June 10, 2024

Medical Plastics Market is Anticipated to Grow US$ 54.2 Bn By 2030

Precedence Research a new report on medical plastics market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global medical plastics market size was valued at US$ 33.45 billion in 2021. The global medical plastics market is projected to reach US$ 54.2 billion by 2030, registering a compound annual growth rate (CAGR) of 7.3% during the forecast period from 2022 to 2030.

Medical Plastics Market

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The global medical plastics market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2030. The report offers a detailed analysis and information as per medical plastics, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Medical Plastics Market Report Scope 
Report Coverage Details
Market Size by 2030 USD 54.2 Billion
Growth Rate from 2022 to 2030 CAGR of 7.3%
North America Market Revenue Share in 2021 34%
Application Segment Market Share in 2021 40%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Application, Geography

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

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Some of the prominent players in the medical plastics market include:
  • SABIC
  • BASF
  • Celanese Corporation
  • Evonik
  • Solvay S.A.
  • Covestro
  • Trelleborg Sealing Solutions
  • Trinseo S.A.
  • Dow Inc.
  • Saint-Gobain Performance Plastics
Medical Plastics Market Segmentation

By Type

  • Engineering plastics
  • High performance plastics (HPP)
  • Standard plastics
  • Silicone
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polystyrene (PS)
  • Others

By Application

  • Medical Disposables
  • Prosthetics
  • Medical Instruments & Tools
  • Drug Delivery
  • Medical Device Packaging
  • Medical Components
  • Orthopedic Implant Packaging
  • Orthopedic Soft Goods
  • Wound Care
  • Cleanroom Supplies
  • BioPharm Devices
  • Mobility Aids
  • Sterilization & Infection Prevention
  • Tooth Implants
  • Denture Base Material
  • Others

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

  • What are the key factors influencing the medical plastics market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2022 and 2030?
  • What would be the Y-o-Y growth trend of the global market between 2022 and 2030?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global medical plastics market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global medical plastics market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global medical plastics market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global medical plastics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for medical plastics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Medical Plastics Market 

5.1. COVID-19 Landscape: Medical Plastics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Medical Plastics Market, By Type

8.1. Medical Plastics Market, by Type, 2022-2030

8.1.1. Engineering plastics

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. High performance plastics (HPP)

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Standard plastics

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Silicone

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Polyvinyl Chloride (PVC)

8.1.5.1. Market Revenue and Forecast (2017-2030)

8.1.6. Polypropylene (PP)

8.1.6.1. Market Revenue and Forecast (2017-2030)

8.1.7. Polyethylene (PE)

8.1.7.1. Market Revenue and Forecast (2017-2030)

8.1.8. Polystyrene (PS)

8.1.8.1. Market Revenue and Forecast (2017-2030)

8.1.9. Others

8.1.9.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Medical Plastics Market, By Application

9.1. Medical Plastics Market, by Application, 2022-2030

9.1.1. Medical Disposables

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Prosthetics

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Medical Instruments & Tools

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Drug Delivery

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Medical Device Packaging

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Medical Components

9.1.6.1. Market Revenue and Forecast (2017-2030)

9.1.7. Orthopedic Implant Packaging

9.1.7.1. Market Revenue and Forecast (2017-2030)

9.1.8. Orthopedic Soft Goods

9.1.8.1. Market Revenue and Forecast (2017-2030)

9.1.9. Wound Care

9.1.9.1. Market Revenue and Forecast (2017-2030)

9.1.10. Cleanroom Supplies

9.1.10.1. Market Revenue and Forecast (2017-2030)

9.1.11. BioPharm Devices

9.1.11.1. Market Revenue and Forecast (2017-2030)

9.1.12. Mobility Aids

9.1.12.1. Market Revenue and Forecast (2017-2030)

9.1.13. Sterilization & Infection Prevention

9.1.13.1. Market Revenue and Forecast (2017-2030)

9.1.14. Tooth Implants

9.1.14.1. Market Revenue and Forecast (2017-2030)

9.1.15. Denture Base Material

9.1.15.1. Market Revenue and Forecast (2017-2030)

9.1.16. Others

9.1.16.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Medical Plastics Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Type (2017-2030)

10.1.2. Market Revenue and Forecast, by Application (2017-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Type (2017-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Type (2017-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Type (2017-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Type (2017-2030)

10.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Type (2017-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Type (2017-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2017-2030)

Chapter 11. Company Profiles

11.1. SABIC

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. BASF

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Celanese Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Evonik

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Solvay S.A.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Covestro

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Trelleborg Sealing Solutions

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Trinseo S.A.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Dow Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Saint-Gobain Performance Plastics

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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