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Surge in R&D Investments to Drive the Global Biocompatible Materials Market, According to New Report by Global Industry Analysts, Inc.
Date:7/23/2014

San Jose, California (PRWEB) July 23, 2014

Follow us on LinkedIn – Biocompatible materials are biodegradable substances exclusively developed and manufactured for use in synthetic solutions designed to repair or replace diseased body tissues. These materials are biosafe with significantly lower risk of tissue rejection by the host. Global market for biocompatible materials is expected to witness healthy growth driven by factors such as technological advancements and growing base of aging population and the ensuing increased need for interventional surgeries for tissue and organ replacement. In addition, increased investments in research and development is expected to boost development of sophisticated biomaterials. Technology improvements in material fabrication and development of new products at competitive prices will continue to shape market growth in the coming years.

Drawing from multiple, diverse disciplines, such as biology, chemistry, physics, and engineering, biocompatible materials represent a challenging area of biomaterial research. There exists large-scale research interest in the development of new materials to address current and future needs in healthcare delivery. By material type, polymeric materials dominate the global market. Natural materials represent the fastest growing material type. Rapid advancements in tissue processing technologies have provided considerable thrust to the use of natural substances in the treatment of several c
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