Biomaterials and Tissues Engineering will be organized around the theme "Key Trends in Biomaterials and Tissues Engineering"
biomaterials-2023 is compromised of 17 tracks and 0 sessions designed to offer comprehensive sessions that address current issues in biomaterials-2023
Submit your abstract to any of the mentioned tracks. All related abstracts are accepted.
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Tissue Engineering in biomaterials is a rapidly expanding sector within the global regenerative medicine market. According to Market Research Future, the tissue engineering market is predicted to reach approximately $53.2 billion by 2027, growing at a CAGR of 17.84% during 2020-2027. This growth in biomaterials is driven by technological advancements, increased prevalence of chronic diseases, and the rising geriatric population globally. Additionally, the increased investment in R&D and higher demand for organ transplantation are expected to propel the market forward. However, high costs and regulatory challenges may hinder market growth. Nevertheless, potential breakthroughs in biomaterials and stem cells present immense opportunities for this sector.
The global Drug Delivery Systems market in biomaterials is projected to experience significant growth, fueled by increasing prevalence of chronic diseases, technological advancements, and the rise in biologics and biosimilars in biomaterials. According to a report by Grand View Research, the market size is expected to reach approximately $900.3 billion by 2028, growing at a CAGR of 5.4% from 2021. The development of targeted drug delivery systems and nanotechnology has particularly sparked interest. However, stringent regulatory frameworks and high development costs pose challenges. Despite these hurdles, ongoing R&D in personalized medicine and combination therapies present promising opportunities in this dynamic market.
The global orthopedic implants in biomaterials market is poised for robust growth, driven by an aging global population, increased prevalence of osteoporosis and osteoarthritis, and advancements in implant technologies. According to Markets, the market is predicted to reach around $64.0 billion by 2027, at a CAGR of approximately 4.6% from 2022 to 2027. The growing popularity of minimally invasive surgeries and the rise of 3D-printing in orthopedics are significant growth factors. However, the market faces hurdles like strict regulatory scrutiny and the high cost of procedures. Emerging markets, personalized orthopedic implants, and bioabsorbable implants in biomaterials are seen as potential growth opportunities.
The cardiovascular devices market, especially those utilizing biomaterials, is seeing notable growth, driven by the rising incidence of cardiovascular diseases (CVDs), an aging population, and technological advancements. According to a report by Fortune Business Insights, the market is projected to reach around $60.3 billion by 2027, registering a CAGR of 6.4% from 2020. The development of innovative biomaterials for devices like stents, heart valves, and pacemakers are key growth stimulators. Nevertheless, the high cost of devices and stringent regulatory policies may restrict growth. Future market expansion is anticipated through the advent of bioresorbable stents and novel biomaterials.
The global market for biomaterials in wound healing and regeneration is experiencing substantial growth. Factors driving this include a rise in chronic conditions like diabetes, an aging global population, and increasing demand for advanced wound care therapies. According to Meticulous Research, this market is expected to reach approximately $29.7 billion by 2027, growing at a CAGR of 6.5% from 2020. Despite potential hindrances like high costs and regulatory issues, the advent of innovative biomaterials for wound dressings and regenerative medicine opens new growth avenues. The focus on biocompatible, biodegradable, and antimicrobial materials underscores this dynamic market's potential.
The global BioactiveMaterials market is expanding significantly, driven by the growing prevalence of chronic diseases, rising geriatric population, and increased demand for medical implants. As per a report by Transparency Market Research, this market is projected to reach $55.85 billion by 2027, growing at a CAGR of 6.4% from 2019 to 2027. Bioactive materials' of biomaterials has the ability to interact with biological systems and promote healing is driving their use in diverse applications, particularly in dentistry and orthopedics. However, high costs and stringent regulatory processes may impede growth. Nevertheless, advancements in bioactive glass and ceramics offer substantial opportunities in this promising market.
The global biosensors market is exhibiting robust growth, fueled by the escalating prevalence of chronic and lifestyle-induced diseases, the need for point-of-care testing, and advances in nanotechnology. According to Markets, the biosensors market is expected to reach approximately $36.7 billion by 2026, growing at a CAGR of 7.5% from 2021 to 2026. Biosensors' adaptability for integration into different devices and a rise in demand for glucose monitoring systems are key growth drivers. While regulatory hurdles and pricing pressure may challenge the growth, emerging markets and non-invasive biosensors offer significant opportunities for the industry.
The global nanobiomaterials market is witnessing substantial growth, driven by their increasing application in drug delivery, regenerative medicine, and diagnostics. According to a report by Allied Market Research, this market is projected to reach $11.9 billion by 2025, registering a CAGR of 12.3% from 2018 to 2025. The development of advanced nanobiomaterials, especially for targeted therapy, has spurred significant interest. Despite potential challenges such as high costs and stringent regulatory issues, innovative applications in areas like tissue engineering, orthopedics, and dentistry, along with increased investment in nanotechnology research, present substantial growth opportunities.
The global biodegradable materials market is experiencing rapid growth due to the escalating environmental concerns and stringent government regulations against conventional plastics. According to a report by MarketsandMarkets, the market is projected to reach around $6.7 billion by 2026, at a CAGR of 13.4% from 2021. Biodegradable materials' potential in reducing waste and their increasing applications in sectors like packaging and agriculture are propelling the market. Despite challenges like high costs and limited availability, advancements in research and development for new applications, particularly in the medical field for drug delivery and implants, present promising market opportunities.
The market for biocompatibility and immunomodulation, critical considerations in the development of biomedical devices and materials, is witnessing significant growth. This is driven by increasing prevalence of chronic diseases, aging populations, and advances in biomaterials science. While exact market size figures are challenging to delineate due to the intersectionality of fields, the overall biomaterials market, underpinned by biocompatibility and immunomodulation, is expected to reach $297 billion by 2022 according to a report by MarketsandMarkets. Despite potential regulatory and biocompatibility challenges, the escalating demand for innovative medical implants and therapies offer considerable opportunities.
The global market for Stem Cell Engineering in biomaterials is experiencing robust growth driven by advancements in regenerative medicine and the need for novel therapies for chronic diseases. According to a report by Fortune Business Insights, the stem cells market, a related sector, is projected to reach $50.4 billion by 2027, at a CAGR of 6.6% from 2020. Stem cell engineering's role in creating therapies for conditions like cancer, neurodegenerative disorders, and cardiac diseases is propelling this market. Although ethical considerations and regulatory hurdles pose challenges, the potential for breakthroughs in personalized medicine and tissue engineering presents significant opportunities.
The Neural Interfaces market is expanding rapidly, fueled by the rising prevalence of neurological disorders and technological advancements in neurology. According to a report by Markets and Markets, the overall neuroprosthetics market, a closely related sector, is expected to reach $10.48 billion by 2025, growing at a CAGR of 12.4% from 2020. The development of advanced neural interfaces for restoring sensory and motor functions is a key growth stimulator. Regulatory challenges and the high cost of devices may restrict growth, but the emergence of novel biomaterials for interfacing with the nervous system offers substantial market opportunities.
The global market for ophthalmological applications of biomaterials is witnessing steady growth, driven by an aging population, a rising prevalence of eye diseases, and advancements in biomaterials science. According to a report by Transparency Market Research, the global ophthalmic devices market is projected to reach around $58 billion by 2025, at a CAGR of around 4% from 2017. Biomaterials are pivotal in developing intraocular lenses, contact lenses, and other ocular implants. Despite regulatory challenges and high costs, the innovation in ocular drug delivery systems and the advent of bio-inspired materials present substantial growth opportunities in this market.
The Bioinspired and Biomimetic Materials market is witnessing significant growth driven by increased R&D activities and a growing focus on sustainable development. While specific market data is limited due to the niche nature of this field, it plays a critical role in the broader biomaterials market, expected to reach $240.3 billion by 2026, as per a report by Fortune Business Insights. These biomaterials' ability to mimic natural biological systems opens up opportunities in various sectors, from medical to environmental applications. While technical and scale-up challenges exist, their potential in delivering innovative, sustainable solutions offers substantial market opportunities.
The market for biomaterials in gene therapy is experiencing robust growth, driven by advancements in genetic engineering and the rising prevalence of genetic disorders. According to a report by Allied Market Research, the global gene therapy market is projected to reach $6.21 billion by 2026, growing at a CAGR of 33.6% from 2019 to 2026. The development of innovative biomaterial based vectors for safer and more efficient delivery of therapeutic genes is a key market stimulator. While technical challenges and regulatory hurdles exist, the potential of gene therapies in treating currently incurable diseases presents immense market opportunities.