Biomaterial Market is Expecting Worldwide Growth
The global biomaterial
market is growing at a
significant rate, due to increasing healthcare expenditure, growing geriatric
population and increasing incidence of cardiovascular diseases. The technological
advancement in biomaterials, growing demand of implantable devices, and
increasing incidence of hip and knee replacements are also driving the growth
of the global biomaterial market. However, factors such as strict
regulatory requirements for approval of biomaterials and limitations of
biomaterials are inhibiting growth of the market globally.Explore Report Sample at: http://bit.ly/2gxb9Hk
Biomaterial
is a nonviable material used in medical devices or during interaction with
biological systems. It is an essential material used for medical applications
to substitute a part or a function of body in reliable, safe, and
physiologically acceptable method. It poses properties such as
biocompatibility, high corrosion resistance, adequate strength, and
biofunctionality. Some of the commonly used biomaterials include cellulose,
silicone rubber, collagen, titanium, stainless steel, polyurethanes, poly
(methyl methacrylate) and hydrogels. The emergence of innovative biomaterial products and
advances in technology has improved biomaterials applications and performance.
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Some of the key companies operating in the
global biomaterial market include Wright Medical Technology Inc., Corbion N.V.,
Royal DSM, Zimmer Biomet Holdings Inc., Collagen Matrix Inc., Berkeley Advanced
Biomaterials Inc., and Cam Bioceramics BV.
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