Collaborative Robot Market 2030: Size, Share, Trends

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The PLGA market, valued at USD 121 million in 2023, is forecasted to hit USD 321 million by 2030, growing at a CAGR of 16.8% during this period. As a biodegradable and biocompatible polymer, PLGA attracts considerable attention across sectors such as pharmaceuticals and healthcare. Its adaptable properties make it ideal for drug delivery systems, implants, tissue engineering, and various applications. With healthcare transitioning towards personalized medicine, demand for PLGA-based products rises for targeted drug delivery and improved outcomes. Additionally, the market benefits from sustainability concerns, with businesses seeking eco-friendly alternatives in packaging and agriculture. Companies invest in R&D to enhance product performance and cater to emerging trends.


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