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Bioresorbable Polymers Market Overview with Current Trends Analysis -2025

The growing demand in the medical sector, owing to its hydrolytically degrading property in the body is projected to increase the global market growth. The Global Bioresorbable Polymer Market is anticipated to reach USD 2.26 billion by 2025, according to a new report by Grand View Research, Inc.


The increasing health awareness, improving healthcare facilities worldwide and growing surgery procedures across the globe will have a positive impact on the bioresorbable polymers industry growth in the overcoming years.

The increasing product demand for drug delivery application is another key factor for market development over the forecast period. The harmless decomposition and its chemically neutral nature in the body make them suitable for drug delivery segment.

The PLA-based product demand exceeded 89 tons in 2015, which is projected to remain as the largest and fastest growing segment over the upcoming years. The PLA market is growing dramatically in the pharmaceutical sector owing to its distinctive feature of being biodegradable and biocompatible.

To Know More About Bioresorbable Polymers Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/bioresorbable-polymers-market 

The Global Bioresorbable Polymer Market in drug delivery application is estimated to have the highest growth at a CAGR of over 14% from 2016 to 2025. The U.S. polyglycolic acid product market generated revenue worth of USD 31.5 million in 2015 and is expected to reach a total revenue of over USD 110 million by 2025.

Top Players of Bioresorbable Polymers Market:

Influential companies operating in this market include Carbion NV, Evonik Industries AG, Poly-Med, Inc., Foster Corporation and KLS Martin Group.

Market Segmentation of Bioresorbable Polymers Market:

The Global Bioresorbable Polymer Market segmented on the basis of Product, Application and Region.

By Product:

Polysaccharides
Proteins
Polylactic acid
Polyglycolic acid
Polycaprolactone

By Application:

Drug Delivery
Orthopedics

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Central & South America

Inquire about Bioresorbable Polymers Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3544/ibb 
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