Albany, NY -- (SBWIRE) -- 08/07/2017 -- This industry research report identifies Ahlstrom, Asahi Kasei, Donaldson, Nanofiber Solutions, SNS Nanofiber Technology, TEIJIN, and Toray as the key vendors in the global nanofiber materials market for the biomedical industry. This industry research report also presents a competitive analysis of the market by product type (synthetic polymers, natural polymers, ceramic and inorganic, carbon and graphene, and metallic), by application (filters and membranes, medical textiles and wound dressings, tissue engineering, and drug delivery), and by geography (the Americas, APAC, Europe, and ROW).
Overview of the global nanofiber materials market for the biomedical industry -
Market research analysts at Technavio predict that the global nanofiber materials market for biomedical industry will grow steadily at a CAGR of over 23% by 2021. This market research analysis identifies the need for implants with enhanced functional life and biodegradability as one of the primary growth factors for this market. The traditional implant materials have short functional life, with failures arising from implant loosening, inflammation, infection, and wear debris. This resulted in the need for the development of new cytocompatible bone substitutes with substantially enhanced functional life to regenerate bone tissues. Titanium and its alloys are widely used in orthopedic and dental implant materials due to their compatible mechanical properties and biocompatibility.
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One of the latest trends that will gain traction in the nanofiber materials market for the biomedical industry in the coming years is the growth of the medical filters market. The growth and demand for high-purity medical filters market is mainly due to the advancement in the healthcare industry, biotechnology, and advanced medical devices. There is an increase in the demand for nanofiber filters and membranes as it offers filtration solutions to several rising incidences including kidney failure, diabetes, sterilization, blood filtration, and other filtration techniques for recovering proteins and enzymes.
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The nanofiber materials market for the biomedical industry is highly-competitive due to the presence of several vendors. It is crucial for the vendors to develop innovative products to acquire large market shares and to effectively provide advanced health and clinical solutions to end-users. Furthermore, technological breakthroughs will help vendors gain an advantage over their competitors and increase the sales volume, which in turn, will benefit consumers with better options at competitive prices.
The leading vendors in the market are -
- Asahi Kasei
- Nanofiber Solutions
- SNS Nanofiber Technology
The other prominent vendors in the market include 3-D Matrix Medical Technology, AMSilk, Argonide, Collagen Matrix, eSpin Technologies, FibeRio Technology, Hollingsworth & Vose, NANOVIA, and NXTGEN NANOFIBER.
Segmentation by product type and analysis of the nanofiber materials market for the biomedical industry
- Synthetic polymers
- Natural polymers
- Ceramic and inorganic
- Carbon and graphene
During 2016, the synthetic polymers segment accounted for the major shares of the nanofiber materials market for the biomedical industry. The utilization of synthetic polymers in wound dressing and healing applications will contribute to the growth of this market segment in the coming years.
Geographical segmentation and analysis of the nanofiber materials market for the biomedical industry
Key questions answered in this report
- What will the market size be in 2021 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?
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