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,.
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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
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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.
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