Biomaterials Market Size was valued at USD 125.4 billion in 2022 and is projected to grow from USD 135.2 Billion in 2023 to USD 213.5 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.8% during the forecast period (2023-2032).
The biomaterials market continues to witness robust growth driven by advancements in medical technology and increasing demand for biocompatible...
Hydroxyapatite is a naturally occurring mineral form of calcium apatite, with the chemical formula Ca5(PO4)3OH. It is the major mineral component of teeth and bones and has been widely used in orthopedic and dental applications due to its excellent biocompatibility and osteoconductivity. Hydroxyapatite enhances the fusion or fixation of implants to bones, stimulates new bone formation, and acts...
Implantable medical devices are medical devices that are placed inside the body, either surgically or medically, to treat various medical conditions. Some common implantable medical devices include pacemakers, implantable cardioverter-defibrillators (ICDs), neurostimulators, drug infusion pumps, and prosthetic implants. These devices have revolutionized healthcare by enabling the treatment of...
Silicone gel has become a ubiquitous material in modern industries, offering a wide range of benefits and applications. As the demand for advanced materials grows, the global silicone gel market continues to evolve, driven by technological advancements and emerging trends.
Trends in Global Silicone Gel Market:
Innovation in Formulations: Manufacturers are focusing on developing novel...
Market Drivers
One key driver of the global medical implants market is the growing geriatric population worldwide. As the proportion of elderly people is increasing, so is the risk of osteoporosis, arthritis, heart diseases, diabetes and other chronic health conditions. This is significantly augmenting the demand for medical implants designed for orthopedic, dental and...
Biomaterials Market: Application Insights for 2024
What are the fastest-growing segments within the biomaterials market for these applications?
The biomaterials market for joint replacements, ophthalmology, cardiovascular, wound healing, plastic surgery, and neurological conditions is experiencing rapid growth, driven by factors such as increasing aging populations, rising prevalence of chronic...
Biomaterials Market Size was valued at USD 125.4 billion in 2022 and is projected to grow from USD 135.2 Billion in 2023 to USD 213.5 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.8% during the forecast period (2023-2032).
The biomaterials market continues to witness robust growth driven by advancements in medical technology and increasing demand for biocompatible...
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