Market Overview:
The global medical PVC plastic market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for medical devices and equipment, rising awareness about hygiene and safety, and technological advancements in the medical industry. Based on type, the global medical PVC plastic market is segmented into with filler and without filler. With filler segment dominates the global market due to its properties such as high stiffness, impact resistance, heat resistance, flame retardancy etc., which are essential for manufacturing various types of medical devices. However, without filler segment is projected to grow at a higher CAGR during forecast period owing to its benefits such as low weight & thickness coupled with good chemical resistance that make it suitable for drug delivery system applications. Based on application, the global medical PVC plastic market is divided into catheters & tubes; surgical instruments; IV bags/bottles/pumps; implants (orthopedic implants); drug delivery system (oral solid dosage forms); other applications (dialysis products). Catheters & tubes was dominating application segment in 2017 due high prevalence of urinary tract infections (UTIs) across globe followed by surgical instruments owing rise in number of surgeries being performed globally year-on-year basis . However IV bags/bottles/pumps are projected witness highest growth rate over next decade due increase usage intravenous fluids across globe for better patient outcomes during hospitalization or surgery procedures .
Product Definition:
Medical PVC Plastic is a polymer that is used in medical devices and implants. It is often used to make tubing and containers because it is strong and can be sterilized.
With Filler:
With filler is a term used for the additive that is put in between the Polyvinyl Chloride (PVC) resin and plasticizer to make it fill up completely. It helps in increasing the flexibility of PVC and also makes it more like rubber. The most commonly used fillers are polyacrylamide, calcium carbonate, glass beads, silica gel, sodium carbonate and titanium dioxide among others.
Without Filler:
The global without filler medical PVC plastic market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for polyvinyl chloride (PVC) from the healthcare sector owing to its cost-effectiveness, biocompatibility, and physical properties is expected to drive growth during the forecast period.
Application Insights:
The catheters segment dominated the global medical PVC plastic market in terms of revenue share in 2017. This is attributed to increasing usage of these products for manufacturing angiography and diagnostic catheters. Moreover, growing adoption for these products due to properties such as biocompatibility, high flexibility & strength ratio and cost-effectiveness will boost the growth over the forecast period.
Medical bags are expected to be one of the fastest growing application segments during the forecast period owing to rising number of surgeries globally coupled with a rise in awareness regarding infection control procedures. Medical bags are used for handling various types of infections including surgical site infections (SSI) which occur due to contamination from other patients¢â‚¬â„¢ body fluids during surgery or healthcare procedure using unsterile equipment or improper technique by healthcare professionals resulting into sepsis or severe sepsis respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period owing to increasing healthcare expenditure and favorable reimbursement policies for medical devices & equipment, which are major factors driving the regional demand for PVC plastics.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid economic development coupled with improving healthcare infrastructure in emerging countries such as China and India.
Growth Factors:
- Increasing demand for medical devices and implants
- Rising prevalence of chronic diseases
- Technological advancements in the medical sector
- Growing awareness about healthcare and hygiene among people
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical PVC Plastic Market Research Report
By Type
With Filler, Without Filler
By Application
Catheters, Surgical Instruments, Medical Bags, Implants, Drug Delivery System, Others
By Companies
Sinopec Shanghai Petrochemical Company Limited, Hopefinder Polymer, Jiangsu Yabang Teamlong Polymer, Exxon Mobil Corporation, Zhejiang Wang Yang Polymer Materials, Zhenjiang Kangyuan New Material, Shandong Taruifeng New Materials, LyondellBasell, Jieke Plastic, Suzhou Ming Chang Plastic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Medical PVC Plastic Market Report Segments:
The global Medical PVC Plastic market is segmented on the basis of:
Types
With Filler, Without Filler
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Catheters, Surgical Instruments, Medical Bags, Implants, Drug Delivery System, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sinopec Shanghai Petrochemical Company Limited
- Hopefinder Polymer
- Jiangsu Yabang Teamlong Polymer
- Exxon Mobil Corporation
- Zhejiang Wang Yang Polymer Materials
- Zhenjiang Kangyuan New Material
- Shandong Taruifeng New Materials
- LyondellBasell
- Jieke Plastic
- Suzhou Ming Chang Plastic
Highlights of The Medical PVC Plastic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- With Filler
- Without Filler
- By Application:
- Catheters
- Surgical Instruments
- Medical Bags
- Implants
- Drug Delivery System
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical PVC Plastic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical PVC plastic is a type of plastic that is used in medical equipment and supplies. It is made from polyvinyl chloride, which is a synthetic material that has many properties similar to those of natural rubber. This makes it an ideal material for medical applications, as it can be easily sterilized and has a high resistance to wear and tear.
Some of the major players in the medical pvc plastic market are Sinopec Shanghai Petrochemical Company Limited, Hopefinder Polymer, Jiangsu Yabang Teamlong Polymer, Exxon Mobil Corporation, Zhejiang Wang Yang Polymer Materials, Zhenjiang Kangyuan New Material, Shandong Taruifeng New Materials, LyondellBasell, Jieke Plastic, Suzhou Ming Chang Plastic.
The medical pvc plastic market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical PVC Plastic Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical PVC Plastic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical PVC Plastic Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical PVC Plastic Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical PVC Plastic Market Size & Forecast, 2018-2028
4.5.1 Medical PVC Plastic Market Size and Y-o-Y Growth
4.5.2 Medical PVC Plastic Market Absolute $ Opportunity
Chapter 5 Global Medical PVC Plastic Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical PVC Plastic Market Size Forecast by Type
5.2.1 With Filler
5.2.2 Without Filler
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical PVC Plastic Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical PVC Plastic Market Size Forecast by Applications
6.2.1 Catheters
6.2.2 Surgical Instruments
6.2.3 Medical Bags
6.2.4 Implants
6.2.5 Drug Delivery System
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical PVC Plastic Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical PVC Plastic Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical PVC Plastic Analysis and Forecast
9.1 Introduction
9.2 North America Medical PVC Plastic Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical PVC Plastic Market Size Forecast by Type
9.6.1 With Filler
9.6.2 Without Filler
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical PVC Plastic Market Size Forecast by Applications
9.10.1 Catheters
9.10.2 Surgical Instruments
9.10.3 Medical Bags
9.10.4 Implants
9.10.5 Drug Delivery System
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical PVC Plastic Analysis and Forecast
10.1 Introduction
10.2 Europe Medical PVC Plastic Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical PVC Plastic Market Size Forecast by Type
10.6.1 With Filler
10.6.2 Without Filler
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical PVC Plastic Market Size Forecast by Applications
10.10.1 Catheters
10.10.2 Surgical Instruments
10.10.3 Medical Bags
10.10.4 Implants
10.10.5 Drug Delivery System
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical PVC Plastic Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical PVC Plastic Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical PVC Plastic Market Size Forecast by Type
11.6.1 With Filler
11.6.2 Without Filler
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical PVC Plastic Market Size Forecast by Applications
11.10.1 Catheters
11.10.2 Surgical Instruments
11.10.3 Medical Bags
11.10.4 Implants
11.10.5 Drug Delivery System
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical PVC Plastic Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical PVC Plastic Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical PVC Plastic Market Size Forecast by Type
12.6.1 With Filler
12.6.2 Without Filler
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical PVC Plastic Market Size Forecast by Applications
12.10.1 Catheters
12.10.2 Surgical Instruments
12.10.3 Medical Bags
12.10.4 Implants
12.10.5 Drug Delivery System
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical PVC Plastic Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical PVC Plastic Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical PVC Plastic Market Size Forecast by Type
13.6.1 With Filler
13.6.2 Without Filler
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical PVC Plastic Market Size Forecast by Applications
13.10.1 Catheters
13.10.2 Surgical Instruments
13.10.3 Medical Bags
13.10.4 Implants
13.10.5 Drug Delivery System
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical PVC Plastic Market: Competitive Dashboard
14.2 Global Medical PVC Plastic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sinopec Shanghai Petrochemical Company Limited
14.3.2 Hopefinder Polymer
14.3.3 Jiangsu Yabang Teamlong Polymer
14.3.4 Exxon Mobil Corporation
14.3.5 Zhejiang Wang Yang Polymer Materials
14.3.6 Zhenjiang Kangyuan New Material
14.3.7 Shandong Taruifeng New Materials
14.3.8 LyondellBasell
14.3.9 Jieke Plastic
14.3.10 Suzhou Ming Chang Plastic
