Global Bio Based Polyethylene Terephthalate Market Research Report 2022
The bio-absorbable implant is chemical compounds which are designed to be absorbed by the body without eliciting the immune response. Bio-Absorbable implants are used to overcome the issues like rigidity, radiopacity, infections, growth disturbances, etc. Bio-Absorbable implants are an internal fixation of fractures, ligament injuries, arthrodesis, and osteotomies. Bio-Absorbable implants maintain fixation and decompose gradually without no stress shielding. They do not require a surgical procedure for removal. They are different types of materials are used for Bio-Absorbable implants namely polyglycolic acid, polylactic acid, polydioxanone, etc. Polyglycolic acid occurs in different forms namely poly Dextro- and polylevolactic acid. The degradation of Bio-Absorbable implants mainly occurred by hydrolytic breaking and non-specific enzymatic reactions. The degradation rate of Bio-Absorbable implants varies, a polylevolactic acid having the longer degradation time. The Bio-Absorbable Implants completely adsorbed within the bone tissue and the degradation proceeds. Newer Bio-Absorbable polymers offer reduced incidence of side effects along with more resorption time parameters. The commercially available Bio-Absorbable implant includes pins and screws. They are more tensile and flexible when compared to traditional implants with easy adoption.
Due to the COVID-19 pandemic, the global Bio Based Polyethylene Terephthalate market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Bio Based Polyethylene Terephthalate market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Bio Based Polyethylene Terephthalate landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Bio-Absorbable implants are the best replacement for bionic materials; they do not require a surgical procedure to remove devices. Additionally, the risk of peri-implant osteoporosis, infection, stress shielding reduced. They are biocompatible and placed across the mobile surfaces which reduce concerns about complications. The use of Bio-Absorbable implants now extends to spinal reconstructive surgeries. In spinal surgeries, implants mostly used for anterior interbody construction, bone graft harvest site reconstruction, band plating, and graft containment. Bio-absorbable implants offer an advantage of radiolucency, reduced need for hardware removal, facilitates radiographic examination and allow load transfer to the healing tissues. They also provide mechanical strength like bionic materials which required for fixation of fractures. All these factors act as a driver for burgeoning growth of Bio-Absorbable implant market.
This report focuses on Bio Based Polyethylene Terephthalate volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Bio Based Polyethylene Terephthalate market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Bio Based Polyethylene Terephthalate Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polyglycolic Acid
Polylactic Acid
Polydioxanone
Segment by Application
Fracture Fixation
Ligament Injuries
Arthrodesis
Osteotomies
Spinal Injuries
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Bioretec
TEKNIMED
Stryker
Smith & Nephew
Biocomposites
Tesco Associates
SBM France
Due to the COVID-19 pandemic, the global Bio Based Polyethylene Terephthalate market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Bio Based Polyethylene Terephthalate market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Bio Based Polyethylene Terephthalate landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Bio-Absorbable implants are the best replacement for bionic materials; they do not require a surgical procedure to remove devices. Additionally, the risk of peri-implant osteoporosis, infection, stress shielding reduced. They are biocompatible and placed across the mobile surfaces which reduce concerns about complications. The use of Bio-Absorbable implants now extends to spinal reconstructive surgeries. In spinal surgeries, implants mostly used for anterior interbody construction, bone graft harvest site reconstruction, band plating, and graft containment. Bio-absorbable implants offer an advantage of radiolucency, reduced need for hardware removal, facilitates radiographic examination and allow load transfer to the healing tissues. They also provide mechanical strength like bionic materials which required for fixation of fractures. All these factors act as a driver for burgeoning growth of Bio-Absorbable implant market.
This report focuses on Bio Based Polyethylene Terephthalate volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Bio Based Polyethylene Terephthalate market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Bio Based Polyethylene Terephthalate Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polyglycolic Acid
Polylactic Acid
Polydioxanone
Segment by Application
Fracture Fixation
Ligament Injuries
Arthrodesis
Osteotomies
Spinal Injuries
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Bioretec
TEKNIMED
Stryker
Smith & Nephew
Biocomposites
Tesco Associates
SBM France
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