Medical Plastics Market, by Type (Polypropylene, Polyvinyl Chloride, Polyethylene, Polystyrene, Engineering Plastics, Silicones, Other Types), Application (Catheters, Implants, Syringes, Diagnostic Instruments, Surgical Instruments, Medical Bags, Disposables, Dental Tools, Drug Delivery Devices, Other Applications) - Global Industry Analysis, Revenue, Trends, Growth, Share, Size and Forecast, 2014 to 2022

Medical Plastics Market is worth US$ 4.95 billion in 2016 and is expected to reach US$ 7.38 billion by 2022, at a CAGR of 6.9% from 2016 to 2022.

The objective of this report is to describe the market trends and revenue forecasts for the medical plastics market for the next five years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the medical plastics market. The scope of this report covers the medical plastics market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

• Thorough understanding of the dynamics influencing the various segments of this market
• Detailed analysis of the regulatory environment impacting the growth of this market
• Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

• Rising need for medical devices with elevated shelf life, growing import and export of medical devices, and the demand for sterilized and disposable devices are the factors driving the medical plastics market.
• Furthermore, the growing demand for lightweight and cost-effective devices and the rising use of prosthetics are expected to fuel the growth of medical plastics market further.
• Moreover, the rising economies in the Asia-Pacific region and the increasing demand for the technologically advanced medical devices will provide  growth opportunities for the medical plastics market.
• However, stringent government laws and the high recall costs are some of the major restraints for the growth of this market.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s medical plastics market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the medical plastics market by the following segments:

• Medical Plastics Market, by Types
  • Polypropylene
  • Polyvinyl Chloride
  • Polyethylene
  • Polystyrene
  • Engineering Plastics
  • Silicones
  • Other Types
• Medical Plastics Market, by Applications
  • Catheters
  • Implants
  • Syringes
  • Diagnostic Instruments
  • Surgical Instruments
  • Medical Bags
  • Disposables
  • Dental Tools
  • Drug Delivery Devices
  • Other Applications

KEY MARKET PLAYERS

Key players in the medical plastics market include:

• Phillips-Medisize Corporation
• Freudenberg Medical
• Nolato AB
• West Pharmaceutical Services, Inc.
• Röchling Group
• PARKER HANNIFIN CORP.
• MedPlast
• GW Plastics

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

• NORTH AMERICA
  • U.S.
  • Rest of North America
• EUROPE
  • France
  • Germany
  • U.K.
  • Rest of Europe
• ASIA-PACIFIC
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• REST OF THE WORLD
  • Latin America
  • Middle East & Africa

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