PUBLISHER: QYResearch | PRODUCT CODE: 1873517
PUBLISHER: QYResearch | PRODUCT CODE: 1873517
The global market for PLGA was estimated to be worth US$ 89.4 million in 2024 and is forecast to a readjusted size of US$ 209 million by 2031 with a CAGR of 13.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on PLGA cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
PLGA (poly (lactic-co-glycolic acid)) is a unique base polymer for controlled release of drugs and medical implant materials. It is both biodegradable and biocompatible, and since both monomers occur naturally it has minimal toxicity. PLGA is naturally amorphous (not crystalline).
The PLGA (poly(lactic-co-glycolic acid)) market is experiencing significant growth, driven by its versatile applications in the biomedical field. PLGA's biodegradability and biocompatibility make it an ideal material for drug delivery systems, tissue engineering, and medical implants. Advancements in polymer chemistry have enhanced its properties, allowing for controlled degradation rates and improved mechanical strength, which expand its use in complex medical applications. The increasing prevalence of chronic diseases and the demand for personalized medicine further propel the adoption of PLGA-based products, as they offer tailored therapeutic solutions with reduced side effects.
Regionally, North America leads the PLGA market, attributed to its advanced healthcare infrastructure and substantial investments in research and development. The Asia-Pacific region is anticipated to witness the fastest growth, driven by expanding healthcare sectors in countries like China and India, along with rising demand for eco-friendly medical solutions. Europe also contributes significantly, with a focus on sustainable healthcare practices and stringent regulations favoring biodegradable materials. Despite challenges such as high production costs and competition from alternative materials, the PLGA market is poised for continued expansion, supported by ongoing technological innovations and increasing global healthcare investments.
This report aims to provide a comprehensive presentation of the global market for PLGA, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of PLGA by region & country, by Type, and by Application.
The PLGA market size, estimations, and forecasts are provided in terms of sales volume (Kg) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PLGA.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of PLGA manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of PLGA in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of PLGA in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.