India Bioresorbable Polymers Market (2025-2031) Outlook | Industry, Trends, Companies, Share, Forecast, Growth, Value, Analysis, Revenue & Size

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: ETC4502845 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Bioresorbable Polymers Market Import Shipment Trend (2020-2024)

The India bioresorbable polymers market import shipments demonstrated a robust growth trend with a significant CAGR from 2020 to 2024. However, there was a notable decline in the growth rate between 2023 and 2024, indicating a temporary slowdown in the market expansion. Overall, the market exhibited strong momentum but experienced a slight stabilization towards the end of the period.

Graph Showing India bioresorbable polymers market Shipment Trend & Volume from 2020-2024

India Bioresorbable Polymers Market Overview

The bioresorbable polymers market in India is witnessing growth due to the increasing awareness of sustainable and biodegradable materials. These polymers find applications in medical devices and pharmaceuticals, where their ability to break down harmlessly in the body is highly beneficial. As sustainability becomes a priority, the India bioresorbable polymers market is expected to expand.

Drivers of the Market

The India Bioresorbable Polymers market is growing due to the increasing focus on biodegradable and environmentally friendly materials. Bioresorbable polymers are used in medical devices and drug delivery systems, offering controlled degradation and reducing the need for implant removal.

Challenges of the Market

One of the significant challenges in the India Bioresorbable Polymers Market is the cost of production. Developing bioresorbable polymers that meet regulatory standards while remaining economically viable is a complex task. Also, there is a lack of comprehensive regulations and guidelines, which can create uncertainties and obstacles for manufacturers in terms of product approval and market adoption. Biocompatibility and long-term degradation properties must be extensively studied, adding to research costs and time.

COVID-19 Impact on the Market

The COVID-19 pandemic had a mixed impact on the India Bioresorbable Polymers market. While there was increased demand for certain medical applications like surgical sutures and drug delivery systems, other segments were affected due to disruptions in elective medical procedures and surgeries.

Key Players in the Market

Key players in India bioresorbable polymers market comprise Corbion, Evonik Industries, Foster Corporation, and Poly-Med, Inc.

Key Highlights of the Report:

  • India Bioresorbable Polymers Market Outlook
  • Market Size of India Bioresorbable Polymers Market, 2024
  • Forecast of India Bioresorbable Polymers Market, 2031
  • Historical Data and Forecast of India Bioresorbable Polymers Revenues & Volume for the Period 2021-2031
  • India Bioresorbable Polymers Market Trend Evolution
  • India Bioresorbable Polymers Market Drivers and Challenges
  • India Bioresorbable Polymers Price Trends
  • India Bioresorbable Polymers Porter's Five Forces
  • India Bioresorbable Polymers Industry Life Cycle
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Polylactic acid (PLA) for the Period 2021-2031
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Polyglycolic acid (PGA) for the Period 2021-2031
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Poly(lactic-co-glycolic acid) (PLGA) for the Period 2021-2031
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Polycaprolactone(PCL) for the Period 2021-2031
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Orthopedic devices for the Period 2021-2031
  • Historical Data and Forecast of India Bioresorbable Polymers Market Revenues & Volume By Drug delivery for the Period 2021-2031
  • India Bioresorbable Polymers Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • India Bioresorbable Polymers Top Companies Market Share
  • India Bioresorbable Polymers Competitive Benchmarking By Technical and Operational Parameters
  • India Bioresorbable Polymers Company Profiles
  • India Bioresorbable Polymers Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Bioresorbable Polymers Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Bioresorbable Polymers Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 India Bioresorbable Polymers Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Bioresorbable Polymers Market Revenues & Volume, 2021 & 2031F

3.3 India Bioresorbable Polymers Market - Industry Life Cycle

3.4 India Bioresorbable Polymers Market - Porter's Five Forces

3.5 India Bioresorbable Polymers Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Bioresorbable Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Bioresorbable Polymers Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about environmental sustainability and growing preference for eco-friendly materials

4.2.2 Rising demand for bioresorbable polymers in the healthcare industry for applications such as drug delivery systems and surgical sutures

4.3 Market Restraints

4.3.1 High production costs associated with bioresorbable polymers compared to conventional plastics

4.3.2 Limited availability of raw materials for bioresorbable polymers, leading to supply chain challenges

5 India Bioresorbable Polymers Market Trends

6 India Bioresorbable Polymers Market, By Types

6.1 India Bioresorbable Polymers Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Bioresorbable Polymers Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Bioresorbable Polymers Market Revenues & Volume, By Polylactic acid (PLA), 2021-2031F

6.1.4 India Bioresorbable Polymers Market Revenues & Volume, By Polyglycolic acid (PGA), 2021-2031F

6.1.5 India Bioresorbable Polymers Market Revenues & Volume, By Poly(lactic-co-glycolic acid) (PLGA), 2021-2031F

6.1.6 India Bioresorbable Polymers Market Revenues & Volume, By Polycaprolactone(PCL), 2021-2031F

6.1.7 India Bioresorbable Polymers Market Revenues & Volume, By Others, 2021-2031F

6.2 India Bioresorbable Polymers Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Bioresorbable Polymers Market Revenues & Volume, By Orthopedic devices, 2021-2031F

6.2.3 India Bioresorbable Polymers Market Revenues & Volume, By Drug delivery, 2021-2031F

7 India Bioresorbable Polymers Market Import-Export Trade Statistics

7.1 India Bioresorbable Polymers Market Export to Major Countries

7.2 India Bioresorbable Polymers Market Imports from Major Countries

8 India Bioresorbable Polymers Market Key Performance Indicators

8.1 Research and development investment in bioresorbable polymer technology

8.2 Adoption rate of bioresorbable polymers in key industries such as healthcare and packaging

8.3 Number of collaborations and partnerships between bioresorbable polymer manufacturers and research institutions

8.4 Regulatory approvals and certifications obtained for bioresorbable polymer products

9 India Bioresorbable Polymers Market - Opportunity Assessment

9.1 India Bioresorbable Polymers Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Bioresorbable Polymers Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Bioresorbable Polymers Market - Competitive Landscape

10.1 India Bioresorbable Polymers Market Revenue Share, By Companies, 2024

10.2 India Bioresorbable Polymers Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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