Polyglycerol Sebacate Market Share 2019 – Secant Group is leading player driving global growth
May 14, 2019
Global Market Insights, Inc. has recently added a new report on polyglycerol sebacate market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of polyglycerol sebacate (PGS) industry.
Selbyville, United States - May 14, 2019 /MarketersMedia/ —
The Polyglycerol Sebacate Market share from tissue engineering exceeded USD 20.2 million in 2018 and it will grow at 10% CAGR during 2019-2025. Tissue engineering applications, especially in cardiovascular tissue replacement itself provides a huge potential market for PGS because of its unmatched elastomeric properties. PGS also can be fabricated into highly porous scaffolds that mimic the natural tissue characteristics.
According to a report by GMI, polyglycerol sebacate market size will exceed US$ 81.42 million by 2025. PGS resin is being widely used in variety of biomedical applications as it exhibits both biocompatibility and biodegradability properties both highly important for biomedical applications. PGS involves cost effective production and can be up scaled easily with less complicated machinery.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/3101
Because of the flexible and elastomeric nature of PGS, its biomedical applications have mainly targeted soft tissue replacement and the engineering of soft tissues, such as cardiac muscle, blood, nerve, cartilage and retina. However, applications of PGS are being expanded to include drug delivery, tissue adhesive and hard tissue (i.e., bone) regeneration among others.
North America will have the largest share of the polyglycerol sebacate market by 2025. Rise in old age population, continuous R&D efforts, innovations in implant design and availability of advanced medical devices, rise in accident and trauma cases will fuel the North American PGS market.
According to a reliable estimate, about 14 million people in the U.S. alone suffer from joint, ligament, and tendon injuries each year. Many of these injuries require surgery, making the inclusion of biodegradable diagnostic sensors quite significant in improving the recovery experience of the patient. Needless to mention, the launch of such innovative products demonstrates the growth potential of the polyglycerol sebacate industry which is slated to surpass 80-million-dollar mark in terms of commercialization scale by 2025.
Browse key industry insights spread across 178 pages with 307 market data tables & 10 figures & charts from the report, “Polyglycerol Sebacate (PGS) Market Size By Form (Soft Gel, Paste, Extruded Products), By Application (Tissue Engineering, Drug Delivery, Adhesives, Coatings), Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, Saudi Arabia, UAE),Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/polyglycerol-sebacate-market
3D printed scaffolds show a promising polyglycerol sebacate market during the forecast period. PGS has gained popularity in regenerative medicine industry due its elastomeric properties and successful use with many applications. PGS is used as coating for improving the properties of bio textiles and promote healing process. PGS can be coated on wide range of bioresorbable bio textiles such as PET vascular grafts, polyglycolide, polypropylene hernia mesh, polyethylene heart valves.
At present, only Secant Group is a leading player of PGS resin in the business. However, there are many companies which produce PGS inhouse and consumer for laboratory and research purposes.
Partial Table of Contents (ToC) of the report:
Chapter 3. Global Polyglycerol Sebacate Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 – 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Profit margin analysis
3.3.3. Value addition at each stage
3.3.4. Distributor channel analysis
3.3.5. Vendor matrix
3.4. Innovation & sustainability
3.4.1. Patent analysis
3.4.2. Technology landscape
3.4.3. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.1.1. Rising product demand for tissue engineering and regenerative medicine in medical industry
3.5.1.2. Growing demand for biomedical textiles to improve healing process in medical industry
3.5.2. Industry pitfalls & challenges
3.5.2.1. Availability of several product substitutes and unavailability of long-term data on its performance attributes
3.6. Addressable market potential
3.7. Regulatory landscape
3.8. Growth potential analysis
3.9. Porter’s analysis
3.9.1. Supplier power
3.9.2. Buyer power
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Industry rivalry
3.10. Price trends
3.10.1. Cost structure analysis
3.10.1.1. R&D cost
3.10.1.2. Manufacturing & equipment cost
3.10.1.3. Raw material cost
3.10.1.4. Distribution cost
3.10.1.5. Operating cost
3.10.1.6. Miscellaneous cost
3.10.2. Price by form
3.10.3. Price by application
3.11. PESTEL analysis
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/polyglycerol-sebacate-market
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https://www.gminsights.com/industry-analysis/rapid-self-healing-gel-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights, Inc.
Phone: 18886890688
Website: https://www.gminsights.com/industry-analysis/polyglycerol-sebacate-market
Source: MarketersMedia
Release ID: 512157
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