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Los Angeles, CA -- (SBWIRE) -- 05/07/2019 -- The bioresorbable medical material in this report contains polylactic acid (PLA), polyglycolic acid (PGA), polysaccharides, polycaprolactone (PCL) and PLGA.
The global average price of Bioresorbable Medical Material experienced a fluctuation trend, from 3100 USD/Kg in 2012 to 3128 USD/Kg in 2016. With the situation of global economy, prices will present a fluctuation trend in the following five years.
The classification of PLA, PGA, PCL, PLGA, Polysaccharides and others, and the proportion of PLA in 2016 is about 27%. And the proportion of PCL, PGA is about 19% and 16%, respectively.
Bioresorbable Medical Material is widely used for Orthopedics, Drug Delivery and others. The most proportion of Bioresorbable Medical Material is Orthopedics, and the proportion of Orthopedics in 2016 is 44%.
USA is the largest consumption place, with a consumption market share nearly 41% in 2016. Following USA, Europe is the second largest consumption place with the consumption market share of 32%.
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Market competition is not intense. Evonik, Corbion, DSM, Mitsui Chemicals, PCAS, Poly-Med, KLS Martin, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The global Bioresorbable Medical Material market was 970 million US$ in 2018 and is expected to 1980 million US$ by the end of 2025, growing at a CAGR of 9.3% between 2019 and 2025.
This report studies the Bioresorbable Medical Material market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bioresorbable Medical Material in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Evonik
Corbion
DSM
Mitsui Chemicals
PCAS
Poly-Med
KLS Martin
By the product type, the market is primarily split into
Polylactic Acid (PLA)
Polyglycolic Acid (PGA)
Polysaccharides
Polycaprolactone (PCL)
PLGA
By the end users/application, this report covers the following segments
Drug Delivery
Orthopedics
Others
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