PMMA Healthcare Market size to surpass $235mn by 2024

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(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
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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.

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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_
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U.S. healthcare PMMA market size, by application,
2013-2024 (Kilo Tons)
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360 Analysis
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• 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.

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• 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.

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