Europe Bioresorbable Polymers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type [Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polydioxanone, Polycaprolactone (PCL), and Others] and Application (Orthopedic Devices, Drug Delivery, and Others)

Code: TIPRE00028626 | Pages: 104 | Industry: Chemicals and Materials | Date: Apr 2022 | Type: Regional

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 Revenue and Forecast to 2028 (US$ Million)

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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.                                                    
 
1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis Formulation:

3.2.4        Macro-economic Factor Analysis:

3.2.5        Developing Base Number:

3.2.6        Data Triangulation:

3.2.7        Country Level Data:

4.           Europe Bioresorbable Polymers Market Landscape

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.2.1        Bargaining Power of Suppliers:

4.2.2        Bargaining Power of Buyers:

4.2.3        Threat of New Entrants:

4.2.4        Competitive Rivalry:

4.2.5        Threat of Substitutes:

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           Europe Bioresorbable Polymers Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Raising Demand for Bioresorbable Medical Implants and Wound Dressing Covers

5.1.2        Fostering Demand for Orthopedic Surgery due to Augmenting Cases of Road and On-site Accident

5.2         Market Restraints

5.2.1        Surging Minimally Invasive Surgeries

5.3         Future Trends

5.3.1        Burgeoning Trend of 3D Scaffold Printing for Tissue Engineering

5.4         Impact Analysis of Drivers and Restraints

6.           Europe Bioresorbable Polymers – Market Analysis

6.1         Europe Bioresorbable Polymers Market Overview

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

7.           Europe Bioresorbable Polymers Market – By Type

7.1         Overview

7.2         Europe Bioresorbable Polymers Market, By Type (2020 and 2028)

7.3         Polylactic Acid (PLA)

7.3.1        Overview

7.3.2        Polylactic Acid (PLA): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Polyglycolic Acid (PGA)

7.4.1        Overview

7.4.2        Polyglycolic Acid (PGA): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Polydioxanone

7.5.1        Overview

7.5.2        Polydioxanone: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Polycaprolactone (PCL)

7.6.1        Overview

7.6.2        Polycaprolactone (PCL): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

7.7         Others

7.7.1        Overview

7.7.2        Others: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

8.           Europe Bioresorbable Polymers Market Analysis – By Application

8.1         Overview

8.2         Europe Bioresorbable Polymers Market, By Application (2020 and 2028)

8.3         Orthopedic Devices

8.3.1        Overview

8.3.2        Orthopedic Devices: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Drug Delivery

8.4.1        Overview

8.4.2        Drug Delivery: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Others

8.5.1        Overview

8.5.2        Others: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

9.           Europe Bioresorbable Polymers Market – Country Analysis

9.1         Overview

9.1.1        Europe: Bioresorbable Polymers Market, by Key Country

9.1.1.1          Germany: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          Germany: Bioresorbable Polymers Market, by Type

9.1.1.1.2          Germany: Bioresorbable Polymers Market, by Application

9.1.1.2          France: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          France: Bioresorbable Polymers Market, by Type

9.1.1.2.2          France: Bioresorbable Polymers Market, by Application

9.1.1.3          Italy: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          Italy: Bioresorbable Polymers Market, by Type

9.1.1.3.2          Italy: Bioresorbable Polymers Market, by Application

9.1.1.4          UK: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          UK: Bioresorbable Polymers Market, by Type

9.1.1.4.2          UK: Bioresorbable Polymers Market, by Application

9.1.1.5          Russia: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1          Russia: Bioresorbable Polymers Market, by Type

9.1.1.5.2          Russia: Bioresorbable Polymers Market, by Application

9.1.1.6          Rest of Europe: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1          Rest of Europe: Bioresorbable Polymers Market, by Type

9.1.1.6.2          Rest of Europe: Bioresorbable Polymers Market, by Application

10.        Impact of COVID-19 on Europe Bioresorbable Polymers Market

10.1      Overview

11.        Industry Landscape

11.1      Overview

11.2      Expansion

11.3      Product News

12.        Company Profiles

12.1      Evonik Industries AG

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Foster Corporation

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Ashland Global Holdings Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Poly-Med Incorporated

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      REVA Medical, LLC

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Musashino Chemical Laboratory, Ltd.

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Polysciences Inc.

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Bezwada Biomedical LLC

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

 


LIST OF TABLES

Table 1.             Europe Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Germany Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.             France Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             France Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Italy Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Italy Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.             UK Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             UK Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Russia: Bioresorbable Polymers Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 11.          Russia: Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of Europe Bioresorbable Polymers Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of Europe Bioresorbable Polymers Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Europe Bioresorbable Polymers Market Segmentation

Figure 2.           Europe Bioresorbable Polymers Market Segmentation – By Country

Figure 3.           Europe Bioresorbable Polymers Market Overview

Figure 4.           Orthopedic Devices Segment Held the Largest Share of the Europe Bioresorbable Polymers Market

Figure 5.           Germany Held Largest Share of Europe Bioresorbable Polymers Market

Figure 6.           Europe Bioresorbable Polymers Market, Key Market Players

Figure 7.           Porter's Five Forces Analysis

Figure 8.           Ecosystem Analysis: Europe Bioresorbable Polymers Market

Figure 9.           Expert Opinions

Figure 10.        Europe Bioresorbable Polymers Market Impact Analysis of Drivers and Restraints

Figure 11.        Europe Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Europe Bioresorbable Polymers Market Revenue Share, By Type (2020 and 2028)

Figure 13.        Polylactic Acid (PLA): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Polyglycolic Acid (PGA): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Polydioxanone: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Polycaprolactone (PCL): Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Others: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Europe Bioresorbable Polymers Market Revenue Share, By Application (2020 and 2028)

Figure 19.        Orthopedic Devices: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Drug Delivery: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Others: Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Geographic Overview of Europe Bioresorbable Polymers Market

Figure 23.        Europe: Bioresorbable Polymers Market Revenue Share, by Key Country (2020 and 2028)

Figure 24.        Germany: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Figure 25.        France: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Italy: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.        UK: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Russia: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Rest of Europe: Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Impact of COVID-19 Pandemic on Bioresorbable Polymer Market in Europe

 

  1. Evonik Industries AG
  2. Musashino Chemical Laboratory, Ltd.  
  3. Ashland Global Holdings Inc.
  4. Poly-Med Incorporated
  5. Foster Corporation                                               
  6. REVA Medical, LLC                                                
  7. Polysciences Inc.                                                    
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