Market Forecast By Type (Polylactic acid (PLA), Polyglycolic acid (PGA), Poly(lactic-co-glycolic acid) (PLGA), Polycaprolactone(PCL), Others), By Application (Orthopedic devices, Drug delivery) And Competitive Landscape
| Product Code: ETC5717267 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
According to 6Wresearch internal database and industry insights, the Canada Bioresorbable Polymers Market is projected to grow at a compound annual growth rate (CAGR) of 7.6% during the forecast period (2026–2032).
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
|
Years |
Est. Annual Growth (%) |
Growth Drivers |
|
2021 |
2.9% |
Rising use of biodegradable materials in orthopedic implants and sutures. |
|
2022 |
3.6% |
Growing adoption of drug-delivery systems using biocompatible polymers. |
|
2023 |
4.4% |
Increased R&D investments in medical devices utilizing resorbable polymers. |
|
2024 |
5.2% |
Expanding demand for minimally invasive surgical procedures. |
|
2025 |
6.1% |
Development of advanced polymer blends for bone regeneration and controlled drug release. |
The Canada Bioresorbable Polymers Market report thoroughly covers the market by type and by application. It provides an unbiased and detailed analysis of ongoing market trends, opportunities, challenges, and market drivers, helping stakeholders align their strategies with current and future market dynamics.
| Report Name | Canada Bioresorbable Polymers Market |
| Forecast period | 2026-2032 |
| CAGR | 7.6% |
| Growing Sector | Healthcare & Medical Devices Industry |
Canada Bioresorbable Polymers Market is expanding steadily due to the rising demand for biodegradable and biocompatible materials in orthopedic fixation, wound management, and drug-delivery applications. Increasing surgical procedures, a growing elderly population, and higher adoption of advanced medical technologies contribute to market growth. The continuous shift toward polymer-based devices that dissolve naturally inside the body eliminates the need for secondary surgeries, increasing their popularity among healthcare providers.
Below mentioned are some prominent drivers and their influence on the Canada Bioresorbable Polymers Market dynamics:
| Drivers | Primary Segment Affected | Why It Matters (Evidence) |
| Increasing Orthopedic Surgeries | Orthopedic Devices | Rising fractures and joint injuries increase demand for polymer-based implants. |
| Growth in Drug-Delivery Innovations | Drug Delivery | Bioresorbable polymers support controlled-release drug applications. |
| Advancements in Tissue Engineering | All Polymer Types | Enhances development of biomaterials for bone and tissue regeneration. |
| Rising Healthcare Investments | Medical R&D | Government funding supports new biopolymer-based medical devices. |
| Demand for Minimally Invasive Procedures | Orthopedic & Drug Delivery | Reduces complications and eliminates implant removal surgeries. |
Canada Bioresorbable Polymers Market Size is expected to grow steadily at a CAGR of 7.6% between 2026 and 2032. The increasing utilization in orthopedic fixation devices, bioresorbable sutures, and pharmaceutical drug-delivery coatings is estimated to drive the growth of the market. Additionally, strong research initiatives and a growing preference for bio-based materials in medical applications boost the demand for bioresorbable polymers. Along with this, the rising technological advancements in polymer science and the expanding aging population, leading to higher rates of bone injuries and chronic conditions, are boosting the use of bioresorbable polymers across Canada’s medical and pharmaceutical sectors. Other significant factors contributing to the Canada Bioresorbable Polymers Market growth include increasing healthcare expenditure, expanding research in biomedical engineering, and strong adoption of biocompatible polymers for tissue regeneration.
Below mentioned are some major restraints and their influence on the Canada Bioresorbable Polymers Market dynamics:
| Restraints | Primary Segment Affected | What This Means (Evidence) |
| High Manufacturing Cost | All Polymer Types | Advanced production processes increase overall product cost. |
| Limited Mechanical Strength of Certain Polymers | Orthopedic Devices | Some resorbable polymers may lack strength for complex fractures. |
| Longer Approval Time for Medical Devices | Medical Industry | Regulatory approvals may delay new product launches. |
| Strict Quality Control Requirements | Manufacturers | Increases cost of compliance to ensure biocompatibility and safety. |
| Availability of Alternative Permanent Implants | Orthopedics | Traditional metal implants may still be preferred in certain surgeries. |
On the other side, the Canada Bioresorbable Polymers Market deals with numerous challenges that could affect the growth of the market. These challenges include high production costs for medical-grade polymers and stringent regulatory standards. The use of bioresorbable polymers in heavy-load orthopedic applications can be restricted due to limited mechanical strength in specific polymer categories, which restricts their use in heavy-load orthopedic applications. Additionally, the market expansion can be hindered due to a presence of permanent implant alternatives and complex material-testing requirements for clinical approval.
Several notable trends are shaping the Canada Bioresorbable Polymers Market dynamics:
Some notable investment opportunities in the Canada Bioresorbable Polymers Industry are:
Below is the list of prominent companies leading in the Canada Bioresorbable Polymers Market:
| Company Name | Evonik Industries AG |
| Established Year | 2007 |
| Headquarters | Essen, Germany |
| Official Website | Click Here |
A global leader in bioresorbable polymer manufacturing, providing PLA, PLGA, and specialty polymers for pharmaceuticals and medical applications.
| Company Name | Corbion N.V. |
| Established Year | 1919 |
| Headquarters | Amsterdam, Netherlands |
| Official Website | Click Here |
Produces high-purity PLA and biopolymers widely used in drug-delivery systems and orthopedic devices.
| Company Name | Ashland Global Holdings Inc. |
| Established Year | 1924 |
| Headquarters | Delaware, USA |
| Official Website | Click Here |
Provides specialty biopolymers for pharmaceutical drug-delivery and controlled-release technologies.
| Company Name | Poly-Med Inc. |
| Established Year | 1990 |
| Headquarters | South Carolina, USA |
| Official Website | Click Here |
Specializes in bioresorbable polymer solutions for sutures, meshes, and implantable devices.
| Company Name | Teknor Apex Company |
| Established Year | 1924 |
| Headquarters | Rhode Island, USA |
| Official Website | Click Here |
Offers custom bioresorbable polymer formulations used in medical device manufacturing.
According to Canadian government data, several initiatives have been introduced to strengthen the development of medical-grade bioresorbable materials. For example, the Medical Device Establishment Licensing Framework and Canadian Institutes of Health Research (CIHR) funds innovations in biomedical engineering, supporting development of next-generation bioresorbable materials. Also, these frameworks ensure safe manufacturing of resorbable implants and accelerates regulatory compliance. The government provides incentives to pharmaceutical firms adopting biodegradable polymer technologies through R&D tax credits under the Scientific Research and Experimental Development Program (SR&ED).
Canada Bioresorbable Polymers Market future seems optimistic owing to a rise in the adoption of biodegradable implants in orthopedic and pharmaceutical sectors. The demand for of bioresorbable polymers will increase owing to various factors, including Increasing healthcare expenditure, growing acceptance of minimally invasive surgeries, and advancing drug-delivery technologies. As research institutions and medical-device manufacturers collaborate on bio-based material innovation, the market is likely to diversify into new clinical applications. Additionally, the market’s revenue profile is estimated to surge with the growing investment in pharmaceutical innovation and biomedical engineering.
The report offers a comprehensive study of the following market segments and their leading categories.
According to Priya, Senior Research Analyst, 6Wresearch, the PLA segment dominates the Canada Bioresorbable Polymers Market Share. PLA is widely used due to its excellent biocompatibility, ease of processing, and suitability for orthopedic screws, plates, and sutures. Its cost-effectiveness compared to other high-end polymers and strong availability across Canada increase its adoption in various medical applications.
The orthopedic devices segment holds the largest market share in the Canada Bioresorbable Polymers Market. The increasing number of fractures, sports injuries, and joint replacement surgeries drives demand for resorbable implants, screws, and fixation devices. Bioresorbable polymers eliminate the need for implant removal surgeries, reducing patient recovery time.
The report offers a comprehensive study of the following market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Canada Bioresorbable Polymers Market Overview |
| 3.1 Canada Country Macro Economic Indicators |
| 3.2 Canada Bioresorbable Polymers Market Revenues & Volume, 2022 & 2032F |
| 3.3 Canada Bioresorbable Polymers Market - Industry Life Cycle |
| 3.4 Canada Bioresorbable Polymers Market - Porter's Five Forces |
| 3.5 Canada Bioresorbable Polymers Market Revenues & Volume Share, By Type, 2022 & 2032F |
| 3.6 Canada Bioresorbable Polymers Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 4 Canada Bioresorbable Polymers Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing demand for eco-friendly and sustainable materials in various industries |
| 4.2.2 Growing focus on reducing plastic waste and environmental impact |
| 4.2.3 Rising investments in research and development of bioresorbable polymers |
| 4.3 Market Restraints |
| 4.3.1 High production costs compared to conventional polymers |
| 4.3.2 Limited awareness and understanding of bioresorbable polymers among consumers |
| 4.3.3 Lack of standardized regulations and guidelines for bioresorbable polymers |
| 5 Canada Bioresorbable Polymers Market Trends |
| 6 Canada Bioresorbable Polymers Market Segmentations |
| 6.1 Canada Bioresorbable Polymers Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Canada Bioresorbable Polymers Market Revenues & Volume, By Polylactic acid (PLA), 2022 - 2032F |
| 6.1.3 Canada Bioresorbable Polymers Market Revenues & Volume, By Polyglycolic acid (PGA), 2022 - 2032F |
| 6.1.4 Canada Bioresorbable Polymers Market Revenues & Volume, By Poly(lactic-co-glycolic acid) (PLGA), 2022 - 2032F |
| 6.1.5 Canada Bioresorbable Polymers Market Revenues & Volume, By Polycaprolactone(PCL), 2022 - 2032F |
| 6.1.6 Canada Bioresorbable Polymers Market Revenues & Volume, By Others, 2022 - 2032F |
| 6.2 Canada Bioresorbable Polymers Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Canada Bioresorbable Polymers Market Revenues & Volume, By Orthopedic devices, 2022 - 2032F |
| 6.2.3 Canada Bioresorbable Polymers Market Revenues & Volume, By Drug delivery, 2022 - 2032F |
| 7 Canada Bioresorbable Polymers Market Import-Export Trade Statistics |
| 7.1 Canada Bioresorbable Polymers Market Export to Major Countries |
| 7.2 Canada Bioresorbable Polymers Market Imports from Major Countries |
| 8 Canada Bioresorbable Polymers Market Key Performance Indicators |
| 8.1 Adoption rate of bioresorbable polymers in key industries |
| 8.2 Number of patents filed for bioresorbable polymer innovations |
| 8.3 Investment in bioresorbable polymer research and development |
| 8.4 Environmental impact assessment of bioresorbable polymers in terms of carbon footprint and waste reduction |
| 9 Canada Bioresorbable Polymers Market - Opportunity Assessment |
| 9.1 Canada Bioresorbable Polymers Market Opportunity Assessment, By Type, 2022 & 2032F |
| 9.2 Canada Bioresorbable Polymers Market Opportunity Assessment, By Application, 2022 & 2032F |
| 10 Canada Bioresorbable Polymers Market - Competitive Landscape |
| 10.1 Canada Bioresorbable Polymers Market Revenue Share, By Companies, 2025 |
| 10.2 Canada Bioresorbable Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |