Biomaterials Market Set to Rise through 2021, Says Azoth Analytics in Its New Report Published at MarketPublishers.com15 Jun 2016 • by Natalie Aster
LONDON – Mushrooming baby boomer population and a rising number of deaths associated with chronic diseases are the key forces spurring growth in the worldwide biomaterials market. During the past five years, this market witnessed growth at a moderate rate, supported by ongoing technological innovations, surging implantable devices sector, rising baby population and rising prevalence of chronic diseases.
The global market for biomaterials is set to rise through 2021, registering substantial growth at a CAGR of almost 16%; this remarkable growth will be driven by rising incidence of various chronic diseases coupled with increasing usage of biomaterials in different other applications and also by favourable governmental initiatives.
Royal DSM, Corbion N.V., Wright Medical Technology, Zimmer Biomet Holdings and Carpenter Technology Corporation are only a few of top companies active in the global biomaterials marketplace.
Cutting-edge research report “Global Biomaterials Market” prepared by Azoth Analytics offers a reader an all-encompassing analysis of the biomaterials market on the global and regional scales. The report provides a detailed analysis of the world biomaterials market segmentation (by type, application, geography and material type), highlights top market growth driving and restraining factors, outlines future possible opportunities and challenges. Projected trends and prospects of the market up till 2021 are reviewed in the research publication.
Full collection of market research studies prepared by our partner is available at Azoth Analytics page.