Drug Integrated Polymer Fibers Market: by Type (Polylactic Acid, Polydioxanone, Polycaprolactone, and Others), by Application (Drug Delivery, Orthopedic Sutures, Vascular Stents, Vascular Grafts, Dermal Wound Healing, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2025

13-Nov-2019 | Number of pages: 130 | Report Code: ZMR-5044 | Report Format : | Status : Published

Abstract

According to the report, global demand for global drug integrated polymer fibers market was valued at USD 57.0 million in 2018, and is expected to generate revenue of USD 90.3 million by end of 2025, growing at a CAGR of 6.8% between 2019 and 2025

The report covers forecast and analysis for the global drug integrated polymer fibers market. The study provides historic data from 2016 to 2018 along with forecast from 2019 to 2025 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top product, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports and other sources have also been considered to arrive at the indicated market numbers.

Global Drug Integrated Polymer Fibers Market

The drug integrated polymers fibers are usually made of biocompatible and biodegradable materials. These fibers are also known as pharmaceutical fibers as these can be loaded with a variety of drugs. These polymers fibers are usually available in knitted/ braided or woven form used in medical textile devices. These fibers have wide range of applications in vascular grafts, orthopedics, drug delivery, and vascular stents along with dermal healing.

The study provides a decisive view on the drug integrated polymer fibers market by segmenting the market based on type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027.The drug integrated polymer fibers market is segmented on the basis of type into polydioxanone, polycaprolactone, polylactic acid, and others. Polylactic acid segment and its derivatives are anticipated to lead the market in drug integrated polymer fibers market. The growth of this segment is owing to the properties of polylactic acid (PLA) such as stable biocompatibility, and biodegradability of the material. The segment accounted for more approximately 45% share of the market growing at a high CAGR during the forecast period.

Drug delivery, dermal wound healing, vascular stents, orthopedic sutures, vascular grafts, and others are the key application segments of the drug integrated polymer fibers market. The orthopedic sutures segment dominated the market in terms of revenue in 2018. Whereas the drug delivery segment is anticipated to grow at significant growth rate over the forecast period, owing to increasing adoption of polymer fibers in drug delivery systems. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries.

The study also includes drivers and restraints for the drug integrated polymer fibers along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the drug integrated polymer fibers market on global level. Rapid development in the field of biotechnology and medicines has headed the drug discovery market towards growth of countless new, exceedingly potent and target-specific drug candidates. Inspite of firm pace of research and early-stage discovery, several drug candidates fail through preclinical assessment due to limited bioavailability, poor efficacy, and many other limitations related to effective drug delivery. Small molecule drugs undergo from poor stability, low solubility, non-specific toxicity, and short circulation time thus restraining their therapeutic efficiency. Biopharmaceuticals like proteins, nucleic acids, and peptides are usually restricted by low stability and hasty clearance from the body. These limitations, along with the diversity and complexity of new pharmaceuticals, are powering the evolution of novel and innovative drug delivery systems which will overcome the delivery obstacles and bioavailability. Though, in spite of the rising significance of polymer drug delivery practices, the methods and materials of drug delivery systems do not broadly exist to those in the external polymer synthesis field.

The report also provides company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts. Some of the players within global drug integrated polymer fibers market include TissueGen, Inc., Integrated Polymer Solutions, and Micro Engineering Solutions.

This report segments the global drug integrated polymer fibers market as follows:

Global Drug Integrated Polymer Fibers Market: Type Segment Analysis

  • Polylactic Acid (PLA)
  • Polydioxanone (PDO)
  • Polycaprolactone (PCL)
  • Others (PGA, PLGA, PDLL)

Global Drug Integrated Polymer Fibers Market: Application Segment Analysis

  • Drug Delivery
  • Orthopedic Sutures
  • Vascular Stents
  • Vascular Grafts
  • Dermal Wound Healing
  • Others

Global Drug Integrated Polymer Fibers Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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