The Global Biodegradable Mg-Alloy Implant Market was valued at USD 87.5 Million in 2024 and is projected to reach USD 215.3 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period (2024–2030). This significant growth is fueled by the rising demand for advanced orthopedic and cardiovascular solutions, increasing prevalence of bone-related disorders, and the superior biocompatibility and mechanical properties of magnesium alloys that eliminate the need for secondary removal surgeries.

As the medical device industry shifts toward patient-centric and minimally invasive solutions, attention turns to the pioneering companies developing next-generation biodegradable implants. These implants support natural healing and then safely dissolve within the body. In this blog, we profile the Top 10 Companies in the Biodegradable Mg-Alloy Implant Industry—a group of medical technology leaders, research institutions, and material science innovators driving the future of biomedical materials.

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🔟 1. Biotronik SE & Co. KG

Headquarters: Berlin, Germany
Key Offering: MAGMARIS® Bioresorbable Magnesium Scaffold (BRS)

Biotronik is a global leader in cardiovascular and endovascular solutions, renowned for its MAGMARIS® scaffold, the world’s first clinically proven bioresorbable magnesium scaffold for treating coronary artery disease. The implant provides temporary support to the artery before harmlessly dissolving.

Clinical & Innovation Focus:

• Pioneering clinical evidence from BIOSOLVE-II and BIOSOLVE-IV studies

• Continuous R&D to enhance scaffold design and degradation profiles

• Global regulatory approvals including CE Mark and FDA approvals

Download FREE Sample Report:
Biodegradable Mg-Alloy Implant Market – View in Detailed Research Report

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9️⃣ 2. SINOMED

Headquarters: Tianjin, China
Key Offering: Bioabsorbable Magnesium Alloy Stents, Orthopedic Implants

SINOMED is a prominent Chinese medical device company with a strong focus on biodegradable magnesium alloys. The company invests heavily in research and development for cardiovascular stents and orthopedic applications, aiming to provide effective alternatives to permanent implants.

Clinical & Innovation Focus:

• Development of the IBS® Bioabsorbable Magnesium Alloy Stent

• Strategic collaborations with academic and clinical research centers

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8️⃣ 3. Boston Scientific Corporation

Headquarters: Marlborough, Massachusetts, USA
Key Offering: Advanced cardiovascular and endoscopic technologies

While a broad-spectrum medtech giant, Boston Scientific is actively engaged in material science innovation, including exploration of biodegradable metals for next-generation vascular and structural heart devices. Their extensive R&D pipeline includes projects on absorbable metal technologies.

Clinical & Innovation Focus:

• Investment in absorbable metal research for interventional cardiology

• Large-scale clinical trial capabilities for new material validation

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7️⃣ 4. Medtronic plc

Headquarters: Dublin, Ireland
Key Offering: Comprehensive portfolio of medical devices

Medtronic, a global leader in medical technology, maintains strategic research initiatives into biodegradable materials, including magnesium alloys, for applications in cardiac rhythm management, vascular therapies, and spine surgery, focusing on improving long-term patient outcomes.

Clinical & Innovation Focus:

• R&D programs focused on bioresorbable materials for implantable devices

• Cross-portfolio integration of advanced material sciences

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6️⃣ 5. Johnson & Johnson (DePuy Synthes)

Headquarters: New Brunswick, New Jersey, USA
Key Offering: Orthopedic devices, trauma solutions

Through its DePuy Synthes division, Johnson & Johnson is a key player in orthopedic implants. The company explores biodegradable magnesium alloys for trauma and cranio-maxillofacial fixation devices, aiming to develop implants that support bone healing without long-term foreign body presence.

Clinical & Innovation Focus:

• Research into Mg-based screws and plates for fracture fixation

• Collaboration with material science institutes for alloy optimization

Download FREE Sample Report:
Biodegradable Mg-Alloy Implant Market – View in Detailed Research Report

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5️⃣ 6. Smith & Nephew plc

Headquarters: London, United Kingdom
Key Offering: Advanced wound management, orthopedic reconstruction, and sports medicine

Smith & Nephew focuses on regenerative medicine and advanced materials for orthopedics. Their research includes investigating biodegradable magnesium alloys for applications where temporary mechanical support is needed during tissue regeneration, particularly in sports medicine and trauma.

Clinical & Innovation Focus:

• Exploration of Mg-alloys for biodegradable anchor systems in soft tissue repair

• Commitment to developing “repair and regenerate” solutions

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4️⃣ 7. Zimmer Biomet Holdings, Inc.

Headquarters: Warsaw, Indiana, USA
Key Offering: Musculoskeletal healthcare products

Zimmer Biomet is a global leader in musculoskeletal healthcare. The company invests in material science innovation, including the development of biodegradable magnesium-based implants for bone healing applications, aiming to reduce complications associated with permanent metal implants.

Clinical & Innovation Focus:

• R&D on absorbable metals for craniomaxillofacial and trauma surgery

• Integration of biodegradable solutions into their comprehensive portfolio

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3️⃣ 8. Stryker Corporation

Headquarters: Kalamazoo, Michigan, USA
Key Offering: Medical and surgical equipment

Stryker’s significant R&D engine includes projects on advanced biomaterials. The company is exploring the potential of biodegradable magnesium alloys for use in their trauma, spine, and craniomaxillofacial product lines to offer surgeons more innovative treatment options.

Clinical & Innovation Focus:

• Material science research focused on improving patient recovery

• Development of implants with controlled degradation kinetics

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2️⃣ 9. Aap Implantate AG

Headquarters: Berlin, Germany
Key Offering: Trauma and biomaterials solutions

Aap Implantate is a specialist in the development and distribution of biomaterials and sterilization products for trauma care. The company has been actively involved in research on magnesium-based biodegradable implants, focusing on LOQTEQ® MAGNESIUM technology for bone fracture treatment.

Clinical & Innovation Focus:

• Proprietary magnesium alloy development for orthopedic applications

• Focus on cost-effective and clinically effective trauma solutions

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1️⃣ 10. University Spin-offs & Research Consortia (e.g., MgHeart, BioMg)

Headquarters: Various (Global)
Key Offering: Early-stage technology, IP, and specialized prototypes

Numerous university spin-offs and international research consortia are fundamental drivers of innovation in the biodegradable Mg-alloy space. These entities, often emerging from leading technical universities and research hospitals, focus on developing novel alloys, fabrication techniques, and conducting foundational pre-clinical studies.

Clinical & Innovation Focus:

• Groundbreaking research on alloy composition to control corrosion rates

• Development of porous Mg scaffolds for bone ingrowth applications

Read Full Report:
Biodegradable Mg-Alloy Implant Market – View in Detailed Research Report

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🌟 Outlook: The Future of Medical Implants Is Biodegradable and Smarter

The biodegradable Mg-alloy implant market is at a pivotal juncture. While traditional titanium and stainless-steel implants still dominate surgical procedures, the industry is rapidly evolving towards bioresorbable solutions that integrate with the body’s natural healing processes and eliminate long-term complications.

📈 Key Trends Shaping the Market:

• Expansion of clinical applications from cardiovascular stents to orthopedic and craniofacial implants

• Increased regulatory approvals and inclusion in international clinical guidelines

• Advancements in surface coating technologies to precisely control degradation rates

• Strategic partnerships between medtech giants and specialized material science firms

Read Full Report:
Biodegradable Mg-Alloy Implant Market – View in Detailed Research Report

The companies leading this field are not merely manufacturing medical devices—they are pioneering a new paradigm in patient care, where implants provide temporary support and then gracefully exit the body, leaving behind only healthy, healed tissue.