Global Biomaterials Market worth $88.4 Billion By 2017 at CAGR of 22.1% Feb. 2014

Biomaterials Market worth $88.4 Billion - 2017
The "Biomaterials Market [By Products (Polymers, Metals, Ceramics, Natural Biomaterials) &
Applications (Cardiovascular, Orthopedic, Dental, Plastic Surgery, Wound Healing, Tissue
Engineering, Ophthalmology, Neurology Disorders)] - Global Forecasts To 2017" analyzes and
studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of
the World.
Browse 220 market data tables with 33 figures spread through 504 pages and in-depth TOC on
Biomaterials Market [By Products (Polymers, Metals, Ceramics, Natural Biomaterials) &
Applications (Cardiovascular, Orthopedic, Dental, Plastic Surgery, Wound Healing, Tissue
Engineering, Ophthalmology, Neurology Disorders)] - Global Forecasts To 2017

http://www.marketsandmarkets.com/Market-Reports/biomaterials-393.html

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This report studies the global biomaterial market over the forecast period of 2012-2017. The global
market for biomaterials is estimated at $44.0 billion in 2012 and is poised to grow at a CAGR of 15% from
2012 to 2017 to reach $88.4 billion by 2017.
The global biomaterial market is broadly segmented into two categories, by type and by application. The
global biomaterial market, by type, is broadly categorized into metals, ceramics, polymers, and natural
biomaterials. The biomaterial applications market is broadly segmented into orthopedic, cardiovascular,
neurological, dental, tissue engineering, wound healing, plastic surgery, ophthalmology and other
applications such as gastrointestinal, urinary, bariatric surgery, and drug delivery system. In 2012, the
cardiovascular biomaterial segment contributed 34.5% to the global biomaterial market, followed by the
orthopedic segment. Plastic surgery and wound healing applications are expected to witness the highest
growth in the coming years.
The biomaterial polymers market is expected to show the highest growth at a CAGR of 22.1% (20122017) due to tremendous ongoing research for the development of biodegradable and bio-compatible
polymeric biomaterial and its use in a wide range of applications.
North America is the largest biomaterial market and is expected to grow at a high CAGR from the year
2012 to 2017 due to an increase in the aging population. Due to rising awareness of biomaterial products
in Asia, and increased conferences and collaborations, the Asian market is expected to grow at a CAGR
of 21.5% from 2012 to 2017.