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06 Jun 2023, 23:13 GMT+10
According to Fact.MR analysis of the global bioresorbable polymers market, the bioresorbable polymers market had global sales of US$ 1.3 billion in 2021. The anticipated market growth between 2022 and 2032 is anticipated to be higher than the historical growth, at 15.8%. With a CAGR of over 16.5% between 2022 and 2032, biopolyesters are anticipated to generate the highest amount of revenue.
The bioresorbable polymers market refers to the market for synthetic polymers that are designed to break down and be absorbed by the body over time. These polymers are often used in medical applications, such as in drug delivery systems, surgical sutures, and orthopedic implants. The market for bioresorbable polymers is expected to grow significantly in the coming years, driven by factors such as the increasing demand for advanced medical technologies, the growing prevalence of chronic diseases, and the rise in geriatric population.
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Key Takeaways from the Study
Competitive Landscape
Key Companies Covered
Key Questions Covered in the Bioresorbable Polymers Market
More Insights Available Fact.MR, in its new offering, presents an unbiased analysis of the Bioresorable Polymers Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Bioresorable Polymers in terms of by Product Type (Biopolyesters, Agro-polymers), Application (Orthopedics, Drug Delivery, Other Applications) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
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