Bioresorbable polymers are a class of materials designed to be safely absorbed and eliminated by the body after fulfilling their purpose. These polymers are extensively utilized in medical applications such as sutures, stents, and drug delivery systems. The market for bioresorbable polymers is experiencing robust growth, driven by several factors and emerging trends. One of the primary growth drivers is the increasing demand for advanced medical devices and implants that reduce the need for secondary surgeries.

As the global population ages, there is a heightened prevalence of chronic diseases and an upsurge in surgical procedures, further fueling market expansion. Bioresorbable polymers offer significant benefits, including reduced risk of long-term complications and improved patient compliance, which are highly appealing in the healthcare industry.

Technological advancements and extensive R&D activities are propelling the market forward. Innovations in polymer chemistry and manufacturing processes are leading to the development of new and improved bioresorbable materials with enhanced properties. These innovations are opening up new opportunities in fields such as tissue engineering and regenerative medicine. Sustainability trends are also influencing the market, as bioresorbable polymers align with the growing demand for environmentally friendly medical solutions.

Regulatory support and favorable reimbursement policies in many regions are bolstering market growth. The bioresorbable polymers market is poised for significant expansion, driven by the increasing adoption of these materials in medical applications, continuous technological advancements, and the rising emphasis on sustainable and patient-friendly healthcare solutions.

In Terms of Revenue, the Global Bioresorbable Polymers Market was Worth US$ 1.7 Bn in 2023, Anticipated to Witness CAGR of 14.2% During 2024 – 2034.

Growth Drivers of Global Bioresorbable Polymers Market

• Growing Demand for Advanced Medical Devices: These materials are increasingly used in applications such as stents, sutures, and orthopedic implants, where their ability to degrade safely within the body eliminates the need for additional surgical procedures to remove them. This attribute not only enhances patient comfort but also reduces healthcare costs and recovery times. For instance, in August 2021, Evonik Industries AG acquired JeNaCell, a German biotech firm, to enhance its range of biomaterials in the healthcare sector. This acquisition will support the transformation of Evonik’s Nutrition & Care division towards offering system solutions and will broaden the division’s portfolio of natural products for the medical technology platform. The aging global population, coupled with the rising prevalence of chronic diseases, is escalating the number of surgical interventions. Consequently, healthcare providers and patients are increasingly favoring bioresorbable solutions that offer improved outcomes and reduced risks, thereby driving market growth.
• Technological Advancements and R&D: Continuous technological advancements and significant R&D investments are propelling the bioresorbable polymers market forward. Innovations in polymer science have led to the development of new materials with enhanced mechanical properties, better biocompatibility, and controlled degradation rates. These advancements are expanding the applications of bioresorbable polymers beyond traditional uses into areas such as tissue engineering, drug delivery systems, and regenerative medicine. Furthermore, collaborations between academic institutions, research organizations, and industry players are fostering the creation of cutting-edge solutions that address unmet medical needs. This dynamic R&D ecosystem is crucial in accelerating the adoption of bioresorbable polymers and unlocking new market opportunities.

Synthetic by origin category have emerged as a dominant segment in the global bioresorbable polymers market due to its superior control over material properties and consistent quality.

Synthetic bioresorbable polymers, such as polylactic acid (PLA), polyglycolic acid (PGA), and polycaprolactone (PCL), offer tailored degradation rates, mechanical strength, and biocompatibility, making them highly suitable for a wide range of medical applications. Their versatility allows for precise engineering to meet specific clinical requirements, which is critical in applications like sutures, orthopedic implants, and drug delivery systems. Additionally, the reproducibility and scalability of synthetic polymers facilitate large-scale manufacturing, ensuring a steady supply to meet the growing demand in the healthcare industry. The reliability and adaptability of synthetic bioresorbable polymers position them as a preferred choice, driving their dominance in the market.

In 2023, polyglycolic acid (PGA) segment solidified its position as the second-largest type category within the global bioresorbable polymers market.

PGA’s prominence is attributed to its exceptional biodegradability, high tensile strength, and proven biocompatibility, making it an ideal material for various medical applications. Its rapid degradation rate is particularly advantageous in surgical sutures, where quick absorption is required to minimize patient discomfort and eliminate the need for suture removal. Additionally, PGA’s utility extends to tissue engineering and regenerative medicine, where its properties support effective scaffold formation and tissue regeneration. The consistent demand for high-performance, bioresorbable materials in these advanced medical fields has propelled the growth of the PGA segment, underscoring its vital role and substantial market share in the evolving bioresorbable polymers industry.

Medical devices segment by application dominated the global Bioresorbable polymers market in 2023 with a CAGR of 6.8%. This segment’s dominance is driven by the increasing utilization of bioresorbable polymers in advanced medical devices, including sutures, stents, and orthopedic implants. These materials offer significant advantages, such as eliminating the need for secondary surgeries to remove implants, reducing patient recovery times, and minimizing long-term complications. The growing prevalence of chronic diseases and the aging population have escalated the demand for minimally invasive surgical procedures, further boosting the adoption of bioresorbable medical devices. Continuous technological advancements and R&D investments are enhancing the performance and application range of these polymers, cementing the medical devices segment’s leading position in the market.

In 2023, North America solidified its dominance in the global bioresorbable polymers market, contributing a revenue share of 33.3%. This leadership position is attributed to several factors, including the region’s advanced healthcare infrastructure, high adoption rates of innovative medical technologies, and significant investment in research and development. The presence of major market players and numerous biotech firms in the U.S. and Canada also fuels growth, enabling rapid advancements and commercialization of bioresorbable polymer-based products. Additionally, favorable regulatory frameworks and supportive reimbursement policies encourage the widespread use of these materials in medical applications. The increasing prevalence of chronic diseases and a growing aging population further drive demand for bioresorbable medical devices, ensuring North America’s continued dominance in this expanding market.

Competitive Landscape

Some of the players operating in the bioresorbable polymers market are

• 3D Biotek LLC.
• Abbott
• Braskem
• Cardia Bioplastics
• Corbion
• Danimer Scientific
• DSM
• Evonik Industries AG
• Foster Corporation
• Futerro
• Green Dot Bioplastics
• KLS Martin Group
• Poly-Med Incorporated
• Sunstar Suisse S.A.
• Other Industry Participants

Global Bioresorbable Polymers Market Scope

Global Bioresorbable Polymers Market

By Origin

• Natural
• Synthetic

By Type

• Polylactic Acid (PLA)
  • PDLLA (poly DL-lactic acid)
  • PLLA (poly (L-lactic acid)
  • PDLA (poly (D-lactic acid)
• Polyglycolic Acid (PGA)
• Polycaprolactone (PCL)
• Polylactic-co-Glycolic Acid (PLGA)
• Polyhydroxyalkanoates (PHA)
• Others

By Application

• Medical Devices
  • Sutures
  • Stents
  • Orthopedic devices
  • Tissue engineering scaffolds
  • Drug delivery systems
  • Others
• Packaging Industry
• Agriculture
  • Controlled-release fertilizers
  • Plant pots and trays
  • Others
• Cosmetic Industry
• Textile Industry
• Others

By Region

• North America (U.S., Canada, Mexico, Rest of North America)
• Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
• Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
• Latin America (Brazil, Argentina, Rest of Latin America)

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Table of Contents

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Note: This ToC is tentative and can be changed according to the research study conducted during the course of report completion.

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Global Bioresorbable Polymers Market

By Origin

• Natural
• Synthetic

By Type

• Polylactic Acid (PLA)
  • PDLLA (poly DL-lactic acid)
  • PLLA (poly (L-lactic acid)
  • PDLA (poly (D-lactic acid)
• Polyglycolic Acid (PGA)
• Polycaprolactone (PCL)
• Polylactic-co-Glycolic Acid (PLGA)
• Polyhydroxyalkanoates (PHA)
• Others

By Application

• Medical Devices
  • Sutures
  • Stents
  • Orthopedic devices
  • Tissue engineering scaffolds
  • Drug delivery systems
  • Others
• Packaging Industry
• Agriculture
  • Controlled-release fertilizers
  • Plant pots and trays
  • Others
• Cosmetic Industry
• Textile Industry
• Others

By Region

• North America (U.S., Canada, Mexico, Rest of North America)
• Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
• Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
• Latin America (Brazil, Argentina, Rest of Latin America)

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