How Green Is Your Biodegradable Medical Plastics Market?

The global biodegradable medical plastics market is expected to grow at a CAGR of 11.16% during the forecast period. Based on the application, the biodegradable medical plastics market has been segmented into medical devices, medical packaging, and others.

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The adoption of biodegradable medical plastics for manufacturing medical devices is high. There is significant adoption of biodegradable implants for orthopedic surgeries owing to their benefits over non-biodegradable stainless implants.

A biodegradable polymer implant can be engineered to degrade at a rate that slowly transfers the load to the healing bone, which reduces the chances of refracturing. The use of biodegradable polymer implants also eliminates the need for a second surgery for the removal of implants after bone healing. Hence, owing to the above-mentioned benefits, the demand for biodegradable medical implants is expected to grow rapidly. 

The number of patients with hearing impairment and related disorders is increasing across the world due to the rise in the aging population. This has led to the rise in need for medical devices such as hearing aids, which are manufactured from biodegradable plastics. Furthermore, there is a growing interest in the use of biodegradable plastics for site-specific drug delivery as coatings on medical devices. Such applications are likely to fuel the growth of the global biodegradable medical plastics market by medical devices during the forecast period.