Bioresorbable Polymers Market Share

Regionally, the bioresorbable polymers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America industry is poised to hold largest revenue share by 2037, on the back of advanced healthcare system and high personal disposable income. Moreover, consumer friendly reimbursement policies on healthcare expenditure are another major factor estimated to boost the growth of the regional market. The market in the Europe region is anticipated to hold a significant share in the forecast period, owing to the high geriatric population in the region. As per the data by the World Bank, 20.463% of the total population of the European Union is above 65 years of age, as of 2019. The EU includes 27 countries, including France, Belgium, Germany, and Luxemburg among others.