World Bioresorbable Polymers Market to Post 13.71% CAGR to 2021, States Infiniti Research in Its Discounted Report Published at MarketPublishers.com19 Sep 2017 • by Natalie Aster
LONDON – Biopolymers are renewable, bio-degradable, sustainable, non-toxic, non-immunogenic, non-carcinogenic, and non-thrombogenic. Biopolymers mainly find broad application in plastics, coatings, oil industry, biomedical, pharma, and automotive sectors.
Globally, the bioresorbable polymers sector has been registering a 13.71% CAGR from 2017 to 2021. Increasing ageing demographic is one of the main factors propelling the sector’s growth. The market has also observed the rise of medical tourism globally, the rise of electrospinning and 3D printing technologies, etc. Meantime, high costs of production and maintaining high-quality inventory could challenge to the sector’s expansion and growth.
Geography-wise, North America is likely to capture the biggest share of this market in terms of revenue during the next 4 years. The development of the region’s healthcare sector is a key factor propelling growth of the market for bioresorbable polymers. Factors such as the R&D activities and technology advances in the pharma industry, a hike in ageing population, and the increasing sales of novel medicines, also boost the growth of the regional bioresorbable polymers market.
The market is characterised by tough competition on account of the presence of a slew of global and regional players. The regional vendors are entering into a tough rivalry with the global vendors, particularly with respect to price. Evonik Industries, Corbion, KLS Martin, Foster Corporation and Poly-Med are the top industry players, among others.
Discounted research report “Global Bioresorbable Polymers Market 2017-2021” created by Infiniti Research offers unbiased, deep insights into the industry on a global level.
The study delves into the present-day scenario and the growth outlook of the global bioresorbable polymers market. It offers estimates (historical and forecasts) of the market size and analyses the growth rates. The report presents detailed market segmentation based on product type, application and region-wise. It tracks key market trends, explores the factors fuelling and hindering the market growth, sheds light on the major challenges to the sector’s growth; analyses the major trends in the marketplace. The report includes information on the key vendors in this market space and scrutinises the competitive scenario.
More discounted and new research studies by Infiniti Research are at hand at its page at MarketPublishers.com.