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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

hronic ailments.

Over the last few decades, research in the area of biomaterials was focused on bioinert materials aimed at replacing damaged tissues. Current research focus is gradually shifting towards the development of bioactive materials that help stimulate tissue repair. The market is poised to benefit from the emergence of fourth generation biomimetic biomaterials. These materials are designed with specific structure and function to mimic the extracellular matrix (ECM) of natural tissue. In the coming years, active coatings market is expected to grow led by the sustained demand for coating technologies capable of improving hemocompatibility of medical devices.

As stated by the new market research report on Biocompatible Materials, the United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 18.8% over the analysis period.

Major players covered in the report include AdvanSource Biomaterials Corporation, BASF Corporation, Biomet, BioMimetic Therapeutics, Celanese Corporation, Nobel Biomaterials, and Stryker Corporation among others.

The research report titled “Biocompatible Materials: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, issues, and strategic industry activities of companies worldwide. The report provides market estimates and projections in US dollars for all
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