| Product Code: ETC4502846 | 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 Thailand Bioresorbable Polymers Market is on the rise, driven by the increasing focus on environmentally friendly materials in the medical field. Bioresorbable polymers are used in medical implants and sutures, as they are designed to gradually degrade in the body, reducing the need for additional surgeries.
The Bioresorbable Polymers market in Thailand is witnessing robust growth, propelled by the increasing demand for biodegradable and implantable materials in the medical and pharmaceutical industries. Bioresorbable polymers, including polylactic acid (PLA) and polyglycolic acid (PGA), are gaining prominence for their use in sutures, implants, and drug delivery systems. The growth of the healthcare and pharmaceutical sectors, the rising emphasis on biocompatible materials, and the need for materials that degrade over time in Thailand are contributing to the adoption of bioresorbable polymers. Moreover, the focus on reducing environmental impact and the innovations in bioresorbable polymer formulations are further fueling the positive momentum of the bioresorbable polymers market.
The bioresorbable polymers market in Thailand encounters challenges related to market acceptance and the need for extensive research and development. Limited awareness among end-users about the benefits of bioresorbable polymers hampers their adoption in medical and pharmaceutical applications. The market also faces challenges in achieving the right balance between material properties, degradation rates, and cost-effectiveness. Regulatory complexities and the need for stringent testing protocols contribute to the challenges hindering the widespread use of bioresorbable polymers in the Thai market.
The Thailand Bioresorbable Polymers market faced challenges during the COVID-19 pandemic, with disruptions in medical and healthcare sectors affecting demand. Bioresorbable polymers, crucial for applications in medical implants and sutures, encountered delays in projects. Post-pandemic, the market is recovering as healthcare activities resume, with increased emphasis on bioresorbable materials for their biocompatibility and degradability. The Thailand Bioresorbable Polymers market remains essential in providing innovative solutions for medical applications that require temporary support and subsequent absorption.
Key players in the Thailand Bioresorbable Polymers market include Corbion NV, Evonik Industries AG, Poly-Med, Inc., Foster Corporation, and KLS Martin Group.
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 Thailand Bioresorbable Polymers Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Bioresorbable Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Bioresorbable Polymers Market - Industry Life Cycle |
3.4 Thailand Bioresorbable Polymers Market - Porter's Five Forces |
3.5 Thailand Bioresorbable Polymers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Bioresorbable Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand 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 awareness about environmental sustainability leading to a shift towards eco-friendly materials |
4.2.3 Government initiatives promoting the use of bioresorbable polymers in various industries |
4.3 Market Restraints |
4.3.1 High production costs associated with bioresorbable polymers compared to traditional plastics |
4.3.2 Limited availability of raw materials for bioresorbable polymers production |
4.3.3 Challenges in maintaining consistent quality and performance of bioresorbable polymers |
5 Thailand Bioresorbable Polymers Market Trends |
6 Thailand Bioresorbable Polymers Market, By Types |
6.1 Thailand Bioresorbable Polymers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Bioresorbable Polymers Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Bioresorbable Polymers Market Revenues & Volume, By Polylactic acid (PLA), 2021-2031F |
6.1.4 Thailand Bioresorbable Polymers Market Revenues & Volume, By Polyglycolic acid (PGA), 2021-2031F |
6.1.5 Thailand Bioresorbable Polymers Market Revenues & Volume, By Poly(lactic-co-glycolic acid) (PLGA), 2021-2031F |
6.1.6 Thailand Bioresorbable Polymers Market Revenues & Volume, By Polycaprolactone(PCL), 2021-2031F |
6.1.7 Thailand Bioresorbable Polymers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Bioresorbable Polymers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Bioresorbable Polymers Market Revenues & Volume, By Orthopedic devices, 2021-2031F |
6.2.3 Thailand Bioresorbable Polymers Market Revenues & Volume, By Drug delivery, 2021-2031F |
7 Thailand Bioresorbable Polymers Market Import-Export Trade Statistics |
7.1 Thailand Bioresorbable Polymers Market Export to Major Countries |
7.2 Thailand Bioresorbable Polymers Market Imports from Major Countries |
8 Thailand Bioresorbable Polymers Market Key Performance Indicators |
8.1 Research and development investment in new bioresorbable polymer technologies |
8.2 Number of patents filed for bioresorbable polymer innovations |
8.3 Adoption rate of bioresorbable polymers in key industries such as healthcare and packaging |
8.4 Environmental impact assessments and certifications for bioresorbable polymer products |
8.5 Partnerships or collaborations between bioresorbable polymer manufacturers and key industry players |
9 Thailand Bioresorbable Polymers Market - Opportunity Assessment |
9.1 Thailand Bioresorbable Polymers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Bioresorbable Polymers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Bioresorbable Polymers Market - Competitive Landscape |
10.1 Thailand Bioresorbable Polymers Market Revenue Share, By Companies, 2024 |
10.2 Thailand Bioresorbable Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |