Lucintel anticipates that North America will be the fastest growing region in the bioresorbable polymer market

   September 26, 2019
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 or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

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