Biomaterials Market Size, Industry Share, Growth & Report 2023-2028
Global Biomaterials Market Overview 2023-2028 Biomaterials are substances made to interact with biological systems, with the aim of improving or replacing the functions of living tissues or organs. They can be natural, synthetic, or a combination of both, used to enhance healing, restore function, or provide support to the body. Biomaterials can be used for medical implants, prosthetics, tissue engineering, and drug delivery systems. They can range from metals, ceramics, and polymers to materials derived from natural sources like collagen or silk. Biomaterials are used in modern medicine, advancing treatments and therapies that improve the quality of life for patients with various medical conditions. The global biomaterials market size reached US$ 102.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 202.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11.43% during 2023-2028. Global Biomaterials Market Trends and Drivers: The surging occurrence of c