Global Bio-Compatible Polymers Market (2023 Edition): Analysis By Product Type (Synthetic, Natural), Polymer (PEEK, PTFE, PHAs, PVC, Others), End-Use, By Region, By Country: Market Insights and Forecast (2019-2029)

Global Bio-Compatible Polymers Market (2023 Edition): Analysis By Product Type (Synthetic, Natural), Polymer (PEEK, PTFE, PHAs, PVC, Others), End-Use, By Region, By Country: Market Insights and Forecast (2019-2029)


Executive Summary

Azoth Analytics has released research named “Global Bio-Compatible Polymers Market (2023 Edition)” which provides a complete analysis of the Global Bio-Compatible Polymers Market industry in terms of market segmentation by Product Type (Synthetic Polymer, Natural Polymer), Polymer (Polyetheretherketone - PEEK), Polytetrafluoroethylene - PTFE, Polyhydroxyalkanoates - PHAs, Polyvinylchloride - PVC, Other Polymers) and End-use (Surgical & Medical Instruments, Implants, Drug Delivery, Other End-uses), for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.

The research report covers a detailed analysis of the regions (Americas, Europe, APAC, Middle East and Africa) and 10 countries (United States, Canada, Brazil, Germany, United Kingdom, France, Australia, Japan, China, South Korea). Additionally, the research report presents data including market size, yearly growth and potential analysis, the competitive study of market players, investment opportunities and demand forecast. The research report also assesses growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.

During the forecast period, 2024-2029, the Global Bio-Compatible Polymers Market is expected to expand at a CAGR of 13%. The market is expanding as a consequence of rising consumer awareness of and demand for biocompatible materials used in a variety of applications, including medical devices, drug delivery systems, tissue engineering, and biodegradable packaging. Innovations in polymer science and technology, along with an increasing focus on environmentally friendly and sustainable solutions, are encouraging the creation of novel, biocompatible polymers with improved qualities.

The Global Bio-Compatible Polymers Market is expected to generate USD 28.7 billion by the end of 2029, up from USD 12.76 billion in 2022. The rising demand for bio-compatible polymers in medical and surgical applications, increased public awareness of the advantages of using biocompatible materials over conventional metals and plastics, and technological developments in the field of biomaterials research are all factors contributing to the expansion of this market. The high cost of R&D operations, however, is in some ways limiting this market's expansion.

The increasing demand for blood-compatible polymers for drug delivery applications is a significant driver in the growth of the biocompatible polymers industry. Blood-compatible polymers, also known as hemocompatible polymers, are materials that do not trigger adverse reactions or clotting when they come into contact with blood. These polymers are crucial for developing safe and effective drug delivery systems that can circulate within the bloodstream without causing harm to the patient.

The demand for blood-compatible polymers extends to a wide range of drug delivery applications, including cancer treatment, cardiovascular therapies, and treatment of chronic diseases. This diversity of applications contributes to the growth of the bio-compatible polymers industry.

Scope of the Report:
  • The report analyses the Global Bio-Compatible Polymers Market by Value (USD Billion).
  • The report presents the analysis of the Global Bio-Compatible Polymers Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.
  • The report analyses the Global Bio-Compatible Polymers Market by Product Type (Synthetic Polymer, Natural Polymer).
  • The report analyses the Bio-Compatible Polymers Market by Polymer (Polyetheretherketone (PEEK), Polytetrafluoroethylene (PTFE), Polyhydroxyalkanoates (PHAs), Polyvinylchloride (PVC), Other Polymers).
  • The report analyses the Bio-Compatible Polymers Market by End-use (Surgical & Medical Instruments, Implants, Drug Delivery, Other End-uses).
  • The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Product Type, by Polymer and by End-use.
  • Also, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include BASF, Covestro Group, Avient, Celanese Corporation, DIC Group, Johnson Matthey, Evonik, Mitsubishi Chemical Group, Victrex, Sekisui Chemical.


1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
2.1 Material selection
2.2 Scaling up the Production Capacity for a Successful Commercialisation
3. Global Bio-Compatible Polymers Market: Historic and Forecast (2019-2029)
3.1 Impact Analysis of Macro Economic Factors on Bio-Compatible Polymers Market
Table A1: Global Impact of Macro Economic Factors, By Region
3.2 Global Bio-Compatible Polymers Market: Global Suppliers of PLAs
Table A2: Global suppliers of PLAs
3.3 Global Bio-Compatible Polymers Market: Global Suppliers of PHAs
Table A3: Global suppliers of various types of PHAs
3.4 Global Bio-Compatible Polymers Market: Global Producers of PBS
Table A4: Global Producers of PBS
3.5 Global Bio-Compatible Polymers Market: Patent Applications in Medical Technology
Table A5: Patent applications in the medical technology field filed with EPO in 2021
Table A6: Top 10 technical fields in patent applications
3.6 Global Bio-Compatible Polymers Market: List of Common Medical Devices/ Implants
Table A7: List of Common Medical Devices/ Implants
3.7 Global Bio-Compatible Polymers Market: Plastic Types Commonly Found in Healthcare
Table A8: Plastic types commonly found in healthcare
3.8 Global Bio-Compatible Polymers Market: Dashboard
3.9 Global Bio-Compatible Polymers Market: Market Value Assessment, 2019-2029 (USD Billion)
Table 1: Global Bio-Compatible Polymers Market Size, By Value, 2019-2022 (USD Billion)
Table 2: Global Bio-Compatible Polymers Market Size, By Value, 2023-2029 (USD Billion)
Table 3: Global Bio-Compatible Polymers Market Share, By Polymer, 2022 (%)
3.10 Impact of COVID-19 on Bio-Compatible Polymers Market
3.11 Global Bio-Compatible Polymers Market Segmentation: By Product Type
3.11.1 Global Bio-Compatible Polymers Market, By Product Type Overview
3.11.2 Global Bio-Compatible Polymers Market Size, By Synthetic Polymer, By Value, 2019H-2029F (USD Billion & CAGR)
Table 4: Global Bio-Compatible Polymers Market Size, By Synthetic Polymer, By Value, 2019H-2029F (USD Billion & CAGR)
Table 5: Global Bio-Compatible Polymers Market Absolute Opportunity, By Synthetic Polymer, 2019-2029 (USD Billion)
3.11.3 Global Bio-Compatible Polymers Market Size, By Natural Polymer, By Value, 2019H-2029F (USD Billion & CAGR)
Table 6: Global Bio-Compatible Polymers Market Size, Natural Polymer, By Value, 2019H-2029F (USD Billion & CAGR)
Table 7: Global Bio-Compatible Polymers Market Absolute Opportunity, By Natural Polymer, 2019-2029 (USD Billion)
3.12 Global Bio-Compatible Polymers Market Segmentation: By Polymer
3.12.1 Global Bio-Compatible Polymers Market, By Polymer Overview
3.12.2 Global Bio-Compatible Polymers Market Size, By Polyetheretherketone (PEEK), By Value, 2019H-2029F (USD Billion & CAGR)
Table 8: Global Bio-Compatible Polymers Market Size, By Polyetheretherketone (PEEK), By Value, 2019H-2029F (USD Billion & CAGR)
Table 9: Global Bio-Compatible Polymers Market Absolute Opportunity, By Polyetheretherketone (PEEK), 2019-2029 (USD Billion)
3.12.3 Global Bio-Compatible Polymers Market Size, By Polytetrafluoroethylene (PTFE), By Value, 2019H-2029F (USD Billion & CAGR)
Table 10: Global Bio-Compatible Polymers Market Size, By Polytetrafluoroethylene (PTFE), By Value, 2019H-2029F (USD Billion & CAGR)
Table 11: Global Bio-Compatible Polymers Market Absolute Opportunity, By Polytetrafluoroethylene (PTFE), 2019-2029 (USD Billion)
3.12.4 Global Bio-Compatible Polymers Market Size, By Polyhydroxyalkanoates (PHAs), By Value, 2019H-2029F (USD Billion & CAGR)
Table 12: Global Bio-Compatible Polymers Market Size, By Polyhydroxyalkanoates (PHAs), By Value, 2019H-2029F (USD Billion & CAGR)
Table 13: Global Bio-Compatible Polymers Market Absolute Opportunity, By Polyhydroxyalkanoates (PHAs), 2019-2029 (USD Billion)
3.12.5 Global Bio-Compatible Polymers Market Size, By Polyvinylchloride (PVC), By Value, 2019H-2029F (USD Billion & CAGR)
Table 14: Global Bio-Compatible Polymers Market Size, By Polyvinylchloride (PVC), By Value, 2019H-2029F (USD Billion & CAGR)
Table 15: Global Bio-Compatible Polymers Market Absolute Opportunity, By Polyvinylchloride (PVC), 2019-2029 (USD Billion)
3.12.6 Global Bio-Compatible Polymers Market Size, By Other Polymers, By Value, 2019H-2029F (USD Billion & CAGR)
Table 16: Global Bio-Compatible Polymers Market Size, By Other Polymers, By Value, 2019H-2029F (USD Billion & CAGR)
Table 17: Global Bio-Compatible Polymers Market Absolute Opportunity, By Other Polymers, 2019-2029 (USD Billion)
3.13 Global Bio-Compatible Polymers Market Segmentation: By End-use
3.13.1 Global Bio-Compatible Polymers Market, By End-use Overview
3.13.2 Global Bio-Compatible Polymers Market Size, By Surgical & Medical Instruments, By Value, 2019H-2029F (USD Billion & CAGR)
Table 18: Global Bio-Compatible Polymers Market Size, By Surgical & Medical Instruments, By Value, 2019H-2029F (USD Billion & CAGR)
Table 19: Global Bio-Compatible Polymers Market Absolute Opportunity, By Surgical & Medical Instruments, 2019-2029 (USD Billion)
3.13.3 Global Bio-Compatible Polymers Market Size, By Implants, By Value, 2019H-2029F (USD Billion & CAGR)
Table 20: Global Bio-Compatible Polymers Market Size, By Implants, By Value, 2019H-2029F (USD Billion & CAGR)
Table 21: Global Bio-Compatible Polymers Market Absolute Opportunity, By Implants, 2019-2029 (USD Billion)
3.13.4 Global Bio-Compatible Polymers Market Size, By Drug Delivery, By Value, 2019H-2029F (USD Billion & CAGR)
Table 22: Global Bio-Compatible Polymers Market Size, By Drug Delivery, By Value, 2019H-2029F (USD Billion & CAGR)
Table 23: Global Bio-Compatible Polymers Market Absolute Opportunity, By Drug Delivery, 2019-2029 (USD Billion)
3.13.5 Global Bio-Compatible Polymers Market Size, By Other End-uses, By Value, 2019H-2029F (USD Billion & CAGR)
Table 24: Global Bio-Compatible Polymers Market Size, By Other End-uses, By Value, 2019H-2029F (USD Billion & CAGR)
Table 25: Global Bio-Compatible Polymers Market Absolute Opportunity, By Other End-uses, 2019-2029 (USD Billion)
4. Global Bio-Compatible Polymers Market: Regional Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Bio-Compatible Polymers Market: Historic and Forecast (2019-2029)
5.1 Americas Bio-Compatible Polymers Market: Snapshot
5.2 Americas Bio-Compatible Polymers Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)
Table 26: Americas Bio-Compatible Polymers Market Size, By Value, 2019H-2029F (USD Billion)
Table 27: Americas Bio-Compatible Polymers Market Share, By Polymer, 2022 (%)
5.3 Americas Bio-Compatible Polymers Market: Key Factors
5.4 Americas Bio-Compatible Polymers Market Segmentation: By Product Type
5.4.1 Americas Bio-Compatible Polymers Market, By Product Type Overview
5.4.2 Americas Bio-Compatible Polymers Market Size, By Synthetic Polymer, By Value, 2019H-2029F (USD Billion & CAGR)
Table 28: Americas Bio-Compatible Polymers Market, By Synthetic Polymer, By Value, 2019H-2029F (USD Billion & CAGR)
5.4.3 Americas Bio-Compatible Polymers Market Size, By Natural Polymer, By Value, 2019H-2029F (USD Billion & CAGR)
Table 29: Americas Bio-Compatible Polymers Market, By Natural Polymer, By Value, 2019H-2029F (USD Billion & CAGR)
5.5 Americas Bio-Compatible Polymers Market Segmentation: By Polymer
5.5.1 Americas Bio-Compatible Polymers Market, By Polymer Overview
5.5.2 Americas Bio-Compatible Polymers Market Size, By Polyetheretherketone (PEEK), By Value, 2019H-2029F (USD Billion & CAGR)
Table 30: Americas Bio-Compatible Polymers Market, By Polyetheretherketone (PEEK), By Value, 2019H-2029F (USD Billion & CAGR)
5.5.3 Americas Bio-Compatible Polymers Market Size, By Polytetrafluoroethylene (PTFE), By Value, 2019H-2029F (USD Billion & CAGR)
Table 31: Americas Bio-Compatible Polymers Market, By Polytetrafluoroethylene (PTFE), By Value, 2019H-2029F (USD Billion & CAGR)
5.5.4 Americas Bio-Compatible Polymers Market Size, By Polyhydroxyalkanoates (PHAs), By Value, 2019H-2029F (USD Billion & CAGR)
Table 32: Americas Bio-Compatible Polymers Market, By Polyhydroxyalkanoates (PHAs), By Value, 2019H-2029F (USD Billion & CAGR)
5.5.5 Americas Bio-Compatible Polymers Market Size, By Polyvinylchloride (PVC), By Value, 2019H-2029F (USD Billion & CAGR)
Table 33: Americas Bio-Compatible Polymers Market, By Polyvinylchloride (PVC), By Value, 2019H-2029F (USD Billion & CAGR)
5.5.6 Americas Bio-Compatible Polymers Market Size, By Other Polymers, By Value, 2019H-2029F (USD Billion & CAGR)
Table 34: Americas Bio-Compatible Polymers Market, By Other Polymers, By Value, 2019H-2029F (USD Billion & CAGR)
5.6 Americas Bio-Compatible Polymers Market Segmentation: By End-use
5.6.1 Americas Bio-Compatible Polymers Market, By End-use Overview
5.6.2 Americas Bio-Compatible Polymers Market Size, By Surgical & Medical Instruments, By Value, 2019H-2029F (USD Billion & CAGR)
Table 35: Americas Bio-Compatible Polymers Market, By Surgical & Medical Instruments, By Value, 2019H-2029F (USD Billion & CAGR)
5.6.3 Americas Bio-Compatible Polymers Market Size, By Implants, By Value, 2019H-2029F (USD Billion & CAGR)
Table 36: Americas Bio-Compatible Polymers Market, Implants, By Value, 2019H-2029F (USD Billion & CAGR)
5.6.4 Americas Bio-Compatible Polymers Market Size, By Drug Delivery, By Value, 2019H-2029F (USD Billion & CAGR)
Table 37: Americas Bio-Compatible Polymers Market, By Drug Delivery, By Value, 2019H-2029F (USD Billion & CAGR)
5.6.5 Americas Bio-Compatible Polymers Market Size, By Other End-uses, By Value, 2019H-2029F (USD Billion & CAGR)
Table 38: Americas Bio-Compatible Polymers Market, By Other End-uses, By Value, 2019H-2029F (USD Billion & CAGR)
5.7 Americas Bio-Compatible Polymers Market Segmentation: By Country
5.7.1 Americas Bio-Compatible Polymers Market, By Country Overview
5.7.2 United States Bio-Compatible Polymers Market: Market Size and CAGR, 2019-2029 (USD Billion & CAGR)
Table 39: United States Bio-Compatible Polymers Market, By Value, 2019-2029 (USD Billion & CAGR)
Table 40: United States Bio-Compatible Polymers Market Value, By Polymer, 2022 (USD Billion)
5.7.2.1

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