Press release
Bioresorbable Polymers Market Predicted to Reach USD 3.3 Billion by 2031 | Top key players - Corbion N.V, Evonik Industries AG, Poly-Med Inc.
The Global Bioresorbable Polymers Market reached USD 1.2 billion in 2022 and is expected to reach USD 3.3 billion by 2031 growing with a CAGR of 13.4% during the forecast period 2024-2031.The Bioresorbable Polymers Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Bioresorbable Polymers Market refers to the industry focused on polymers that naturally degrade and are absorbed by the body over time, eliminating the need for surgical removal. These polymers are widely used in medical applications such as drug delivery, sutures, and orthopedic implants due to their biocompatibility, safety, and ability to reduce long-term complications in patients.
Prominent Industry players in the Bioresorbable Polymers Market
The prominent players in Bioresorbable Polymers market research report are: Ashland Global Holdings Inc, Corbion N.V, Evonik Industries AG, Poly-Med Inc, KLS Martin Group, Foster Corporation, Zeus Industrial Products, Seqens Group, REVA Medical, LLC, Nomisma Healthcare Pvt. Ltd.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News:
June 21, 2023 - Solvay: Launched Naternal, a biodegradable polymer brand designed for eco-friendly hair and skin care applications. Derived from guar, Naternal supports sustainable beauty formulations.
June 24, 2022 - Novozymes: Partnered with Carbios, a French biotech company, to develop biodegradable plastics. The collaboration aims to commercialize eco-friendly plastic alternatives, supporting the global shift toward sustainable materials.
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Market Segments
By Type: Polylactic acid (PLA), Polyglycolic acid (PGA), Poly (lactic-co-glycolic acid) (PLGA), Polycaprolactone (PCL), Others.
By Application: Orthopedic devices, Drug delivery, Others.
The Bioresorbable Polymers industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Bioresorbable Polymers Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Bioresorbable Polymers Market?
✒ Who are the prominent players in the Bioresorbable Polymers Market?
✒ How is the regulatory landscape affecting the Bioresorbable Polymers Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Bioresorbable Polymers Market?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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