12/10/2023
The global bioactive materials market size was USD 259.31 Billion in 2022 and is expected to register a revenue CAGR of 10% over the forecast period, according to the latest report by Reports and Data.
The development of implants, wound treatment, and Tissue Engineering all make extensive use of bioactive materials in the medical sector, which is driving market revenue growth.
Furthermore, demand for bioactive materials is expected to rise as medical technology advances and healthcare costs rise in a variety of applications, including drug delivery systems, dental implants, and orthopedic implants. The world's aging population is also driving market revenue growth, as the elderly are more susceptible to chronic illnesses and require more sophisticated medical care.
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Some of the prominent players profiled in the global bioactive materials market:
DePuy Synthes
Stryker Corporation
Wright Medical Group N.V.
Biocomposites Ltd.
Collagen Matrix, Inc.
Arthrex, Inc.
CeramTec GmbH
Dentsply Sirona, Inc.
Medtronic
Koninklijke DSM N.V.
Invibio Ltd.