U.S. Market for Biocompatible Materials Will Reach $30.9 Billion in 2012, According to BCC Research Report.WELLESLEY, Mass. -- According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new and updated technical market research report, Biocompatible Materials for the Human Body - HLC HLC Higher Learning Commission HLC Home Loans Canada (CIBC Mortgages and Lending, Toronto, Ontario, Canada) HLC Healthcare Leadership Council HLC High Level Committee HLC High Layer Compatibility HLC Heartless Crew 010D from BCC (Blind Carbon Copy) The field in an e-mail header that names additional recipients for the message. It is similar to carbon copy (cc), but the names do not appear in the recipient's message. Not all e-mail systems support the bcc feature. See fcc. RESEARCH (www.bccresearch.com), the U.S. market for biocompatible materials is valued at $22.2 billion in 2007 and is expected to grow with an compound annual growth rate (CAGR CAGR See: Compound Annual Growth Rate ) of 6.9% to reach $30.9 billion in 2012. Tissue replacements constitute the largest segment with a value of nearly $11.7 billion in 2007. This represents 52% of the total biomaterials market value. The tissue replacements will grow at a CAGR of 6.6% to reach over $16 billion in 2012. The smallest segment of the biomaterials market is the biocompatible biocompatible /bio·com·pat·i·ble/ (-kom-pat´i-b'l) being harmonious with life; not having toxic or injurious effects on biological function. surface coatings with a value of $2.6 billion in 2007. This segment is expected to grow with a CAGR of 5.7% to $3.4 billion by 2012. Implantable medical devices represent 35.6% of the total market in 2007 with a value of $7.88 billion. This segment is expected to grow with a CAGR of 7.9% to exceed $11.5 billion in 2012. The discovery of novel inorganic and polymeric biomaterials is creating unprecedented excitement in the biocompatible materials field. As the biomaterials discipline itself evolves, the advances of the last few years in genomics and proteomics, various high-throughput cell-processing techniques, supramolecular su·pra·mo·lec·u·lar adj. 1. Consisting of more than one molecule. 2. Of greater complexity than a molecule. and permutational chemistry, and information technology and bioinformatics promise to support the quest for new materials with powerful analytic tools and insights of boundless energy and sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. . [TABLE OMITTED] Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research (www.bccresearch.com), 70 New Canaan Ave, Norwalk, CT 06850, Telephone: 203-750-9785; Email: publisher@bccresearch.com as the source and publisher, along with report number, which can be found in the first paragraph of this release. Thank you. To purchase a copy of this report or other market research publications please call 866-285-7215, e-mail sales@bccresearch.com, visit www.bccresearch.com. |
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