The report on the Global Medical Polymers Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Medical polymers are high performance polymers utilized in medical devices and equipments. These are the most preferred material over other conventional materials like glass and metals. Medical polymers exhibit properties like resistance to chemicals and its reactions, durability, lightweight, portability, flexibility, strength, biodegradability, etc. Medical polymers can be moulded smaller as per the functional use maintaining aesthetics. Medical polymers are widely used in packaging of syringes, tablets and other drugs owing to its properties and cost efficiency.
Global medical polymers market report is segmented on the basis of its products as medical resins and fibers, medical elastomers and biodegradable plastics. Medical resins and fibers are further classified as polyvinyl chloride (PVC), polypropylene (PP), polyethylene (PE), polyurethane, polystyrene (PS), and others including engineering thermoplastics such as ABS, PC and PET. Medical elastomers are classified as styrene block copolymer (SBC), rubber latex and others that includes TPU, TPV and TPO.
Medical resins and fibers are the major products of medical polymers worldwide. Polyvinyl chloride (PVC), polypropylene (PP), polyethylene (PE), polyurethane, etc. find variety of applications in the global medical polymers market. Medical devices and equipment, medical packaging and others including tissue engineering and cardio stents are the major applications in the global medical polymers market. Medical devices and equipment account for largest share in applications market followed by medical packaging.
There is huge potential for biodegradable devices and equipment in medical implants during the forecast period. A trend is observed in the global market moving from conventional materials to high performance polymers. In addition, declining demand for glass and metals in medical devices and equipments has boosted the growth of the global medical polymers market. Home healthcare treatments and aging population have aggregated the demand for medical polymers in the global market.
North America is the major market for medical polymers owing to the advanced medical and healthcare facility. Europe and Asia Pacific follow North America in terms of demand in this market. Asia Pacific is estimated to be the fastest growing market for the forecast period. Stringent regulations in the healthcare industry have emphasized the use of medical polymers; especially in countries like China, India, Malaysia, Singapore and others.
Major players in the global medical polymers market are:
- BASF S.E.
- Eastman Chemical
- Bayer Material Science AG
- Exxon Mobil Corporation
- Celanese Corporation
- DSM N.V.
- E.I. DuPont de Numeros Company
- Evonik Industries AG
- Dow Chemical Company
- Kraton Performance Polymers Inc.
- Huizhou Foryou Medical Device Co. Ltd.
- Others
SEGMENTATIONS IN REPORT:
Medical Polymers By Products:
- Resins And Fibers
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polyethylene (PE)
- Polyurethane
- Polystyrene (PS)
- Others (Including Engineering Thermoplastics Such As ABS, PC And PET)
- Elastomers
- Styrene Block Copolymer (SBC)
- Rubber Latex
- Others (Including TPU, TPV And TPO)
- Biodegradable Plastics
Medical Polymers By Applications:
- Medical Devices And Equipment
- Medical Packaging
- Others (Including Tissue Engineering And Cardio Stents)
Medical Polymers By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Medical Polymers Market has been exhibited in detail in the following chapters -
Chapter 1 Medical Polymers Market Preface
Chapter 2 Executive Summary
Chapter 3 Medical Polymers Industry Analysis
Chapter 4 Medical Polymers Market Value Chain Analysis
Chapter 5 Medical Polymers Market Analysis By Products
Chapter 6 Medical Polymers Market Analysis By Applications
Chapter 7 Medical Polymers Market Analysis By Geography
Chapter 8 Competitive Landscape Of Medical Polymers Companies
Chapter 9 Company Profiles Of Medical Polymers Industry