London, 15 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Bioactive Material Market 2014-2018.
About Bioactive Materials
Bioactive materials have the ability to react with body fluids and tissues without having a negative impact on human health. They are extensively used as tissue replacement and tissue repair materials and are mainly used in surgical procedures. The latest report by TechNavio focuses on market conditions contributing to a CAGR of 13.30 percent from 2013-2018.
The report highlights an increased number of trauma, spinal and orthobiological surgeries because of the increased aging population, which will push demand for bioactive materials over the next few years. It also discusses the growing demand for bioactive material because of its varied uses such as hard tissue repair, soft tissue repair and tissue engineering. The key end users highlighted in this report include:
- Medical Sector
- Dentistry Sector
- Cosmetic Sector
“Bioactive materials are mainly used in medical applications, which is really bolstering the market as the medical sector grows at a very rapid pace,” says Faisal Ghaus, Vice President of TechNavio.
“The unique properties of these materials make them suitable for use in different application sectors, thus opening up wide opportunities for the market to grow during the forecast period.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increased Aging population
- For a full detailed list, view our report.
Market Challenges:
- High Cost of New Technologies
- For a full detailed list, view our report.
Market Trends:
- Increased Use of Synthetic Material in Grafting
- For a full detailed list, view our report.
Key Vendors:
- Biomet Inc.
- DePuy Synthes Inc.
- Medtronic Inc.
- Stryker Corp.
- Zimmer Holdings Inc.
Other Prominent Vendors:
- 3Di
- Aap Implantate
- Arthrex
- Baxter
- Curasan
- Dentsply
- Heraeus Kulzer
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