According to a market report by Lucintel, the future of the bioresorbable polymer market looks promising with opportunities in orthopedics and drug delivery applications. The bioresorbable polymer market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth drivers for this market are growing demand from drug delivery and orthopedic applications and their biocompatible and biodegradable properties.
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In this market, agro-polymers, proteins, polysaccharides, biopolyesters, polyglycolic acid, polylactic aid, and polycaprolactone are the major material type. Biopolyester is the largest segment of the bioresorbable polymer market.
Within the bioresorbable polymer market, orthopedics and drug delivery are the major applications. Orthopedics is the largest application segment for bioresorbable polymers.
North America will remain the largest region over the forecast period due to rising demand from applications, such as drug delivery and orthopedics.
Corbion N.V, Evonik Industries AG, Foster Corporation, KLS Martin, and Poly-Med Inc. are among the major manufacturers of bioresorbable polymers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the bioresorbable polymer market by application, material type, and region. Lucintel has prepared a comprehensive research report entitled "Bioresorbable Polymer Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the bioresorbable polymer market by application, material type, and region as follows:
By Material Type [$M shipment analysis for 2013 – 2024]:
Agro-polymers
Proteins
Polysaccharides
Biopolyesters
Polyglycolic Acid
Polylactic Acid
Polycaprolactone
By Application [$M shipment analysis for 2013 – 2024]:
Orthopedics
Drug Delivery
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Germany
Spain
France
United Kingdom
Russia
Asia Pacific
China
Japan
India
South Korea
Thailand
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/bioresorbable-polymer-market.aspx or helpdesk@lucintel.com.
About Lucintel
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