Bioactive Materials Industry Overview

The global bioactive materials market size was valued at USD 2.0 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 14.0% from 2021 to 2028.

Rising demand for superior implantable materials coupled with the increasing concern to replace the traditional use of metal implants is expected to drive the market growth over the forecast period. The bioactive materials have a greater and stronger bond capacity with fluids and tissues, which drives their demand for body tissue healing and repairing purposes in the medical and healthcare industry. In addition, their application in the production of antibacterial products, pharmaceuticals, cosmetics, and others is driving the market growth.

The U.S. is anticipated to be the largest market in the North America region owing to the increasing emphasis on the development of healthcare facilities. In addition, the country is expected to witness an increase in dentistry and dental care-related application as per the American Dental Association (ADA), thereby augmenting the overall market growth in the coming years. The rising global geriatric population along with changing eating habits is also projected to boost the product demand, especially in dentistry applications.

Gather more insights about the market drivers, restrains and growth of the Global Bioactive Materials Market

Furthermore, the increasing product usage in various orthopedics surgeries and bioengineering applications is contributing to the market development. The materials specialize in transplants, repairing, regeneration, and reconstruction of cells, which is expected to drive their demand and support overall market growth in the years to come.

These products are resistant to wear & tear, bacterial micro-leakage, and moisture, which is increasing their demand in various application industries. However, the high set-up cost of advanced tools and technology used in the processing and application is expected to act as a major restraint for the growth of the global market.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

• Metal Recycling Equipment Market: The global metal recycling equipment market size was valued at USD 6.28 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.1% from 2021 to 2028. The increasing generation of construction and demolition waste and E-waste worldwide, coupled with favorable government policies, is anticipated to drive the demand for metal recycling equipment.

• Resilient Flooring Market: The global resilient flooring market size was estimated at USD 38.7 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 7.2% from 2021 to 2028. Increasing investments in the construction sector coupled with rising demand for improvements in aesthetics of the building is anticipated to drive the demand for resilient floorings over the forecast period.

Bioactive Materials Market Segmentation

Grand View Research has segmented the global bioactive materials market on the basis of material, type, application, and region:

Bioactive Materials Outlook (Revenue, USD Million, 2017 - 2028)

• Glass

• Glass-ceramic

• Composite

• Others

Bioactive Materials Type Outlook (Revenue, USD Million, 2017 - 2028)

• Powder

• Moldable

• Granules

• Others

Bioactive Materials Application Outlook (Revenue, USD Million, 2017 - 2028)

• Dentistry

• Surgery

• Bioengineering

• Others

Bioactive Materials Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America

• Europe

• Asia Pacific

• Central & South America

• Middle East & Africa

Key Companies profiled:

Some prominent players in the Global Bioactive Materials Market include

• Zimmer Holding Inc.

• Medtronic Inc.

• Stryker Corporation

• DePuy Synthes

• Biomatlante

• Arthrex, Inc.

• Pulpdent Corporation

• Bioactive Bone Substitutes Oy

• Lasak s.r.o

• Bioretec Ltd.

• Noraker

• Septodont Holding

• C.I. TAKIRON Corporation

Order a free sample PDF of the Bioactive Materials Market Intelligence Study, published by Grand View Research.