Bioresorbable Medical Material Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2018 – 2028

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Increasing use of bioresorbable polymers in medical sector, rising number of orthopedic surgeries performed across the globe, and advancements in orthopedic bioresorbable implants are some key factors driving market growth

The global bioresorbable medical material market size is expected to reach USD 2,193.01 Million by 2028 at a CAGR of 9.9%, according to the latest report by Reports and Data. Increasing number of orthopedic surgeries performed in geriatric patients, cost-effective surgical procedures, and growing use of biodegradable materials in medical sector are key factors expected to drive market revenue growth over the forecast period. In addition, advancements in orthopedic science and implants are some other factors expected to support market growth going ahead.

Bioresorbable medical materials are absorbed and excreted by the body after they complete their temporary functions of mechanical, scaffolding, and biointegration. New generation of bioresorbable medical devices have been developed over the recent past to minimize the long-term side effects of corrosion-resistant implants. Bioresorbable medical materials or devices are made up of polymers that can be easily degraded over time. This has enabled the medical sector to overcome issues related to non-natural medical devices with regards to biological incompatibility that can lead to toxic side effects and immune rejection. This has increased interest of researchers and pharma companies in bioresorbable medical devices and is expected to continue to be prevalent going ahead.

Top Companies operating in the Market and Profiled in the Report include:

  • Evonik
  • Foster Corporation
  • Poly-Med Corporation
  • Zeus Industrial Products Inc.
  • Ashland
  • Durect Corporation
  • Groupe PCAS
  • DSM, Corbion
  • Putnam Plastics

For the purpose of this report, Reports and Data has segmented the Biologics market on the basis of product, application, end use and region :

Type Outlook (Revenue, USD Million; Volume in Tons, 2018–2028)

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

Application Outlook (Revenue, USD Million; Volume in Tons, 2018–2028)

  • Drug Delivery
  • Orthopedics
  • Others

Region analysis Covers:

  • North America (U.S.A., Canada, Mexico)
  • Europe (U.K., Italy, Germany, France, Rest of Europe)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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