NEW YORK, May 9, 2011 /PRNewswire/ — Reportlinker.com announces
that a new market research report is available in its
catalogue:
Brazil Biomaterial Market (2010 – 2015)
http://www.reportlinker.com/p0490400/Brazil-Biomaterial-Market-2010-–-2015.html
Report Description:
The Brazil market for biomaterials is expected to reach $1.7
billion in 2015 from $550.2 million in 2008 with a CAGR of 19.5%
from 2010 to 2015. In 2009, the orthopedic biomaterial market
recorded revenues of $236.5 million or 37.5% of the total
biomaterial products market. This is mainly because of increasing
application areas and introduction of sophisticated technologies in
the biomaterials market. However, the orthopedic biomaterial market
is estimated to grow at a CAGR of 17.2% from 2010 to 2015.
Cardiovascular biomaterial products market is the second-highest
market, contributing 36% of the total biomaterial products
market.
Aging population (population above 60 years is expected to reach
24 million by 2012), higher life expectancy, and increase in the
incidences of ‘lifestyle and chronic diseases’ such as
cardiovascular diseases has influenced the growth of biomaterial
products. According to the World Health Organization, 32% of the
total mortality in Brazil is due to cardiovascular diseases. Such a
high incidence of diseases will increase the demand for
cardiovascular biomaterial products such as cardiac stents.
The biomaterial products market in Brazil is expected to grow
from $690 million in 2010 to $1.7 billion in 2015 at an estimated
CAGR of 19.5%. The wound care biomaterial segment is expected to
grow at a CAGR of 24.3% from 2010 to 2015. Of all the
application
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