Global Biodegradable Medical Plastics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Biodegradable Sutures, Biodegradable Stents, Biodegradable Screws and Plates, Biodegradable Films and Membranes, and Biodegradable Catheters.

By Biodegradable Material;

Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polycaprolactone (PCL), Polyhydroxyalkanoates (PHAs), and Cellulose-based Materials.

By End User;

Hospitals, Clinics, Ambulatory Surgical Centers, Academic and Research Institute.

By Application;

Medical Devices, Medical Packaging, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn681243898 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Biodegradable Medical Plastics Market (USD Million), 2021 - 2031

In the year 2024, the Global Biodegradable Medical Plastics Market was valued at USD 5,346.56 million. The size of this market is expected to increase to USD 11,745.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.9%.

The global biodegradable medical plastics market is experiencing significant growth, driven by increasing environmental concerns and the urgent need to reduce plastic waste in the medical industry. Traditional plastics, widely used in medical applications, pose significant environmental challenges due to their non-biodegradable nature and the difficulties associated with their disposal. In response to these challenges, biodegradable medical plastics have emerged as a sustainable alternative, offering the same functionality as conventional plastics while being environmentally friendly. This shift towards sustainable materials is not only supported by regulatory frameworks but also by a growing awareness among healthcare providers and consumers about the importance of reducing the ecological footprint of medical waste.

Technological advancements in polymer science have played a crucial role in the development of biodegradable medical plastics. Innovations in this field have led to the creation of high-performance materials that can be safely used in a variety of medical applications, including drug delivery systems, surgical instruments, and medical packaging. These advancements have not only enhanced the properties of biodegradable plastics but have also expanded their potential applications, making them a viable option for many medical products that require stringent safety and performance standards.

However, the market for biodegradable medical plastics faces several challenges that need to be addressed to ensure its continued growth. One of the primary challenges is the higher cost of biodegradable plastics compared to traditional plastics, which can be a deterrent for their widespread adoption. Additionally, there are performance limitations in certain applications where biodegradable plastics may not yet match the durability or reliability of conventional materials. Overcoming these challenges will require ongoing research and development, as well as efforts to educate manufacturers and consumers about the benefits and potential of biodegradable medical plastics.

Despite these challenges, the market for biodegradable medical plastics presents significant opportunities. As healthcare infrastructure continues to expand, particularly in emerging markets, the demand for sustainable medical materials is expected to rise. Government initiatives and subsidies aimed at promoting sustainable practices can further accelerate market growth. Moreover, the emphasis on circular economy practices, where materials are designed for reuse and recycling, aligns well with the characteristics of biodegradable plastics, offering a promising pathway for their increased adoption in the medical industry. As such, the global biodegradable medical plastics market is poised for substantial growth, driven by a combination of technological innovation, regulatory support, and a growing commitment to sustainability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Region
  4. Global Biodegradable Medical Plastics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Healthcare Expenditure
        2. Consumer Preference for Sustainable Products
        3. Reduction in Carbon Footprint
      2. Restraints
        1. Challenges in Manufacturing and Processing
        2. Lack of Awareness and Education
        3. Regulatory and Standardization Issues
      3. Opportunities
        1. Partnerships and Collaborations
        2. Government Initiatives and Subsidies
        3. Circular Economy Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Biodegradable Medical Plastics Market, By Product Type, 2021- 2031(USD Million)
      1. Biodegradable Sutures
      2. Biodegradable Stents
      3. Biodegradable Screws
      4. Plates
      5. Biodegradable Films
      6. Membranes
      7. Biodegradable Catheters
    2. Global Biodegradable Medical Plastics Market, By Biodegradable Material, 2021- 2031(USD Million)
      1. Polylactic Acid (PLA)
      2. Polyglycolic Acid (PGA)
      3. Polycaprolactone (PCL)
      4. Polyhydroxyalkanoates (PHAs)
      5. Cellulose-based Materials
    3. Global Biodegradable Medical Plastics Market, By End User, 2021- 2031(USD Million)
      1. Hospitals
      2. Clinics
      3. Ambulatory Surgical Centers
      4. Academic and Research Institute
    4. Global Biodegradable Medical Plastics Market, By Application, 2021- 2031(USD Million)
      1. Medical devices
      2. Medical packaging
      3. Others
    5. Global Biodegradable Medical Plastics Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Arkema Group
      2. BASF SE
      3. Corbion NV
      4. Evonik Industries AG
      5. Koninklijke DSM NV
  7. Analyst Views
  8. Future Outlook of the Market