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Biomaterial Testing Equipment Market - Forecasts and Analysis by Technavio
[October 02, 2017]

Biomaterial Testing Equipment Market - Forecasts and Analysis by Technavio


According to the latest market study released by Technavio, the global biomaterial testing equipment market is expected to grow at a CAGR of almost 4% during the forecast period.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171002006155/en/

Technavio has published a new report on the global biomaterial testing equipment market from 2017-20 ...

Technavio has published a new report on the global biomaterial testing equipment market from 2017-2021. (Graphic: Business Wire)

This research report titled 'Global Biomaterial Testing Equipment Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.

The growth in the healthcare sector is expected to drive the demand for biomaterials, thereby helping the growth of the biomaterial testing equipment market. Many countries such as India and the US are witnessing significant reforms in their healthcare sectors. Advanced countries such as Japan have a higher proportion of the aged population than the developing countries. China and India are the largest populous countries. The growth in population and increase in life expectancy in these countries will lead to a higher demand for medical facilities and healthcare, thereby resulting in significant investments in more advanced medical technology.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Technavio's heavy industry research analysts categorize the global biomaterial testing equipment market into the following segments by application. They are:

  • Cardiovascular
  • Orthopedic
  • Dental
  • Ophthalmology
  • Others

Looking for more information on this market? Request a free sample report

Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.


The top three revenue-generating application segments of the global biomaterial testing equipment market are discussed below:

Cardiovascular

Cardiovascular problems exist among a large portion of the population around the world. Advances in technology and materials are aiding to introduce innovative techniques to address various issues related to cardiovascular treatment. The use of new techniques for treating such issues makes it more affordable and comfortable for patients.

According to Anju Ajay Kumar, a lead test and measurement research analyst from Technavio, "The biomedical devices are usually manufactured from polymers, which are available in a wide variety of compositions and can be easily designed according to the desired shape. The rise in the demand for cardiac medical devices is expected to propel the demand for biomaterials, thereby driving the demand for biomaterial testing equipment."

Orthopedic

The biomaterial used in orthopedic applications comprise materials that interact with human tissue or body fluids to improve or replace an anatomical element in the body. These biomaterial devices are called implants. The growing number of patients suffering from the bone disorders, hip, knee, or spine-related issues is expected to spur the demand for orthopedic implants, thereby driving the demand for biomaterials.

"Companies provide a wide range of mechanical testing equipment to test these orthopedic medical device/implants. For instance, Instron offers Endurance and Fatigue Testing of Artificial Hip Implant Prostheses, Knee Testing: Fatigue of Tibial Trays for hip and knee implants, mechanical testing of spinal implants, and devices for spinal devices and others," adds Anju.

Dental

The growth in dentistry globally is expected to drive the demand for biomaterials, thereby driving the biomaterial testing equipment market in orthodontics and other branches of dentistry. Population aging and the growing awareness about oral health have led to the growth of dentistry across the globe. Artificial dental biomaterials have enabled people to improve their health and quality of life.

Currently, the biomaterials used in dentistry include polymers, ceramics, metals, and composites. These biomaterials help to restore the lost teeth or rectify periodontal problems. These biomaterials are biocompatible and bond permanently to the tooth structure. These also match the natural appearance of the teeth and exhibit properties similar to those of tooth enamel and other tissues and/or are capable of initiating tissue repair.

The top vendors highlighted by Technavio's research analysts in this report are:

  • Illinois Tool Works
  • MTS (News - Alert) Systems
  • Shimadzu
  • Zwick Roell

Browse Related Reports:

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.


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