Biomaterials global market value by material 2017-2021

This statistic shows the market value of biomaterials worldwide in 2017, with forecasted figures for 2021, and broken down by material type. In 2017, the global market value of metal based biomaterials was 20.11 billion U.S. dollars, and it is forecasted to increase to nearly 35 billion U.S. dollars in 2021. Biomaterials refer to any substance that has been designed to interact with biological systems for medical purposes, whether it is diagnostic or therapeutic.

Market value of biomaterials worldwide in 2017 and 2021, by material

20172021*
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Source

In cooperation with
BIS Research
Release date

January 2018

Region

Worldwide

Survey time period

2017

Supplementary notes

* Forecasted based on an expected compound annual growth rate of 16 percent between 2017 and 2021.

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