Polyglycerol sebacate is formed by the polycondensation of sebacic acid and glycerol. It has properties that make it suitable for controlling mechanical processes; therefore, the material finds its usage in curing time and temperature and degree of acylation in these resins. Moreover, its high flexibility makes it as a preferred material for biomedical soft tissue applications, such as cartilage, nerve, cardiac muscles and the retina. Its flexibility can further substitute certain raw materials that are used in medical devices, such as polycaprolactone (PLLA), poly-L-lactic acid, polylactic acid (PLA). Rising inclination towards eco-friendly and recyclable products is the key driving factor for the growth of the polyglycerol sebacate market and is further expected to drive its demand in the near future. However, the high cost of polyglycerol sebacate resin is the reason behind the shift in trend towards cost-effective and biodegradable resin for biomedical applications, which is a key factor restraining the growth of the global polyglycerol sebacate market.

The global polyglycerol sebacate market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America accounts to contribute a significant share in the global polyglycerol sebacate market during the forecast period. This is majorly due to the increasing incidence of diseases in soft tissues and bones, majorly in the geriatric population, which augments the demand for highly flexible material, the one that can mimic the natural tissues. In Asia-Pacific, there is less preference for polyglycerol sebacate as the manufacturers in the region are majorly looking towards improved material.

Secant Group LLC is the only manufacturer and vendor of polyglycerol sebacate across the globe. The resin is further sold to several compounders across the globe to deploy its application in several sectors, such as the healthcare sector. In November 2016, the Secant Group LLC launched Regenerez, an extruded component that is made from the next-generation compound for polyglycerol sebacate (PGS) polymer. The polymer has certain properties that make it suitable in the production of implantable medical devices.   

Research Methodology

The market study of the global polyglycerol sebacate market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for polyglycerol sebacate service providers and government organization for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Global Polyglycerol Sebacate Market Research and Analysis by Form
2. Global Polyglycerol Sebacate Market Research and Analysis by Application

The Report Covers:

• Comprehensive research methodology of the global polyglycerol sebacate market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global polyglycerol sebacate market.
• Insights about market determinants which are stimulating the global polyglycerol sebacate market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players