A biomaterial is any substance, natural or synthetic,
that is similar to whole or part of a living system or a biomedical device that
treats or replaces any organ, tissue or function of the body, especially, a
material appropriate for use as prosthesis. Brazil is considered as one of the
most promising economies of the world due to the growing number of middle -
income consumers. Many market players of medical tourism consider Brazilian
market as an attractive destination due to increasing consumer demand, quality
services, stable input cost price and excellent medical facilities. This is
likely to attract entry of new medical firms. Moreover, the number of hospital
facilities and care units will also increase in due time.
The Brazil market is estimated to have a healthy growth
rate. Moreover, rising prevalence of lifestyle diseases and chronic diseases
such as cardiovascular diseases, aging population and life expectancy are some
of the major factors boosting the market size of biomaterials in Brazil. The
biomaterial market by product type includes Plastic surgery, Orthopedic, Wound
care, Cardiovascular, Urological and Gastrointestinal products.
The Biomaterial market is segmented on the basis of
material type as Polymers, Composites, Metals and Ceramic materials. These
materials are used in various products such as cardiac stents, catheters, and
others. Metals account for a major share of the biomaterial market owing to the
natural property of biocompatibility, low wear and tear rate etc. These
properties make metals more suitable for use in treatments and are likely to
increase its demand in biomaterials.
The Biomaterial application market is segmented as
surgical appliances and supplies, general surgery, electro medical equipment,
surgical and medical instruments, dental products and other applications.
Biomaterials have wide variety of applications such as in contact lenses, skin
repair, blood vessel prosthesis, gene transfer, drug delivery and dental
implants. Thus, increasing application of biomaterials is driving the supply
side of the market and is attracting more firms to invest in research and
development so as to produce new materials and capture a major portion of the
emerging market, thus expanding the market size.
This research report analyzes this market depending on
its market segments, major geographies, and current market trends. Geographies
analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis
of
Market growth
drivers
Factors limiting market
growth
Current market
trends
Market structure
Market projections for
upcoming years
This report is a complete study of current trends in
the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments
in technology, Porter’s five force model analysis and detailed profiles of top
industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed
value chain analysis.
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