Introducing Latest Industry Polyglycerol Sebacate Market 2019 – 2025
According to a new research report
by Global Market Insights, Inc. Polyglycerol Sebacate Market size will exceed
USD 81.42 million by 2025
Rising population, improved
healthcare facilities in developing economies, growing implantable medical
surgeries, technological advancement in cardiovascular tissue engineering along
with rise in R&D activities to replace traditional materials with
innovative biomaterials will primarily drive the polyglycerol sebacate market
till 2025.
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Polyglycerol sebacate (PGS) is a
glycerol ester polymer created by polycondensation between glycerol and sebacic
acid to form a prepolymer resin which is then converted into thermoset elastomer.
The raw materials sebacic acid and glycerol can be obtained by inexpensive
sources and are highly regulated globally. PGS finds application in tissue
engineering, adhesives, coatings, drug delivery and other upcoming applications
such as scaffolds, valves etc. PGS is also used in combination with other
biodegradable resorbable polymers for cardiovascular tissue applications.
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.
Although PGS is a comparatively newer materials as compared
to other biomaterials including polylactic acid, polycaprolactam, poly lactic
acid copolymers such as (poly-L-lactide) PLLA, (poly-D-lactide), collagen,
chitosan, the market potential for PGS to replace the above biomaterials is
huge because of regulated raw materials, standard manufacturing process, close
resemblances and performance of PGS with natural tissue.
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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. As the raw materials required to manufacture PGS comes
from renewable sources, this polymer has attracted interest of many company
globally. Although, there are very few companies operating in the PGS market at
present, more companies are expected to enter this market in the coming years. Maket
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. As the raw materials required to manufacture PGS comes
from renewable sources, this polymer has attracted interest of many company
globally. Although, there are very few companies operating in the PGS market at
present, more companies are expected to enter this market in the coming years.
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. Also, the mechanical properties along with the
degradation kinetics of PGS can be tailored to match the requirements of
intended applications by controlling curing temperature, curing time, reactants
concentration and degree of acylation in acrylate PGS.
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.
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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.
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.
About Global Market Insights, Inc.
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.
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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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Introducing Latest Industry Polyglycerol Sebacate Market 2019 – 2025
Reviewed by GMI
on
March 12, 2019
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