Global Biomedical Metal Market to grow at a CAGR of 7.27% over the period 2014-2019; Finds New Report

Report forecast the Global Biomedical Metal market to grow at a CAGR of 7.27 percent over the period 2014-2019.

Biomedical metals are being used for a number of applications in the Medical sector. The metals commonly used are stainless steel, titanium-based alloys, cobalt-based alloys, nitinol, magnesium and related metals. Stainless steel is the most widely used metal because of its biocompatibility and cost-effectiveness. Biomedical metal find a wide range of applications in implants, surgical instruments, dental, trauma fixations, and other biomedical applications.

The Global Biomedical Metal market can be segmented on the basis of type of biomedical metal: Stainless steel, Titanium-based Alloy, Cobalt-based Alloy, Magnesium, and Others, where stainless steel is the most widely used biomedical metal as it is biocompatible and cost-effective. It can also be segmented on the basis of application: Implants, Surgical Instruments, Dental, Trauma Fixation, and Others.

According to the report, higher demand for orthopedic implants is primarily contributing to market growth. Stainless steel, cobalt-based alloys, and titanium-based alloys are being widely used, as they are biocompatible and resistant to corrosion.

Further, the report states that the threat of metal implants being rejected by the surrounding tissue is a serious drawback that is restricting market growth. The interaction between the implant and the physiological environment in which it has been placed may, at times, lead to the implant being rejected by the surrounding tissue.

Global Biomedical Metal Market 2015-2019, has been prepared based on an in-depth market analysis, with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions. It also covers the Global Biomedical Metal market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Biomedical Metal Market: Biomet Inc., DENTSPLY International Inc., Invibio Ltd. and Wright Medical Group

Other Prominent Vendors in the market are: Bayer, Berkeley Advanced Biomaterials, Cam Bioceramics, Carpenter Technology, Ceradyne, DePuy Orthopaedics, DSM Biomedical, Evonik Industries, Heraeus Medical Components, Johnson Matthey, Materion, Orthovita, Osteotech and Teleflex.

Key Regions

• Americas
• EMEA       
• APAC

Market Driver

• Growth in Demand for Orthopedic Implants
• For a full, detailed list, view our report

Market Challenge

• Threat of Metal Implants being Rejected
• For a full, detailed list, view our report

Market Trend

• New Developments in Titanium-based Alloys
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 81 pages and 38 Exhibits “Global Biomedical Metal Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Global Biomedical Metal Market, Market Segmentation by Type, Market Segmentation by Application, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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