The bioabsorbable nerve conduit is an elastic tubular structure exhibiting axonal growth and provides flexible easy handling, designed with specialised material that dissolves into the body to repair the nerve. The procedure does not hamper the intact nerve. The design of bioabsorbable nerve conduit encompasses two layers, the outer layer is made of poly L-lactide (PLA) multifilament fibre mesh and the inner layer is made of 50% PLA and 50% polycaprolactone (PCL) porous sponge. The combination together has the best compatible and toughening effect.
Innovation & Patient Numbers: North America to Remain a Market Leader
North America held the largest share of the absorbable nerve conduits market in 2023. This dominance is driven by the high prevalence of neurological disorders such as peripheral neuropathy, spinal cord injuries, and traumatic brain injuries. According to the Institute for Healthcare Policy and Innovation, over 20 million Americans suffer from nerve damage. National studies suggest that 13.5% of the U.S. population is affected by neuropathy, often caused by diabetes, which leads to nerve fiber damage, particularly in the legs and feet. Furthermore, 1 in 10 adults over the age of 30 experience neuropathic pain, further contributing to the demand for absorbable nerve conduits.
Healthcare Facilitation: Asia’s Growth on Track
The Asia Pacific region is expected to experience significant growth in the absorbable nerve conduits market over the coming years. This growth is driven by enhanced healthcare infrastructure, improved accessibility to healthcare services, and advancements in personalized medicine. The government of Singapore, for example, is investing heavily in healthcare services, particularly to address the needs of its aging population, which positions the country as one of the healthiest in Asia and supports the demand for nerve repair solutions.
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