Medical Plastics Market

Medical Plastics - Global Market Outlook (2018-2027)

4.1 (50 reviews)
Published: December 2019 ID: SMRC18821
4.1 (50 reviews)
Published: December 2019 ID: SMRC18821

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Medical Plastics Market is accounted for $20.99 billion in 2018 and is expected to reach $44.11 billion by 2027 growing at a CAGR of 8.6% during the forecast period. Increasing healthcare investments in emerging economies and increase in demand for advanced medical technology and devices are the factors driving the market. However, time-consuming regulatory approval process is restraining the growth of the market. Furthermore, development of patient-specific implants and 3d printed devices is creating lucrative opportunities across the globe.

Medical plastics are polymers made from polyvinyl chloride (PVC), polypropylene (PP), polyethylene (PE), etc., which are resistant to temperature, chemicals, and corrosion. These plastics are transforming the healthcare industry owing to properties such as versatility, easy sterilization, greater safety, and durability. Additionally, these plastics are environmentally friendly and cost-efficient. Hence, medical plastics are commonly used for making disposables products, drug delivery devices, and diagnostic instruments.

Based on type, engineering plastics segment has a growing prominence during the forecast period. Engineering plastics provide many advantages over standard plastics, such as good malleability, faster production time, low weight, resistance to high impact, flame, shock, and chemicals, and better friction reduction. Improving standards and regulations mandating high quality of plastics used in medical applications are responsible for the large market size in this segment. In addition, the increasing use of engineering plastics in robotic assistance, AI-driven procedures, 3D printing of implants and prosthetics, and others are driving the use of engineering plastics.

By geography, Asia Pacific is likely to have a huge demand due to the industrial and urbanization in the region. In addition, APAC has immense growth potential driven by the increasing demand for a better healthcare system.

Some of the key players in Global Medical Plastics market include Arkema, BASF, Biomerics, Celanese Corporation, Covestro, DSM, E. I. Du Pont De Nemours and Company, Eastman Chemical Company, Ensinger, Evonik, Hmc Polymers, Invibio, Lanxess, Londyllbasell, Lubrizol, Mitsubishi Chemical Advanced Materials, NuSil Technology LLC, Proxy Biomedical Ltd.,  SABIC, Saint Gobain Performance Plastics, Solvay, Trelleborg Sealing Solutions, and Trinseo S.A.

Types Covered:
• High Performance Plastic (HPP)
• Standard Plastics
• Silicone
• Engineering Plastics
• Other Types

Technologies Covered:
• Blow Molding
• Extrusion
• Injection Molding
• Other Technologies

Applications Covered:
• Prosthetics
• Medical Disposables
• Medical Instruments & Tools
• Drug Delivery Devices
• Medical Device Packaging
• Medical Components
• Wound Care
• Mobility Aids
• BioPharm Devices
• Orthopaedic Implant Packaging
• Cleanroom Supplies
• Sterilization and Infection Prevention
• Orthopaedic Soft Goods
• Implants
• Denture Base Material
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.


Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.