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Global Biomaterials Market Size Projected to Grow USD 587.08 Billion by 2032, at 14.8% CAGR: Report by Polaris Market Research [Yahoo! Finance]
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US:NASDAQ Investor Relations: investors.dentsplysirona.com
New York, NY, March 19, 2024 (GLOBE NEWSWIRE) -- Global biomaterials market size and share was valued at USD 169.96 billion in 2023 and is anticipated to generate an estimated revenue of USD 587.08 billion by 2032, with a CAGR of 14.8% from 2024 to 2032, according to Polaris Market Research. Today, biomaterials are essential in medicine because they help patients recover from illnesses and injuries and regain their function. In medical applications, biomaterials, which can be synthetic or natural, are utilized to replace, improve, or sustain damaged tissue or biological functions. It merges biology, medicine, chemistry, physics, and more recent influences from tissue engineering and materials science. This has increased greatly in the past decade due to findings in regenerative medicine, tissue engineering, and more, boosting the biomaterials market demand. A biomaterial can be made from any material, including glass, ceramics, metals, plastic, and even living cells and tissue. F
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