Europe Bioresorbable Polymers Market

The bioresorbable polymers market in Europe is expected to grow from US$ 996.36 million in 2021 to US$ 1,860.37 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.

The increasing application of bioresorbable polymers to create organ-like structures using 3D scaffold printing for tissue engineering is gaining significant traction in the healthcare sector. Bioresorbable polymers contain excellent cell adhesion properties that make them suitable for tissue engineering applications, such as bone, tendon, cartilage, tooth, and spinal regeneration. These polymers are fabricated into scaffolds using various techniques, including electrospinning and polymers printing, to create microstructures and nanomaterials that facilitate tissue development. 3D scaffold printing can produce highly complex designs with controllable features for efficient and smooth tissue engineering. The application of bioresorbable polymers for 3D scaffold printing is expected to emerge as the future trend in tissue regenerating treatment and in this market during the forecast period.

In Europe, the UK and Russia are the hardest-hit countries by the COVID-19 pandemic, followed by France, Spain, Italy, and Germany. In the initial phases of the pandemic, European countries implemented drastic measures and travel restrictions, including the shutdown of manufacturing units and limitations on logistics. The consequent disruptions in supply chains and difficulties in raw material procurement have restrained the European market. Although there have been delays in medical surgeries in countries across Europe, elective surgeries resumed in mid-2020 in the UK and many other countries. However, most hospitals are functioning at substantially reduced capacity, resulting in lengthy waitlists. Such delays in medical surgeries have led to decreased demand for medical and orthopedic devices, eventually restricting the bioresorbable polymer market growth in the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe bioresorbable polymers market at a good CAGR during the forecast period.

 

Europe Bioresorbable Polymers Market Revenue and Forecast to 2028 (US$ Million)

  

Europe Bioresorbable Polymers Market Segmentation

Europe Bioresorbable Polymers Market – by

Type

• Polylactic Acid (Pla)
• Polyglycolic Acid (Pga)
• Polydioxanone
• Polycaprolactone(Pcl)
• Others

Europe Bioresorbable Polymers Market – by

Application

• Orthopedic Devices
• Drug Delivery
• Other Application

Europe Bioresorbable Polymers Market – by

Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Europe Bioresorbable Polymers Market – Companies Mentioned

• Evonik Industries AG
• Musashino Chemical Laboratory, Ltd.  
• Ashland Global Holdings Inc.
• Poly-Med Incorporated
• Foster Corporation                                               
• REVA Medical, LLC                                                
• Polysciences Inc.                                                    

Europe Bioresorbable Polymers Strategic Insights

Strategic insights for the Europe Bioresorbable Polymers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Bioresorbable Polymers Report Scope

Europe Bioresorbable Polymers Regional Insights

The geographic scope of the Europe Bioresorbable Polymers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.