Press release
Bioresorbable Polymers Market is Projected to Reach US$ 6.2 Billion By 2032
The Bioresorbable Polymers revenues were estimated at US$ 1.3 Bn in 2021 and is anticipated to grow at a CAGR of 15.8% from 2022-2032, according to a recently published Fact.MR report. By the end of 2032, the market is expected to reach a valuation of US$ 6.2 Billion. Increased surgical procedures, rising demand for drug delivery applications, and the use of biocompatible medical equipment were the prominent revenue-generating factors that had an impact on the bioresorbable polymers market.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7974?PS
The value of biopolyesters increased at a CAGR of roughly 12.5% between 2017 and 2021. Bioployesters provide significant benefits that are promoting the market for bioresorbable polymers. The majority of biopolyesters are biodegradable and biocompatible, have significant strength, and may be formed into films or other objects for use in industrial packaging or biocompatible/bioabsorbable medical devices. Biopolyesters are created from renewable sources.
As per the Global Bioresorbable Polymers Market research by Fact.MR - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Bioresorbable Polymers Market increased at around 12.4% CAGR. The key revenue drivers, which affected the Bioresorbable Polymers Market, are an increase in surgical interventions, growing demand for drug delivery applications, and biocompatible medical devices.
A polymer called biopolyesters is used in the field of surgery for implants used in bone anastomosis. Because they are simple to mold into implants and have outstanding biocompatibility, biopolyesters are very popular. Consequently, this is increasing the demand for biopolyesters.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
โข Bioresorable Polymers market was valued at US$ 1.3 Bn in 2021. According to Fact.MR, Bioresorable Polymers revenue would increase 4.1X between 2022 and 2032, reaching roughly US$ 6.2 Bn in 2032.
โข In terms of Product Type, Biopolyesters is projected to account for the highest projected CAGR of over 16.5%
โข In terms of application, revenue through Orthopedics accounted for the highest CAGR of 13.2% during 2017-21.
โข US is the dominant country in Bioresorable Polymers market with an expected absolute dollar growth opportunity of over US$ 1.7 Bn.
Competitive Landscape
Some of the key players in bioresorbable polymers market are Corbion NV, Evonik Industries AG, Poly-Med, Inc., KLS Martin Group, Foster Corporation, Ashland Global Holdings Inc., DSM Biomedical, Inc, Zeus Industrial Products, Inc, REVA Medical, LLC., Poly-Med Incorporated, Bezwada Biomedical, and Nomisma Healthcare Pvt. Ltd.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐ค๐๐ฒ ๐๐ข๐จ๐ซ๐๐ฌ๐จ๐ซ๐๐๐๐ฅ๐ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ซ๐ฌ ๐๐ซ๐ ๐๐ฌ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:
In March 2021, Ashland Global Holdings Inc. expanded the production plant for its Viatel bioresorbable polymer and relocated its research and development (R&D) activities from Dublin to Mullingar's National Science Park.
In September 2020, Corbion and Total announced plans to develop a new polylactic acid bioplastics plant in Europe. The plant, which will be Europe's first global-scale Polylactic acid production facility, is estimated to have a capacity of 100 thousand tonnes per year.
The new factory is scheduled to open in 2024 and will be located in France. This additional polylactic acid investment will hasten plans to increase lactic acid production and meet the increasing demand for polymers.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7974?PS
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐
Corbion N V
Evonik Industries AG
Poly-Med, Inc.
KLS Martin Group
Foster Corporation
Ashland Global Holdings Inc.
DSM Biomedical, Inc
Zeus Industrial Products, Inc
REVA Medical, LLC.
Poly-Med Incorporated
Bezwada Biomedical
Nomisma Healthcare Pvt. Ltd.
๐๐ข๐จ๐ซ๐๐ฌ๐จ๐ซ๐๐๐๐ฅ๐ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ : ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
By Product Type :
Biopolyesters
Agro-polymers
By Application :
Orthopedics
Drug Delivery
Other Applications
By Region :
North America
Latin America
Europe
APAC
MEA
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐
Fact.MR, in its new offering, presents an unbiased analysis of the Bioresorable Polymers Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Bioresorable Polymers in terms of by Product Type (Biopolyesters, Agro-polymers), Application (Orthopedics, Drug Delivery, Other Applications) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
Contact:
Us Sales Office :
11140 Rockville Pike
Suite 400
Rockville, Md 20852
United States
Tel: +1 (628) 251-1583
About Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bioresorbable Polymers Market is Projected to Reach US$ 6.2 Billion By 2032 here
News-ID: 3156639 • Views: โฆ
More Releases from Fact.MR
Intracranial Aneurysm Market is Expamding at a CAGR of 10.5% by 2035 |
The global intracranial aneurysm market is poised for robust growth over the next decade, as innovations in treatment techniques and a growing focus on early detection fuel demand. According to the latest market research, the industry is projected to expand at a strong CAGR of 10.5% during the forecast period from 2025 to 2035. This growth trajectory is expected to elevate the market value from USD 1,626 million in 2024โฆ
Airport Kiosk Market to Reach USD 5.67 Billion by 2033 | Avantor, Charter Medica โฆ
The global aviation industry is undergoing a massive transformation as airports increasingly turn to automation and digitalization to enhance passenger experience, reduce operational costs, and improve efficiency. Among the most visible symbols of this shift are airport kiosks, which are now integral to check-in, security, boarding, and baggage handling processes. According to the latest research, worldwide demand for airport kiosks is set to grow at a compound annual growth rateโฆ
Airport Kiosk Market to Reach USD 5.67 Billion by 2033 Driven by Automation in A โฆ
The global aviation industry is undergoing a massive transformation as airports increasingly turn to automation and digitalization to enhance passenger experience, reduce operational costs, and improve efficiency. Among the most visible symbols of this shift are airport kiosks, which are now integral to check-in, security, boarding, and baggage handling processes. According to the latest research, worldwide demand for airport kiosks is set to grow at a compound annual growth rateโฆ
Remote Control Market is Expanding at a CAGR of 4.8% by 2034 | Omni Remote; Zeni โฆ
The global remote control market is on a steady growth trajectory, underpinned by rapid technological advancements and the growing penetration of smart consumer electronics. According to the latest projections by Fact.MR, the market, valued at USD 26.4 billion in 2024, is expected to expand at a CAGR of 4.8% during the forecast period from 2024 to 2034, reaching USD 42.1 billion by the end of 2034. As households and industriesโฆ
More Releases for Polymers
Polymers Recycling Service Market Share to witness a steady rise in coming decad โฆ
The "Polymers Recycling Service Market" Report by SMI is a research study planned to focus on all the major marketing factors propelling the growth of the market along with a holistic insight into the important factors and aspects that affect future Market growth. The market has been analyzed for the forecast period 2022-2030. The research report on the market is prepared by keeping in mind the geographical and segmental sectionsโฆ
Global Aromatic Ketone Polymers Market | 2014 - 2020 (KEYPLAYERS) Lions Apparel, โฆ
Aromatic ketone polymers belong to the family of aromatic hydrocarbons and are also known as Poly Aryl Ether Ketones; abbreviated as PAEKs. PAEKs are thermoplastics that are crystalline in nature and are characterized by good mechanical properties, thermal stability, chemical and solvent resistance, temperature and fire resistance and excellent electrical performance. PAEKsare a group of three aromatic polymers that include โ Poly Ether Ether Ketone (PEEK), Poly Ether Ketone (PEK)โฆ
Smart Polymers Market Report, By Type (Physical Stimuli Responsive Polymers (The โฆ
Smart polymers, also known stimulus-responsive polymers, has an ability to respond to very slight changes in the surrounding atmosphere. These polymers are biocompatible, strong, resilient, flexible and easy to sharpen & color. The responses of the smart polymers are manifested during variations in shape, surface characteristic, solubility, formation of an intricate molecular assembly, and other situations. The environmental trigger behind these transitions can be either alter in temperature, pH shift,โฆ
Thermoplastic Polyolefins Market 2024 Key Players The Dow Chemical Company, Arke โฆ
Rising application scope in automotive, construction and medical industry will drive the thermoplastic polyolefins market growth. Technological innovations in automobile component production led to increasing uses due to its light weight properties.
Emerging trend to replace PVC due to rising ecological concerns will fuel the market growth. Excellent abrasion resistance, high strength, light weight, low costs, resistance to UV radiation and oxidation are the substantial properties encouraging usage in various applications.โฆ
Polymers Manufacturers Report of High Performance Polymers in Global Market 2018
This report studies the global High Performance Polymers market status and forecast, categorizes the global High Performance Polymers market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
The global High Performance Polymers market is valued at million US$ in 2017 andโฆ
Global Water-Dispersible Polymers Market For Synthetic Polymer, Natural Polymers โฆ
"The Latest Research Report United States Water-Dispersible Polymers Market Report 2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
About Water-Dispersible Polymers Market
In this report, the United States Water-Dispersible Polymers market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically,โฆ
