Global Biomaterials Market to Reach $33.6B by 2019

The global biomaterials market for implantable devices is expected to reach $33.6 billion by 2019, according to a Transparency Market Research report.

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The market was valued at $25.2 billion in 2012 and is expected to grow at a compound annual growth rate of 4.1 percent from 2013 to 2019. Polymers are estimated to grow at the fastest growth rate between 2013 and 2019.

 

Some of the major companies operating in the biomaterials market include Biomet, Ceradyne, Collagen Matrix, Evonik Industries and Invibio.

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