The bioresorbable medical material was valued at US$ 935.99 million in 2019 and is expected to grow at a CAGR of 9.7% from 2020 to 2027 to reach US$ 1,942.13 million by 2027.
Driving factors of the bioresorbable medical material market are rising adoption of bioresorbable polymers for medical use and increasing number of orthopedic surgeries. However, factor such as challenges associated with the use of bioresorbable materials for medical use is likely to have negative impact on the growth of the market in the coming years.
The rise in aging population is consequently leading to an increase in the total number of orthopedic procedures performed worldwide. In addition, significant advancements in the field of orthopedic science have also helped in conducting better and efficient surgical procedures leading to their increasing adoption. The use of biodegradable polymers to produce bioresorbable implants have also witnessed a rise in their adoption. According to a report by Becker’s Hospital, the total number of orthopedic surgeries performed in the US is expected to reach 6.6 million in 2020 as compared with 5.3 performed in 2010. Moreover, according to the American Society of Orthopedic Surgeons (AAOS), a full-time practicing orthopedic surgeon performs ~32 surgeries each month, which averages to more than one surgery performed per day. Therefore, increasing orthopedic surgeries coupled with benefits of bioresorbable medical material to treat the musculoskeletal diseases and orthopedic injuries are likely to boost the demand for bioresorbable medical material during the forecast period.
The global creatinine measurement is segmented by product type and application. The creatinine measurement market, by product, is segmented into Polylactide (PLA), Poly-L-lactide (PLLA), Poly-DL-lactide (PDLLA), Polyglycolide (PGA), Copolymers of PLA and PGA (PGLA). The Polylactide (PLA) segment held the largest share of the market in 2019. The segment is also anticipated to register the highest CAGR in the market during the forecast period. Based on application, the bioresorbable medical material market is segmented into drug delivery, medical devices, orthopedics, and others. The drug delivery segment held the largest share of the market in 2019 and is expected to register the fastest growth.
Some of the essential primary and secondary sources included in the report are Food and Drug Administration, World Health Organization (WHO), Organisation for Economic Co-operation and Development, and National Cancer Foundation.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Bioresorbable Medical Material Market – By Product
1.3.2 Global Bioresorbable Medical Material Market – By Application
1.3.3 Global Bioresorbable Medical Material Market – By Geography
2. Bioresorbable Medical Material Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Bioresorbable Medical Material – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South and Central America
4.3 Expert Opinion
5. Bioresorbable Medical Material – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing number of orthopedic surgeries
5.1.2 Growing geriatric population
5.1.3 Rising adoption of bioresorbable polymers for medical use
5.2 Market Restraints
5.2.1 Challenges associated with the use of bioresorbable materials for medical use
5.2.2 Bassinet on the global business due to Coronavirus pandemic
5.3 Market Opportunities
5.3.1 Development of bioresorbable drug delivery systems during coronavirus outbreak
5.3.2 Diversification in medical applications of bioresorbable materials by start-ups and established players
5.4 Future Trends
5.4.1 Consistent launch of new products
5.5 Impact Analysis
6. Bioresorbable Medical Material Market – Global Analysis
6.1 Global Bioresorbable Medical Material Market Revenue Forecast and Analysis
6.2 Global Bioresorbable Medical Material Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Bioresorbable Medical Material Market Analysis – By Product Type
7.1 Overview
7.2 Bioresorbable Medical Material Market Revenue Share, by Product Type (2019 and 2027)
7.3 Polylactide (PLA)
7.3.1 Overview
7.3.2 Polylactide (PLA): Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Poly-L-lactide (PLLA)
7.4.1 Overview
7.4.2 Poly-L-lactide (PLLA): Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Poly-DL-lactide (PDLLA)
7.5.1 Overview
7.5.2 Poly-DL-lactide (PDLLA): Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Polyglycolide (PGA)
7.6.1 Overview
7.6.2 Polyglycolide (PGA): Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
7.7 Polycaprolactone (PCL)
7.7.1 Overview
7.7.2 Polycaprolactone (PCL): Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
8. Bioresorbable Medical Material Market – By Application
8.1 Overview
8.2 Bioresorbable Medical Material Market, by Application, 2019 and 2027 (%)
8.3 Drug Delivery
8.3.1 Overview
8.3.2 Drug Delivery: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Medical Devices
8.4.1 Overview
8.4.2 Medical Devices: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Orthopedics
8.5.1 Overview
8.5.2 Orthopedics: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
9. Bioresorbable Medical Material Market – Geographic Analysis
9.1 North America: Bioresorbable Medical Material Market
9.1.1 Overview
9.1.2 North America: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.1.3 North America: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.1.4 North America: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.1.5 North America: Bioresorbable Medical Material Market, by Country, 2019 & 2027 (%)
9.1.6 US: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.1.6.1 US: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.1.6.2 US: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.1.6.3 US: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.1.7 Canada: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.1.7.1 Canada: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.1.7.2 Canada: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.1.7.3 Canada: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.1.8 Mexico: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.1.8.1 Mexico: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.1.8.2 Mexico: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.1.8.3 Mexico: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.2 Europe: Bioresorbable Medical Material Market
9.2.1 Overview
9.2.2 Europe: Bioresorbable Medical Material Market - Revenue and Forecast to 2027 (USD Million)
9.2.3 Europe: Bioresorbable Medical Material Market, by Product, 2018–2027 (USD Million)
9.2.4 Europe: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.2.5 Europe: Bioresorbable Medical Material Market, by Country, 2018 & 2027 (%)
9.2.6 Germany: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.6.1 Germany: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.6.2 Germany: Bioresorbable Medical Material Market, by Product, 2018–2027 (USD Million)
9.2.6.3 Germany: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.2.7 UK: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.7.1 UK: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.7.2 United Kingdom: Bioresorbable Medical Material Market, by Product, 2018–2027 (USD Million)
9.2.7.3 United Kingdom: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.2.8 France: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.8.1 France: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.8.2 France: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.2.8.3 France: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.2.9 Spain: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.9.1 Spain: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.9.2 Spain: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.2.9.3 Spain: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.2.10 Italy: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.10.1 Italy: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.2.10.2 Italy: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.2.10.3 Italy: Bioresorbable Medical Material Market, by Application,2018–2027 (USD Million)
9.3 Asia Pacific: Bioresorbable Medical Material Market
9.3.1 Overview
9.3.2 Asia Pacific: Bioresorbable Medical Material Market - Revenue and Forecast to 2027 (USD Million)
9.3.3 Asia Pacific: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.3.4 Asia Pacific: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.3.5 Asia Pacific: Bioresorbable Medical Material Market, by Country, 2018 & 2027 (%)
9.3.6 China: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.6.1 China: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.6.2 China: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.3.6.3 China: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.3.7 Japan: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.7.1 Japan: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.7.2 Japan: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.3.7.3 Japan: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.3.8 India: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.8.1 India: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.8.2 India: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.3.8.3 India: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.3.9 South Korea: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.9.1 South Korea: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.9.2 South Korea: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.3.9.3 South Korea: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.3.10 Australia: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.10.1 Australia: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.3.10.2 Australia: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.3.10.3 Australia: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.4 Middle East & Africa: Bioresorbable Medical Material Market
9.4.1 Overview
9.4.2 Middle East & Africa: Bioresorbable Medical Material Market - Revenue and Forecast to 2027 (USD Million)
9.4.3 Middle East and Africa: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.4.4 Middle East and Africa: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.4.5 Middle East & Africa: Bioresorbable Medical Material Market Share by Country – 2019 & 2027, (%)
9.4.6 Saudi Arabia: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.4.6.1 Saudi Arabia: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.4.6.2 Saudi Arabia: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.4.6.3 Saudi Arabia: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.4.7 UAE: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.4.7.1 UAE: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.4.7.2 UAE: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.4.7.3 UAE: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.4.8 South Africa: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (US$ Million)
9.4.8.1 South Africa: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.4.8.2 South Africa: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.4.8.3 South Africa: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.5 South and Central America: Bioresorbable Medical Material Market
9.5.1 Overview
9.5.2 South and Central America: Bioresorbable Medical Material Market - Revenue and Forecast to 2027 (US$ Million)
9.5.3 South and Central America: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.5.4 South and Central America: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.5.5 South and Central America: Bioresorbable Medical Material Market, by Country, 2018 & 2027 (%)
9.5.6 Brazil: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.5.6.1 Brazil: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.5.6.2 Brazil: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.5.6.3 Brazil: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
9.5.7 Argentina: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.5.7.1 Argentina: Bioresorbable Medical Material Market – Revenue and Forecast to 2027 (USD Million)
9.5.7.2 Argentina: Bioresorbable Medical Material Market, by Product Type, 2018–2027 (USD Million)
9.5.7.3 Argentina: Bioresorbable Medical Material Market, by Application, 2018–2027 (USD Million)
10. Bioresorbable Medical Material Market– Industry Landscape
10.1 Overview
10.1.1 Recent Developments by Players in Bioresorbable Medical Material Market
11. Bioresorbable Medical Material Market – Key Company Profiles
Summary: Get latest Market Research Reports on Bioresorbable Medical Material . Industry analysis & Market Report on Bioresorbable Medical Material is a syndicated market report, published as Bioresorbable Medical Material Market to 2027 - Global Analysis and Forecasts by Product Type (Polylactide (PLA), Poly-L-lactide (PLLA), Poly-DL-lactide (PDLLA), Polyglycolide (PGA), Polycaprolactone (PCL), and Others); Application (Drug Delivery, Medical Devices, Orthopedics, Others), and Geography. It is complete Research Study and Industry Analysis of Bioresorbable Medical Material market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.