Global Medical Polyglycolic Acid (PGA) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Medical Polyglycolic Acid (PGA) market size was valued at US$ 1323 million in 2024 and is forecast to a readjusted size of USD 1962 million by 2031 with a CAGR of 5.9% during review period.

PGA is a synthetic polymer material with good biodegradability and biocompatibility. Unlike traditional polymer materials with stable performance such as plastics and rubber, PGA as a material gradually degrades after a certain period of use, and eventually It turns into water and carbon dioxide that are harmless to the human body, animals, plants and the natural environment. It is one of the polymer materials with the best degradation performance currently known.

This report is a detailed and comprehensive analysis for global Medical Polyglycolic Acid (PGA) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Medical Polyglycolic Acid (PGA) market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031

Global Medical Polyglycolic Acid (PGA) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031

Global Medical Polyglycolic Acid (PGA) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031

Global Medical Polyglycolic Acid (PGA) market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Medical Polyglycolic Acid (PGA)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Medical Polyglycolic Acid (PGA) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sinopec, Shanghai Pujing Chemical, Yulin Energy Group, Danhua Technology, Huayang Medical, Shenzhen Polymtek Biomaterial, Kureha, Evonik, Teleflex, Corbion, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Medical Polyglycolic Acid (PGA) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Homopolymer
Copolymer
Block Copolymers

Market segment by Application
Medical Suture
Drug Controlled Release Carrier
Fracture Fixation Material
Tissue Engineering Scaffold
Stitched Reinforcement Material

Major players covered
Sinopec
Shanghai Pujing Chemical
Yulin Energy Group
Danhua Technology
Huayang Medical
Shenzhen Polymtek Biomaterial
Kureha
Evonik
Teleflex
Corbion

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Medical Polyglycolic Acid (PGA) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Medical Polyglycolic Acid (PGA), with price, sales quantity, revenue, and global market share of Medical Polyglycolic Acid (PGA) from 2020 to 2025.

Chapter 3, the Medical Polyglycolic Acid (PGA) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Medical Polyglycolic Acid (PGA) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Medical Polyglycolic Acid (PGA) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Medical Polyglycolic Acid (PGA).

Chapter 14 and 15, to describe Medical Polyglycolic Acid (PGA) sales channel, distributors, customers, research findings and conclusion.