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

Patient Access Solutions Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026.

Price : $ 3999.00 | Report Code: ZMR-5456 | Report Format:

Global Patient Access Solutions Market: Overview Patient Access Solutions provides healthcare information technology solutions to physician practices, hospitals, medical centers, clinics, and insurance payers. It helps critical components of the revenue cycle, from scheduling to billing, also co...Read More

Global Rubber Conveyor Belt Market By Type (Oil & Grease-Resistant, Flame-Resistant, Heat-Resistant, Chemical-Resistant and Abrasion-Resistant), By Material (Solid Woven Belts and Textile Reinforced Conveyor Belts), By End-user (Manufacturing, Power Generation, Coal & Mining, Logistics, Airlines, and Construction) and Region–Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Dec-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5431 | Report Format:

Global Rubber Conveyor Belt Market: Overview Since transportation of large quantities of heavy products and materials is required across innumerable industries including mining, cement, stone crushing, road construction, timber, power plants, compost recycling, and mineral processing plants, pl...Read More

Global Customer Self-Service Software Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5390 | Report Format:

Global Customer Self-Service Software Market: Overview Customer self-service software offers support that aims at allowing users to find solutions by themselves often by means of an automated task management system or a knowledge base. In a digital era when one has the world at ones fingertips, ...Read More

Butyric Acid Market - By Product Type (Natural/Renewable And Synthetic Butyric Acid), By Application (Food, Chemical Intermediate, Animal Feed, Perfumes, Pharmaceuticals, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5381 | Report Format:

The global Butyric Acid market, which is likely to amass revenue worth nearly 666.42 (USD Million) by 2026, will register a CAGR of nearly 14.9% during the period from 2020 to 2026. The report offers assessment and analysis of the Butyric Acid market on a global and regional level. The study offer...Read More

Plastics in Personal Protective Equipment Market - By Type (Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polyvinyl chloride (PVC), Polyethylene terephthalate (PET), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polycarbonate (PC), Others), Application (Head, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5377 | Report Format:

The report covers forecast and analysis for the Plastics in Personal Protective Equipment market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for ...Read More

Request Free Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a 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.