Global Bioresorbable Medical Material Market Trends & Forecasts: What’s Driving Growth Through 2034?

What are the latest figures on the bioresorbable medical material  market’s size and projected CAGR?

The bioresorbable medical material market size has grown rapidly in recent years. It will grow from $1.56 billion in 2024 to $1.72 billion in 2025 at a compound annual growth rate (CAGR) of 10.1%.  The growth in the historic period can be attributed to traditional non-resorbable materials limitations, advancements in polymer science, surge in cardiovascular interventions, growing aging population, expansion of minimally invasive surgeries

The bioresorbable medical material market size is expected to see rapid growth in the next few years. It will grow to $2.52 billion in 2029 at a compound annual growth rate (CAGR) of 10.0%.  The growth in the forecast period can be attributed to increasing demand for bioresorbable scaffolds, adoption of bioresorbable materials in various medical applications, rise in cardiovascular and orthopedic procedures, growing focus on patient comfort and recovery, expanding applications in tissue engineering. Major trends in the forecast period include customization of bioresorbable materials for specific medical applications, integration of bioresorbable materials in drug delivery systems, growth of 3d printing in bioresorbable medical device manufacturing, development of combination products with bioresorbable elements, emphasis on sustainable and environmentally friendly medical materials,.

Get Your Free Sample of The Global Bioresorbable Medical Material  Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12219&type=smp

Which Market drivers have played a significant role in driving the bioresorbable medical material  market?
The increasing number of surgeries is expected to propel the growth of the bioresorbable medical material market going forward. Surgical procedures refer to medical treatment that involves making an incision and using tools to stop or repair disease in a living body. Bioresorbable polymers are used in molded medical equipment, particularly those used in neurology, orthopedics, and cosmetic surgery. Bioresorbable materials can be used to make sutures, anchors, and screws. For instance, in June 2024, according to the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based organization, aesthetic procedures reached nearly 35 million in 2023, with the total number of surgical and non-surgical procedures rising by 3.4% to 34.9 million. Therefore, the increasing number of surgeries is driving the growth of the bioresorbable medical material market.

What are the key segments within the bioresorbable medical material  market?
The bioresorbable medical material market covered in this report is segmented –
1) By Type: Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polysaccharides, Polycaprolactone (PCL), Poly Lactic-Co-Glycolic Acid (PLGA)
2) By Application: Drug Delivery, Orthopedics, Other Applications
3) By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Research Institutes, Other End-Users

Subsegments:
1) By Polylactic Acid (PLA): Low Molecular Weight PLA, High Molecular Weight PLA, PLA Blends
2) By Polyglycolic Acid (PGA): Homopolymer PGA, Copolymer PGA
3) By Polysaccharides: Chitosan, Alginate, Hyaluronic Acid Derivatives
4) By Polycaprolactone (PCL): Standard PCL, PCL Copolymers
5) By Poly Lactic-Co-Glycolic Acid (PLGA): 50:50 PLGA, 75:25 PLGA, Other PLGA Ratios

Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/bioresorbable-medical-material-global-market-report

Which key players are shaping the bioresorbable medical material  market?
Major companies operating in the bioresorbable medical material market include  Johnson & Johnson, Abbott Laboratories, Medtronic PLC, Kureha Corporation, Evonik Industries AG, Stryker Corporation, Toray Industries Inc., Mitsui Chemicals Inc., Arkema S.A., Royal DSM N.V., Zimmer Biomet Holdings Inc., Ashland Global Holdings Inc., Corbion N.V., Zeus Industrial Products Inc., Unitika Ltd., Danimer Scientific, Synbra Technology, KLS Martin Group, Durect Corporation, Putnam Plastics Corporation, Zhejiang Haizheng Biomaterials Co. Ltd., NatureWorks LLC, Foster Corporation, Poly-Med Inc., Futerro S.A., TotalEnergies Corbion B.V.

Which transformative trends will shape the bioresorbable medical material  market landscape?
The introduction of novel biomaterials is a key trend gaining popularity in the bioresorbable medical material market. Major companies operating in the bioresorbable medical material market are focused on developing novel biomaterials for 3D printing applications to sustain their position in the market. For instance, in September 2023, Zeus, a South Carolina-based company that specializes in advanced polymer solutions for various industries, including medical, aerospace, energy, automotive, and fiber optics, launched next-generation tubing for bioresorbable vascular scaffolds, named AbsorvTM XSE, to enhance the capabilities of medical devices, particularly in the realm of vascular treatments. AbsorvTM XSE as a significant advancement in the development of bioresorbable medical devices, potentially improving patient outcomes and expanding treatment options. This innovative product offers extensive customization with a range of polymer options and expanded sizes, enabling tailored mechanical and absorption properties. It ensures improved wall thickness uniformity for consistent production and delivers around 25% more usable scaffolds post-laser cutting than earlier versions.

How do regional factors impact the bioresorbable medical material  market, and which region is the largest contributor?

North America was the largest region in the bioresorbable medical material market in 2024. Asia-Pacific is expected to be the fastest-growing region in the bioresorbable medical material market report during the forecast period. The regions covered in the bioresorbable medical material market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Does The Bioresorbable Medical Material  Market Report 2025 Offer?

The bioresorbable medical material  market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

Bioresorbable medical materials refer to materials that are designed to be absorbed or broken down by the body over time. These materials are used in various medical applications, such as surgical implants and tissue engineering scaffolds, that offer several advantages over permanent implants and eliminate the need for surgical removal once the desired function is achieved.

Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12219

About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.

Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

 

Comments

Popular posts from this blog

Cloud Services Market Evolution 2025-2034: Industry Growth Projections & Market Size Insights

Emerging Template Market Growth Trends: How Fertility Services is Reshaping Market Size & Industry Expansion

Digital Payments Market Evolution 2025-2034: Industry Growth Projections & Market Size Insights