Title: Medical Polymers Market: Devices and equipment application to witness above 8% CAGR up to 2024
1Global Medical Polymers Market Size forecast,
2016 2024, (Kilo Tons) (USD Million)
Projected Market Size- 24 billion by 2024 Gain
Forecast- 9 CAGR
2Table of Contents-
- Methodology Scope
- Executive Summary
- Medical Polymers Industry Insights
- Medical Polymers Application Insights
- Medical Polymers Product Insights
- Medical Polymers Regional Insights
- Company Profiles
- 180 Pages
- Detailed Table of contents _at_ https//www.gminsigh
ts.com/toc/detail/medical-polymers-market
3 Global Market Scenario of Medical Polymers
Industry
- Medical polymers market size is solely dependent
on the growing pharmaceutical industry. - Medical Polymers Market size is slated to cross
USD 24 billion by 2024 as per a new research
report by Global Market Insights, Inc. - Rapidly enhancing pharmaceutical devices demand
owing to the prevalence of heart diseases,
infections, or general illness and technological
advancements in the treatment process will steer
the global medical polymers market growth in
upcoming years. Increasing health awareness among
developed nations will also support the industry
throughout the forecast spell. - Pharmaceutical device industry generated over USD
300 billion in 2015, of which U.S. had a major
share of around 45. U.S. recorded over 6,500
pharmaceutical device manufacturers by 2015 and
the growing demand in the country as well as
export demand in the emerging economies will
escalate the market growth in coming years.
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- Increasing global geriatric population will also
be a significant medical polymers market driver
owing to their growing medical needs. Population
over the age of 65 years increased from 7.6 of
global population in 2010 to around 8.3 in 2015
and will increase owing to pharmaceutical
developments and increasing geriatric care units.
The American Geriatrics Society has predicted the
U.S. geriatric population to reach 20 of total
population by 2030. Ubiquity of chronic disorders
such as cardiac diseases, calcium deficiencies,
arthritis, etc. will likely have a positive
influence on global market in the forecast span. - Medical polymers market will also be driven by
the growing home-based private healthcare demand.
The ease and affordability of private healthcare
systems along with factors including commotions
in public facilities, chronic or contagious
diseases, and elderly patients will enhance the
home-based healthcare industry in the upcoming
years. In 2015, the global home-based private
healthcare industry generated more than USD 200
billion and it will grow by CAGR over 8 up to
2024.
Browse this full report_at_https//www.gminsights.co
m/industry-analysis/medical-polymers-market
6Regional Analysis-
- Regional medical polymers market growth will be
focused around the emerging economies in Asia
Pacific, Latin America, and Middle East Africa,
owing to rapidly increasing medical awareness and
government initiatives. Asia Pacific will
register more than 10 CAGR in the forecast
timespan. - North America, driven by the U.S., will have a
significant share of the global medical polymers
market owing to its mature medical and
pharmaceutical industry. - Europe medical polymers market will witness a
slow growth at less than 7 CAGR up to 2024 and
will lose its share to Asia Pacific, Latin
America, and Middle East Africa, which will
witness a high growth in the coming years. - Inquire More About
This Research Report_at_
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