Market Size of Resorbable Polymers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 10.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Resorbable Polymers Market Analysis
The resorbable polymers market is projected to record a CAGR of more than 10% during the forecast period (2022-2027).
The COVID-19 impact on the market has been negligent. Additionally, the market is expected to grow steadily during the forecast period.
- The major factor driving the market is growing demand from the medical industry.
- Applications in 3D printing of devices in the medical industry are expected to act as an opportunity for the market
- Asia-Pacific dominated the market globally, with the largest consumption seen in countries such as China and India.