Latest industry research report on Bioresorbable Polymers Market. Bioresorbable polymers is a groundbreaking technological materials that can be broken down by the body and dont require mechanical removal, such as sutures or the chlorhexidine chip. Bioresorbable materials have applications in a wide range of medical indications, such as sutures, coronary & peripheral vascular scaffolds, tissue fixation screws, bone pins & anchors, drug delivery coatings as well as microspheres and surgical meshes & matrices.
The materials in this category include polymers, metals, ceramics, glasses and materials of biological origin such as natural collagen, which may allow for drug elution and delivery as well as performing a mechanical function.
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This market is currently in its developing stage as bioresorbable sutures have been available for over 40 years. Recent innovations have expanded the market to involve cardiovascular, orthopaedic and general surgery.
The global bioresorbable market is expected to register substantial growth in future, attributed to growing demand from major applications such as orthopedics and drug delivery. Other factors that drive the bioresorbable market are patient-friendliness, growing demand for drugs & medicines, increasing surgeries, and growing awareness among people. However, factors such as technological sophistication resulting in high cost are likely to restrain the growth of the market.
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Recently, in July, 2016, the U.S. FDA approved the use of an absorbable heart stent, made up of bioresorbable material called Absorb, which is already being sold in Europe and Asia. Bioresorbable materials have also find emerging applications, such as, in the field of percutaneous coronary intervention (PCI) or coronary angioplasty.
The report segments the bioresorbable market on the basis of type, application, and geography.
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