| Product Code: ETC4502848 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Singapore bioresorbable polymers market is experiencing a surge in interest due to the increasing focus on sustainable and biocompatible materials. These polymers are designed to degrade naturally in the body, making them ideal for medical implants and drug delivery systems. The market growth is driven by advancements in biotechnology, healthcare, and a heightened awareness of environmental sustainability. As more applications are explored, this market is poised for substantial growth in the coming years.
The Singapore Bioresorbable Polymers market is driven by its applications in the medical and pharmaceutical sectors for the development of biodegradable implants and drug delivery systems. Bioresorbable polymers offer the advantage of breaking down in the body over time. As medical technology advances and the demand for minimally invasive and sustainable healthcare solutions grows, the demand for bioresorbable polymers is expected to rise, contributing to patient well-being and reduced environmental impact.
In the bioresorbable polymers market, Singapore encounters challenges related to research and development. Innovations in bioresorbable materials require substantial investments in biotechnology and materials science, making it essential for companies to secure funding and talent. Market growth also relies on regulatory approvals and healthcare industry adoption, which may present hurdles. Furthermore, concerns regarding the scalability of production and cost-effectiveness are significant obstacles in this market.
The COVID-19 pandemic had a varying impact on the Singapore bioresorbable polymers market. While the medical sector continued to rely on bioresorbable materials for certain applications, other industries faced disruptions in production and supply chain challenges. The pandemic underscored the importance of biocompatible materials, which may drive future demand for bioresorbable polymers as research and development in healthcare applications continue.
The Singapore bioresorbable polymers market has gained significant traction due to the growing focus on sustainability and environmentally friendly materials. Key players in this sector include Corbion, Evonik Industries, and Poly-Med, Inc. Corbion, a global leader in sustainable ingredient solutions, offers a wide range of bioresorbable polymers for medical and pharmaceutical applications. Evonik Industries, a specialty chemicals company, has a strong presence in the market, with its bioresorbable polymer portfolio catering to the healthcare and packaging industries. Poly-Med, Inc., a pioneer in bioresorbable polymers, has been a key player in driving innovation and research in the field, contributing to the overall growth of the market.
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 Singapore Bioresorbable Polymers Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Bioresorbable Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Bioresorbable Polymers Market - Industry Life Cycle |
3.4 Singapore Bioresorbable Polymers Market - Porter's Five Forces |
3.5 Singapore Bioresorbable Polymers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Bioresorbable Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Bioresorbable Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bioresorbable polymers in medical applications due to their biocompatibility and biodegradability |
4.2.2 Growing government initiatives to promote the use of bioresorbable polymers in Singapore |
4.2.3 Rising awareness among consumers about the environmental benefits of using bioresorbable polymers |
4.3 Market Restraints |
4.3.1 High cost of production and limited availability of raw materials for bioresorbable polymers |
4.3.2 Stringent regulatory requirements for the approval of bioresorbable polymer-based products in Singapore |
5 Singapore Bioresorbable Polymers Market Trends |
6 Singapore Bioresorbable Polymers Market, By Types |
6.1 Singapore Bioresorbable Polymers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Bioresorbable Polymers Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Bioresorbable Polymers Market Revenues & Volume, By Polylactic acid (PLA), 2021-2031F |
6.1.4 Singapore Bioresorbable Polymers Market Revenues & Volume, By Polyglycolic acid (PGA), 2021-2031F |
6.1.5 Singapore Bioresorbable Polymers Market Revenues & Volume, By Poly(lactic-co-glycolic acid) (PLGA), 2021-2031F |
6.1.6 Singapore Bioresorbable Polymers Market Revenues & Volume, By Polycaprolactone(PCL), 2021-2031F |
6.1.7 Singapore Bioresorbable Polymers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Bioresorbable Polymers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Bioresorbable Polymers Market Revenues & Volume, By Orthopedic devices, 2021-2031F |
6.2.3 Singapore Bioresorbable Polymers Market Revenues & Volume, By Drug delivery, 2021-2031F |
7 Singapore Bioresorbable Polymers Market Import-Export Trade Statistics |
7.1 Singapore Bioresorbable Polymers Market Export to Major Countries |
7.2 Singapore Bioresorbable Polymers Market Imports from Major Countries |
8 Singapore Bioresorbable Polymers Market Key Performance Indicators |
8.1 Percentage of bioresorbable polymers used in medical devices and implants |
8.2 Number of research and development collaborations in the field of bioresorbable polymers |
8.3 Adoption rate of bioresorbable polymers in various industries in Singapore |
9 Singapore Bioresorbable Polymers Market - Opportunity Assessment |
9.1 Singapore Bioresorbable Polymers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Bioresorbable Polymers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Bioresorbable Polymers Market - Competitive Landscape |
10.1 Singapore Bioresorbable Polymers Market Revenue Share, By Companies, 2024 |
10.2 Singapore Bioresorbable Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |