MEDICAL ENGINEERED MATERIALS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Regional Analysis

Global Medical Engineered Materials Market- Regional Insights

• North America is expected to be the largest market for medical engineered materials during the forecast period, accounting for over 35.2% of the market share in 2023. The growth of the market in North America is attributed to rising prevalence of chronic diseases, growing geriatric population, and increasing adoption of advanced biomaterials.
• Asia Pacific is expected to be the second-largest market for medical engineered materials t, accounting for over 25.5% of the market share in 2023. The growth of the market in is attributed to the expanding healthcare sector, large patient pool, and increasing healthcare expenditure in the region.
• Europe is expected to be the fastest-growing market for medical engineered materials, with a CAGR of over 27.1% during the forecast period. The growth of the market in Europe is attributed to the presence of leading medical device manufacturers, favorable government policies, and growing R&D activities related to engineered biomaterials in the region. 

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East