The biomaterialsMarket Is Growing At an Exponential Rate in Upcoming Years The global biomaterials market, estimated at USD 156.1 billion in 2022, is projected to grow at a robust compound annual growth rate (CAGR) of 15.7% during the forecast period from 2023 to 2030, reaching USD 501.2 billion by the end of 2030.
Biomaterials play a crucial role in various medical applications, including implants, surgical devices, drug delivery systems, and regenerative medicine....
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