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).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.
Global Resorbable Polymers Market Recent Developments
- In September 2020, DSM announced a partnership with PBC Biomed.
- In December 2020, Evonik Industries AG closed its acquisition of the LACTEL Absorbable Polymers product line from DURECT Corporation.
- In September 2020, Corbion and Total announced plans to build a new PLA bioplastics plant in Europe through their Total Corbion PLA joint venture.
Segment Analysis
The global resorbable polymers market is segmented by material into Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polycaprolactone (PCL), and PGA/PLA Copolymers. These materials are widely used due to their biocompatibility and ability to be absorbed by the body over time, reducing the need for surgical removal. PLA is favored for its mechanical strength and ease of processing, while PGA is known for its high degradation rate, making it suitable for short-term applications. PCL, with its slow degradation rate, is ideal for long-term applications, and PGA/PLA copolymers offer a balance between the properties of PLA and PGA, providing versatility for various medical applications.
By application, the market is divided into drug delivery and orthopedics. In drug delivery, resorbable polymers are used in oral and parenteral formulations to control the release of medication within the body. In orthopedics, these polymers are utilized in trauma, spinal surgeries, sports medicine, combined magnetic field (CMF) therapy, knee and hip surgeries, and other orthopedic procedures. Geographically, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America, with each region exhibiting varying demand based on their healthcare infrastructure and the prevalence of medical conditions requiring resorbable polymer solutions. North America and Europe are leading markets due to advanced healthcare systems and significant investments in medical research, while the Asia Pacific region is expected to witness substantial growth driven by rising healthcare expenditures and an increasing aging population.
Global Resorbable Polymers Segment Analysis
In this report, the Global Resorbable Polymers Market has been segmented by Material, Application and Geography.
Global Resorbable Polymers Market, Segmentation by Material
The Global Resorbable Polymers Market has been segmented by Material into Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polycaprolactone (PCL) and PGA/PLA Copolymers.
PLA is a widely used biodegradable polymer derived from renewable resources like corn starch or sugarcane. It is known for its excellent mechanical properties, transparency, and biocompatibility, making it suitable for applications in packaging, textiles, and biomedical fields. PLA's ability to decompose into lactic acid, a naturally occurring substance in the human body, further enhances its appeal for medical applications such as sutures, stents, and drug delivery systems. Its brittleness and slow degradation rate in certain environments pose challenges that are being addressed through various modifications and blending with other polymers. PGA, another significant biodegradable polymer, is primarily used in medical applications due to its high tensile strength and rapid degradation rate. It is commonly utilized in absorbable sutures and tissue engineering scaffolds.
Polycaprolactone (PCL) stands out for its long-term biodegradability and flexibility, which makes it useful in drug delivery systems, as well as in tissue engineering where gradual degradation is necessary. The combination of PGA and PLA into copolymers leverages the strengths of both materials, resulting in enhanced mechanical properties and controlled degradation rates tailored for specific applications. These copolymers are particularly advantageous in the medical field, providing versatile solutions for various therapeutic and surgical needs. The ongoing research and development in these biodegradable materials aim to expand their applications and improve their performance, contributing to more sustainable and eco-friendly products.
Global Resorbable Polymers Market, Segmentation by Application
The Global Resorbable Polymers Market has been segmented by Application into Drug Delivery and Orthopedics.
In the drug delivery segment, resorbable polymers play a crucial role in developing advanced drug delivery systems. These polymers can be engineered to degrade at controlled rates, allowing for the sustained release of therapeutic agents over a specific period. This capability enhances the efficacy of treatments by maintaining optimal drug concentrations in the body, reducing the need for frequent dosing, and improving patient compliance. Resorbable polymers are used to create various drug delivery devices, such as nanoparticles, microspheres, and hydrogels, which can target specific tissues or cells, thus minimizing side effects and increasing the precision of medical interventions.
In the orthopedic segment, resorbable polymers are extensively used in the manufacturing of implants and fixation devices, such as screws, plates, and pins, which are designed to support the healing of broken bones and tissues. These polymers offer the advantage of gradually degrading and being absorbed by the body, eliminating the need for a second surgery to remove the implants. This reduces the overall healthcare costs and minimizes the risk of complications associated with implant removal procedures. Resorbable polymers can be tailored to match the mechanical properties of natural bone, providing adequate support during the healing process and ensuring proper tissue regeneration. Their biocompatibility and ability to promote cell adhesion and proliferation make them highly suitable for orthopedic applications, contributing to faster recovery times and improved patient outcomes.
Global Resorbable Polymers Market, Segmentation by Geography
In this report, the Global Resorbable Polymers Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Resorbable Polymers Market Share (%), by Geographical Region, 2024
North America holds a significant share of the market, driven by advanced healthcare infrastructure, substantial R&D investments, and a high prevalence of chronic diseases requiring surgical interventions where resorbable polymers are utilized. The presence of major market players and favorable government policies further boost the market in this region. Europe follows closely, with robust demand from the medical and pharmaceutical sectors, particularly in countries like Germany, France, and the UK. The region benefits from a strong focus on innovation and stringent regulatory standards ensuring high-quality products.
The Asia Pacific region is expected to witness the fastest growth in the coming years due to the expanding healthcare sector, increasing awareness about advanced medical treatments, and rising disposable incomes. Countries such as China, India, and Japan are at the forefront, with significant investments in healthcare infrastructure and an increasing number of surgeries being performed. The Middle East and Africa region also show promising growth potential, primarily driven by improving healthcare facilities and a growing medical tourism industry. Latin America, with countries like Brazil and Mexico, is gradually emerging as a vital market due to increasing healthcare expenditure and advancements in medical technology. These regions collectively contribute to the dynamic and growing landscape of the Global Resorbable Polymers Market.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Resorbable Polymers Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing surgical procedures.
- Growing demand for biocompatible materials
- Advancements in medical technology
- Rising chronic disease prevalence - The increasing prevalence of chronic diseases such as diabetes, cardiovascular conditions, and cancer significantly drives the demand for resorbable polymers. These conditions often require surgical interventions and advanced wound care solutions where resorbable polymers are utilized for their biocompatibility and ability to be absorbed by the body, reducing the need for a second surgery to remove implants.
As the global population ages and lifestyle-related diseases become more common, the need for innovative medical materials that enhance patient recovery and outcomes continues to grow. This trend is particularly evident in developed countries with higher healthcare standards and is rapidly emerging in developing regions as healthcare infrastructure improves.
Restraints
- Stringent regulatory approvals
- Limited product availability
- Complex manufacturing processes - The production of resorbable polymers involves intricate and precise manufacturing processes that can pose significant challenges. These polymers must meet stringent quality and safety standards, requiring advanced technologies and specialized expertise. The complexity of manufacturing includes the need for controlled polymerization reactions, precise control over molecular weight and degradation rates, and ensuring biocompatibility and sterilization.
This complexity contributes to higher production costs and can limit the scalability of manufacturing operations. Maintaining consistency and quality in large-scale production while adhering to regulatory requirements adds another layer of difficulty, potentially restricting market growth and accessibility.
Opportunities
- Expansion into dental applications
- Customization and personalization trends
- Increasing use in tissue engineering
- Growth in wound care applications - The wound care market represents a significant growth opportunity for resorbable polymers. These materials are increasingly being used in advanced wound care products such as dressings, grafts, and scaffolds due to their ability to promote healing and be gradually absorbed by the body. This eliminates the need for removal and reduces the risk of infection and complications.
Resorbable polymers offer superior functionality compared to traditional wound care materials, providing a controlled environment for tissue regeneration and reducing healing times. As the demand for efficient and effective wound care solutions rises, particularly in the context of an aging population and the increasing incidence of chronic wounds, the use of resorbable polymers is expected to expand, driving innovation and development in this field.
Competitive Landscape Analysis
Key players in Global Resorbable Polymers Market include
- Ashland
- CORBION
- Evonik Industries AG
- Foster Corporation
- KLS Martin Group
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Material
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Resorbable Polymers Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing surgical procedures.
- Growing demand for biocompatible materials
- Advancements in medical technology
- Rising chronic disease prevalence
- Restraints
- Stringent regulatory approvals
- Limited product availability
- Complex manufacturing processes
- Opportunities
- Expansion into dental applications
- Customization and personalization trends
- Increasing use in tissue engineering
- Growth in wound care applications
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Resorbable Polymers Market, By Material, 2021 - 2031 (USD Million)
- Polylactic Acid (PLA)
- Polyglycolic Acid (PGA)
- Polycaprolactone (PCL)
- PGA/PLA Copolymers
- Global Resorbable Polymers Market, By Application, 2021 - 2031 (USD Million)
- Drug Delivery
- Oral
- Parenteral
- Orthopedics
- Trauma
- Spine
- Sports Medicine
- Combined Magnetic Field (CMF)
- Knee
- Hip
- Others
- Drug Delivery
- Global Resorbable Polymers Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Resorbable Polymers Market, By Material, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- Ashland
- CORBION
- Evonik Industries AG
- Foster Corporation
- KLS Martin Group
- Company Profiles
- Analyst Views
- Future Outlook of the Market