Uploaded on Aug 30, 2021
In 2017, the medical components segment dominated the global industry. North America will be the key revenue contributor during the forecast period. Plastics are now no more just an existing component but have grown in stature in advanced devices and is anticipated to support the growth of medical plastics market.
Medical Plastics Market Trends, Size, Growth and Forecast to 2026
Medical Plastics Market
Set to Reach $37.5 Billion By 2026 | CAGR 6.1%
“Medical Plastics Market Share, Size, Trends & Industry Analysis
Report by Type (Standard Plastics, Engineering Plastics, Others); By
Application (Medical Device Packaging, Medical Components,
BioPharma Devices, Mobility Aids, Sterilization and Infection
Prevention, Others); By Region: Segment Forecast, 2018 - 2026”
Medical Plastics Market Estimate & Forecast
According to a latest report by Polaris Market Research, the global Medical Plastics market
is anticipated to reach $37.5 Billion By 2026 registering a CAGR of 6.1% during the forecast
period 2018 to 2026.
The report offers in-depth insights, market share, and other vital information such as key
trends, drivers, restraints, opportunities, and hurdles in the Medical Plastics market over
the forecast period. The impact of the COVID-19 pandemic on manufacturing processes, unit
sales, and revenues incorporated into the Medical Plastics market projections.
A rise in technological innovations, increasing investments for improving product offerings,
and initiations of research programs are projected to drive significant growth for the global
Medical Plastics market over the forecast period.
The analysis covered in the report evaluates the Medical Plastics market based on various
parameters such as manufacturing rights & patents, brand loyalty, switching costs, capital
investments, distribution channels, government regulations, and the impact of consumer
preferences. This all summarized vital information will help the key decision-makers of the
industry in their decision-making process.
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Medical Plastics Market Scope
By Type By Application By Region
• Standard Plastics • Medical Device Packaging ∙ North America
• Engineering Plastics • Medical Components ∙ Europe
• Others • BioPharma Devices ∙ Asia Pacific
• Mobility Aids ∙ Latin America Middle East & Africa
• Sterilization and Infection Prevention
• Others
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Medical Plastics Market Estimate & Forecast
The report covers a comprehensive analysis of the Medical Plastics market by Type,
Application, and region. The report also sheds light on the key market segments that are
major contributors in terms of revenue generation. The information provided in the research
report is anticipated to be helpful for all the key stakeholders of the Medical Plastics
market.
The research report prepared for the Medical Plastics market presents vital information
gathered after deep analysis of the leading players from the market, including agreements,
acquisitions & mergers, partnerships, new product launches, collaborations & joint ventures,
research & development, and regional expansion. Major players operating in the Medical
Plastics market are E.I. du Pont de Nemours and Company, HMC Polymers,
Specialty Silicone Fabricators, Inc., Trinseo S.A., GW Plastics Inc., Eastman
Chemical Company, The Dow Chemical Company, Tekni-Plex Inc., Orthoplastics
Ltd., and Saint Gobain Performance Plastics among others.
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Medical Plastics Market Size
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