Biomaterials Market in the Medical Sector
Amayrashah1523 Oct, 2023Technology
The Biomaterials Market was estimated at US$ 123 billion in 2021 and is expected to grow at a CAGR of 16.3% during 2022-2028 to reach US$ ~219 billion in 2028. North America dominated the market and generated the greatest revenue share in 2021. The demand for biomaterial-based implants is anticipated to increase due to the increased prevalence of musculoskeletal and chronic skeletal medical disorders, which will fuel market expansion.
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