Global Biodegradable Medical Plastics Market 2023-2027

Description

List of Tables

Technavio has been monitoring the biodegradable medical plastics market and is forecast to grow by USD 331.03 mn during 2022-2027, accelerating at a CAGR of 11.9% during the forecast period. Our report on the biodegradable medical plastics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing geriatric population, the global rise in orthopedic disorders, and the increasing preference for sustainable products.

Technavio's biodegradable medical plastics market is segmented as below:

By Application

Medical devices
Medical packaging
Others

By Type

Polylactic acid
Polyhydroxyalkanoates
Polybutylene succinate
Polycaprolactone
Polyvinyl alcohol

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the adoption of innovative raw materials as one of the prime reasons driving the biodegradable medical plastics market growth during the next few years. Also, emerging applications of biodegradable medical plastics and the rising use of biodegradable composite materials for implants will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the biodegradable medical plastics market covers the following areas:

Biodegradable medical plastics market sizing
Biodegradable medical plastics market forecast
Biodegradable medical plastics market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biodegradable medical plastics market vendors that include Arkema Group, Arthrex Inc., Ashland Inc., BASF SE, Bio on SpA, Celanese Corp., Corbion nv, Danimer Scientific Inc., Eastman Chemical Co., Kaneka Corp., Koninklijke DSM NV, Medtronic Plc, Mitsubishi Chemical Corp., Natupharma AS, NatureWorks LLC, Neste Corp., Nutricare Holding Pty Ltd, Surmodics Inc., TEYSHA TECHNOLOGIES LTD, and Evonik Industries AG. Also, the biodegradable medical plastics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71171

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global biodegradable medical plastics market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global biodegradable medical plastics market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Medical devices - Market size and forecast 2022-2027
Exhibit 34: Chart on Medical devices - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Medical devices - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Medical devices - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Medical devices - Year-over-year growth 2022-2027 (%)
6.4 Medical packaging - Market size and forecast 2022-2027
Exhibit 38: Chart on Medical packaging - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Medical packaging - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Medical packaging - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Medical packaging - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ million)
Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 48: Chart on Type - Market share 2022-2027 (%)
Exhibit 49: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Poly lactic acid - Market size and forecast 2022-2027
Exhibit 52: Chart on Poly lactic acid - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Poly lactic acid - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Poly lactic acid - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Poly lactic acid - Year-over-year growth 2022-2027 (%)
7.4 Polyhydroxyalkanoates - Market size and forecast 2022-2027
Exhibit 56: Chart on Polyhydroxyalkanoates - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Polyhydroxyalkanoates - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Polyhydroxyalkanoates - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Polyhydroxyalkanoates - Year-over-year growth 2022-2027 (%)
7.5 Polybutylene succinate - Market size and forecast 2022-2027
Exhibit 60: Chart on Polybutylene succinate - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Polybutylene succinate - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Polybutylene succinate - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Polybutylene succinate - Year-over-year growth 2022-2027 (%)
7.6 Polycaprolactone - Market size and forecast 2022-2027
Exhibit 64: Chart on Polycaprolactone - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Polycaprolactone - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Polycaprolactone - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Polycaprolactone - Year-over-year growth 2022-2027 (%)
7.7 Polyvinyl alcohol - Market size and forecast 2022-2027
Exhibit 68: Chart on Polyvinyl alcohol - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Data Table on Polyvinyl alcohol - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Chart on Polyvinyl alcohol - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Polyvinyl alcohol - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Type
Exhibit 72: Market opportunity by Type ($ million)
Exhibit 73: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 76: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Germany - Market size and forecast 2022-2027
Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.10 France - Market size and forecast 2022-2027
Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on France - Year-over-year growth 2022-2027 (%)
9.11 China - Market size and forecast 2022-2027
Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 115: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 116: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 117: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 119: Market opportunity By Geographical Landscape ($ million)
Exhibit 120: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 Arkema Group
Exhibit 127: Arkema Group - Overview
Exhibit 128: Arkema Group - Business segments
Exhibit 129: Arkema Group - Key news
Exhibit 130: Arkema Group - Key offerings
Exhibit 131: Arkema Group - Segment focus
12.4 Arthrex Inc.
Exhibit 132: Arthrex Inc. - Overview
Exhibit 133: Arthrex Inc. - Product / Service
Exhibit 134: Arthrex Inc. - Key offerings
12.5 Ashland Inc.
Exhibit 135: Ashland Inc. - Overview
Exhibit 136: Ashland Inc. - Business segments
Exhibit 137: Ashland Inc. - Key news
Exhibit 138: Ashland Inc. - Key offerings
Exhibit 139: Ashland Inc. - Segment focus
12.6 BASF SE
Exhibit 140: BASF SE - Overview
Exhibit 141: BASF SE - Business segments
Exhibit 142: BASF SE - Key news
Exhibit 143: BASF SE - Key offerings
Exhibit 144: BASF SE - Segment focus
12.7 Bio on SpA
Exhibit 145: Bio on SpA - Overview
Exhibit 146: Bio on SpA - Product / Service
Exhibit 147: Bio on SpA - Key offerings
12.8 Celanese Corp.
Exhibit 148: Celanese Corp. - Overview
Exhibit 149: Celanese Corp. - Business segments
Exhibit 150: Celanese Corp. - Key offerings
Exhibit 151: Celanese Corp. - Segment focus
12.9 Corbion nv
Exhibit 152: Corbion nv - Overview
Exhibit 153: Corbion nv - Business segments
Exhibit 154: Corbion nv - Key news
Exhibit 155: Corbion nv - Key offerings
Exhibit 156: Corbion nv - Segment focus
12.10 Danimer Scientific Inc.
Exhibit 157: Danimer Scientific Inc. - Overview
Exhibit 158: Danimer Scientific Inc. - Product / Service
Exhibit 159: Danimer Scientific Inc. - Key offerings
12.11 Eastman Chemical Co.
Exhibit 160: Eastman Chemical Co. - Overview
Exhibit 161: Eastman Chemical Co. - Business segments
Exhibit 162: Eastman Chemical Co. - Key offerings
Exhibit 163: Eastman Chemical Co. - Segment focus
12.12 Evonik Industries AG
Exhibit 164: Evonik Industries AG - Overview
Exhibit 165: Evonik Industries AG - Business segments
Exhibit 166: Evonik Industries AG - Key news
Exhibit 167: Evonik Industries AG - Key offerings
Exhibit 168: Evonik Industries AG - Segment focus
12.13 Kaneka Corp.
Exhibit 169: Kaneka Corp. - Overview
Exhibit 170: Kaneka Corp. - Business segments
Exhibit 171: Kaneka Corp. - Key offerings
Exhibit 172: Kaneka Corp. - Segment focus
12.14 Koninklijke DSM NV
Exhibit 173: Koninklijke DSM NV - Overview
Exhibit 174: Koninklijke DSM NV - Business segments
Exhibit 175: Koninklijke DSM NV - Key news
Exhibit 176: Koninklijke DSM NV - Key offerings
Exhibit 177: Koninklijke DSM NV - Segment focus
12.15 Medtronic Plc
Exhibit 178: Medtronic Plc - Overview
Exhibit 179: Medtronic Plc - Business segments
Exhibit 180: Medtronic Plc - Key news
Exhibit 181: Medtronic Plc - Key offerings
Exhibit 182: Medtronic Plc - Segment focus
12.16 Mitsubishi Chemical Corp.
Exhibit 183: Mitsubishi Chemical Corp. - Overview
Exhibit 184: Mitsubishi Chemical Corp. - Business segments
Exhibit 185: Mitsubishi Chemical Corp. - Key news
Exhibit 186: Mitsubishi Chemical Corp. - Key offerings
Exhibit 187: Mitsubishi Chemical Corp. - Segment focus
12.17 NatureWorks LLC
Exhibit 188: NatureWorks LLC - Overview
Exhibit 189: NatureWorks LLC - Product / Service
Exhibit 190: NatureWorks LLC - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 191: Inclusions checklist
Exhibit 192: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 193: Currency conversion rates for US$
13.4 Research methodology
Exhibit 194: Research methodology
Exhibit 195: Validation techniques employed for market sizing
Exhibit 196: Information sources
13.5 List of abbreviations
Exhibit 197: List of abbreviations