Europe Bioresorbable Polymers Market

Europe Bioresorbable Market Size and Growth Rate:

The Europe bioresorbable polymers is estimated at USD 612.46 million in 2016 and is projected to reach USD 1182.86 million by 2022 growing at CAGR of 14.07% during the forecast period 2016-2022.

Europe Bioresorbable Market Overview:

Bioresorbable polymers, also referred to as biodegradable or bioabsorbable polymers, are polymer materials which can be safely absorbed by the body so that the materials from which a construction is made disappear over time.

Europe Bioresorbable Market Drivers and Restraints:

One of the major factors driving the European bioresorbable polymers market is the increase in patient comfort brought about by bioresorbable polymers. In case of conventional materials, they are left in the body post-surgery which require another minor surgery to remove the materials, some presenting a health risks to the patient. Further, the growing demand for bioresorbable polymers for drug delivery is another key aspect boosting the growth of bioresorbable polymers market in European countries. The chemically neutral nature of bioresorbable polymers and their harmless decomposition in the body make them perfect for drug delivery.

However, due to employment of advanced technology, bioresorbable polymers cost more than conventional medical polymers which is limiting its reach to people Central and Eastern European countries along with the lack of advanced healthcare infrastructure.

Few of the promising companies operating in the Europe Bioresorbable Market Profiled In the Report are:

1. Corbion Purac Inc
2. Evonik Industries AG
3. Foster Corporation
4. Koninklijke DSM N.V
5. Wright Medical Technology, Inc
6. KLS Martin Group

This research report segmented and sub-segmented the Europe Bioresorbable Market into the following categories:

By Basis of Type: Agro-polymers (Polysaccharides, Proteins), Biopolyesters (polylactic acid, Polyglycolic Acid, Polycaprolactone and others)

By Basis of the Application: Orthopaedics, Drug Delivery and others.

By Country: France, Italy, Germany, Spain and UK