Biomaterials Market 2018 : How the Market will perform in Upcoming Years based on Market Size, Type, Application and Major Regions.

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Biomaterials Market will grow at a CAGR of 8.8
from 2018 to 2023 to reach USD 128.7 billion by
2023.
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Global Biomaterials Market 2018-2023
Biomaterials Market By Material Type (Metal
(Alloy, Pure Metal), Ceramic (Inert,
Bioresorbable), Polymer, Natural Materials,
Composites), And Application (Heart Disease,
Orthopedic, Opthalmic, Dental Application,
Neurostimulator)- Global Forecast To
2023 According to this latest
publication from Meticulous Research,
the global Biomaterials Market will grow at a
CAGR of 8.8 from 2018 to 2023 to reach
USD 128.7 billion by 2023, driven by increasing
incidence of chronic conditions with rising
geriatric population, increasing demand for
implantable medical devices, rising number of
hip and knee replacements, significantly growing
number of cosmetic reconstructive plastic
surgery procedures, and various technological
advancements in this field. Moreover, factors
such as growing healthcare market in emerging
economies, increasing number of free trade
agreement, and rising investments in the RD for
development of new biomaterials further provides
major opportunities in the global biomaterials
market.
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Global Biomaterials Market 2018-2023 The
global biomaterials market study presents
historical market data in terms of value (2016
and 2017), estimated current data (2018) and
forecasts for 2023 by type of material (metals
alloys, ceramics, polymers, composite materials,
and natural materials), and application
(cardiovascular, orthopedic, ophthalmology,
dental, neurostimulators, and other
applications). The study also evaluates industry
competitors and analyzes the market at regional
and country level. Based on type of materials,
metals alloys held the largest share of global
biomaterials market in 2017 and expected to
continue its dominance during the forecast
period owing to the wide adoption of metallic
biomaterials in orthopedic implants due to their
strength and resistance to fatigue degradation to
provide strong and durable support replacement
to the damaged bones. For more information
browse report _at_ https//www.meticulousresearch.co
m/product/biomaterials-market/ On the basis of
application, cardiovascular disease area
accounted for the major share in the global
biomaterials market in 2017. This was mainly
attributed to the rising adoption of implantable
medical devices like pacemaker, defibrillators,
valves, heart monitors, and stents, and others
for the prevention of sudden cardiac deaths (SCD)
in patients at high risk for SCD with increasing
incidence of cardiac arrest, atrial
fibrillation, and atherosclerosis increasing
burden of high blood pressure and congenital
heart defects. However, other applications
including plastic surgery, wound healing, tissue
engineering, urinary applications, and
gastrointestinal application are expected to
grow at the fastest CAGRs than other matured
application areas during the forecast period.
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Global Biomaterials Market 2018-2023
The key players in the global biomaterials market
are Koninklijke DSM N.V., Corbion N.V., EPTAM
Plastics, Ltd., DiSanto Technology, Inc.,
CoorsTek Medical LLC, Carpenter Technology
Corporation, Zapp AG, United Titanium, Inc., CAM
Bioceramics B.V., Celanese Corporation, Victrex
Plc, Wright Medical Group N.V., BASF SE, Evonik
Industries AG, and Zimmer Biomet Holdings, Inc.
among others. For detail study, request free
sample pages at our web-site https//www.meticulo
usresearch.com/request-sample-report/ Contact
Khushal Bombe khushal_at_meticulousresearch.com
Office No-402, 4th Floor, Pushpak Business
Hub, Wakad, Pimpri-Chinchwad, 411057 India.
Direct Lines 1-646-781-8004 (North
America) 91 744-7780008 (Asia-Pacific)
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