Bioresorbable Medical Material Market by Industry Growth, Size, Trends, Share, Opportunities 2020 to 2027


Posted March 29, 2023 by manishgurav

The global bioresorbable medical material market is expected to reach US$ 1,942.13 Mn in 2027 from US$ 935.99 Mn in 2019. The market is estimated to grow with a CAGR of 9.7% from 2020-2027.

 
“Bioresorbable Medical Material Market” study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

The Bioresorbable Medical Material market, by product type, is segmented into Polylactide (PLA), Poly-L-lactide (PLLA), Poly-DL-lactide (PDLLA), Polyglycolide (PGA), and Copolymers of PLA and PGA (PGLA). The polylactide(PLA) segment held the largest share of the market in 2019 however the poly-DL-lactide (PDLLA) segment isanticipated to register the highest CAGR of 11.1% in the market during the forecast period.Due to the excellent mechanical properties and biocompatibility, PLA is used in various medical fields such as drug delivery systems and medical implants. PLAis also widely used in tissue engineering, and it finds a wide spectrum of applications in the medical field.

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Companies Mentioned: Evonik., Foster Corporation, Poly-Med Corporation, Zeus Industrial Products, Inc., Ashland, Durect Corporation, Groupe PCAS, DSM, Corbion, Putnam Plastics.

Key Elements that the report acknowledges:

Market size and growth rate during forecast period.

Key factors driving the “Bioresorbable Medical Material market” market.

Key market trends cracking up the growth of the “Bioresorbable Medical Material market” market.

Challenges to market growth.

Key vendors of “Bioresorbable Medical Material market” market.

Detailed SWOT analysis.

Opportunities and threats faces by the existing vendors in Global “Bioresorbable Medical Material” market.

Trending factors influencing the market in the geographical regions.

Strategic initiatives focusing the leading vendors.

PEST analysis of the market in the five major regions.

About The Insight Partners:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
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Issued By manish
Country India
Categories Health
Tags bioresorbable medical material market , bioresorbable medical material market analysis , bioresorbable medical material market overview
Last Updated March 29, 2023