Medical Polymer Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-295 | Report Format : | Status : Upcoming |

Abstract

The process of repetitive chemical bonding of monomers into long chains is called a polymer. Plastic and elastomers are made up polymers. The plastic materials which are applicable for medical, health and wellness are medical polymers. Their high efficient qualities such as biocompatibility, low-mass, and hydrophilic nature are the advantages offered by the medical polymers. Medical polymers are widely used for joint replacements, spinal implants, and cranial injuries.

However, the medical polymer market is broadly segmented under the types of material used for the composition as resin and fibers, elastomers, and biodegradable plastics. Further, the resin and fibers segment is sub-segmented as polyvinyl chloride (PVC), polypropylene (PP), polyethylene (PE), polystyrene (PS), and other thermoplastics. Elastomers are segmented as styrenic block copolymer (SBC) and rubber latex. Based on the end-user application, the medical polymer is segmented as medical devices and equipment, packaging, and tissue engineering.

Demand for certain packaging methods including blood bags, syringes, and others is expected to foster the global medical polymer market. Rising aged population and their need for medication may support the growth of the global market. Increased awareness of surgeries in people and technologically improved medical facilities may surge the medical polymer market in the near future. Factors such as rapid technological development and investors significantly focusing on research in order to develop advanced products for high-performance and flexibility, resulting in the development of reliable products, are the key factors boosting the growth the global medical polymer market. Applications such as cardio implants and devices and tissue engineering may surge the growth of the global market in the near future. In addition, the awareness of using biodegradable materials in various applications may propel the global market growth. Factors such as light weight, low cost, handy, and miniature devices in the healthcare industry and consumer’s preference may augment the global market growth. Moreover, rising demand by various end-user segments is also one of the major factors for the lucrative growth of the medical polymer industry. However, varying rates of the raw materials may hamper the growth of the global medical polymer market in the near future.

North America is the largest market for medical polymers and is expected to dominate the market over the forecast period, owing to rising demand for medical implants and surgeries. Furthermore, owing to rising population and developed medical facilities, Asia Pacific is also projected to witness a rapid growth in the market.

Some of the major companies dominating the global medical polymer market are BASF SE, Bayer AG, Kraton Performance Polymers Inc., Eastman Chemicals, SABIC Innovative Plastics, and The Dow Chemical Company. Other key companies influencing the global market are Evonik Industries, Tianjin Plastics Research Institute Co. Ltd, Victrex, and Lubrizol Corporation.

Medical Polymer Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Related Reports

Beer Stabilizers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3934 | Report Format:

Global Beer Stabilizers Market: Overview Beer Stabilizers are the colloidal haze stabilizers that help in enhancing the shelf life of the beer. They are also used for microbial stabilization of alcoholic beverages, such as wine, and for getting rid of unwanted particles in fruit juices that affe...Read More

Automotive Part Cleaners & Degreasers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3932 | Report Format:

Global Automotive Part Cleaners Degreasers Market: Overview Automotive part cleaners degreasers remove unwanted particulate, oil, and water-insoluble substances for the effective maintenance and repair of vehicle interior exterior components. These products offer tough cleaning performance wi...Read More

Polyethylene Naphthalate (PEN) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3895 | Report Format:

Global Polyethylene Naphthalate (PEN) Market: Overview Polyethylene naphthalate are basically polyesters that are derived by the process of polycondensation involving naphthalene dicarboxylic acid and ethylene glycol. Various market players are experimenting with products made from polyethylene ...Read More

Pharmacovigilance Outsourcing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3881 | Report Format:

Global Pharmacovigilance Outsourcing Market: Overview The field of Pharmacovigilance globally represents the picture of drug effectiveness, safety, and associated risk detection. It is expected that even life science manufacturers will become more proactive due to the adoption of Pharmacovigilan...Read More

Choline Chloride Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3878 | Report Format:

Global Choline Chloride Market: Overview Choline chloride, also known as Hepacholine, Biocolina, and Lipotril is a quarternary ammonium salt that contains choline cation and a chloride anion. In the laboratory, it is prepared by methylation of methyl Chloride with dimethyl ethanolamine. Choline ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.