Brazil Biomaterials in Healthcare Market Analysis

Brazil Biomaterials in Healthcare Market Analysis


$ 3999

Brazil's Biomaterials in Healthcare Market is expected to witness growth from $3.90 Bn in 2022 to $11.30 Bn in 2030 with a CAGR of 14.20% for the forecasted year 2022-30. The increasing incidence of periodontal disease, tooth decay, oral cancer, halitosis, and dental caries in Brazil is driving demand for biomaterials, which is expected to propel growth in the Brazilian biomaterial healthcare market. The market is segmented by type and by application. Some key players in this market include Baumer SA, Injex Surgical Industries, FGM Products Odontologicos, BASF SE, Johnson and Johnson, Medtronic, and Evonik Industries.

ID: IN10BRMD003 CATEGORY: Medical Devices GEOGRAPHY: Brazil AUTHOR: Jigyasu Bhandari

Buy Now

Brazil Biomaterials in Healthcare Market Executive Analysis

Brazil's Biomaterials in Healthcare Market is expected to witness growth from $3.90 Bn in 2022 to $11.30 Bn in 2030 with a CAGR of 14.20% for the forecasted year 2022-30. From 9.46% in 2018 to 9.59% in 2019, Brazil's present health expenditures increased (as a percentage of GDP). Brazil will spend 12.6% of its GDP on health by 2040, with room for growth in areas such as basic care, hospital care, medications, long-term care, and administration. Brazil has a 72.5-year male life expectancy and a 79.5-year female life expectancy. Population growth in Brazil is 0.7% yearly.

In Brazil, Biomaterials have recently grown in significance within the Brazilian healthcare industry. Biomaterials are substances created with the intention of interacting with biological systems to enhance health results. These materials are used in a variety of healthcare applications, including drug delivery devices and medical implants. Numerous medical implants, such as orthopedic implants, tooth implants, and cardiovascular implants, are made from biomaterials. Dressings and other wound care items are made from biomaterials to encourage healing and lower the risk of infection. To build scaffolds for tissue engineering, which can be used to produce replacement organs and tissues, biomaterials are used. The efficacy of treatments is increased by using biomaterials to build drug delivery devices that can release drugs over a predetermined time period. Diagnostic tools that can swiftly and precisely identify diseases and other health conditions, like lab-on-a-chip systems and biosensors, use biomaterials as their building blocks.

brazil-biomaterials-in-healthcare-market

Market Dynamics

Market Growth Drivers

The increasing incidence of periodontal disease, tooth decay, oral cancer, halitosis, and dental caries in Brazil is driving demand for biomaterials, which is expected to propel growth in the Brazil biomaterial healthcare market. Metals, polymers, ceramics, and alloys are examples of biomaterials. Patients and healthcare professionals are becoming more aware of the benefits of using nanomaterials in medicine. As more people become aware of these things, demand will undoubtedly continue to rise. Brazil's ageing population is driving up demand for biomaterials to treat age-related diseases like osteoarthritis, spinal issues, and cardiovascular disease. Demand for biomaterials is rising as more patients and health workers are informed of their advantages. The demand for biomaterials used in medical treatments like cosmetic surgery and dental implants is increasing in Brazil as a result of the country's expanding medical tourism sector.

Market Restraints

Many businesses are vying for market dominance in Brazil's fiercely competitive biomaterials business. Price volatility could result from this, which would reduce the profitability of production firms. Due to the high cost of biomaterial manufacturing, it might be challenging for new biomaterials companies in Brazil to enter the healthcare biomaterials market. Ethical issues may limit the use of biomaterials in certain situations, such as stem cell studies and tissue engineering.

Competitive Landscape

Key Players

  • Baumer SA (BR)
  • Injex Surgical Industries (BR)
  • FGM Products Odontologicos (BR)
  • BASF SE
  • Johnson and Johnson
  • Medtronic
  • Evonik Industries

Healthcare Policies and Regulatory Landscape

The Brazilian government's regulating body in charge of approving and supervising the use of medical devices and biomaterials is the National Health Surveillance Agency (ANVISA). ANVISA sets the standards for these goods' efficacy and safety and manages the registration procedure for businesses wishing to sell them in Brazil. In Brazil, intellectual property is registered and protected by the National Institute of Industrial Property (INPI). To secure their innovations, companies creating new biomaterials must apply for INPI patents. Brazil's national healthcare system, the Unified Health System (SHS), offers its citizens free or inexpensive medical treatment. SUS is essential to the acceptance and funding of contemporary medical innovations, such as biomaterials. Standards and technical rules for medical equipment and biomaterials are established in Brazil by the National Institute of Metrology, Quality, and Technology (INMETRO). Companies looking to market medical devices and biomaterials in Brazil frequently need to have INMETRO certifications. 

1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Biomaterials in Healthcare Market Segmentation

By Type (Revenue, USD Billion):

Based on type, the market is segmented into Metallic Biomaterials, Polymeric Biomaterials, Ceramic Biomaterials, and Natural Biomaterials. The Metallic Biomaterials segment accounted for the largest share of the Brazil market in 2019. The growing geriatric population Brazilly is expected to drive growth for this segment.

  • Metallic Biomaterials
    • Stainless Steel
    • Titanium & Titanium Alloys
    • Cobalt-Chrome Alloys
    • Gold
    • Silver
    • Magnesium
  • Polymeric Biomaterials
    • Polymethylmethacrylate
    • Polyethylene
    • Polyester
    • Silicone Rubber
    • Nylon
    • Polyetheretherketone
    • Other Polymeric Biomaterials
  • Ceramics
    • Calcium Phosphate
    • Zirconia
    • Aluminum Oxide
    • Calcium Sulfate
    • Carbon
    • Glass
  • Natural Biomaterials
    • Hyaluronic Acid
    • Collagen
    • Gelatin
    • Fibrin
    • Cellulose
    • Chitin
    • Alginates
    • Silk

By Application (Revenue, USD Billion):

The cardiovascular, orthopaedic, dental, plastic surgery, wound healing, tissue engineering, ophthalmology, neurological/CNS, and other applications segments are made up of the biomaterials market. The market category for wound healing is anticipated to have the highest CAGR in 2019. The market will increase as a result of factors including expanding healthcare infrastructure, a large population pool, a rising diabetic population, and rising healthcare spending. Surgical Guides

  • Cardiovascular
    • Catheters
    • Stents
    • Implantable Cardiac Defibrillators
    • Pacemakers
    • Sensors
    • Heart Valves
    • Vascular Grafts
    • Guidewires
    • Others
       
  • Orthopedic
    • Joint Replacement
      • Knee Replacement
      • Hip Replacement
      • Shoulder Replacement
      • Others
    • Viscosupplementation
    • Bioresorbable Tissue Fixation
    • Spine?
      • Spinal Fusion Surgeries
      • Minimally Invasive Fusion Surgeries
      • Motion Preservation & Dynamic Stabilization Surgeries
        • Pedicle-Based Rod Systems
        • Interspinous Spacers
        • Artificial Discs
    • Fracture Fixation Devices
      • Bone Plates
      • Screws
      • Pins
      • Rods
      • Wires
    • Synthetics Bone Grafts
       
  • Ophthalmology
    • Contact Lenses
      • Intraocular Lenses
      • Functional Replacement of Ocular Tissues
      • Synthetic Corneas
      • Others
  • Dental
    • Dental Implants
    • Dental Bone Grafts & Substitutes
    • Dental Membranes
    • Tissue Regeneration
       
  • Plastic Surgery
    • Soft-Tissue Fillers
    • Craniofacial Surgery
       
  • Wound Healing
    • Wound Closure Devices
      • Sutures
      • Staples
    • Surgical Hemostats
    • Internal Tissue Sealants
    • Adhesion Barriers
    • Hernia Meshes
       
  • Tissue Engineering
    • Scaffolds for Regenerative Medicine
    • Nanomaterials for Biosensing
    • Tailoring of Inorganic Nanoparticles
      ?
  • Neurological/Central Nervous System Applications
    • Shunting Systems
    • Cortical Neural Prosthetics
    • Hydrogel Scaffolds for CNS Repair
    • Neural Stem Cell Encapsulation
      ?
  • Other Applications
    • Drug Delivery Systems
    • Gastrointestinal Applications
    • Bariatric Surgery
    • Urinary Applications

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

To request a free sample copy of this report, please complete the form below.


We value your inquiry and offer free customization with every report to fulfil your exact research needs.


This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
  • Comprehensive Market Research Report in PDF and PPT formats

Need more?

  • Ask our analyst how this study was put together to learn more
  • Discuss additional requirements as part of the free customisation
  • Add more countries or regions to the scope 
  • Get answers to specific business questions 
  • Develop the business case to launch the product
  • Find out how this report may influence your business revenue
Last updated on: 27 September 2023
Updated by: Vidhi Upadhyay

Related reports (by category)


Related reports (by geography)


subscribe to our newsletter
up