Bioresorbable Polymers Market
Bioresorbable Polymers Market Analysis By Product Type (Biopolyesters, Agro-polymers), By Application (Orthopedics, Drug Delivery) and By Region - Global Market Insights 2022 to 2032
Analysis of Bioresorbable Polymers Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bioresorbable Polymers Market Growth Outlook (2022-2032)
The bioresorbable polymers market size was valued at US$ 1.3 Billion in 2021, and is projected to reach US$ 6.2 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period from 2022 to 2032.
Global market is segmented into product type, including biopolyesters, agro-polymers. Among all the types, the Biopolyesters is expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 16.5% during 2022–2032.
Report Attributes |
Details |
|
Growth Rate During 2022-2032 |
15.8% |
|
Market Size in 2022 |
US$ 1.5 Billion |
|
Market Forecast Value in 2032 |
US$ 6.2 Billion |
|
U.S. Bioresorbable Polymers Market CAGR (2022 – 2032) |
17.3% |
|
Key Companies Covered |
|
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Revenue of Bioresorbable Polymers Market from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032
As per the Global Bioresorbable Polymers Market research by Fact.MR - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Bioresorbable Polymers Market increased at around 12.4% CAGR.
The key revenue drivers, which affected the Bioresorbable Polymers Market, are an increase in surgical interventions, growing demand for drug delivery applications, and biocompatible medical devices.
Numerous medical applications, such as coronary and peripheral vascular frameworks, tissue obsession screws, bone pins, grapples, and medication delivery, utilize bioresorbable materials. Materials such as polymers, metals, glassware, and organic roots, such as regular collagen, are employed in the creation of these polymers and are frequently used in a variety of medical procedures.
What Factors are Propelling Bioresorbable Polymers Demand?
Bioresorbable polymers are commonly utilized in medical applications to create stents, sutures, and scaffolds that are put inside the human body during surgery to maintain the organ.
They are also employed inside the human body as controlled drug-release implants. Once the patient's organ begins to recover, bioresorbable polymers progressively dissolve and are totally absorbed in the body when their role is completed.
Because these products are absorbed by the body, the patient does not require a second surgical procedure to remove them. As a result, the entire operation is both cost-effective and patient-friendly. Bioresorbable polymers are utilized during maxillofacial surgery to aid in the healing process and are broken down when no longer required.
Consumers today are more health concerned, as they do not want to be subjected to unneeded drugs and medical treatments that have a variety of negative health impacts and ultimately damage the body. Therefore, the demand for Bioresorbable Polymers is rising in surgeries.
Additive manufacturing and electrospinning technology have enhanced drug delivery, implant design, and tissue engineering. Electrospinning is a technology for producing nanoscale fibers from polymer solutions for the construction of structures and materials that closely resemble the cellular matrix within biological tissues, making them valuable in the repair and regeneration of damaged tissue applications.
The biodegradability of bioresorbable polymers makes them an ideal choice for electrospinning and additive manufacturing, thus boosting the demand over the forecast period.
Another key factor influencing the global bioresorbable polymers market is the rising demand for bioresorbable polymers for medication administration. Bioresorbable polymers are ideal for medication delivery due to their chemical neutrality and safe in-body breakdown. This factor fuels the market expansion for Bioresorbable Polymers.
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Which factors can restrain the Growth of the Bioresorbable Polymers Market in the Future?
As bioresorbable polymers are primarily used to create sutures, which are used in traditional surgeries, therefore the reduction in demand for traditional surgeries has a direct impact on the demand for bioresorbable polymers.
It costs significantly to develop new bioresorbable medical equipment, and it often takes new goods more than 7-8 years to receive commercial approval. For instance, the FDA in the United States has mandated that producers of bioresorbable medical devices acquire premarket approval (PMA) before releasing their goods onto the market.
To prove this, the product must provide accurate clinical trial data, which must be presented with the premarket approval application. For a product to enter the clinical trial stage and then pass the clinical trials, the time and expense requirements are quite high, and the likelihood that the product will be approved is very low.
Additionally, it has been crucial for such devices to have the ability to provide clinically important data demonstrating clinical trial clearance. Due to the fact that bioresorbable medical devices fall under the classification of Class III items, significant regulatory compliance is required.
This is a significant barrier to the commercialization of innovative bioresorbable polymers.
A significant restraint in the anticipated time will be the cost of bioresorbable polymers, which is greater than the cost of traditional medical polymers. Considering that bioresorbable polymers can cost more than US$ 2,200 per kilogram. All these factors are reducing the demand for bioresorbable polymers and acting as a restrain for the Bioresorbable Polymers market.
Region-wise Insights
Why North America is projected to offer a significant opportunity in the Bioresorbable Polymers Market?
During the projection period, North America is projected to be the leading market for Bioresorbable Polymers. The reason behind this is the technological advancement in the healthcare sector in the United States and Canada. In 2020 the research and development spending of Canada crossed US$ 25 Bn.
The United States is hub for research and development in the healthcare sector. By 2020, the United States had invested 245.1 billion dollars in medical research and development which is driving the Bioresorbable Polymers Market.
Additionally, the rising cases of arthritis in the United States is promoting the need for Bioresorbable Polymers. According to the report of the Centers for Diseases Control and Prevention by 2040, 78 million US people who are 18 years of age or older are expected to have arthritis. Thus, these factors are driving the growth of the Bioresorbable Polymers Market in North America.
Country-wise Analysis
U.S. Bioresorbable Polymers Market
The United States is expected to account for the highest market of US$ 2.2 Bn by the end of 2032. Also, the market in the country is projected to account for an absolute dollar growth of US$ 1.7 Bn. According to the report of the National Heart, Lung, and Blood Institute, over 370 thousand Americans die each year as a result of coronary heart disease.
Treatment for coronary artery disease frequently involves angioplasty or a metal stent to widen the artery. Within the stent, scar tissue could develop and cause the artery to re-narrow. Drug-eluting stents release medication for a few months after stent placement to prevent the growth of scar tissue. Therefore, the rising cases of coronary diseases are fuelling the demand for Bioresorbable Polymers in the United States.
U.K. Bioresorbable Polymers Market
The demand for bioresorbable polymers in the U.K. is expected to reach a valuation of US$ 245.5 Mn by 2032. The market in the country is likely to gross an absolute dollar opportunity of US$ 186.4 Mn, growing at a CAGR of 15.3% during 2022 – 2032.
Japan Bioresorbable Polymers Market
Bioresorbable polymers market in Japan is expected to garner an absolute dollar opportunity of US$ 218 Mn during 2022 – 2032. Growing at a CAGR of 15.9% during 2022 – 2032, the market is expected to reach US$ 283 Mn by 2032.
South Korea Bioresorbable Polymers Market
Bioresorbable polymers market in South Korea is expected to reach a market size of US$ 225.4 Mn by 2032. The market is projected to garner an absolute dollar opportunity of US$ 184.6 Mn during the forecast period, registering a CAGR of 19%.
Category-wise Insights
Why Biopolyesters is projected to Witness Fastest Growth among Bioresorbable Polymers Product Type?
Market revenue through Biopolyesters is forecasted to grow at a CAGR of over 16.5% during 2022-32. The value of the biopolyesters market increased at a CAGR of around 12.5% during 2017 –2021. There are several advantages of bioployesters that are helping the growth of the Bioresorbable Polymers Market.
Biopolyesters, which can be converted into films or molded into things, are mostly biodegradable and biocompatible and they have high strength, are produced from renewable sources to produce articles for use in industrial packaging or bioabsorbable medical devices. Biopolyesters are utilized in the surgical field for bone anastomosis implants. Biopolyesters owe its popularity to their good biocompatibility and ease of implant formation.
Competitive Analysis
Evonik Industries AG, Poly-Med, Inc., KLS Martin Group, Foster Corporation, Ashland Global Holdings Inc., DSM Biomedical, Inc, Zeus Industrial Products, Inc, REVA Medical, LLC., Poly-Med Incorporated, Bezwada Biomedical, and Nomisma Healthcare Pvt. Ltd.
Some of the recent developments of key Bioresorbable Polymers providers are as follows:
- In March 2021, Ashland Global Holdings Inc. expanded the production plant for its Viatel bioresorbable polymer and relocated its research and development (R&D) activities from Dublin to Mullingar's National Science Park.
- In September 2020, Corbion and Total announced plans to develop a new polylactic acid bioplastics plant in Europe. The plant, which will be Europe’s first global-scale Polylactic acid production facility, is estimated to have a capacity of 100 thousand tonnes per year. The new factory is scheduled to open in 2024 and will be located in France. This additional polylactic acid investment will hasten plans to increase lactic acid production and meet the increasing demand for polymers.
Similarly, recent developments related to companies in Bioresorbable Polymers Market have been tracked by the team at Fact.MR, which are available in the full report.
Market Segmentation
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By Product Type :
- Biopolyesters
- Agro-polymers
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By Application :
- Orthopedics
- Drug Delivery
- Other Applications
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By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Product Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Product Type, 2022-2032 5.3.1. Biopolyesters 5.3.2. Agro-polymers 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032 6.3.1. Orthopedics 6.3.2. Drug Delivery 6.3.3. Other Applications 6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021 6.5. Absolute $ Opportunity Analysis By Application, 2022-2032 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021 7.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. East Asia 7.3.5. South Asia 7.3.6. Oceania 7.3.7. MEA 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 8.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 8.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 8.2.1. By Country 8.2.1.1. U.S. 8.2.1.2. Canada 8.2.2. By Product Type 8.2.3. By Application 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Product Type 8.3.3. By Application 8.4. Key Takeaways 9. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Argentina 9.2.1.4. Rest of Latin America 9.2.2. By Product Type 9.2.3. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Product Type 9.3.3. By Application 9.4. Key Takeaways 10. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. Italy 10.2.1.3. France 10.2.1.4. U.K. 10.2.1.5. Spain 10.2.1.6. Russia 10.2.1.7. BENELUX 10.2.1.8. Rest of Europe 10.2.2. By Product Type 10.2.3. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Application 10.4. Key Takeaways 11. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. China 11.2.1.2. Japan 11.2.1.3. South Korea 11.2.2. By Product Type 11.2.3. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Application 11.4. Key Takeaways 12. South Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Thailand 12.2.1.3. Malaysia 12.2.1.4. Indonesia 12.2.1.5. Rest of South Asia 12.2.2. By Product Type 12.2.3. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Application 12.4. Key Takeaways 13. Oceania Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. Australia 13.2.1.2. New Zealand 13.2.2. By Product Type 13.2.3. By Application 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Application 13.4. Key Takeaways 14. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country 14.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 14.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. GCC 14.2.1.2. Rest of MEA 14.2.2. By Product Type 14.2.3. By Application 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product Type 14.3.3. By Application 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. U.S. 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2021 15.1.2.1. By Product Type 15.1.2.2. By Application 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2021 15.2.2.1. By Product Type 15.2.2.2. By Application 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2021 15.3.2.1. By Product Type 15.3.2.2. By Application 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2021 15.4.2.1. By Product Type 15.4.2.2. By Application 15.5. Argentina 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2021 15.5.2.1. By Product Type 15.5.2.2. By Application 15.6. Germany 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2021 15.6.2.1. By Product Type 15.6.2.2. By Application 15.7. Italy 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2021 15.7.2.1. By Product Type 15.7.2.2. By Application 15.8. France 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2021 15.8.2.1. By Product Type 15.8.2.2. By Application 15.9. U.K. 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2021 15.9.2.1. By Product Type 15.9.2.2. By Application 15.10. Spain 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2021 15.10.2.1. By Product Type 15.10.2.2. By Application 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2021 15.11.2.1. By Product Type 15.11.2.2. By Application 15.12. BENELUX 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2021 15.12.2.1. By Product Type 15.12.2.2. By Application 15.13. China 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2021 15.13.2.1. By Product Type 15.13.2.2. By Application 15.14. Japan 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2021 15.14.2.1. By Product Type 15.14.2.2. By Application 15.15. South Korea 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2021 15.15.2.1. By Product Type 15.15.2.2. By Application 15.16. India 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2021 15.16.2.1. By Product Type 15.16.2.2. By Application 15.17. Thailand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2021 15.17.2.1. By Product Type 15.17.2.2. By Application 15.18. Malaysia 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2021 15.18.2.1. By Product Type 15.18.2.2. By Application 15.19. Indonesia 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2021 15.19.2.1. By Product Type 15.19.2.2. By Application 15.20. Australia 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2021 15.20.2.1. By Product Type 15.20.2.2. By Application 15.21. New Zealand 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2021 15.21.2.1. By Product Type 15.21.2.2. By Application 15.22. GCC Countries 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2021 15.22.2.1. By Product Type 15.22.2.2. By Application 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Product Type 16.3.3. By Application 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Corbion N V 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Evonik Industries AG 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Poly-Med, Inc. 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. KLS Martin Group 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. Foster Corporation 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. Ashland Global Holdings Inc. 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. DSM Biomedical, Inc 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. Zeus Industrial Products, Inc 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. REVA Medical, LLC. 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Poly-Med Incorporated 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 17.1.11. Bezwada Biomedical 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 17.1.11.5.2. Product Strategy 17.1.11.5.3. Channel Strategy 17.1.12. Nomisma Healthcare Pvt. Ltd. 17.1.12.1. Overview 17.1.12.2. Product Portfolio 17.1.12.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 17.1.12.4. Sales Footprint 17.1.12.5. Strategy Overview 17.1.12.5.1. Marketing Strategy 17.1.12.5.2. Product Strategy 17.1.12.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 02: Global Market Volume (Tons) Forecast by Region, 2017-2032
Table 03: Global Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 04: Global Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 05: Global Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 06: Global Market Volume (Tons) Forecast by Application, 2017-2032
Table 07: North America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 08: North America Market Volume (Tons) Forecast by Country, 2017-2032
Table 09: North America Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 10: North America Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 11: North America Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 12: North America Market Volume (Tons) Forecast by Application, 2017-2032
Table 13: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2017-2032
Table 15: Latin America Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 16: Latin America Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 17: Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 18: Latin America Market Volume (Tons) Forecast by Application, 2017-2032
Table 19: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 20: Europe Market Volume (Tons) Forecast by Country, 2017-2032
Table 21: Europe Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 22: Europe Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 23: Europe Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 24: Europe Market Volume (Tons) Forecast by Application, 2017-2032
Table 25: East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: East Asia Market Volume (Tons) Forecast by Country, 2017-2032
Table 27: East Asia Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 28: East Asia Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 29: East Asia Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 30: East Asia Market Volume (Tons) Forecast by Application, 2017-2032
Table 31: South Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 32: South Asia Market Volume (Tons) Forecast by Country, 2017-2032
Table 33: South Asia Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 34: South Asia Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 35: South Asia Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 36: South Asia Market Volume (Tons) Forecast by Application, 2017-2032
Table 37: Oceania Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 38: Oceania Market Volume (Tons) Forecast by Country, 2017-2032
Table 39: Oceania Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 40: Oceania Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 41: Oceania Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 42: Oceania Market Volume (Tons) Forecast by Application, 2017-2032
Table 43: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 44: MEA Market Volume (Tons) Forecast by Country, 2017-2032
Table 45: MEA Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 46: MEA Market Volume (Tons) Forecast by Product Type, 2017-2032
Table 47: MEA Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 48: MEA Market Volume (Tons) Forecast by Application, 2017-2032
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List Of Figures
Figure 01: Global Market Value (US$ Mn) by Product Type, 2022-2032
Figure 02: Global Market Value (US$ Mn) by Application, 2022-2032
Figure 03: Global Market Value (US$ Mn) by Region, 2022-2032
Figure 04: Global Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 05: Global Market Volume (Tons) Analysis by Region, 2017-2032
Figure 06: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 07: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 08: Global Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 09: Global Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 12: Global Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 13: Global Market Volume (Tons) Analysis by Application, 2017-2032
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 16: Global Market Attractiveness by Product Type, 2022-2032
Figure 17: Global Market Attractiveness by Application, 2022-2032
Figure 18: Global Market Attractiveness by Region, 2022-2032
Figure 19: North America Market Value (US$ Mn) by Product Type, 2022-2032
Figure 20: North America Market Value (US$ Mn) by Application, 2022-2032
Figure 21: North America Market Value (US$ Mn) by Country, 2022-2032
Figure 22: North America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 23: North America Market Volume (Tons) Analysis by Country, 2017-2032
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 26: North America Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 27: North America Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 30: North America Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 31: North America Market Volume (Tons) Analysis by Application, 2017-2032
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 34: North America Market Attractiveness by Product Type, 2022-2032
Figure 35: North America Market Attractiveness by Application, 2022-2032
Figure 36: North America Market Attractiveness by Country, 2022-2032
Figure 37: Latin America Market Value (US$ Mn) by Product Type, 2022-2032
Figure 38: Latin America Market Value (US$ Mn) by Application, 2022-2032
Figure 39: Latin America Market Value (US$ Mn) by Country, 2022-2032
Figure 40: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2017-2032
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 44: Latin America Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 45: Latin America Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 48: Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 49: Latin America Market Volume (Tons) Analysis by Application, 2017-2032
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 52: Latin America Market Attractiveness by Product Type, 2022-2032
Figure 53: Latin America Market Attractiveness by Application, 2022-2032
Figure 54: Latin America Market Attractiveness by Country, 2022-2032
Figure 55: Europe Market Value (US$ Mn) by Product Type, 2022-2032
Figure 56: Europe Market Value (US$ Mn) by Application, 2022-2032
Figure 57: Europe Market Value (US$ Mn) by Country, 2022-2032
Figure 58: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 59: Europe Market Volume (Tons) Analysis by Country, 2017-2032
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 62: Europe Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 63: Europe Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 64: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 66: Europe Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 67: Europe Market Volume (Tons) Analysis by Application, 2017-2032
Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 70: Europe Market Attractiveness by Product Type, 2022-2032
Figure 71: Europe Market Attractiveness by Application, 2022-2032
Figure 72: Europe Market Attractiveness by Country, 2022-2032
Figure 73: East Asia Market Value (US$ Mn) by Product Type, 2022-2032
Figure 74: East Asia Market Value (US$ Mn) by Application, 2022-2032
Figure 75: East Asia Market Value (US$ Mn) by Country, 2022-2032
Figure 76: East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 77: East Asia Market Volume (Tons) Analysis by Country, 2017-2032
Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 80: East Asia Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 81: East Asia Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 82: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 84: East Asia Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 85: East Asia Market Volume (Tons) Analysis by Application, 2017-2032
Figure 86: East Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 88: East Asia Market Attractiveness by Product Type, 2022-2032
Figure 89: East Asia Market Attractiveness by Application, 2022-2032
Figure 90: East Asia Market Attractiveness by Country, 2022-2032
Figure 91: South Asia Market Value (US$ Mn) by Product Type, 2022-2032
Figure 92: South Asia Market Value (US$ Mn) by Application, 2022-2032
Figure 93: South Asia Market Value (US$ Mn) by Country, 2022-2032
Figure 94: South Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 95: South Asia Market Volume (Tons) Analysis by Country, 2017-2032
Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 98: South Asia Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 99: South Asia Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 100: South Asia Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 102: South Asia Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 103: South Asia Market Volume (Tons) Analysis by Application, 2017-2032
Figure 104: South Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 105: South Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 106: South Asia Market Attractiveness by Product Type, 2022-2032
Figure 107: South Asia Market Attractiveness by Application, 2022-2032
Figure 108: South Asia Market Attractiveness by Country, 2022-2032
Figure 109: Oceania Market Value (US$ Mn) by Product Type, 2022-2032
Figure 110: Oceania Market Value (US$ Mn) by Application, 2022-2032
Figure 111: Oceania Market Value (US$ Mn) by Country, 2022-2032
Figure 112: Oceania Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 113: Oceania Market Volume (Tons) Analysis by Country, 2017-2032
Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 116: Oceania Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 117: Oceania Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 118: Oceania Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 120: Oceania Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 121: Oceania Market Volume (Tons) Analysis by Application, 2017-2032
Figure 122: Oceania Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 123: Oceania Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 124: Oceania Market Attractiveness by Product Type, 2022-2032
Figure 125: Oceania Market Attractiveness by Application, 2022-2032
Figure 126: Oceania Market Attractiveness by Country, 2022-2032
Figure 127: MEA Market Value (US$ Mn) by Product Type, 2022-2032
Figure 128: MEA Market Value (US$ Mn) by Application, 2022-2032
Figure 129: MEA Market Value (US$ Mn) by Country, 2022-2032
Figure 130: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 131: MEA Market Volume (Tons) Analysis by Country, 2017-2032
Figure 132: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 133: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 134: MEA Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 135: MEA Market Volume (Tons) Analysis by Product Type, 2017-2032
Figure 136: MEA Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 137: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 138: MEA Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 139: MEA Market Volume (Tons) Analysis by Application, 2017-2032
Figure 140: MEA Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 141: MEA Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 142: MEA Market Attractiveness by Product Type, 2022-2032
Figure 143: MEA Market Attractiveness by Application, 2022-2032
Figure 144: MEA Market Attractiveness by Country, 2022-2032
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- FAQs -
How much is the current worth of the Bioresorbable Polymers Market?
The global Bioresorbable Polymers Market is worth more than US$ 1.5 Bn at present.
What is the sales forecast for Bioresorbable Polymers Market?
The value of Bioresorbable Polymers is projected to increase at a CAGR of around 15.8% during 2022 – 2032.
What was the last 5 year’s market CAGR?
The value of the Bioresorbable PolymersMarket increased at a CAGR of around 12.4% during 2017 – 2021.
What are the key Bioresorbable Polymers Market Trends?
The global demand for Bioresorbable Polymers is being fueled by a considerable increase in its utilization in electrospinning technology and surgeries.
At what percentage is sales of Bioresorbable Polymers Market going to register growth in U.S.?
The growth of the market for Bioresorbable Polymers in US is projected to expand at a CAGR of around 17.3% during 2022 – 2032.
At what percentage is sales of Bioresorbable Polymers Market going to register growth in China?
The growth of the market for Bioresorbable Polymers in China is projected to expand at a CAGR of around 16.7% during 2022 – 2032.
What do statistics for South Korea and Japan reveal?
While the market in South Korea is expected to grow at nearly 19.0%, the market in Japan is projected to register a CAGR of nearly 15.9% during 2022 - 2032.
Bioresorbable Polymers Market