Global Biomaterials Market to Reach $88.4B by 2017

Anuja Vaidya -  

The global market for biomaterials is estimated to reach $88.4 billion by 2017, according to a MarketsandMarkets report.

The global market was valued at $44 billion in 2012 and is poised to grow at a compound annual growth rate of 15 percent from 2012 to 2017. North America is the largest biomaterial market in the world.

 

The report also mentions major players in the biomaterials market, such as DENTSPLY International, Wright Medical Group, DePuy Orthopaedics, Invibio and Osteotech.

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