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Showing posts with the label Polyglycolic Acid Market Growth

Polyglycolic Acid Market Size COVID-19 Impact Analysis and Industry Forecast Report, 2028

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  Market Scenario The global  Polyglycolic Acid Market Size   could expect to achieve a significant CAGR during the forecast period (2022-2030), says Market Research Future (MRFR). MRFR believes that the boost in demand for polyglycolic acid in the healthcare industry could be one of the chief factors favoring the said growth. Growth Drivers and Top Restraints A hike in demand for absorbable suture as well as other advanced surgical tools is a prevalent trend in the medical industry, which has favored the polyglycolic acid (polyglycolide) market. The United States (U.S.) healthcare expenditure in 2016 was close to USD 3.3 trillion. Furthermore, healthcare investment came to about 18% of the overall of GDP the same year. These factors are set to boost industry growth by 2024. Polyglycolic acid finds a range of applications in the medical field, such as biodegradable bone graft polymers, absorbable sutures, dental surgeries, in the regeneration of organs, in drug delivery v...

Biomedical Applications to Propel Global Polyglycolic Acid Market Growth 2022

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    Polyglycolic Acid Market Overview: The global polyglycolic acid market is getting traction from a vast range of sectors owing to its biodegradable properties which have made it the choicest option in the surgical suture material. Its high tensile strength, hydrolytic stability, and knotting ability have spurred its use in the healthcare sector. The global  Polyglycolic Acid (PGA) Market  can expect robust growth during the forecast period (2021-2030) reveals Market Research Future (MRFR) in a detailed analysis that encompasses sectors such as segments and drivers. This component has been revolutionizing healthcare sector for quite some time now. From drug formulation and treatments to manufacturing of implantable devices; it is now common in various applications such as orthopedics, pacemakers, cardiovascular stents, defibrillators, and others. Furthermore, in cosmetic surgery, food packaging, and recyclable formation of pet bottles, and as a barrier during shale...