The global medical polymers market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for biodegradable plastics and medical elastomers in the healthcare industry. Medical resins and fibers are used in various applications such as surgical gloves, catheters, and sutures. Medical elastomers are used in various applications such as artificial joints, pacemakers, and stents. Biodegradable plastics are used in various applications such as surgical gloves, catheters, sutures etc, which is expected to drive the growth of this market during the forecast period. Medical resins and fibers accounted for over 50% share of this market in 2018 owing to their wide range of application across different industries including healthcare industry where they are used for manufacturing medical devices like surgical gloves or catheters among others. The segment is also expected to witness significant growth during the forecast period owing to its wide range of application across different industries including healthcare industry where it is used for manufacturing medical devices like surgical gloves or catheters among others. North America accounted for over 40% share of this market in 2018 due to high adoption rate by hospitals coupled with increasing awareness about biodegradable plastics among consumers which will continue till 2030 end when it will account for over 45%. Europe followed North America with a share close to 30%. Asia Pacific region was third largest region accounting for around 25% share while Latin America had a share close 10%. Middle East & Africa accounted less than 5% share due mainly because there were no major players operating within that region. 2) Rising prevalence of chronic diseases globally is also one among many factors that are driving this market's growth worldwide.
- Increasing awareness about the benefits of biocompatible materials in the healthcare industry is also driving the growth of this market globally.
Industry Growth Insights published a new data on “Medical Polymers Market”. The research report is titled “Medical Polymers Market research by Types (Medical resins and fibers, Medical elastomers, Biodegradable plastics, Other), By Applications (Medical devices and equipment, Medical packaging, Others (Including tissue engineering and cardio stents)), By Players/Companies BASF SE, Bayer, Celanese, DSM, Du Pont, Solvay, Eastman Chemical, Evonik, HEXPOL, Exxon Mobil, Formosa Plastics, INEOS, Dow, Victrex, Colorite Compounds, Raumedic, Kraton, Tianjin Plastics, Shanghai New Shanghua”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Polymers Market Research Report
By Type
Medical resins and fibers, Medical elastomers, Biodegradable plastics, Other
By Application
Medical devices and equipment, Medical packaging, Others (Including tissue engineering and cardio stents)
By Companies
BASF SE, Bayer, Celanese, DSM, Du Pont, Solvay, Eastman Chemical, Evonik, HEXPOL, Exxon Mobil, Formosa Plastics, INEOS, Dow, Victrex, Colorite Compounds, Raumedic, Kraton, Tianjin Plastics, Shanghai New Shanghua
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Medical Polymers Market Report Segments:
The global Medical Polymers market is segmented on the basis of:
Types
Medical resins and fibers, Medical elastomers, Biodegradable plastics, Other
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
Medical devices and equipment, Medical packaging, Others (Including tissue engineering and cardio stents)
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:
- BASF SE
- Bayer
- Celanese
- DSM
- Du Pont
- Solvay
- Eastman Chemical
- Evonik
- HEXPOL
- Exxon Mobil
- Formosa Plastics
- INEOS
- Dow
- Victrex
- Colorite Compounds
- Raumedic
- Kraton
- Tianjin Plastics
- Shanghai New Shanghua
Highlights of The Medical Polymers 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:
- Medical resins and fibers
- Medical elastomers
- Biodegradable plastics
- Other
- By Application:
- Medical devices and equipment
- Medical packaging
- Others (Including tissue engineering and cardio stents)
- 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 Polymers 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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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 polymers are a class of materials that have been specifically designed to be used in medical applications. They can be used for a variety of purposes, including as surgical sutures, wound dressings, and implants.
Some of the major companies in the medical polymers market are BASF SE, Bayer, Celanese, DSM, Du Pont, Solvay, Eastman Chemical, Evonik, HEXPOL, Exxon Mobil, Formosa Plastics, INEOS, Dow, Victrex, Colorite Compounds, Raumedic, Kraton, Tianjin Plastics, Shanghai New Shanghua.
The medical polymers market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Polymers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Polymers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Polymers Market - Supply Chain
4.5. Global Medical Polymers Market Forecast
4.5.1. Medical Polymers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Polymers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Polymers Market Absolute $ Opportunity
5. Global Medical Polymers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Polymers Market Size and Volume Forecast by Type
5.3.1. Medical resins and fibers
5.3.2. Medical elastomers
5.3.3. Biodegradable plastics
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Polymers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Polymers Market Size and Volume Forecast by Application
6.3.1. Medical devices and equipment
6.3.2. Medical packaging
6.3.3. Others (Including tissue engineering and cardio stents)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Polymers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Polymers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Polymers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Polymers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Polymers Demand Share Forecast, 2019-2026
9. North America Medical Polymers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Polymers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Polymers Market Size and Volume Forecast by Application
9.4.1. Medical devices and equipment
9.4.2. Medical packaging
9.4.3. Others (Including tissue engineering and cardio stents)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Polymers Market Size and Volume Forecast by Type
9.7.1. Medical resins and fibers
9.7.2. Medical elastomers
9.7.3. Biodegradable plastics
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Polymers Demand Share Forecast, 2019-2026
10. Latin America Medical Polymers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Polymers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Polymers Market Size and Volume Forecast by Application
10.4.1. Medical devices and equipment
10.4.2. Medical packaging
10.4.3. Others (Including tissue engineering and cardio stents)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Polymers Market Size and Volume Forecast by Type
10.7.1. Medical resins and fibers
10.7.2. Medical elastomers
10.7.3. Biodegradable plastics
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Polymers Demand Share Forecast, 2019-2026
11. Europe Medical Polymers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Polymers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Polymers Market Size and Volume Forecast by Application
11.4.1. Medical devices and equipment
11.4.2. Medical packaging
11.4.3. Others (Including tissue engineering and cardio stents)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Polymers Market Size and Volume Forecast by Type
11.7.1. Medical resins and fibers
11.7.2. Medical elastomers
11.7.3. Biodegradable plastics
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Polymers Demand Share, 2019-2026
12. Asia Pacific Medical Polymers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Polymers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Polymers Market Size and Volume Forecast by Application
12.4.1. Medical devices and equipment
12.4.2. Medical packaging
12.4.3. Others (Including tissue engineering and cardio stents)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Polymers Market Size and Volume Forecast by Type
12.7.1. Medical resins and fibers
12.7.2. Medical elastomers
12.7.3. Biodegradable plastics
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Polymers Demand Share, 2019-2026
13. Middle East & Africa Medical Polymers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Polymers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Polymers Market Size and Volume Forecast by Application
13.4.1. Medical devices and equipment
13.4.2. Medical packaging
13.4.3. Others (Including tissue engineering and cardio stents)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Polymers Market Size and Volume Forecast by Type
13.7.1. Medical resins and fibers
13.7.2. Medical elastomers
13.7.3. Biodegradable plastics
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Polymers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Polymers Market: Market Share Analysis
14.2. Medical Polymers Distributors and Customers
14.3. Medical Polymers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF SE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bayer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Celanese
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DSM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Du Pont
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Solvay
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eastman Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Evonik
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HEXPOL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Exxon Mobil
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Formosa Plastics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. INEOS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Dow
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Victrex
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Colorite Compounds
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Raumedic
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kraton
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Tianjin Plastics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shanghai New Shanghua
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook