A number of factors such as increased funds & grants by government bodies worldwide , growing implantable devices market , technological advancements , rising number of hip and knee replacement procedures , and high growth in geriatric population coupled with growing incidence of cardiovascular diseases are driving the growth of this market . In addition , high growth is expected for plastic surgery and wound healing applications , which will further drive the growth of the biomaterials market .
Prominent players in the global biomaterials market include Royal DSM ( Netherlands ), BASF SE ( Germany ), Corbion N . V . ( Netherlands ), Covestro ( Germany ), Invibio Ltd . ( U . K .), Carpenter Technology Corporation ( U . S .), Evonik Industries AG ( Germany ), Berkeley Advanced Biomaterials , Inc . ( U . S .), CAM Bioceramics BV ( Netherlands ), and Celanese Corporation ( U . S .).
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