Polylactic Acid (PLA) - Medical Polymers Market Statistics
The global polylactic acid (pla) medical polymers market size was valued at US$ 268.5 million in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 10.3% from 2022 to 2030.
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Polylactic acid (pla) - Medical polymers market highlights
- The global polylactic acid (pla) segment generated a revenue of USD 268.5 million in 2022 and is expected to reach USD 588.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 10.3% by 2030.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Market summary
| Market revenue in 2022 | USD 268.5 million |
| Market revenue in 2030 | USD 588.9 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
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