PMMA Healthcare Market size to surpass $235mn by 2024 - PowerPoint PPT Presentation

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PMMA Healthcare Market size to surpass $235mn by 2024

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(Polymethyl Methacrylate) PMMA Market size in healthcare applications was over USD 115 million in 2015 and is forecast to grow at more than 7.5% CAGR up to 2024. Polymethyl methacrylate is widely used in medical devices such as cuvettes, incubators, desiccators and laboratory equipment. Major companies for PMMA based medical devices include BrandTech Scientific Inc., Duro-Med Industries, Fisher Scientific Co., Globe Scientific Inc., Bel-Art Products, Thomas Scientific. – PowerPoint PPT presentation

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Title: PMMA Healthcare Market size to surpass $235mn by 2024


1
(Polymethyl Methacrylate) PMMA Market Size, Share
Forecast, 2016 2024
(Polymethyl Methacrylate) PMMA Healthcare Market
size is expected to reach USD 235.9 million by
2024
2
Global Market Scenario of PMMA Industry
  • (Polymethyl Methacrylate) PMMA Healthcare Market
    size is expected to reach USD 235.9 million by
    2024 according to a new research report by
    Global Market Insights, Inc.
  • Medical polymers have steadily gained penetration
    in healthcare applications over the past few
    years owing to shift in trend towards replacing
    metals. Technology innovation and change in
    perception towards adoption of high performance
    polymers has helped to drive PMMA market size
    growth in healthcare space.
  • Increasing medical expenditure in BRICS nations
    should favor polymethyl methacrylate market size
    growth. It possesses optical clarity excellent
    transparency, surface hardness and UV resistance
    and chemical resistance. PMMA's biocompatibility,
    reliability, ease of manipulation makes it a
    preferred choice for dental applications such as
    cavity fillings.

3
Continue.....
  • Medical ware applications accounted for a major
    chunk in the global PMMA healthcare market in
    2015 and may register over 16 kilo tons by 2024.
    Medical ware products include dentures,
    incubators, bone cements, intraocular lens. Its
    increasing use as bone cement due increasing
    prevalence of osteoporotic fractures may drive
    PMMA market size growth in medical ware
    applications.
  • Key raw materials for MMA production include
    methanol, ammonia and acetone. Supply bottleneck
    for this particular monomer owing to political
    unrest in Gulf region may hamper PMMA market
    price trend in healthcare applications.
    Development of biobased PMMA may reduce reliance
    on product derived from petrochemicals and
    further may help in overcoming price and fulfill
    supply demand deficit.
  • Get more details _at_
    http//bit.ly/2disoMX

4
U.S. healthcare PMMA market size, by application,
2013-2024 (Kilo Tons)
Get Sample Report Copy_at_ http//bit.ly/2ditok9
5
360 Analysis
Request for Customization_at_ http//bit.ly/2cQsjO0
  • Application Analysis
  • (Polymethyl methacrylate) PMMA market size in
    healthcare applications may register over 35 kilo
    tons by 2024.
  • Laboratory ware market share is set to grow at
    6.2 in revenue terms. Growing global geriatric
    population base and the consequent rise in IV
    diagnostics globally may positively influence
    polymethyl methacrylate market size across
    healthcare applications.
  • Regional Analysis
  • U.S. PMMA market size dominates the global
    healthcare application space and may generate
    over USD 80 million by 2024.
  • MEA, led by South Africa may grow significantly
    by 2024. Increasing healthcare expenditure
    coupled with rise in medical devices industry may
    have a positive influence in healthcare industry
    and stimulate PMMA market demand.
  • APAC, led by India and China PMMA market size, is
    poised to grow at 8 CAGR by 2024.
  • Europe PMMA industry may register over USD 70
    million revenue by 2024. UK, Germany, Italy,
    Spain and France are major healthcare markets in
    this region. In most of Europe, especially
    Western Europe, the healthcare system primarily
    depends on government funding.


6
  • Competitive Market Share
  • Global (Polymethyl methacrylate) PMMA market
    share in healthcare industry is competitive.
    Notable industry participants include Lucite
    International, Evonik Industries, Polyone Corp
    and Arkema.
  • Major companies for PMMA based medical devices
    include BrandTech Scientific Inc., Duro-Med
    Industries, Fisher Scientific Co., Globe
    Scientific Inc., Bel-Art Products, Thomas
    Scientific, Intuitive Surgical Systems, and
    Dentsply International. They pose low threat of
    backward integration to PMMA manufacturers and
    converters on account of different lines of
    business.

Inquire For Buying Industry Report_at_http//bit.ly/
2d3yC3W
7

Latest Research Report On PMMA Market _at_
http//bit.ly/2disoMX Request PDF
Brochure_at_ http//bit.ly/2ditok9 Inquire
For Buying Industry Report_at_http//bit.ly/2d3yC3W
8
Stay In Touch You can visit us at
www.gminsights.com
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