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Medical Plastics Market Is Projected To Exceed USD 37.5 Billion By 2026 – Polaris Market Research


"Medical Plastics Market Forecast 2018-2026"
The Medical Plastics market is anticipated to reach over USD 37.5 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the medical components segment dominated the global market, in terms of revenue. North America Medical Plastics market is expected to be the leading contributor to the global market revenue during the forecast period.

The global Medical Plastics market generated USD 22.2 billion in 2017 and is anticipated to grow at a CAGR of 6.1% during the forecast period.

Medical plastics include fibers and resins such as polyvinyl chloride, polypropylene, polyethylene, polystyrene, and acrylonitrile butadiene among others. These medical plastics offer lighter weight, better biocompatibility, and lower cost. Some applications of medical plastics include vessel support, plastic pill casings, flexible plastic prosthesis, insulin pens, IV tubes, eye patches, surgical and examination gloves, inflatable splints, inhalation masks, tubing for dialysis, and disposable gowns among others. Medical plastics are increasingly being used in development of prosthetic devices for higher flexibility, comfort and mobility. 

Request For Sample Of This Research Report @  https://www.polarismarketresearch.com/industry-analysis/medical-plastics-market/request-for-free-sample

The demand for medical plastics has increased over the years owing to increasing demand for healthcare services from the geriatric population, and significant growth in the global healthcare industry. The increasing home healthcare services and self-medication have resulted in the Medical Plastics market growth. The growing demand for minimally invasive medical procedures, delivery of high quality healthcare services, and growing investments in the healthcare industry are other factors supporting market growth. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities for Medical Plastics market during the forecast period.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Medical Plastics Market, 2017-2026. The Medical Plastics market report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

North America Medical Plastics market generated the highest revenue in the market in 2017 owing to increasing demand of Medical Plastics from countries such as U.S., and Canada. Growing geriatric population along with significant investments in the healthcare industry has resulted in increasing adoption of medical plastics in the region.

Browse Full Research Report with Table of Content @ https://www.polarismarketresearch.com/industry-analysis/medical-plastics-market/

Competitive Landscape and Key Vendors

The global Medical Plastics market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The leading companies profiled in the Medical Plastics market report include 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.

Key Segments

Type

  • Standard Plastics
  • Engineering Plastics
  • Others

Application

  • Medical Device Packaging
  • Medical Components
  • BioPharm Devices
  • Mobility Aids
  • Sterilization and Infection Prevention
  • Others

Region

•    North America

o    U.S.
o    Canada
o    Mexico

•    Europe

o    Germany
o    UK
o    France
o    Italy
o    Rest of Europe

•    Asia-Pacific

o    China
o    India
o    Japan
o    Rest of Asia-Pacific

•    Latin America

o    Brazil
o    Rest of Latin America

•    Middle East and Africa

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About us Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.  Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.

For More Information: www.polarismarketresearch.com

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Website: https://www.polarismarketresearch.com/industry-analysis/medical-plastics-market/



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