Bioresorbable Polymers Market Forecast to 2028

Report Code : TIPRE00026862 | Region : Global | Industry : Chemicals and Materials | Published Date : 25/Jan/2022
Bioresorbable Polymers Market Forecast 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% from 2021 to 2028.

The rising demand for bioresorbable polymers for manufacturing medical implants is boosting the bioresorbable polymers market. Polymer materials, such as polylactic acid, polycaprolactone, Polydioxanone, and others, are widely used to manufacture screws, pins, rods, plates scaffolds, sutures, stents, and other bioabsorbable medical implant devices. During the recovery phase, the temporary implants gradually start dissolving and are entirely absorbed in the body after its function is performed. As the body itself absorbs these bioresorbable implants, the patient does not require a second surgical intervention to remove them. Hence, the demand for bioresorbable polymer implants is increasing and, subsequently, driving the bioresorbable polymer market.

The COVID-19 limited the chemicals and materials industry's operations, hampering many businesses globally. Supply chain disruptions and difficulty in procuring raw materials have restrained the bioresorbable polymers market to some extent. Delays in medical surgeries have been observed during this pandemic over the world. Although elective surgeries resumed in the UK (and many other countries as well) in mid-2020, most hospitals are functioning at a substantially reduced capacity, resulting in an ever-lengthening waitlist. The delay in medical surgeries has decreased the demand for medical and orthopedic devices, affecting the bioresorbable polymers market.

Bezwada Biomedical, LLC; Evonik Industries AG; Foster Corporation; Ashland; Musashino Chemical Laboratory, Ltd.; Huizhou Foryou Medical Devices Co., Ltd.; Polysciences, Inc.; BMG; Poly-Med Incorporated; And Reva Medical, LLC., are the key players in the bioresorbable polymers market.

The size of the global bioresorbable polymers market has been derived using primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in this market.

The List of Companies - Bioresorbable Polymers Market

1. BMG Incorporated

2. Evonik Industries AG

3. Foster Corporation

4. Ashland Global Holdings Inc.

5. Poly-Med Incorporated

6. REVA Medical, LLC

7. Musashino Chemical Laboratory, Ltd

8. Huizhou Foryou Medical Devices Co., Ltd.

9. Polysciences Inc

10. Bezwada Biomedical LLC

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

4. Bioresorbable Polymers Market Landscape

4.1 Market Overview

4.2.1 Bargaining Power of Suppliers:

4.2.2 Bargaining Power of Buyers:

4.2.3 Threat of New Entrants:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Bioresorbable Polymers Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Demand for Bioresorbable Medical Implants and Wound Dressing Covers

5.1.2 Rising Demand for Orthopedic Surgery due to Augmenting Cases of Road and On-site Accident

5.2 Market Restraints

5.2.1 Increasing Minimally Invasive Surgeries

5.3 Market Opportunities

5.3.1 Growing Healthcare Infrastructure in Developing Economies

5.4 Future Trends

5.4.1 Rising Trend of 3D Scaffold Printing for Tissue Engineering

5.5 Impact Analysis of Drivers and Restraints

6. Bioresorbable Polymers – Global Market Analysis

6.1 Bioresorbable Polymers Market Overview

6.2 Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning – Bioresorbable Polymers Market Players

7. Bioresorbable Polymers Market – By Type

7.1 Overview

7.2 Bioresorbable Polymers Market, By Type (2020 and 2028)

7.3 Polylactic Acid (PLA)

7.3.1 Overview

7.3.2 Polylactic Acid (PLA): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Polyglycolic Acid (PGA)

7.4.1 Overview

7.4.2 Polyglycolic Acid (PGA): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Polydioxanone

7.5.1 Overview

7.5.2 Polydioxanone: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Polycaprolactone (PCL)

7.6.1 Overview

7.6.2 Polycaprolactone (PCL): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

8. Bioresorbable Polymers Market Analysis – By Application

8.1 Overview

8.2 Bioresorbable Polymers Market, By Application (2020 and 2028)

8.3 Orthopedic Devices

8.3.1 Overview

8.3.2 Orthopedic Devices: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Drug Delivery

8.4.1 Overview

8.4.2 Drug Delivery: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

9. Bioresorbable Polymers Market – Geographic Analysis

9.1 Overview

9.2 North America: Bioresorbable Polymers Market

9.2.1 North America: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.2.2 North America: Bioresorbable Polymers Market, by Type

9.2.3 North America: Bioresorbable Polymers Market, by Application

9.2.4 North America: Bioresorbable Polymers Market, by Key Country

9.2.4.1 US: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.2.4.1.1 US: Bioresorbable Polymers Market, by Type

9.2.4.1.2 US: Bioresorbable Polymers Market, by Application

9.2.4.2 Canada: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.2.4.2.1 Canada: Bioresorbable Polymers Market, by Type

9.2.4.2.2 Canada: Bioresorbable Polymers Market, by Application

9.2.4.3 Mexico: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.2.4.3.1 Mexico: Bioresorbable Polymers Market, by Type

9.2.4.3.2 Mexico: Bioresorbable Polymers Market, by Application

9.3 Europe: Bioresorbable Polymers Market

9.3.1 Europe: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.3.2 Europe: Bioresorbable Polymers Market, by Type

9.3.3 Europe: Bioresorbable Polymers Market, by Application

9.3.4 Europe: Bioresorbable Polymers Market, by Key Country

9.3.4.1 Germany: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1 Germany: Bioresorbable Polymers Market, by Type

9.3.4.1.2 Germany: Bioresorbable Polymers Market, by Application

9.3.4.2 France: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1 France: Bioresorbable Polymers Market, by Type

9.3.4.2.2 France: Bioresorbable Polymers Market, by Application

9.3.4.3 Italy: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1 Italy: Bioresorbable Polymers Market, by Type

9.3.4.3.2 Italy: Bioresorbable Polymers Market, by Application

9.3.4.4 UK: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1 UK: Bioresorbable Polymers Market, by Type

9.3.4.4.2 UK: Bioresorbable Polymers Market, by Application

9.3.4.5 Russia: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1 Russia: Bioresorbable Polymers Market, by Type

9.3.4.5.2 Russia: Bioresorbable Polymers Market, by Application

9.3.4.6 Rest of Europe: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1 Rest of Europe: Bioresorbable Polymers Market, by Type

9.3.4.6.2 Rest of Europe: Bioresorbable Polymers Market, by Application

9.4 Asia Pacific: Bioresorbable Polymers Market

9.4.1 Asia Pacific: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.4.2 Asia Pacific: Bioresorbable Polymers Market, By Type

9.4.3 Asia Pacific: Bioresorbable Polymers Market, by Application

9.4.4 Asia Pacific: Bioresorbable Polymers Market, by Key Country

9.4.4.1 Australia: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1 Australia: Bioresorbable Polymers Market, By Type

9.4.4.1.2 Australia: Bioresorbable Polymers Market, by Application

9.4.4.2 China: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1 China: Bioresorbable Polymers Market, By Type

9.4.4.2.2 China: Bioresorbable Polymers Market, by Application

9.4.4.3 India: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1 India: Bioresorbable Polymers Market, By Type

9.4.4.3.2 India: Bioresorbable Polymers Market, by Application

9.4.4.4 Japan: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1 Japan: Bioresorbable Polymers Market, By Type

9.4.4.4.2 Japan: Bioresorbable Polymers Market, by Application

9.4.4.5 South Korea: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1 South Korea: Bioresorbable Polymers Market, By Type

9.4.4.5.2 South Korea: Bioresorbable Polymers Market, by Application

9.4.4.6 Rest of Asia Pacific: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.6.1 Rest of Asia Pacific: Bioresorbable Polymers Market, By Type

9.4.4.6.2 Rest of Asia Pacific: Bioresorbable Polymers Market, by Application

9.5 Middle East and Africa: Bioresorbable Polymers Market

9.5.1 Middle East and Africa: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.5.2 Middle East and Africa: Bioresorbable Polymers Market, By Type

9.5.3 Middle East and Africa: Bioresorbable Polymers Market, by Application

9.5.4 Middle East and Africa: Bioresorbable Polymers Market, by Key Country

9.5.4.1 South Africa: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1 South Africa: Bioresorbable Polymers Market, By Type

9.5.4.1.2 South Africa: Bioresorbable Polymers Market, by Application

9.5.4.2 Saudi Arabia: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1 Saudi Arabia: Bioresorbable Polymers Market, By Type

9.5.4.2.2 Saudi Arabia: Bioresorbable Polymers Market, by Application

9.5.4.3 UAE: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1 UAE: Bioresorbable Polymers Market, By Type

9.5.4.3.2 UAE: Bioresorbable Polymers Market, by Application

9.5.4.4 Rest of MEA: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1 Rest of MEA: Bioresorbable Polymers Market, By Type

9.5.4.4.2 Rest of MEA: Bioresorbable Polymers Market, by Application

9.6 South and Central America: Bioresorbable Polymers Market

9.6.1 South and Central America: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.6.2 South and Central America: Bioresorbable Polymers Market, By Type

9.6.3 South and Central America: Bioresorbable Polymers Market, by Application

9.6.4 South and Central America: Bioresorbable Polymers Market, by Key Country

9.6.4.1 Brazil: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1 Brazil: Bioresorbable Polymers Market, By Type

9.6.4.1.2 Brazil: Bioresorbable Polymers Market, by Application

9.6.4.2 Argentina: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1 Argentina: Bioresorbable Polymers Market, By Type

9.6.4.2.2 Argentina: Bioresorbable Polymers Market, by Application

9.6.4.3 Rest of South and Central America: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1 Rest of South and Central America: Bioresorbable Polymers Market, By Type

9.6.4.3.2 Rest of South and Central America: Bioresorbable Polymers Market, by Application

10. Impact of COVID-19 on Global Bioresorbable Polymers Market

10.1 Overview – Impact of COVID-19

10.2 North America: Impact Assessment of COVID-19 Pandemic

10.3 Europe: Impact Assessment of COVID-19 Pandemic

10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.6 South and Central America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Expansion

11.3 Product News

12. Company Profiles

12.1 BMG Incorporated

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Evonik Industries AG

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Foster Corporation

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Ashland Global Holdings Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Poly-Med Incorporated

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 REVA Medical, LLC

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Musashino Chemical Laboratory, Ltd.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Huizhou Foryou Medical Devices Co., Ltd.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Polysciences Inc.

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Bezwada Biomedical LLC

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. Global Bioresorbable Polymers Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 3. Global Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. North America Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6. US Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. US Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10. Mexico Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12. Europe Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Europe Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. Germany Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. Germany Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 16. France Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 17. France Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 18. Italy Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 19. Italy Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20. UK Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 21. UK Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 22. Russia: Bioresorbable Polymers Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 23. Russia: Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of Europe Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 25. Rest of Europe Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 26. Asia Pacific Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million

Table 27. Asia Pacific Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 28. Australia Bioresorbable Polymers Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 29. Australia Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 30. China Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 31. China Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 32. India Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 33. India Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 34. Japan Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 35. Japan Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 36. South Korea Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 37. South Korea Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 38. Rest of Asia Pacific Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 39. Rest of Asia Pacific Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 40. Middle East and Africa Bioresorbable Polymers Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 50. South and Central America Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 51. South and Central America Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 52. Brazil Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 53. Brazil Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 54. Argentina Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 55. Argentina Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 56. Rest of South and Central America Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 57. Rest of South and Central America Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 58. List of Abbreviation

The List of Companies - Bioresorbable Polymers Market

1. BMG Incorporated

2. Evonik Industries AG

3. Foster Corporation

4. Ashland Global Holdings Inc.

5. Poly-Med Incorporated

6. REVA Medical, LLC

7. Musashino Chemical Laboratory, Ltd

8. Huizhou Foryou Medical Devices Co., Ltd.

9. Polysciences Inc

10. Bezwada Biomedical LLC

Reason To Buy

• Highlights key business priorities to assist companies realign their business strategies.

• Features key findings and crucial progressive industry trends in the global bioresorbable polymers market, thereby allowing players to develop effective long-term strategies.

• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.

• Scrutinizes in-depth market trends as well as key market drivers and restraints.

• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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