- Press Release
- Natural Biomaterials Market to Surpass US$ 194.29 Billion by 2027
Natural Biomaterials Market to Surpass US$ 194.29 Billion by 2027 - Coherent Market Insights
Published On : Mar 11, 2019
The global natural biomaterials market was estimated at US$ 57.75 billion in 2018, according to Natural Biomaterials Market Report, by Product Type (Hyaluronic Acid, Collagen, Gelatin, Fibrin, Cellulose, Chitin/chitosan, Others), by Application (Cardiovascular, Orthopedic, Dental, Plastic Surgery, Wound Healing, Neurology, Neurological Disorders/Central Nervous Systems, Tissue Engineering, Ophthalmology, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa).
The global natural biomaterials market is projected to reach US$ 194.29 billion by 2027, exhibiting a CAGR of 14.4% during the forecast period. The market growth is driven by increasing demand for orthobiologics, escalating usage of natural biomaterials in spine surgeries along with growing orthopedic and cardiovascular surgeries. Furthermore, rising investements in biomaterials field, tremendous growth for plastic surgery, and wound healng applications are expected to boost market growth in the near future. Biomaterials are used for replacing or repairing body tissues and organs Biomaterials are categorized into two main groups: synthetic and natural biomaterials. Synthetic biomaterials are classified as ceramics, metals, biodegradable, and non-biodegradable polymers. Synthetic biomaterials are applied in clinical treatment such as dacron, metal hip, plastic intraocular lens, and other applications. Synthetic biomaterials have few drawbacks including their structure and its composition not being similar to native tissues or organs. Their biocompatibility and ability to induce tissue remodeling is low in comparison with natural biomaterials. Therefore, natural biomaterials play a vital role in replacing tissues and organs and have been attracting scientist’s interest across the globe. Naturally derived biomaterial are derived from biologicals sources such as harvested animal tissues or human donor. Natural Biomaterials has applications in bone regeneration, cardiovascular regeneration, nerve regeneration, and hepatic regeneration.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/natural-biomaterials-market-2535
Browse 30 market data tables* and 15 figures* on "Natural Biomaterials Market” - Global forecast to 2027.
Key Trends and Analysis of the Natural Biomaterials Market:
Key Takeaways of the Natural Biomaterials Market:
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