Global Medical Polymers Market Growth 2023-2029
The medical polymers market comprises resins and fibers, elastomers and biodegradable plastics that are used in various healthcare applications such as equipment and devices, packaging and tissue engineering. Polyvinyl chloride, polypropylene, polystyrene and polyethylene are the commonly used fibers and resins in the medical industry.
LPI (LP Information)' newest research report, the “Medical Polymers Industry Forecast” looks at past sales and reviews total world Medical Polymers sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Polymers sales for 2023 through 2029. With Medical Polymers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Polymers industry.
This Insight Report provides a comprehensive analysis of the global Medical Polymers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Polymers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Polymers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Polymers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Polymers.
The global Medical Polymers market size is projected to grow from US$ 16800 million in 2022 to US$ 20960 million in 2029; it is expected to grow at a CAGR of 20960 from 2023 to 2029.
The major players in global Medical Polymers market include BASF SE, Bayer, Celanese, DSM, Du Pont, etc. The top 5 players occupy about 20% shares of the global market. Europe and North America are main markets, they occupy over 60% of the global market. Medical Resins and Fibers is the main type, with a share about 80%. Medical Packaging is the main application, which holds a share about 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Medical Polymers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Medical Resins and Fibers
Medical Elastomers
Biodegradable Plastics
Other
Segmentation by application
Medical Devices and Equipment
Medical Packaging
Others (Including Tissue Engineering and Cardio Stents)
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF SE
Bayer
Celanese
DSM
DuPont
Solvay
Eastman Chemical
Evonik
HEXPOL
Exxon Mobil
Formosa Plastics
INEOS
Victrex
Colorite Compounds
Raumedic
Kraton
Tianjin Plastics
Shanghai New Shanghua
Key Questions Addressed in this Report
What is the 10-year outlook for the global Medical Polymers market?
What factors are driving Medical Polymers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Medical Polymers market opportunities vary by end market size?
How does Medical Polymers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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