Market Overview:
The global resorbable polymers market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for resorbable polymers in drug delivery and orthopedics applications. The North America region is expected to dominate the global resorbable polymers market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Resorbable Polymers are materials that can be broken down and absorbed by the body over time. They are often used in medical implants and other devices that need to be gradually absorbed into the body. The importance of resorbable polymers is that they allow for devices or implants to be gradually absorbed into the body, which reduces the risk of infection or other complications.
Polylactic Acid (PLA):
Polylactic acid (PLA) is a biodegradable polymer produced from renewable resources. It has the ability to be easily dissolved in organic solvents and recycled after drying. PLA consists of lactic acid, which is derived from bacterial fermentation using renewable sources such as corn starch or sugarcane bagasse.
Polyglycolic Acid (PGA):
Polyglycolic acid (PGA) is a water-soluble polymer with an amorphous molecular structure. It has strong hydrophilic properties and is used as a crosslinking agent in the formulation of resorbable polymers. PGA acts as an excellent replacement for sutures in soft tissue repair applications, which makes it popular among surgeons.
Application Insights:
The others segment held the largest market share of more than 40.0% in 2017 and is expected to witness significant growth over the forecast period owing to its wide applications such as wound management, tissue engineering, artificial ligaments & tendons, bone grafts and implants, joint replacement therapies including arthroscopy laparoscopy urology surgery neurosurgery cardiovascular surgeries etc. The drug delivery application segment is also expected to register a considerable CAGR during the same period due to its increasing use in various medical procedures such as spinal interbody fusion pediatrics trauma abdominal wall repair etc.
Orthopedics was one of the major segments that accounted for a substantial market share in 2017 owing to growing demand for advanced orthopedic products with enhanced performance characteristics at reduced costs coupled with an efficient method of administration globally.
Regional Analysis:
North America dominated the global resorbable polymers market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing healthcare expenditure coupled with growing awareness regarding medical supplies and devices is anticipated to drive the demand for biocompatible implants and associated products, thereby supporting market growth. In addition, increasing R&D activities by major companies in this region are also likely to contribute toward industry growth over the next eight years.
Asia Pacific is projected to be one of fastest-growing regions during the same period owing to rising product demand from various end-use industries such as biomedical, dental & oral care, automotive & transportation, packaging among others due to rapid urbanization.
Growth Factors:
- Increasing demand for resorbable polymers in medical applications due to their biocompatibility and biodegradability properties.
- Rising demand for resorbable polymers from the automotive industry as a replacement for traditional metals and plastics.
- Growing use of resorbable polymers in packaging applications due to their environmental friendly nature and recyclability properties.
- Increasing research and development activities by polymer manufacturers to develop new types of resorbable polymers with better mechanical, thermal, and electrical properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Resorbable Polymers Market Research Report
By Type
Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polycaprolactone, Polysaccharides, Bio-polyesters, Agro-polymers, Proteins
By Application
Drug Delivery, Orthopedics, Others
By Companies
Corbion, Poly-Med, Inc., Foster Corporation, Evonik Industries AG, KLS Martin, American Crystal Sugar Company, KAO Corporation, Stepan Company, Amino, Sunwin Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Resorbable Polymers Market Report Segments:
The global Resorbable Polymers market is segmented on the basis of:
Types
Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polycaprolactone, Polysaccharides, Bio-polyesters, Agro-polymers, Proteins
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Drug Delivery, Orthopedics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corbion
- Poly-Med, Inc.
- Foster Corporation
- Evonik Industries AG
- KLS Martin
- American Crystal Sugar Company
- KAO Corporation
- Stepan Company
- Amino
- Sunwin Chemicals
Highlights of The Resorbable Polymers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polylactic Acid (PLA)
- Polyglycolic Acid (PGA)
- Polycaprolactone
- Polysaccharides
- Bio-polyesters
- Agro-polymers
- Proteins
- By Application:
- Drug Delivery
- Orthopedics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Resorbable Polymers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Resorbable polymers are a type of polymer that can be dissolved in water and then reabsorbed by the body. This means that they can be absorbed back into the bloodstream, where they can help to heal wounds or replace damaged tissue.
Some of the key players operating in the resorbable polymers market are Corbion, Poly-Med, Inc., Foster Corporation, Evonik Industries AG, KLS Martin, American Crystal Sugar Company, KAO Corporation, Stepan Company, Amino, Sunwin Chemicals.
The resorbable polymers market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Resorbable Polymers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Resorbable Polymers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Resorbable Polymers Market - Supply Chain
4.5. Global Resorbable Polymers Market Forecast
4.5.1. Resorbable Polymers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Resorbable Polymers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Resorbable Polymers Market Absolute $ Opportunity
5. Global Resorbable Polymers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Resorbable Polymers Market Size and Volume Forecast by Type
5.3.1. Polylactic Acid (PLA)
5.3.2. Polyglycolic Acid (PGA)
5.3.3. Polycaprolactone
5.3.4. Polysaccharides
5.3.5. Bio-polyesters
5.3.6. Agro-polymers
5.3.7. Proteins
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Resorbable Polymers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Resorbable Polymers Market Size and Volume Forecast by Application
6.3.1. Drug Delivery
6.3.2. Orthopedics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Resorbable Polymers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Resorbable Polymers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Resorbable Polymers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Resorbable Polymers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Resorbable Polymers Demand Share Forecast, 2019-2026
9. North America Resorbable Polymers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Resorbable Polymers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Resorbable Polymers Market Size and Volume Forecast by Application
9.4.1. Drug Delivery
9.4.2. Orthopedics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Resorbable Polymers Market Size and Volume Forecast by Type
9.7.1. Polylactic Acid (PLA)
9.7.2. Polyglycolic Acid (PGA)
9.7.3. Polycaprolactone
9.7.4. Polysaccharides
9.7.5. Bio-polyesters
9.7.6. Agro-polymers
9.7.7. Proteins
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Resorbable Polymers Demand Share Forecast, 2019-2026
10. Latin America Resorbable Polymers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Resorbable Polymers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Resorbable Polymers Market Size and Volume Forecast by Application
10.4.1. Drug Delivery
10.4.2. Orthopedics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Resorbable Polymers Market Size and Volume Forecast by Type
10.7.1. Polylactic Acid (PLA)
10.7.2. Polyglycolic Acid (PGA)
10.7.3. Polycaprolactone
10.7.4. Polysaccharides
10.7.5. Bio-polyesters
10.7.6. Agro-polymers
10.7.7. Proteins
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Resorbable Polymers Demand Share Forecast, 2019-2026
11. Europe Resorbable Polymers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Resorbable Polymers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Resorbable Polymers Market Size and Volume Forecast by Application
11.4.1. Drug Delivery
11.4.2. Orthopedics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Resorbable Polymers Market Size and Volume Forecast by Type
11.7.1. Polylactic Acid (PLA)
11.7.2. Polyglycolic Acid (PGA)
11.7.3. Polycaprolactone
11.7.4. Polysaccharides
11.7.5. Bio-polyesters
11.7.6. Agro-polymers
11.7.7. Proteins
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Resorbable Polymers Demand Share, 2019-2026
12. Asia Pacific Resorbable Polymers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Resorbable Polymers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Resorbable Polymers Market Size and Volume Forecast by Application
12.4.1. Drug Delivery
12.4.2. Orthopedics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Resorbable Polymers Market Size and Volume Forecast by Type
12.7.1. Polylactic Acid (PLA)
12.7.2. Polyglycolic Acid (PGA)
12.7.3. Polycaprolactone
12.7.4. Polysaccharides
12.7.5. Bio-polyesters
12.7.6. Agro-polymers
12.7.7. Proteins
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Resorbable Polymers Demand Share, 2019-2026
13. Middle East & Africa Resorbable Polymers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Resorbable Polymers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Resorbable Polymers Market Size and Volume Forecast by Application
13.4.1. Drug Delivery
13.4.2. Orthopedics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Resorbable Polymers Market Size and Volume Forecast by Type
13.7.1. Polylactic Acid (PLA)
13.7.2. Polyglycolic Acid (PGA)
13.7.3. Polycaprolactone
13.7.4. Polysaccharides
13.7.5. Bio-polyesters
13.7.6. Agro-polymers
13.7.7. Proteins
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Resorbable Polymers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Resorbable Polymers Market: Market Share Analysis
14.2. Resorbable Polymers Distributors and Customers
14.3. Resorbable Polymers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Corbion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Poly-Med, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Foster Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Evonik Industries AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KLS Martin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. American Crystal Sugar Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KAO Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stepan Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Amino
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sunwin Chemicals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
