Bioresorbable Polymers Market Size

Bioresorbable Polymers Market size was over USD 1.49 billion in 2023 and is set to exceed USD 7.82 billion by the end of 2036, witnessing over 13.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of bioresorbable polymers is evaluated at USD 1.65 billion.

The growth of the market can be attributed to the increasing medical application of bioresorbable polymers, as it is biodegradable. The bioresorbable polymers dissolve inside the body with time, which eliminates the need for a second surgery to remove the transplant. The growing cases of patients with orthopedic and musculoskeletal issues, along with the increasing global geriatric population, is estimated to boost the market growth. Moreover, the features like flexibility, strength, and affordability of these polymers are projected to boost the market growth.