Medical plastics Market Estimated to Expand at a Robust CAGR by 2027 - PowerPoint PPT Presentation

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Medical plastics Market Estimated to Expand at a Robust CAGR by 2027

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Medical plastics Market Estimated to Expand at a Robust CAGR by 2027 – PowerPoint PPT presentation

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Title: Medical plastics Market Estimated to Expand at a Robust CAGR by 2027


1
Medical Plastics Market
  • - Global Industry Analysis, Size, Share, Growth
    Trends  2019 - 2027

2
About Us
  • Transparency Market Research (TMR) is a market
    intelligence company, providing North America
    business information reports and services. Our
    exclusive blend of quantitative forecasting and
    trends analysis provides forward-looking insight
    for thousands of decision-makers. We have an
    experienced team of Analysts, Researchers, and
    Consultants, who use proprietary data sources and
    various tools and techniques to gather and
    analyze information. Our business offerings
    represent the latest and the most reliable informa
    tion indispensable for businesses to sustain a
    competitive edge.
  • Each TMR Syndicated Research report covers a
    different sectorsuch as pharmaceuticals,
    chemical, energy, food beverages,
    semiconductors, med-devices, consumer goods, and
    technology. These reports provide in-depth
    analysis and deep segmentation to possible micro
    levels. With a wider scope and stratified
    research methodology, our syndicated reports
    strive to serve clients and satisfy their overall
    research requirement.

3
Medical Plastics Market - Snapshot
  • The medical industry world over has been
    benefitting from the wide range of devices,
    equipment, and implants made with high
    performance plastics.
  • Sellers and manufacturers in the global medical
    plastics market are reaping revenue gains by
    leveraging the versatility, safety, and
    cost-effectiveness of medical-grade plastics in
    these applications.
  • In addition, the freedom that medical grade
    plastics offer to fabricators has helped bolster
    their application, underpinning the evolution of
    the medical grade plastics market, notes
    Transparency Market Research (TMR).

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4
Application of 3D Printing Underpin Abundant
Opportunities for Manufacturers
  • The environmentally friendliness of medical grade
    plastics along with their cost-effectiveness is
    one of the compelling propositions for the
    demands in the medical plastics market.
  • Advent of 3D printing and their rising
    applications in polymer manufacturing have
    expanded the prospects in the medical plastics
    market. Among all medical devices, braces and
    prosthetics made with medical plastics are
    witnessing huge demands in the healthcare
    industries in various developing and developed
    nations.
  • The application of 3D printing has also helped
    spur the use of medical plastics in making
    personalized implants, broadening the scope of
    therapeutics possible with plastic materials.
  • A case in point is patient-specific prosthetic
    arms. Thus, the potential of medical plastics in
    making customized implants has catalyzed revenue
    generation in the medical plastics market market.

5
Rising Use in Making in Disposable Medical
Devices Underscore Vast Potential
  • One of the most prominent applications of medical
    plastics has been disposable medical devices,
    mainly due to the fact that plastics is
    cost-effective and light.
  • Further, the medical plastics market is seeing
    new demands in the use of medical-grade plastic
    containers and boxes for disposing of surgical
    sharps and biohazards.

6
Leading Players in Market
  •  Exxon Mobil Corporation,
  • BASF SE
  • Dow DuPont
  • Evonik Industries AG
  • Arkema S.A.
  • Celanese Corporation
  • Covestro AG
  • Solvay

7
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