Egypt Biodegradable Bone Graft Polymers Market Outlook

Synopsis
The above chart is Egypt Biodegradable Bone Graft Polymers Market Outlook (2018 to 2032)

Market Dynamics

as the world continues to grapple with the growing need for bone graft/regeneration materials for medical purposes, biodegradable bone graft polymers technology has become a key area of focus for the health care industry in egypt. these biocompatible polymers, which can be processed into structural components of the bone and can gradually degrade in the body overtime, have been regarded as a significant alternative to autologous and other non-biodegradable bone grafting materials. in 2018, the global market for biodegradable polymers for tissue engineering was estimated to be approximately us $7.5 billion and is projected to reach us $14.3 billion by 2032. however, due to the lower cost of alternative bone grafting materials in egypt, the market size of biodegradable bone graft polymers is much smaller and has been estimated to be around us $100-500 million at present. as such, the outlook for biodegradable bone graft polymers in egypt depends largely on the adoption of this technology by the medical fraternity in the country. in order to capitalize on this opportunity, the egyptian government has already initiated the process of establishing standards and regulations to ensure the safety and efficacy of biodegradable bone graft polymers in the country. the authorities are also engaging with universities and research organisations to support the development of non-toxic and biodegradable polymer technologies in egypt. moreover, the government is offering subsidies to medical device companies in order to encourage the use of biodegradable bone graft polymers in egypt. in addition, recent advancements in the field of 3d printing technology for medical applications in egypt have expanded the scope of tissue engineering. 3d printed structures made of degradable polymers have emerged as a promising option for reconstruction of large bony defects. furthermore, these polymers are viable alternatives for the development of medical implants with increased mechanical performance. despite the fact that the market for biodegradable bone graft polymers in egypt is currently nascent, the outlook is very promising in the long-term. with the constant rise in demand for innovative and cost-effective bone grafting materials, biodegradable bone graft polymers may very well become the new standard in egypt in the years to come. the egyptian government has taken the necessary steps to ensure that the country is at the vanguard of the development of bone regeneration technologies, and biodegradable bone graft polymers are a key part of this effort.