Press release
Bioresorbable Medical Material Market: Global Outlook & Forecast (2024-2033)
๐ According to Allied Market Research, the global bioresorbable medical material market was valued at $0.4 billion in 2023 and is projected to reach $1.2 billion by 2033, growing at a CAGR of 10.6% from 2024 to 2033.
๐ฅ Download Sample PDF with Graphs & Figures: https://www.alliedmarketresearch.com/request-sample/A324381
๐ Key Market Drivers:
Minimally Invasive Surgery (MIS) Boom: Increasing preference for MIS procedures is driving demand for materials that support fast healing without requiring secondary surgeries.
Technological Advancements: Innovation in polymer science and bioengineering continues to enhance the functionality, durability, and compatibility of bioresorbable materials.
Chronic Disease & Aging Population: A growing elderly demographic and higher chronic disease rates create strong demand for temporary implants and devices.
Cost-Effectiveness & Safety: Bioresorbable materials reduce long-term complications and eliminate the need for surgical removal, lowering healthcare costs and improving patient outcomes.
R&D Investment Surge: Significant global investment in healthcare R&D supports continuous innovation in bioresorbable technologies.
๐งช Segment Highlights:
๐น Polylactide (PLA): Market Leader in Product Type
Polylactide stands out for its:
Biocompatibility and biodegradability
Ease of processing and cost-efficient production
Versatile use in sutures, drug delivery systems, and tissue scaffolds
Its favorable mechanical properties and wide acceptance in the healthcare industry have made PLA the leading product segment in this market.
๐น Orthopedics: Dominating Application Segment
Orthopedic applications lead the market due to the demand for temporary, absorbable implants that support bone healing and eliminate the need for removal.
Bioresorbable materials help reduce post-operative complications and shorten recovery time.
Innovations in material strength and bio-integration are driving wider adoption in fracture fixation, ligament repair, and spinal surgeries.
๐ Regional Outlook:
๐ North America: Market Dominance Through 2033
Held the largest revenue share in 2023
Growth supported by:
Advanced healthcare infrastructure
High R&D activity and healthcare spending
Strong regulatory framework enabling faster commercialization of medical innovations
Presence of key market players and a tech-savvy healthcare ecosystem continues to reinforce North America's leadership
๐ฅ Key Market Players:
Medtronic
Stryker Corporation
Johnson & Johnson
Boston Scientific
Smith & Nephew
Zimmer Biomet
B. Braun Melsungen AG
KLS Martin Group
Dare Bioscience
Amedica Corporation
These industry leaders are actively engaged in strategic collaborations, product development, mergers, and geographic expansion to strengthen their positions in the global market. The report offers comprehensive insights into their product portfolios, financial performance, and recent initiatives, helping stakeholders make informed decisions.
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Toll Free: +1-800-792-5285
Int'l: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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 Medical Material Market: Global Outlook & Forecast (2024-2033) here
News-ID: 4058728 • Views: โฆ
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collectโฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโฆ
More Releases for Bioresorbable
Bioresorbable Vascular Scaffold Market A Scaffolding Revolution: The Soaring Bio โฆ
Bioresorbable Vascular Scaffold Market worth $300.21 Mn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Bioresorbable Vascular Scaffold Market- (By Product Type (Enviroximes-eluting Device, Novalis's-eluting Device, Sirolimus-eluting Device. Others), By Disease Type (Coronary Artery Disease, Peripheral Artery Disease), By Material Type (Poly-L-Lactic Acid (PLLA), Tyrosine-derived Polycarbonate, Others), By End-user (Hospital, Ambulatory Surgical Center, Cardiacโฆ
Unlocking Prosperity: Bioresorbable Polymers Market Insights
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ, a renowned Market research firm, introduces its latest research report on the ๐๐ข๐จ๐ซ๐๐ฌ๐จ๐ซ๐๐๐๐ฅ๐ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ, providing a detailed guide for businesses seeking growth progression. This report is meticulously crafted to aid in investment decisions, offering crucial insights and encouraging strategic investment discretion for new entrants aiming for seamless Market penetration.
๐๐๐
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐จ๐ซ๐๐ฌ๐จ๐ซ๐๐๐๐ฅ๐ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ https://growthmarketreports.com/request-sample/5738
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐ข๐จ๐ซ๐๐ฌ๐จ๐ซ๐๐๐๐ฅ๐ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
The global bioresorbable polymers marketโฆ
Growing Demand for Bioresorbable Medical Implants to Drive Bioresorbable Polymer โฆ
According to our latest market study, titled "Bioresorbable Polymers Market to 2028- Covid-19 Impact and Global Analysis by Type [Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polydioxanone, Polycaprolactone (PCL), and Others] and Application (Orthopedic Devices, Drug Delivery, and Others),'' The bioresorbable polymers market was valued at US$ 3,260.07 million in 2021 and is projected to reach US$ 6,463.07 million by 2028. It is expected to grow at a CAGR of 10.3%โฆ
Bioresorbable Polymers Market Future Business Status and Prospects Bioresorbable โฆ
(Latest Industry Report 2022) Bioresorbable Polymers Market report provides a basic overview of the industry including definitions and classifications. The market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. The study provides a complex examination of the application, including a detailed cost assessment analysis of the products available in the global market with respect to the profit margins of establishedโฆ
Bioresorbable Implants Market Future Adoption Overview 2028
Global Bioresorbable Implants Market: Overview
The global bioresorable implants market is gaining traction, owing to the convenience it provides to the healthcare sector in improving the damaged and injured biological structures. Previously, the conventional implants were highly used by orthopedic surgeons for fixing several internal structures. These traditional implants have required a lot of advancement and development over the decades. However, the advanced form of implants which is also known asโฆ
Bioresorbable Implants Market Snapshot by 2017 โ 2025
Global Bioresorbable Implants Market: Key Players
Currently, the global bioresorbable implants market is highly competitive owing to the involvement of many established players. Some of the key players in the global bioresorbable implants market are Bioretec, DePuy Synthes, Stryker, Smith & Nephew, Biomet, Medtronic and Nu Vasive.
Conventional implants were used by orthopedic surgeons previously to fix internal fixation for years. These implants have required a lot of development over the decades.โฆ
