bioretec Ltd. (Finland)
- Noraker (United Kingdom)
- Septodont Holding (France)
- I. TAKIRON Corporation (Japan)
- Carpenter Technology Corporation (United States)
- Berkeley Advanced Biomaterials (United States)
- Invibio Ltd (United Kingdom)
- BASF SE (Germany)
- Covalon Technologies Ltd (Canada)
- Dentsply Sirona (United States)
- CoorsTek Inc. (United States)
- Corbion (Netherlands), and Other Active Players.
Key Industry Developments in the Bioactive Materials Market:
- In April 2024, Gattefossé introduces Eyeglorius, a new oil-soluble bioactive for eyecare, at in-cosmetics global. Eyeglorius is an organic solution that targets signs of fatigue around the eyes, offering possibilities for skincare and makeup formulations. The product addresses multiple factors.
- In July 2023, Cologne launched Septodont's latest restorative innovation, Biodentine XP. This new version of their dentine replacement system. Despite the improvements, the material itself remains the same - a biocompatible, bioactive substitute that has been popular for over a decade. Biodentine XP offers a more user-friendly process, with pre-mixed cartridges and a high-speed mixing unit for optimal consistency.
|
Bioactive Materials Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2401.10 Mn. |
|
Forecast Period 2024-32 CAGR: |
14.96 % |
Market Size in 2032: |
USD 8420.37 Mn. |
|
Segments Covered: |
By Material Type |
|
|
|
By Form |
|
||
|
By Application |
|
||
|
By Region |
|
||
|
Key Market Drivers: |
|
||
|
Key Market Restraints: |
|
||
|
Key Opportunities: |
|
||
|
Companies Covered in the report: |
|
||
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Bioactive Materials Market by By Material Type
4.1 Bioactive Materials Market Snapshot and Growth Engine
4.2 Bioactive Materials Market Overview
4.3 Metals
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value
Frequently Asked Questions
What would be the forecast period in the Bioactive Materials Market research report?
The forecast period in the Bioactive Materials Market research report is 2024-2032.
Who are the key players in the Bioactive Materials Market?
Boston Scientific (United States), Depuy Synthes (United States), Evonik Industries AG (Germany), DSM (Netherlands), Arthrex, Inc. (United States), Zimmer Biomet Holdings, Inc. (United States), Johnson & Johnson (United States), Stryker Corporation (United States), Medtronic plc (Ireland), Biomatlante (France), Pulpdent Corporation (United States), Bioactive Bone Substitutes Oy (Finland), Lasak s.r.o (Czech Republic), Bioretec Ltd. (Finland), Noraker (United Kingdom), Septodont Holding (France), C.I. TAKIRON Corporation (Japan), Carpenter Technology Corporation (United States), Berkeley Advanced Biomaterials (United States), Invibio Ltd (United Kingdom), BASF SE (Germany), Covalon Technologies Ltd (Canada), Dentsply Sirona (United States), CoorsTek Inc. (United States), Corbion (Netherlands), and Other Active Players.
What are the segments of the Bioactive Materials Market?
The Bioactive Materials Market is segmented into Material Type, Form, Application, and Region. By Material Type, the market is categorized into Metals, Ceramics, Polymers, Composites. By Form, the market is categorized into Powder, Moldable, Granules. By Application, the market is categorized into Orthopaedics, Dentistry, Pharmaceuticals & Biotechnology. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
What is the Bioactive Materials Market?
Bioactive materials are a type of materials that demonstrate biological abilities to elicit a reaction from the biological system when needed for clinical purposes. These materials are created to engage with the tissues and cells of the body, encouraging healing, tissue regeneration, and functional recovery.
How big is the Bioactive Materials Market?
Bioactive Materials Market Size Was Valued at USD 2401.10 Million in 2023, and is Projected to Reach USD 8420.37 Million by 2032, Growing at a CAGR of 14.96% From 2024-2032.
