Biomaterial Testing Equipment Market – Forecasts and Analysis by Technavio

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LONDON–(BUSINESS WIRE)–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 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.

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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

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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 Systems
  • Shimadzu
  • Zwick Roell

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