Bioresorbable Medical Material Market Landscape 2025: Forecast Data and Growth Strategy Insights

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What Is the Expected CAGR for the Bioresorbable Medical Material Market Through 2025?
There has been swift expansion in the bioresorbable medical material market in the past few years. It is projected to proliferate from a worth of $1.56 billion in 2024 to approximately $1.72 billion in 2025, with a compound annual growth rate (CAGR) of 10.1%. This growth during the historical period is due to various factors such as the limitations of traditional non-resorbable materials, progress in polymer science, increase in cardiovascular interventions, the expansion of the elderly population, and the growth of minimally invasive surgical procedures.

What's the Projected Size of the Global Bioresorbable Medical Material Market by 2029?
The market size for bioresorbable medical materials is predicted to increase rapidly in the coming years, reaching $2.52 billion in 2029 at a compound annual growth rate (CAGR) of 10.0%. This growth over the forecast period can be credited to the rising need for bioresorbable scaffolds, the adoption of bioresorbable materials across different medical fields, an increase in cardiovascular and orthopedic surgeries, a heightened focus on patient comfort and recovery, and broadening uses in tissue engineering. Key trends for the forecast period comprise of bioresorbable materials customization for distinct medical applications, incorporating bioresorbable materials into drug delivery systems, the expansion of 3D printing in the manufacturing of bioresorbable medical devices, the creation of combination products with bioresorbable components, along with a focus on sustainable and environmentally friendly medical materials.

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Top Growth Drivers in the Bioresorbable Medical Material Industry: What's Accelerating the Market?
The bioresorbable medical material market is witnessing a surge due to the growing number of surgeries. Medical procedures which require incisions and tools to treat diseases in the human body are generally referred to as surgical procedures. Molded medical equipment such as those used in neurology, orthopedics, and aesthetic surgery, frequently use bioresorbable polymers. Sutures, anchors, and screws are some of the products that can be manufactured using these bioresorbable materials. For example, data from the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based organization, showed that in June 2024, aesthetic procedures hit nearly 35 million in 2023, reflecting a 3.4% increase in both surgical and non-surgical procedures to 34.9 million. Hence, the rising number of surgeries is fueling the expansion of the bioresorbable medical material market.

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What Trends Will Shape the Bioresorbable Medical Material Market Through 2029 and Beyond?
The emergence of innovative biomaterials is an escalating trend in the bioresorbable medical material market. Notable firms in the sector are striving to create unique biomaterials for use in 3D printing to bolster their market standing. For example, Zeus, a company from South Carolina known for its expertise in sophisticated polymer solutions across various sectors, including medical, aerospace, energy, automotive, and fiber optics, unveiled a new generation tubing for bioresorbable vascular scaffolds, called AbsorvTM XSE, in September 2023. This came as a significant enhancement to bioresorbable medical devices, potentially increasing the chances of better patient results and widening treatment choices. The revolutionary product allows comprehensive customization with multiple polymer choices and broadened sizes, thus facilitating tailored mechanical and absorption characteristics. This guarantees better uniformity in wall thickness for regular production and provides approximately 25% additional usable scaffolds post-the laser cutting process compared to previous models.

What Are the Main Segments in the Bioresorbable Medical Material Market?
The bioresorbable medical material market covered in this report is segmented -

1) By Type: Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polysaccharides, Polycaprolactone (PCL), Poly Lactic-Co-Glycolic Acid (PLGA)
2) By Application: Drug Delivery, Orthopedics, Other Applications
3) By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Research Institutes, Other End-Users

Subsegments:
1) By Polylactic Acid (PLA): Low Molecular Weight PLA, High Molecular Weight PLA, PLA Blends
2) By Polyglycolic Acid (PGA): Homopolymer PGA, Copolymer PGA
3) By Polysaccharides: Chitosan, Alginate, Hyaluronic Acid Derivatives
4) By Polycaprolactone (PCL): Standard PCL, PCL Copolymers
5) By Poly Lactic-Co-Glycolic Acid (PLGA): 50:50 PLGA, 75:25 PLGA, Other PLGA Ratios

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Which Top Companies are Driving Growth in the Bioresorbable Medical Material Market?
Major companies operating in the bioresorbable medical material market include Johnson & Johnson, Abbott Laboratories, Medtronic PLC, Kureha Corporation, Evonik Industries AG, Stryker Corporation, Toray Industries Inc., Mitsui Chemicals Inc., Arkema S.A., Royal DSM N.V., Zimmer Biomet Holdings Inc., Ashland Global Holdings Inc., Corbion N.V., Zeus Industrial Products Inc., Unitika Ltd., Danimer Scientific, Synbra Technology, KLS Martin Group, Durect Corporation, Putnam Plastics Corporation, Zhejiang Haizheng Biomaterials Co. Ltd., NatureWorks LLC, Foster Corporation, Poly-Med Inc., Futerro S.A., TotalEnergies Corbion B.V.

Which Regions Will Dominate the Bioresorbable Medical Material Market Through 2029?
North America was the largest region in the bioresorbable medical material market in 2024. Asia-Pacific is expected to be the fastest-growing region in the bioresorbable medical material market report during the forecast period. The regions covered in the bioresorbable medical material market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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