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The global Biomaterials Market size was USD 259.31 Billion in 2022 and is expected to reach USD 611.44 Billion in 2032, and register a revenue CAGR of 10% during the forecast period. Biomaterials are in high demand in healthcare and biomedical applications due to their capacity to stimulate cellular response and support tissue regeneration, which is a major factor driving market revenue growth. The development of implants, the treatment of wounds, and Tissue Engineering all make substantial use of Biomaterials in the medical sector, which is driving revenue growth of the market.
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