The global market for biomaterials is estimated to reach $88.4 billion by 2017, according to a recent report by MarketsandMarkets.
The market was estimated at $44 billion in 2012 and is poised to grow at a compound annual growth rate of 15 percent from 2012 to 2017. The biomaterial polymers market is expected to show the biggest growth from 2012 to 2017, at a compound annual growth rate of 22.1 percent.
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