Saturday, June 10, 2023

Email id:, Contact Us : +91-9871552944

Home Metal Mining and Chemicals Chemicals Global Medical Polymer Market expected to record a CAGR of ~9% during...

Global Medical Polymer Market expected to record a CAGR of ~9% during the forecast period (2017-2028): Ken Research

What Is The Size Of Global Medical Polymer Industry?

Global Medical Polymer market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 25 Bn by 2028.

The Medical Polymer Market is largely driven by growing chronic diseases, rising number of patients worldwide, and surging healthcare infrastructure by government active participation and investments.

The medical polymer market is driven by surging chronic diseases such as cancer, diabetes, stroke, and other infectious viruses. According to World Health Organization, stated that nearly 10 million deaths in 2020 are caused by cancer worldwide, the most common cases of cancer were lung, prostate, skin, stomach, colon, and rectum. The increasing number of cases due to chronic diseases worldwide, enforcing governments and players to upgrade technology via medical devices or surgeries to cure the disease, which is likely to benefit the medical polymer market.

COVID-19 has helped in the growth of the medical polymer market. Since the start of the pandemic, the requirement for medicines and other medical products has been rising, it requires special packaging, which helped the medical polymer market to accelerate. As the pandemic is slowing down, it is estimated that the medical polymer market remains significant in the forecasted period, owing to the growing medical conditions and surgeries worldwide.

Global Medical Polymer Market ForecastTo learn more about this report Download a Free Sample Report

Global Medical Polymer Market By Product Type

The Global Medical Polymer market is segmented by Product type into Fibers & Resins, Medical Elastomers, Biodegradable Polymers and Others.

Fibers & resins segment held the largest market share of the global medical polymer market in 2022, owing to its extensive usage in various applications.

Fibers & resins include multiple sub-segments including polypropylene, polyethylene, polystyrene, and others. Polycarbonate polymer provides high chemical and electrical resistance, which assists them to replace metal and glass in medical products.

Increased usage of resins in numerous medical applications such as spinal implants, cranial injuries, hip, and joint replacements, and others.

Global Medical Polymer Market By Processing Method

The Global Medical Polymer market is segmented by Processing Method into Blow Fill Seal, Injection Stretch Blow Molding, Extrusion Blow Molding and Others.

The extrusion blow molding segment accounted for the largest market share in 2022, owing to the easier and cost-effective process.

Extrusion blow molding is used to create medium to large hollow parts with complex geometries or highly technical equipment such as DEF tanks, HVAC ducts, lawn mower seats, and others.

Visit this Link: – Request for custom report

Global Medical Polymer Market By Application

The Global Medical Polymer market is segmented by Application into Medical Device Packaging, Medical Components, Wound Care, Orthopedic Soft Goods, Implants and Others.

The medical component application segment held the largest market in 2022, owing to an increased usage of polymers in medical equipment and devices.

Polymer and polymer matrix composite helped the healthcare and medical industry to provide quality services, with multiple benefits such as enhanced safety, maintaining sterility, and others.

Suring in the usage of polymer in surgical instruments, diagnostics equipment, medical tubing, molded components, and others.

Key Topics Covered in the Report

  • Snapshot of the Global Medical Polymer Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Medical Polymer Market
  • Historic Growth of the Overall Global Medical Polymer Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Medical Polymer Industry
  • Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
  • COVID-19 Impact on the Overall Global Medical Polymer Market
  • Future Market Forecast and Growth Rates of the Total Global Medical Polymer Market and by Segments
  • Market Size of Type / End-Users Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Medical Polymer Market
  • Major Production/Supply and Consumption/Demand Hubs in Each Major Region
  • Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Continent

Major Players Mentioned in the Report

  • Evonik Industries AG
  • Covestro AG
  • Kraton Corporation
  • Eastman Chemical Company
  • Celanese Corporation
  • DSM
  • Arkema

Request free 30 minutes analyst call

Notable Emerging Companies Mentioned in the Report

  • Cocoon Biotech
  • ADBioplastics
  • BioMed Element
  • Cypris Materials

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Medical Polymer Manufacturing Companies
  • Medical Polymer Marketing Companies
  • Medical Polymer Material Suppliers
  • Potential Investors in Medical Polymer Companies
  • Bio Polymer Manufacturers
  • Medical Packaging and Component Manufacturers
  • Consulting Companies in the Chemical and Healthcare Market
  • Government And Research Organizations Working in the Chemical and Healthcare Industries
  • Investment Banks Targeting the Chemical and Healthcare Industry
  • Medical Machine and Equipment Manufacturers
  • Medical Plastics Manufacturers
  • Laboratory Equipment Manufacturers
  • Healthcare Products Manufacturers
  • Medical Device Packaging Manufacturers
  • Plastics Chemical Manufacturers
  • Organic Polymers Manufacturers
  • Medical Implant Packaging Manufacturers
  • Medical Soft Goods Manufacturers
  • Biopharma Devices Manufacturers
  • Government Healthcare Departments

Time Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022-2028F

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Medical Polymer market


Global Medical Polymer Market is expected to reach ~USD 25 Bn by 2028F: Ken Research

Buy Now Global Medical Polymer Market By Geography The Global Medical Polymer market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounted for...

Global Green Chemicals Market is expected to reach ~USD 17 Bn by 2028F: Ken Research

Buy Now Competition Scenario In Global Green Chemicals Market The green chemicals market is highly competitive with ~200 players that include globally diversified players, and regional...

Global Synthetic Leather Market is expected to reach a market size of ~US$ 45 billion by 2028: Ken Research

Buy Now What Is the Size of Global Synthetic Leather Industry? Global Synthetic Leather market is growing at a CAGR of ~% in 2017-2022 and is...

Most Popular

Malaysia Unorganized Automotive Aftermarket Services Market Poised to register a CAGR of over 11% during the period 2020-25. Will the projections justify growth?

91% of the market is captured by unorganized independent garages which offer personal touch, flexibility, convenience and economic services to the customer: Ken Research 1....

سوق الخدمات اللوجستية في المملكة العربية السعودية مدفوع بزيادة الطلب على صادرات النفط والغاز بشكل رئيسي عن طريق البحر وازدهار قطاع التجزئة والتجارة الإلكترونية...

Buy Now التحول نحو القطاع غير النفطي: تمتلك المملكة العربية السعودية حوالي 17٪ من احتياطيات النفط المؤكدة في العالم. يمثل قطاع النفط والغاز حوالي 50٪...

ارتفاع القدرة الشرائية لأولياء الأمور في الإمارات العربية المتحدة مدعوما بالسعي المتزايد للتعلم التجريبي قد دفع نمو السوق: كين للأبحاث

Buy Now تزال صناعة أدوات الأنشطة وكذلك صناعة التعلم الإلكتروني في الإمارات العربية المتحدة في مرحلتها الوليدة ولم تكتسب الصناعتان معا وتيرة إلا بعد عام...

In 2021, the market size of (B2B) E-Commerce was worth over USD 5 Bn in India. Will India be able to stand on this...

Buy Now 1. Growth of B2B Start-ups in India. Trends and Developments in Indian Online B2B Industry (4,650) of Total Online Startups in 2019 provide B2B...