Middle East and Africa 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: TIPRE00028627 | Pages: 87 | Industry: Chemicals and Materials | Date: Apr 2022 | Type: Regional
The bioresorbable polymers market in Middle East & Africa is expected to grow from US$ 179.64 million in 2021 to US$ 255.34 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.

 

The rising healthcare infrastructure in developing economies is broadening the scope of bioresorbable polymer-based medical devices across the region. The increase in the geriatric population and consumers' growing per capita income in developing countries, such as South Africa, offer lucrative opportunities for the healthcare sector. Owing to better healthcare facilities and growing geriatric population, developing economies tend to provide various medical services and orthopedic devices for common problems among older people, such as hip, knee, spine, and joint surgeries. Hence, the rise in spending on healthcare infrastructure and increase in the elderly population in developing countries is expected to boost the bioresorbable polymers market in the Middle East & Africa during the forecast period.

 

South Africa has reported the highest number of COVID-19 cases in the Middle East & Africa, followed by Saudi Arabia and the UAE. The impact of lockdown on the Middle Eastern and African countries has been severe. Various manufacturing companies related to the chemical and materials sector were shut down, which also led to the reduction in bioresorbable polymer production. Disruptions in supply chains and reduced demand for medical implants during COVID also limited the market. As the social restrictions are being eased out, manufacturing units have begun to reopen gradually. Moreover, with the rescheduling of surgeries has raised the medical device demand and production. Thus, the resurgence of the healthcare sector is likely to fuel the bioresorbable polymer market in the coming years.

 

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 Middle East & Africa bioresorbable polymers market at a good CAGR during the forecast period.


 Middle East & Africa Bioresorbable Polymers Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Bioresorbable Polymers Market Revenue and Forecast to 2028 (US$ Million)

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Middle East & Africa Bioresorbable Polymers Market Segmentation

 

Middle East & Africa Bioresorbable Polymers Market – by Type

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

Middle East & Africa Bioresorbable Polymers Market – by Application

  • Orthopedic Devices
  • Drug Delivery
  • Other Application

Middle East & Africa Bioresorbable Polymers Market – by Country

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
Middle East & Africa Bioresorbable Polymers Market – Companies Mentioned
  • Evonik Industries AG
  • Musashino Chemical Laboratory, Ltd.  
  • Ashland Global Holdings Inc.
  • Poly-Med Incorporated

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.           Middle East & Africa 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.           Middle East & Africa Bioresorbable Polymers Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Escalating Demand for Bioresorbable Medical Implants and Wound Dressing Covers

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

5.2         Market Restraints

5.2.1        Uplifting Minimally Invasive Surgeries

5.3         Market Opportunities

5.3.1        Boosting Healthcare Infrastructure in Developing Economies

5.4         Future Trends

5.4.1        Upraising Trend of 3D Scaffold Printing for Tissue Engineering

5.5         Impact Analysis of Drivers and Restraints

6.           Middle East & Africa Bioresorbable Polymers – Market Analysis

6.1         Bioresorbable Polymers Market Overview

6.2         Middle East & Africa Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

7.           Middle East & Africa Bioresorbable Polymers Market – By Type

7.1         Overview

7.2         Middle East & Africa 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.           Middle East & Africa Bioresorbable Polymers Market Analysis – By Application

8.1         Overview

8.2         Middle East & Africa 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.           Middle East & Africa Bioresorbable Polymers Market – Country Analysis

9.1         Overview

9.1.1        Middle East & Africa: Bioresorbable Polymers Market, by Key Country

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

9.1.1.1.1          South Africa: Bioresorbable Polymers Market, By Type

9.1.1.1.2          South Africa: Bioresorbable Polymers Market, by Application

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

9.1.1.2.1          Saudi Arabia: Bioresorbable Polymers Market, By Type

9.1.1.2.2          Saudi Arabia: Bioresorbable Polymers Market, by Application

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

9.1.1.3.1          UAE: Bioresorbable Polymers Market, By Type

9.1.1.3.2          UAE: Bioresorbable Polymers Market, by Application

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

9.1.1.4.1          Rest of MEA: Bioresorbable Polymers Market, By Type

9.1.1.4.2          Rest of MEA: Bioresorbable Polymers Market, by Application

10.        Impact of COVID-19 on Middle East & Africa Bioresorbable Polymers Market

10.1      Overview – Impact of COVID-19 on Middle East & Africa region

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      Ashland Global Holdings Inc.

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      Poly-Med Incorporated

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      Musashino Chemical Laboratory, Ltd.

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

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

 


LIST OF TABLES

Table 1.             Middle East & Africa Bioresorbable Polymers Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             South Africa Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

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

Table 4.             Saudi Arabia Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

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

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

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

Table 8.             Rest of MEA Bioresorbable Polymers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

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

Table 10.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Middle East & Africa Bioresorbable Polymers Market Segmentation

Figure 2.           Middle East & Africa Bioresorbable Polymers Market Segmentation – By Country

Figure 3.           Middle East & Africa Bioresorbable Polymers Market Overview

Figure 4.           Orthopedic Devices Segment Held the Largest Share of the Middle East & Africa Bioresorbable Polymers Market

Figure 5.           The UAE Held Largest Share of Middle East & Africa Bioresorbable Polymers Market

Figure 6.           Middle East & Africa Bioresorbable Polymers Market, Key Market Players

Figure 7.           Porter's Five Forces Analysis

Figure 8.           Ecosystem Analysis: Middle East & Africa Bioresorbable Polymers Market

Figure 9.           Expert Opinions

Figure 10.        Middle East & Africa Bioresorbable Polymers Market Impact Analysis of Drivers and Restraints

Figure 11.        Middle East & Africa Bioresorbable Polymers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Middle East & Africa 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.        Middle East & Africa 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 Middle East & Africa Bioresorbable Polymers Market

Figure 23.        Middle East & Africa: Bioresorbable Polymers Market Revenue Share, by Key Country (2020 and 2028)

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

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

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

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

Figure 28.        Impact of COVID-19 Pandemic on Bioresorbable Polymer in the Middle East & Africa

 

  1. Evonik Industries AG
  2. Musashino Chemical Laboratory, Ltd.  
  3. Ashland Global Holdings Inc.
  4. Poly-Med Incorporated
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