Medical Engineered Materials Market, By Product Type, By Application, By End User, By Geography

Description

Global medical engineered materials market is expected to reach US$ 50.11 Bn by 2030, from US$ 19.66 Bn in 2023, exhibiting a CAGR of 14.3% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 19.66 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	14.30%	2030/2031 Value Projection:	US$ 50.11 Bn

Figure 1. Global Medical Engineered Materials Market Share (%), By Region, 2023

Medical Engineered Materials Market - IMG1

Medical engineered materials play a crucial role in the healthcare industry, and provides innovative solutions for a wide range of applications. These materials are specifically designed to meet the unique requirements of medical devices, implants, and equipment. These offer exceptional strength, durability, and biocompatibility, ensuring safe and effective healthcare solutions. There has been significant advancement in materials science and engineering which has expanded the use of materials like ceramics, metals, polymers, and composites in healthcare. Newer bioengineered materials are being developed that can closely mimic human tissues and aid in tissue regeneration. The advances are driven by the need for improved patient outcomes along with increasing complexity of medical procedures and treatments. Overall, the medical engineered materials industry plays a crucial role in developing innovative materials solutions that can elevate healthcare to the next level.

Market Dynamics:

Global medical engineered materials market growth is driven by several factors. Increasing prevalence of chronic diseases such as cardiovascular disorders, diabetes, and cancer is expected to boost demand for medical devices and implants. These materials offer exceptional properties including biocompatibility, durability, and flexibility, which are crucial in the development of advanced medical devices. Rising geriatric population worldwide is contributing to the market growth. The elderly population is more susceptible to chronic diseases and requires specialized medical treatments, which necessitate the use of medical engineered materials. Moreover, technological advancements in material science, such as the development of bio-based materials and nanotechnology-based coatings, are further driving market growth.

However, the market faces few challenges. Stringent regulations and quality standards imposed by regulatory authorities, such as the U.S. Food and Drug Administration (FDA), can pose hurdles for market players. Compliance with these regulations and obtaining regulatory approvals for new materials can be time-consuming and costly. Furthermore, the high cost associated with the development and manufacturing of medical engineered materials can act as a restraint for market growth.

Key features of the study:

This report provides in-depth analysis of the global medical engineered materials market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global medical engineered materials market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Evonik Industries AG, Covestro AG, BASF SE, Solvay, SABIC, Trelleborg AB, DSM, Celanese Corporation, DuPont de Nemours Inc.,
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global medical engineered materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical engineered materials market

Medical Engineered Materials Market Detailed Segmentation:

By Product Type
- Metallic Biomaterials
- Ceramics Biomaterials
- Polymeric Biomaterials
- Natural Biomaterials
- Composites Biomaterials
- Others
By Application
- Cardiovascular
- Orthopedic
- Dental
- Plastic Surgery
- Wound Healing
- Neuro-logical
- Others
By End User
- Hospitals
- Clinics
- Research Institutions
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Top companies in Global Medical Engineered Materials Market:
- Evonik Industries AG
- Covestro AG
- BASF SE
- Solvay
- SABIC
- Trelleborg AB
- DSM
- Celanese Corporation
- DuPont de Nemours Inc.

Product Code: CMI6308

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Medical Engineered Materials Market, By Product Type
- Medical Engineered Materials Market, By Application
- Medical Engineered Materials Market, By End User
- Medical Engineered Materials Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Growing prevalence of chronic diseases
- Stringent clinical & regulatory requirements
- Applications in personalized medicine
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Medical Engineered Materials Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Medical Engineered Materials Market, By Product Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Metallic Biomaterials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Ceramics Biomaterials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Polymeric Biomaterials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Natural Biomaterials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Composites Biomaterials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)

6. Global Medical Engineered Materials Market, By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Cardiovascular
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Orthopedic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Dental
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Plastic Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Wound Healing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Neuro-logical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)

7. Global Medical Engineered Materials Market , By End User, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Research Institutions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030, (US$ Bn)

8. Global Medical Engineered Materials Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030, (US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030, (US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030, (US$ Bn)
Argentina
Brazil
Mexico
Rest of Latin America

9. Middle East & Africa

Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030, (US$ Bn)
GCC Countries
Israel
South Africa
Central Africa
North Africa
Rest of Middle East

10. Competitive Landscape

Evonik Industries AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Covestro AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
BASF SE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Solvay
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
SABIC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Trelleborg AB
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
DSM
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Celanese Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
DuPont de Nemours Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Others
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

11. Section

Research Methodology
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