MARKET INTRODUCTION

Bioresorbable polymers are also known as biodegradble polymers. These are frequently used in implant, drug delivery and other applications. These offer various benefits in medical applications and can be adjusted to degrade at a specified rate, useful for temporary support.

MARKET DYNAMICS

The medical sector is experiencing a rapid transformation in implantable devices. Increasing adoption of bioabsorbable technology to offer improved patient care is driving the growth of the market. Bioresorbable polymers are frequently being used in medical devices, due to their structural strength for load-bearing products such as sutures, stents, screws and plates. Bioresorbable osteosynthesis materials are increasingly being used for different types of oral and maxillofacial surgeries. Some of the products being used for maxillofacial surgeries are GrandFix, SonicWeld-Rx, LactoSorb, RapidSorb, and Fixorb-MX. Increasing use of bioresorbable material in cardiovascular and orthopedic applications, is driving the growth of the market.

MARKET SCOPE

The "Global Bioresorbable Medical Material Market Analysis to 2027" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of bioresorbable medical material market with detailed market segmentation by type, application and geography. The global bioresorbable medical material market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bioresorbable medical material market players and offers key trends and opportunities in the market.

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MARKET SEGMENTATION

The global bioresorbable medical material market is segmented on the basis of type and application. Based on type, the market is segmented as polylactide (PLA), poly-L-lactide (PLLA), poly-DL-lactide (PDLLA), polyglycolide (PGA) and copolymers of PLA and PGA (PGLA). Based on application, the market is segmented as drug delivery, medical devices, orthopedics and other.


REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global bioresorbable medical material market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The bioresorbable medical material market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting bioresorbable medical material market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the bioresorbable medical material market in these regions.


MARKET PLAYERS

The report covers key developments in the bioresorbable medical material market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from bioresorbable medical material market are anticipated to lucrative growth opportunities in the future with the rising demand for bioresorbable medical material market in the global market. Below mentioned is the list of few companies engaged in the bioresorbable medical material market.

The report also includes the profiles of key bioresorbable medical material market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Evonik
- Foster Corporation
- Poly-Med Incorporated
- Zeus Industrial Products, Inc.
- Ashland
- DURECT CORPORATION
- Groupe PCAS
- DSM
- Corbion
- Putnam Plastics