South America Biomaterials Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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South America Biomaterials Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Biomaterials are the substance which is used in medical procedures such as tissues replacement or a diagnostic and to repair damaged organs. Biomaterials either may be artificial or natural materials which will relate biological systems for cardiovascular, orthopaedic, and neurological disorders. These have some applications in the biomineralisation, biomolecules, biotechnology, and Biomed engineering.

South America Biomaterials Market Segments Size & Growth:

South America Biomaterials Market is accounted for $XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth are by the superior properties of biomaterial, increase in inventions in biomaterials, rise in ageing population, high per capita income. However, safety issues and compatibility hinder the growth of the biomaterials market.

South America Biomaterials Market Segments Share:

South America Biomaterials Market is categorised

South America Biomaterials Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
into by speciality which consists of cardiology, neurology, orthopaedics, dental, and gynaecology. Cardiology and orthopaedics have the most significant share due to increase in cardiovascular diseases and demand for orthopaedic surgeries. By a type of materials, biomaterials market is classified by bioactive material, bioinert material, and a bioresorbable material. Bioinert material has the highest market because of demand for orthopaedic procedures to support bones and their replacements.

By Geography, Brazil is dominating the biomaterials market, and the growth in South America is mainly attributed to rising demand for cardiovascular diseases and orthopaedic surgeries. Furthermore, Argentina is witnessing the fastest growth during the forecast period, due to the rise in funds offering for biomaterials.

South America Biomaterials Market Segments Trends:

  • Corbion N.V. has developed a bioplastic material PLA (polylactic acid) made from sugarcane and sugar beets which helps

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South America Biomaterials Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
in decreasing carbon footprints.
  • In July 2017, Zimmer Biomet Holdings Inc. acquired Clinical Graphics to diagnose hip impingement and various orthopaedic surgeries.
  • South America Biomaterials Research Report:

    An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

    To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

    Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

    Identifying DROC in the current market and their impact in altering the market dynamics.

    Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

    Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

    • Corbion N.V.
    • Midatech
    • BASF SE
    • Royal DSM
    • Oasmia

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