Bioresorbable Polymers Market to Hit $867.2 Million by 2029 as PLGA Leads 11.6% Growth
Updated
Updated · Yahoo Finance · Aug 17
Bioresorbable Polymers Market to Hit $867.2 Million by 2029 as PLGA Leads 11.6% Growth
1 articles · Updated · Yahoo Finance · Aug 17
Summary
$867.2 million is the projected size of the global bioresorbable polymers market in 2029, up from $500 million in 2024, according to MarketsandMarkets.
An 11.6% CAGR is being driven by more surgical procedures, stronger demand for biocompatible medical devices, and wider use of resorbable materials in orthopedic devices and drug delivery.
PLGA is expected to remain the largest and fastest-growing polymer type because its degradation rate can be tailored, while drug delivery is forecast to outpace other applications and orthopedics stays a major use case.
North America is currently the largest regional market, while Asia Pacific is projected to grow fastest as electrospinning and 3D printing expand opportunities in tissue engineering and personalized implants.