Bioresorbable Medical Material Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027 - Corbion, DSM, Mitsui Chemicals

The Bioresorbable Medical Material Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Bioresorbable Medical Material Market Size is Projected to Reach at a CAGR of 10% during 2021-2027.

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Top Leading Companies:

Corbion, DSM, Mitsui Chemicals, PCAS, Poly-Med, KLS Martin

Recent Developments

In January 2018, Ashland had acquired Vornia Limited, a manufacturer of bioresorbable polymers, for USD 12 million. Vornia Limited manufactures microscale polylactic-co-glycolic acid (PLGA) copolymers formulated in a host of injectable excipients used for the treatment of cancer, diabetes and a wide range of autoimmune diseases.

In September 2020, DSM announced a partnership with PBC Biomed, an Ireland-based medical device design and development company. This partnership will focus initially on the development of regenerative bone adhesives for safe and cost-effective surgical procedures.

In September 2020, Corbion and Total announced to build a new PLA bioplastics plant in Europe through their Total Corbion PLA joint venture. The plant is expected to have a capacity of 100,000 tons per annum, being the first global-scale PLA production facility in Europe. The new plant is planned to be located in France and to be operational in 2024. This additional PLA investment will accelerate plans to further expand lactic acid production.

Bioresorbable Medical Material Market Segmentation by Type:

Polylactic Acid (PLA)
Polyglycolic Acid (PGA)
Polysaccharides
Polycaprolactone (PCL)
PLGA

Bioresorbable Medical Material Market Segmentation by Application:

Drug Delivery
Orthopedics
Others

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Market Overview:

Growing Applications of Bioresorbable Medical Material in Healthcare to Drive Bioresorbable Medical Material in Healthcare Market Growth The rise in the ageing population is consequently leading to an increase in the total number of orthopaedic procedures performed worldwide. In addition, significant advancements in the field of orthopaedic science have also helped conduct better and efficient surgical procedures, which is leading to boosting their adoption. With this, the use of biodegradable polymers in the production of bioresorbable implants has also increased. According to a report by Becker’s Hospital (US), the total number of orthopaedic surgeries performed in the US is expected to reach 6.6 million in 2020 compared to 5.3 million surgeries performed in 2010. Moreover, according to the American Society of Orthopedic Surgeons (AAOS), a full-time practising orthopaedic surgeon performs ~32 surgeries every month, which averages to more than one surgery performed per day.

Regional Bioresorbable Medical Material Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Bioresorbable Medical Material Market Report:

Detailed overview of Bioresorbable Medical Material Market
Changing the Bioresorbable Medical Material market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Bioresorbable Medical Material market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Bioresorbable Medical Material Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Bioresorbable Medical Material Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Bioresorbable Medical Material industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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