Global Resorbable Polymers Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polycaprolactone (PCL), and PGA/PLA Copolymers.

By Application;

Drug Delivery(Oral, and Parenteral), Orthopedics(Trauma, Spin, Sports Medicine, Combined Magnetic Field (CMF), Knee, Hip, and Others).

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn428312602 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Resorbable Polymers Market (USD Million), 2021 - 2031

In the year 2024, the Global Resorbable Polymers Market was valued at USD 2,716.21 million. The size of this market is expected to increase to USD 4,506.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.5%.

The Global Resorbable Polymers Market is experiencing significant growth due to increasing demand from the medical and pharmaceutical industries. These polymers, which can be broken down and absorbed by the body, are primarily used in medical applications such as sutures, drug delivery systems, and orthopedic devices. The rising prevalence of chronic diseases, coupled with an aging population, is driving the need for advanced medical treatments and devices that can offer better patient outcomes. Innovations in polymer technology and the development of new materials that provide improved biocompatibility and controlled degradation rates are also contributing to the market's expansion. The growing trend towards minimally invasive surgeries is boosting the demand for resorbable polymers, as they reduce the need for secondary surgeries to remove implants, thereby enhancing patient comfort and reducing healthcare costs.

North America holds a significant share, driven by well-established healthcare infrastructure, high healthcare spending, and strong R&D activities. Europe follows closely, with increasing investments in healthcare and a rising focus on innovative medical solutions. The Asia-Pacific region is expected to register the highest growth rate due to the rapidly expanding healthcare sector, increasing awareness about advanced medical treatments, and supportive government initiatives. Collaborations between key market players and research institutions are fostering the development of new applications and products in the resorbable polymers market. As the industry continues to advance, the market is poised for sustained growth, driven by technological advancements and an increasing focus on patient-centric medical solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Resorbable Polymers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing surgical procedures.
        2. Growing demand for biocompatible materials
        3. Advancements in medical technology
        4. Rising chronic disease prevalence
      2. Restraints
        1. Stringent regulatory approvals
        2. Limited product availability
        3. Complex manufacturing processes
      3. Opportunities
        1. Expansion into dental applications
        2. Customization and personalization trends
        3. Increasing use in tissue engineering
        4. Growth in wound care applications
    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 Resorbable Polymers Market, By Material, 2021 - 2031 (USD Million)
      1. Polylactic Acid (PLA)
      2. Polyglycolic Acid (PGA)
      3. Polycaprolactone (PCL)
      4. PGA/PLA Copolymers
    2. Global Resorbable Polymers Market, By Application, 2021 - 2031 (USD Million)
      1. Drug Delivery
        1. Oral
        2. Parenteral
      2. Orthopedics
        1. Trauma
        2. Spine
        3. Sports Medicine
        4. Combined Magnetic Field (CMF)
        5. Knee
        6. Hip
        7. Others
    3. Global Resorbable Polymers 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 (Association of South East Asian Countries)
        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 Analysis
    1. Company Profiles
      1. Ashland
      2. CORBION
      3. Evonik Industries AG
      4. Foster Corporation
      5. KLS Martin Group
  7. Analyst Views
  8. Future Outlook of the Market