Canada Polymeric Biomaterials Market Size & Outlook
Canada polymeric biomaterials market, 2018-2030 (US$M)
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Canada polymeric biomaterials market highlights
- The Canada polymeric biomaterials market generated a revenue of USD 1,230.5 million in 2023 and is expected to reach USD 3,508.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 16.1% from 2024 to 2030.
- In terms of segment, polylactic acid (pla) was the largest revenue generating product in 2023.
- Polytetrafluoroethylene (PTFE) & expanded polytetrafluoroethylene (ePTFE) is the most lucrative product segment registering the fastest growth during the forecast period.
Polymeric biomaterials market data book summary
| Market revenue in 2023 | USD 1,230.5 million |
| Market revenue in 2030 | USD 3,508.4 million |
| Growth rate | 16.1% (CAGR from 2023 to 2030) |
| Largest segment | Polylactic acid (pla) |
| Fastest growing segment | Polytetrafluoroethylene (PTFE) & expanded polytetrafluoroethylene (ePTFE) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polylactic Acid (PLA), Polyglycolic Acid (PGA), Polyurathanes, Polytetrafluoroethylene (PTFE) & expanded polytetrafluoroethylene (ePTFE), Polyaryletheretherketone (PEEK), Polydioxanone (PDO) |
| Key market players worldwide | Stryker Corp, Basf SE, Evonik Industries AG, DSM, Bezwada Biomedical, Corbion NV, Victrex PLC, Covalon Technologies Ltd, Medtronic PLC, Abbott Laboratories, Elixirr International PLC Ordinary Shares, REVA Medical, Meril Life, MicroPort Scientific Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 2.4% of the global polymeric biomaterials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polymeric biomaterials market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,508.4 million by 2030.
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Polymeric Biomaterials Market Scope
Polymeric Biomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada polymeric biomaterials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polymeric biomaterials market will help companies and investors design strategic landscapes.
Polylactic acid (pla) was the largest segment with a revenue share of 20.28% in 2023. Horizon Databook has segmented the Canada polymeric biomaterials market based on polylactic acid (pla), polyglycolic acid (pga), polyurathanes, polytetrafluoroethylene (ptfe) & expanded polytetrafluoroethylene (eptfe), polyaryletheretherketone (peek), polydioxanone (pdo) covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada polymeric biomaterials market, including forecasts for subscribers. This country databook contains high-level insights into Canada polymeric biomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada polymeric biomaterials market report size, by product, 2018-2030 (US$M)
Canada Polymeric Biomaterials Market Share, 2023 & 2030 (US$M)
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