The global bioresorbable polymer market is anticipated to reach USD 2.26 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand in the medical sector, owing to its hydrolytically degrading property in the body is projected to increase the global market growth.
The increasing health awareness, improving healthcare facilities worldwide and growing surgery procedures across the globe will have a positive impact on the bioresorbable polymers industry growth in the overcoming years.
The increasing product demand for drug delivery application is another key factor for market development over the forecast period. The harmless decomposition and its chemically neutral nature in the body make them suitable for drug delivery segment.
The PLA-based product demand exceeded 89 tons in 2015, which is projected to remain as the largest and fastest growing segment over the upcoming years. The PLA market is growing dramatically in the pharmaceutical sector owing to its distinctive feature of being biodegradable and biocompatible.
Access Full Research Report on Bioresorbable Polymer Market http://www.grandviewresearch.com/industry-analysis/bioresorbable-polymers-market
Further Key Findings from the Study Suggest:
Read Our Blog On Bioresorbable Polymer Market: http://www.grandviewresearch.com/blog/bioresorbable-polymer-market-size-share-trends
Grand View Research has segmented the bioresorbable polymer market on the basis of product, application and region:
Bioresorbable Polymers Product Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
Bioresorbable Polymers Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
Bioresorbable Polymers Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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