This report presents a strategic analysis of the Germany Biomaterials in Healthcare Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Germany Biomaterials in Healthcare Market, offering unmatched value, accuracy and expert insights.
In Europe, Germany is one of the countries with the highest healthcare expenditures, accounting for 11.1% of GDP on average. In the Covid year of 2020, health spending in Germany reached a new high of 440.6 billion euros or 5,298 euros per person. 13.1% of the country's GDP was spent on healthcare in 2020. (GDP). This percentage increased by 1.2 percentage points over the previous year.
In 2022, it is anticipated that the Health Care segment's revenue will amount to US$1,645.00m. Revenue is anticipated to rise at an average yearly rate of 18.45% (CAGR 2022-2025), with a predicted market size of US$2,734.00m by 2025. By 2025, there will likely be 22.6 million users in the healthcare segment. User penetration is anticipated to reach 27.1% by 2025 and will be 24.1% in 2022. It is anticipated that the average revenue per user (ARPU) will be US$81.50.
To develop universal health care, deal with medical emergencies, and encourage healthier populations, access to high-quality, reasonably priced, and suitable health products is essential.
Without medical devices, it would be impossible to do regular medical procedures like bandaging a damaged ankle, diagnosing HIV/AIDS, implanting an artificial hip, or performing any type of surgery. Medical gadgets are utilized by laypeople at home, paramedical workers and clinicians at outlying clinics, optometrists, dentists, and healthcare professionals in cutting-edge medical facilities, for screening and prevention, as well as in palliative care. These medical technologies are employed in the diagnosis and treatment of acute and chronic illnesses, as well as in the support of persons with disabilities.
In today's healthcare, biomaterials are crucial. They are utilized in medical applications to improve, replace, or support damaged tissue or a biological function. They can be natural or synthetic. A biomaterial can be made from materials such as metals, ceramics, plastic, polymers, and even biological cells and tissues. They have a wide range of uses, including in drug delivery systems, medical implants (such as heart valves, stents, grafts, artificial joints, ligaments, and tendons), and ways to assist the healing of human tissues (such as sutures and clips). The prevalence of cardiovascular disorders is on the rise, implantable device demand is increasing, and governmental and non-governmental organizations are providing more funding for the development of innovative biomaterials, all of which are contributing factors to the market growth for these materials.
The Europe Biomaterials in Healthcare Market size is at around US $ 31.3 Bn in 2021 and is projected to reach US $ 61.57 Bn in 2030, exhibiting a CAGR of 14.3% during the forecast period.
Market Growth Drivers Analysis
Over the past few years, biomaterials have become more in demand and used in a variety of medical applications. The development of innovative biomaterials is being supported by investments, funding, and grants from a number of government agencies and academic institutions. For instance, Drexel University awarded the National Science Foundation $200,000 in March 2018 to support research on the impact of macrophage behaviour control by biomaterials on biomaterial vascularization. Such research and funding initiatives should encourage the creation of novel biomaterials, opening up a wide range of potential for the market's expansion.
Before any new biomaterials can be approved for marketing, it must be shown that it is both safe and effective. The FDA has established tight criteria and restrictions for the approval procedure in the US. Implantable pacemakers, stents, and heart valves are examples of biomaterial-based goods that are categorized by the FDA as Class III devices, which are those that carry the greatest risk of sickness or harm. As a result, the premarket approval application procedure is used for these products (the most stringent type of device marketing application).
Key players in the biomaterials market include BASF SE, Covestro AG, Celanese Corporation, Corbion, Royal DSM, Evonik Industries, Carpenter Technology Corporation, Berkeley Advanced Biomaterials, Cam Bioceramics B.V., CoorsTek Inc., CeramTec, and Gelita AG
1. Report Description of the Germany Biomaterials in Healthcare Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Germany Biomaterials in Healthcare Market Executive Summary
2.1 Germany Biomaterials in Healthcare Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Germany Biomaterials in Healthcare Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Germany Biomaterials in Healthcare Market Segmentation
4.1 By Type
4.1.1 Metallic Biomaterials
126.96.36.199 Stainless Steel
188.8.131.52 Titanium & Titanium Alloys
184.108.40.206 Cobalt-Chrome Alloys
?4.1.2 Polymeric Biomaterials
220.127.116.11 Silicone Rubber
18.104.22.168 Other Polymeric Biomaterials
22.214.171.124 Calcium Phosphate
126.96.36.199 Aluminum Oxide
188.8.131.52 Calcium Sulfate
4.1.4 Natural Biomaterials
184.108.40.206 Hyaluronic Acid
4.2 By Application
220.127.116.11 Implantable Cardiac Defibrillators
18.104.22.168 Heart Valves
22.214.171.124 Vascular Grafts
126.96.36.199.1 Joint Replacement
188.8.131.52.2 Knee Replacement
184.108.40.206.3 Hip Replacement
220.127.116.11.4 Shoulder Replacement
18.104.22.168 Bioresorbable Tissue Fixation
22.214.171.124.1 Suture Anchors
126.96.36.199.2 Interference Screws
188.8.131.52.3 Meniscal Repair Tacks
184.108.40.206.1 Spinal Fusion Surgeries
220.127.116.11.2 Minimally Invasive Fusion Surgeries
18.104.22.168.3 Motion Preservation & Dynamic Stabilization Surgeries
22.214.171.124.3.1 Pedicle-Based Rod Systems
126.96.36.199.3.2 Interspinous Spacers
188.8.131.52.3.3 Artificial Discs
184.108.40.206.4 Fracture Fixation Devices
220.127.116.11.4.1 Bone Plates
18.104.22.168.5 Synthetics Bone Grafts
22.214.171.124 Contact Lenses
126.96.36.199 Intraocular Lenses
188.8.131.52 Functional Replacement of Ocular Tissues
184.108.40.206 Synthetic Corneas
220.127.116.11 Dental Implants
18.104.22.168 Dental Bone Grafts & Substitutes
22.214.171.124 Dental Membranes
126.96.36.199 Tissue Regeneration
4.2.5 Plastic Surgery
188.8.131.52 Soft-Tissue Fillers
184.108.40.206 Craniofacial Surgery
4.2.6 Wound Healing
220.127.116.11 Wound Closure Devices
18.104.22.168 Surgical Hemostats
22.214.171.124 Internal Tissue Sealants
126.96.36.199 Adhesion Barriers
188.8.131.52 Hernia Meshes
4.2.7 Tissue Engineering
184.108.40.206 Scaffolds for Regenerative Medicine
220.127.116.11 Nanomaterials for Biosensing
18.104.22.168 Tailoring of Inorganic Nanoparticles
4.2.8 Neurological/Central Nervous System Applications
22.214.171.124 Shunting Systems
126.96.36.199 Cortical Neural Prosthetics
188.8.131.52 Hydrogel Scaffolds for CNS Repair
184.108.40.206 Neural Stem Cell Encapsulation
4.2.9 Other Applications
220.127.116.11 Drug Delivery Systems
18.104.22.168 Gastrointestinal Applications
22.214.171.124 Bariatric Surgery
126.96.36.199 Urinary Applications
5. Germany Biomaterials in Healthcare Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Germany
8.2 Regulatory Framework in Germany
8.3 Pricing & Reimbursement Scenario in Germany Biomaterials in Healthcare Market
9. Factors Driving Future Growth
9.1 New Trends and Development Germany Biomaterials in Healthcare Market
9.2 Future Opportunities
10. Strategic Recommendations
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 Germany market in 2019. The growing geriatric population Germanyly is expected to drive growth for this segment.
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
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