Bioresorbable (Resorbable) Polymers Market - Global Industry Analysis

Bioresorbable (Resorbable) Polymers Market By Type (Polylactic acid (PLA), Polyglycolic acid (PGA), Poly(lactic-co-glycolic acid) (PLGA), Polycaprolactone(PCL), and Others), By Application (Orthopedic devices, Drug delivery, and Others), and By Region - Global and Regional Market Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Published Date: 09-Aug-2022 Category: Chemical & Materials Report Format : PDF Pages: 264 Report Code: ZMR-493 Status : Published

The global bioresorbable (resorbable) polymers market size was worth USD 1,382.4 million in 2021 and is estimated to grow to USD 2,939.7 million by 2028, with a compound annual growth rate (CAGR) of approximately 13.4 percent over the forecast period.

Description

Industry Perspective:

The global bioresorbable (resorbable) polymers market size was worth USD 1,382.4 million in 2021 and is estimated to grow to USD 2,939.7 million by 2028, with a compound annual growth rate (CAGR) of approximately 13.4 percent over the forecast period. The report analyzes the bioresorbable (resorbable) polymers market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the bioresorbable (resorbable) polymers market.

Bioresorbable (Resorbable) Polymers Market: Overview

Materials that the human body may safely absorb without requiring mechanical removal are known as bioresorbable polymers. After serving its purpose, this particular family of polymers is broken down by bacteria through decomposition, leaving behind waste products like biomass, water, gases, and inorganic salts. The majority of these substances have a hydrophilic character. It is extensively utilized in bio-medical fields like drug delivery, tissue engineering, orthopedics, nanomedicines, and others. Additionally, it lessens the patient's risk following surgery without endangering their health. The final product is created by polymerizing bio-based raw ingredients using specialized industrial procedures. Polysaccharides, proteins, Polylactic Acid (PLA), Polyglycolic Acid, and Polycaprolactone are examples of bioresorbable polymers that are typically produced from vegetable oils derived from rapeseed, sunflower, corn fiber, castor, soybean, heat by-products, food processing waste, potato, corn, stems, paper mill sludge, livestock waste, leaves, and other materials. The global bioresorbable (resorbable) polymer market's primary drivers include rising surgical intervention rates, rising biocompatible medical device need, rising drug delivery application demand, and an advantageous reimbursement environment. The main drawbacks of bioresorbable polymers include their higher cost than traditional polymers, preference for minimally invasive surgery, and a lack of quality control in developing nations.

COVID-19 Impact:

The global epidemic has impacted nearly all areas of society. The global supply chain disruptions and delays in scheduled procedures have had a detrimental impact on the market for bioresorbable polymers, which has shown negative growth. The decrease in demand from the medical industry led to this issue. Raw material availability was constrained, and products took longer to reach their destination. But later, when its demand was stimulated in the health industries, the market for bioresorbable polymers recovered from the loss. Throughout the epidemic, the medical sector remained operational, which fueled the global market. In 2021, after the mass immunization campaign launch, other developing nations also increased their production of bioresorbable polymers.

Key Insights

  • As per the analysis shared by our research analyst, the global bioresorbable (resorbable) polymers market value is expected to grow at a CAGR of 13.4% over the forecast period.
  • In terms of revenue, the global bioresorbable (resorbable) polymers market size was valued at around USD 1,382.4 million in 2021 and is projected to reach USD 2,939.7 million by 2028.
  • The primary factor driving the worldwide bioresorbable (resorbable)polymers market is the rising demand for bioresorbable (resorbable)polymers for drug administration and the improvement in patient comfort that these polymers bring.
  • By type, the poly(lactic-co-glycolic acid) (PLGA) category dominated the market in 2021.
  • By application, the orthopedic devices category dominated the market in 2021.
  • North America dominated the global bioresorbable (resorbable) polymers market in 2021.

Bioresorbable (Resorbable) Polymers Market: Growth Drivers

The growing interest in biocompatible medical equipment will drive the growth of the market

Stents, sutures, and scaffolds implanted inside the human body during surgery to maintain the organ are commonly made from bioresorbable polymers. They can also be implanted inside people to release drugs under regulated conditions. Bioresorbable polymers gradually dissolve once the patient's organ starts to recover, and the body absorbs them once their intended role has been accomplished. The patient doesn't need a second surgical procedure to remove these items because the body absorbs them independently. As a result, the entire process is affordable and convenient for the patient. For instance, bioresorbable polymers are employed in maxillofacial surgery to help the healing process and are disintegrated when no longer required. Consumers today are more health concerned since they don't want to be subjected to unneeded medications and medical procedures that weaken the body over time and have several negative consequences on health.

Bioresorbable (Resorbable) Polymers Market: Restraints

Preference for minimally invasive procedures is rising, which will hamper the growth of the market

The advantages of minimally invasive operations, such as a shorter hospital stay, a quicker recovery, and less pain and bleeding, are mostly to blame for the rise in popularity of these procedures. The usage of various medical devices has been curtailed due to the rising preference for these treatments over traditional surgery, which could impede the global bioresorbable (resorbable) polymers market expansion. One of the most popular minimally invasive surgical procedures, laparoscopy, necessitates one or more small incisions (0.5-1.5 cm) in the abdomen or pelvis. These surgeries don't require several stitches because the incisions are so small, which lowers the demand for surgical sutures. Consequently, there will be less need for bioresorbable polymers in such sutures.

Bioresorbable (Resorbable) Polymers Market: Opportunity

Technologies such as electrospinning and 3D printing will create new market opportunities

Excellent cell adhesion and proliferation characteristics are displayed by bioresorbable polymers, making them perfectly suited for tissue engineering applications. These polymers are formed into scaffolds using a variety of processes, including electrospinning and polymer printing, to produce nanomaterials and microstructures that aid tissue growth. Highly complex designs with controllable properties can be created for efficient and seamless tissue engineering via 3D printing. These technologies present a significant possibility for developing organ-like structures, which have been challenging to duplicate. These techniques respond to the significant increase in demand for acceptable organs for organ transplantation.

Bioresorbable (Resorbable) Polymers Market: Challenges

Strict legal requirements for medical devices will act as a huge challenge for market growth

A new piece of bioresorbable medical equipment is expensive to create, and it frequently takes new products more than 7-8 years to be approved for sale. For example, the US FDA requires that manufacturers of bioresorbable medical devices obtain Premarket Approval (PMA) before putting their products on the market. Since bioresorbable medical devices are classified as Class III items, significant regulatory compliance is required. This poses a considerable obstacle to the widespread use of novel bioresorbable polymers.

Bioresorbable (Resorbable) Polymers Market: Segmentation

The global bioresorbable (resorbable) polymers market has been segmented into type and application.

Based on type, the worldwide bioresorbable (resorbable) polymers are segmented into polylactic acid (PLA), polyglycolic acid (PGA), poly(lactic-co-glycolic acid) (PLGA), polycaprolactone(PCL), and others. In 2021, poly(lactic-co-glycolic acid) (PLGA) dominated the market. An elastomeric copolymer made of lactic and glycolic acids is called PLGA. The utilization of PLGA for drug delivery is its primary use. Key traits of PLGA include mechanical qualities, biocompatibility, biodegradability, and ease of processing. Additionally, PLGA is utilized in prosthetic and tissue engineering devices. Combining PGA greatly enhances the mechanical characteristics of PLA and its capacity to degrade. As a result, it is the type of polymer most frequently used for medication administration.

Based on application, the worldwide bioresorbable (resorbable) polymers are segmented into orthopedic devices, drug delivery, and others. The orthopedic devices segment dominated the market share in 2021. The major use of resorbable polymers is in orthopedics. Resorbable polymers are utilized in this application during surgery. Sutures, screws, stents, and pins are all manufactured using resorbable polymers. Orthopedic implants are made to support a fractured part after surgery. When these implants are inserted into the body, they carry out the intended function, and once finished, they naturally dissolve into the body. These resorbable polymer-based solutions are employed in various orthopedic sub-applications, including sports injuries, hip, knee, and spine injuries.

Recent Developments

  • In September 2020, Corbion and Total announced plans to develop a new PLA bioplastics plant in Europe under their Total Corbion PLA joint venture. The plant, which will be the first PLA production facility in Europe on a large scale, is anticipated to have an annual capacity of 100,000 tonnes. It is anticipated that the new plant will be built in France and will go into service in 2024. Plans to increase lactic acid production will move more quickly due to this additional PLA expenditure.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Bioresorbable (Resorbable) Polymers Market: Regional Landscape

North America dominated the bioresorbable (resorbable) polymers market in 2021

With more than 32.0 percent of global industry sales, North America dominated the global bioresorbable (resorbable) polymers market in 2021. With the rising demand for these polymers in the biomedical industries, which has been driving the regional market in recent years, it holds the biggest market share. With significant industrial players, the US and Canada are the two primary North American areas responsible for the market's expansion. The regional market is being accelerated by the development in discoveries and cutting-edge technologies to enhance innovative biocompatible polymers for extending their physical and degrading features. The region's increasing consumer awareness is anticipated to fuel market demand.

Bioresorbable (Resorbable) Polymers Market: Competitive Landscape

Some of the main competitors dominating the global bioresorbable (resorbable) polymers market include- Corbion N.V., Evonik Industries AG, Foster Corporation, KLS Martin Group, DSM Biomedical, Inc, Ashland Global Holdings Inc., Zeus Industrial Products, Inc, Seqens Group, REVA Medical, LLC, Poly-Med Incorporated, Bezwada Biomedical, LLC, Nomisma Healthcare Pvt. Ltd., Polysciences, Inc., Musashino Chemical Laboratory, Ltd., Henan Xinghan Biotechnology Co. Ltd., BMG Incorporated, and Huizhou Foryou Medical Devices Co., Ltd.

Global Bioresorbable (Resorbable) Polymers Market is segmented as follows:

By Type

  • Polylactic acid (PLA)
  • Polyglycolic acid (PGA)
  • Poly(lactic-co-glycolic acid) (PLGA)
  • Polycaprolactone(PCL)
  • Others

By Application

  • Orthopedic devices
  • Drug delivery
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Bioresorbable (Resorbable) Polymers Market, (2022 - 2028) (USD Million)
    • 2.2 Global Bioresorbable (Resorbable) Polymers Market : snapshot
  • Chapter 3. Global Bioresorbable (Resorbable) Polymers Market - Industry Analysis
    • 3.1 Bioresorbable (Resorbable) Polymers Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 The growing interest in biocompatible medical equipment will drive the growth of the market
    • 3.3 Market Restraints
      • 3.3.1. Preference for minimally invasive procedures is rising, which will hamper the growth of the market
    • 3.4 Market Opportunities
      • 3.4.1. Technologies such as electrospinning and 3D printing will create new market opportunities
    • 3.5 Market Challenges
      • 3.5.1. Strict legal requirements for medical devices will act as a huge challenge for market growth
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Application
  • Chapter 4. Global Bioresorbable (Resorbable) Polymers Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Bioresorbable (Resorbable) Polymers Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Bioresorbable (Resorbable) Polymers Market - Type Analysis
    • 5.1 Global Bioresorbable (Resorbable) Polymers Market overview: By Type
      • 5.1.1 Global Bioresorbable (Resorbable) Polymers Market share, By Type, 2021 and 2028
    • 5.2 Polylactic acid (PLA)
      • 5.2.1 Global Bioresorbable (Resorbable) Polymers Market by Polylactic acid (PLA), 2022 - 2028 (USD Million)
    • 5.3 Polyglycolic acid (PGA)
      • 5.3.1 Global Bioresorbable (Resorbable) Polymers Market by Polyglycolic acid (PGA), 2022 - 2028 (USD Million)
    • 5.4 Poly(lactic-co-glycolic acid) (PLGA)
      • 5.4.1 Global Bioresorbable (Resorbable) Polymers Market by Poly(lactic-co-glycolic acid) (PLGA), 2022 - 2028 (USD Million)
    • 5.5 Polycaprolactone(PCL)
      • 5.5.1 Global Bioresorbable (Resorbable) Polymers Market by Polycaprolactone(PCL), 2022 - 2028 (USD Million)
    • 5.6 Others
      • 5.6.1 Global Bioresorbable (Resorbable) Polymers Market by Others, 2022 - 2028 (USD Million)
  • Chapter 6. Global Bioresorbable (Resorbable) Polymers Market - Application Analysis
    • 6.1 Global Bioresorbable (Resorbable) Polymers Market overview: By Application
      • 6.1.1 Global Bioresorbable (Resorbable) Polymers Market share, By Application, 2021 and 2028
    • 6.2 Orthopedic devices
      • 6.2.1 Global Bioresorbable (Resorbable) Polymers Market by Orthopedic devices, 2022 - 2028 (USD Million)
    • 6.3 Drug delivery
      • 6.3.1 Global Bioresorbable (Resorbable) Polymers Market by Drug delivery, 2022 - 2028 (USD Million)
    • 6.4 Others
      • 6.4.1 Global Bioresorbable (Resorbable) Polymers Market by Others, 2022 - 2028 (USD Million)
  • Chapter 7. Bioresorbable (Resorbable) Polymers Market - Regional Analysis
    • 7.1 Global Bioresorbable (Resorbable) Polymers Market Regional Overview
    • 7.2 Global Bioresorbable (Resorbable) Polymers Market Share, by Region, 2021 & 2028 (USD Million)
    • 7.3. North America
      • 7.3.1 North America Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
        • 7.3.1.1 North America Bioresorbable (Resorbable) Polymers Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 North America Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028
      • 7.4.1 North America Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 North America Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028
      • 7.5.1 North America Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028 (USD Million)
    • 7.4. Europe
      • 7.4.2 Europe Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
        • 7.4.2.1 Europe Bioresorbable (Resorbable) Polymers Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Europe Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028
      • 7.4.1 Europe Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 Europe Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028
      • 7.5.1 Europe Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028 (USD Million)
    • 7.5. Asia Pacific
      • 7.5.3 Asia Pacific Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
        • 7.5.3.1 Asia Pacific Bioresorbable (Resorbable) Polymers Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Asia Pacific Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028
      • 7.4.1 Asia Pacific Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 Asia Pacific Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028
      • 7.5.1 Asia Pacific Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028 (USD Million)
    • 7.6. Latin America
      • 7.6.4 Latin America Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
        • 7.6.4.1 Latin America Bioresorbable (Resorbable) Polymers Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Latin America Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028
      • 7.4.1 Latin America Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 Latin America Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028
      • 7.5.1 Latin America Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028 (USD Million)
    • 7.7. The Middle-East and Africa
      • 7.7.5 The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
        • 7.7.5.1 The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028
      • 7.4.1 The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028
      • 7.5.1 The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market, by Application, 2022 - 2028 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1 Corbion N.V.
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Evonik Industries AG
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Foster Corporation
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 KLS Martin Group
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 DSM Biomedical Inc
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Ashland Global Holdings Inc.
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Zeus Industrial Products Inc
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Seqens Group
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 REVA Medical LLC
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Poly-Med Incorporated
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 Bezwada Biomedical LLC
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 Nomisma Healthcare Pvt. Ltd.
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments
    • 8.13 Polysciences Inc.
      • 8.13.1 Overview
      • 8.13.2 Financials
      • 8.13.3 Product Portfolio
      • 8.13.4 Business Strategy
      • 8.13.5 Recent Developments
    • 8.14 Musashino Chemical Laboratory Ltd.
      • 8.14.1 Overview
      • 8.14.2 Financials
      • 8.14.3 Product Portfolio
      • 8.14.4 Business Strategy
      • 8.14.5 Recent Developments
    • 8.15 Henan Xinghan Biotechnology Co. Ltd.
      • 8.15.1 Overview
      • 8.15.2 Financials
      • 8.15.3 Product Portfolio
      • 8.15.4 Business Strategy
      • 8.15.5 Recent Developments
    • 8.16 BMG Incorporated
      • 8.16.1 Overview
      • 8.16.2 Financials
      • 8.16.3 Product Portfolio
      • 8.16.4 Business Strategy
      • 8.16.5 Recent Developments
    • 8.17 Huizhou Foryou Medical Devices Co. Ltd.
      • 8.17.1 Overview
      • 8.17.2 Financials
      • 8.17.3 Product Portfolio
      • 8.17.4 Business Strategy
      • 8.17.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Bioresorbable (Resorbable) Polymers Market attractiveness, By Type
  • 6. Global Bioresorbable (Resorbable) Polymers Market attractiveness, By Application
  • 7. Global Bioresorbable (Resorbable) Polymers Market share by Type, 2022 and 2028 (USD Million)
  • 8. Global Bioresorbable (Resorbable) Polymers Market by Polylactic acid (PLA), 2022 - 2028 (USD Million)
  • 9. Global Bioresorbable (Resorbable) Polymers Market by Polyglycolic acid (PGA), 2022 - 2028 (USD Million)
  • 10. Global Bioresorbable (Resorbable) Polymers Market by Poly(lactic-co-glycolic acid) (PLGA), 2022 - 2028 (USD Million)
  • 11. Global Bioresorbable (Resorbable) Polymers Market by Polycaprolactone(PCL), 2022 - 2028 (USD Million)
  • 12. Global Bioresorbable (Resorbable) Polymers Market by Others, 2022 - 2028 (USD Million)
  • 13. Global Bioresorbable (Resorbable) Polymers Market share by Application, 2022 and 2028 (USD Million)
  • 14. Global Bioresorbable (Resorbable) Polymers Market by Orthopedic devices, 2022 - 2028 (USD Million)
  • 15. Global Bioresorbable (Resorbable) Polymers Market by Drug delivery, 2022 - 2028 (USD Million)
  • 16. Global Bioresorbable (Resorbable) Polymers Market by Others, 2022 - 2028 (USD Million)
  • 17. Global Bioresorbable (Resorbable) Polymers Market share, by Region, 2022 and 2028
  • 18. North America Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
  • 19. Europe Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
  • 20. Asia Pacific Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
  • 21. Latin America Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)
  • 22. The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market, 2022 - 2028 (USD Million)

Table Of Tables

  • 1. Global Bioresorbable (Resorbable) Polymers Market: Snapshot
  • 2. Drivers of the Bioresorbable (Resorbable) Polymers Market: impact analysis
  • 3. North America Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 4. North America Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 5. U.S. Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 6. U.S. Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 7. Canada Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 8. Canada Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 9. Europe Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 10. Europe Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 11. Germany Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 12. Germany Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 13. France Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 14. France Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 15. U.K. Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 16. U.K. Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 17. Italy Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 18. Italy Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 19. Spain Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 20. Spain Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 21. Rest of Europe Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 22. Rest of Europe Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 23. Asia Pacific Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 24. Asia Pacific Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 25. China Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 26. China Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 27. Japan Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 28. Japan Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 29. India Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 30. India Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 31. South Korea Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 32. South Korea Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 33. South-East Asia Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 34. South-East Asia Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 35. Rest of Asia Pacific Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 36. Rest of Asia Pacific Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 37. Latin America Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 38. Latin America Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 39. Brazil Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 40. Brazil Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 41. Mexico Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 42. Mexico Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 43. Rest of Latin America Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 44. Rest of Latin America Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 45. The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 46. The Middle-East and Africa Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 47. GCC Countries Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 48. GCC Countries Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 49. South Africa Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 50. South Africa Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)
  • 51. Rest of Middle-East Africa Bioresorbable (Resorbable) Polymers Market revenue, By Type, 2022 - 2028 (USD Million)
  • 52. Rest of Middle-East Africa Bioresorbable (Resorbable) Polymers Market revenue, By Application, 2022 - 2028 (USD Million)

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FrequentlyAsked Questions

The improvement in patient comfort provided by bioresorbable polymers is the main factor driving the global market for bioresorbable polymers. Another important factor influencing the global bioresorbable polymers market is the rising demand for bioresorbable polymers for medication administration.

According to the report, the global bioresorbable (resorbable) polymers market size was worth USD 1,382.4 million in 2021 and is estimated to grow to USD 2,939.7 million by 2028 with a compound annual growth rate (CAGR) of approximately 13.4 percent over the forecast period.

With the rising demand for these polymers in the biomedical industries, which has been driving the regional market in recent years, North America holds the biggest market share. With significant industrial players, the US and Canada are the two primary North American areas responsible for the market's expansion.

Some of the main competitors dominating the global bioresorbable (resorbable) polymers market include- Corbion N.V., Evonik Industries AG, Foster Corporation, KLS Martin Group, DSM Biomedical, Inc, Ashland Global Holdings Inc., Zeus Industrial Products, Inc, Seqens Group, REVA Medical, LLC, Poly-Med Incorporated, Bezwada Biomedical, LLC, Nomisma Healthcare Pvt. Ltd., Polysciences, Inc., Musashino Chemical Laboratory, Ltd., Henan Xinghan Biotechnology Co. Ltd., BMG Incorporated, and Huizhou Foryou Medical Devices Co., Ltd.

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