The global Biomaterials market in term of revenue was estimated to be worth USA 35.5 billion in 2023 and is Poised to reach UAS 47.5 billion by 205, growing at a CAGR of 6.0% from 2020 to 2025. Market growth is driven mainly by factors such as the increased funds & grants by government bodies worldwide for the development of novel by government bodies worldwide for the development of novel Biomaterials, Nanomaterials rising demand for medical impacts, and the rising incidence of cardiovascular diseases, increasing research on regenerative medicine.
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