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(Medical-NewsWire.com, July 27, 2021 ) Global Resorbable Biomaterials Market was valued at US$ 175.26 Bn in 2020, estimated to reach US$ 350.40 Bn in 2027 with a CAGR of 8.32% from 2021-2027.
The increase in demand for clinical invasive procedures, rising geriatric population, and the increasing incidence of target diseases are some of the major factors that are expected to drive the demand for advanced healthcare services and innovative medical devices in the respective healthcare systems of these nations. This is expected to offer potential growth prospects to players operating in the resorbable biomaterials market in the coming years.
Key Players
Prominent companies in the Global Resorbable Biomaterials Market include Evonik Industries AG; Carpenter Technology Corporation; BASF SE; Medtronic plc; Berkeley Advanced Biomaterials; Invibio Ltd.; Zimmer Biomet Holdings, Inc.; Covalon Technologies Ltd; Collagen Matrix, Inc., etc.
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Market Taxonomy
By Biomaterials Materials
• Metallic
• Polymeric
• Ceramic
• Natural
By End Use Industry
• Orthopedic
• Dental
• Plastic Surgery
• Wound Healing
• Tissue Engineering
• Ophthalmology
• Neurological/CNS
• Others
• Cardiovascular
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Regional Analysis
The Global Resorbable Biomaterials Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The APAC region is expected to register the highest CAGR during this forecast period, due to the strategic initiatives adopted by the regional participants to reinforce their presence in local and global markets.
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Qualiket Research
Hemant Singh
8208257128
hemant.singh@qualiketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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