Global Bio-Implants Market to Reach $134.3B by 2017

The global bio-implants market is estimated to reach $134.3 billion by 2017, according to a report released by MarketsandMarkets.

The market is expected to grow at a compound annual growth rate of 7.3 percent from 2012 to 2017. Rise in the aging population and increase in incidences of chronic diseases like osteoarthritis, old age-related trauma, cardiovascular diseases and neuropathic and congenital disorders and deformities are the factors expected to trigger the growth of this market.

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