Natural Biomaterials Market Overview, Development History and Forecast to 2027 shared in Latest Research
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Other applications of natural biomaterials include utilization in the fabrication of tissue engineering matrices and drug delivery system. Rising geriatric population, advancements in medicinal innovations, growing government interest in research and development in the field of natural biomaterials are anticipated to drive growth of the market over the forecast period.
Players operating in the global natural biomaterials market are adopting various growth strategies such as mergers & acquisitions and business expansion to cater increasing demand for natural biomaterials. For instance, in Feb 2016, Invibio Knee Ltd., a subsidiary of Invibio Biomaterial Solutions partnered with Maxx Orthopedics Inc. to develop PEEK-OPTIMA femoral knee replacement. This technology was launched in order to meet unmet needs of patients with the outcomes of total knee arthroplasty using metal-based knee solutions.
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Major players operating in the global natural biomaterials market include BASF SE, Biomet, Inc., Invibio Ltd., Mimetis Biomaterials, Royal DSM, Corbion N.V., Botiss Biomaterials GmbH, and Medtronic, Inc.
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