The global bioresorbable polymer market is projected to grow at a CAGR of 13% during 2019 to 2024. The growth of bioresorbable polymer market is driven by growing demand from drug delivery and orthopedic applications and their biocompatible and biodegradable properties.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the bioresorbable polymer market by material type (agro-polymers, proteins, polysaccharides, biopolyesters, polylactic acid, polyglycolic acid, and polycaprolactone), by application (orthopedics, drug delivery, and others), and region (North America, Europe, Asia-Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the bioresorbable polymer market?
Q.4 What are some
changing demands of customers in the bioresorbable polymer market?
Q.5 What are the new
developments in the bioresorbable polymer market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this bioresorbable polymer area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this bioresorbable polymer market?
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Market Segmentation:
Based on material type,
the bioresorbable polymer market is segmented into agro-polymers, proteins,
polysaccharides, biopolyesters, polylactic acid, polyglycolic acid, and
polycaprolactone. The biopolyester segment accounted for the largest share of
the market in 2020 and is expected to register the highest CAGR during the
forecast period.
North America will
remain the largest region over the forecast period due to rising demand from
applications, such as drug delivery and orthopedics.
Key Players in the
bioresorbable polymer market are Corbion N.V., Evonik Industries AG, Foster
Corporation, KLS Martin, and Poly-Med Inc.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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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 www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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