Lucintel's latest market report analyzed that medical plastic provides attractive opportunities in the medical device market. The medical plastic market is expected to reach $31.5 billion by 2025 with a CAGR of 6.7%. In this market, polyvinyl chloride is the largest segment by technology, whereas disposable is largest by application. The adoption of engineering polymers, increasing use of polyolefin, and adoption of bioresorbable polymers provides strategic growth path in this market.
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Based on technology, the medical plastic market is segmented into polyvinyl chloride, polyethylene, polypropylene, engineering plastics, polystyrene, polyester, polycarbonate, polyurethane, and acrylics. The polyvinyl chloride segment is accounted for the largest share of the market in 2020 as it is easily sterilized and re-used with steam, ethylene oxide, and radiation.
Browse in-depth TOC on “Medical Plastic Market”
88 – Tables
98 – Figures
173 – Pages
The medical plastic market is marked by the presence of several big and small players. Some of the prominent players offering medical plastic include Solvay, BASF SE, Covestro AG, Evonik Industries AG, and Dow Chemical Corporation.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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