Press release
Medical Polymers Market Overview, Research Methodology and Opportunities to 2017-2026
Medical Polymers Market
Medical Polymers Market size is slated to cross USD 24 billion by 2024; as per a new research report by Global Market Insights, Inc.
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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.
Medical fibers & resins will be a noteworthy product segment and generated more than USD 8 billion in 2015. Polypropylene based fibers & resins will likely grow at a significant rate owing to its chemical inertness, light weight, and favorable mechanical properties. Overall medical fibers & resins will flourish at more than 8% CAGR up to 2024.
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Developments and preferences of bio-based polymers for environmental sustainability will characterize the growth of biodegradable medical plastics. This segment will likely register a CAGR over 15% in the overall medical polymers market in the forecast spell. Medical packaging applications will be a fast-growing segment owing to mandatory sterilization and medical disposable regulations.
Some of major chapters from Table of Contents:
Chapter 2 Executive Summary
2.1 Medical polymers industry 3600 synopsis, 2013 – 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1.4 Regional trends
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Chapter 3 Medical Polymers Industry Insights
3.1 Industry segmentation
3.2 Industry size & growth forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distributor matrix
3.4 Industry impact forces
3.4.1 Growth drivers
3.4.1.1 Growing pharmaceutical devices market
3.4.1.2 Increasing geriatric population and consequential medical treatments
3.4.1.3 Changing trends towards home health care treatment
3.4.2 Industry pitfalls and challenges
3.4.2.1 Inconsistent raw material prices
3.4.2.2 Stringent regulations to govern new products
3.5 Growth potential analysis
3.6 Regulatory trends
3.6.1 U.S.
3.6.2 Europe
3.6.3 China
3.7 Porter’s analysis
3.8 Company market share analysis, 2015
3.7.1 Strategic landscape
3.9 PESTEL analysis
3.10 Regional price trends
3.10.1 Cost structure analysis
3.10.2 Raw material trends
Raw material price volatility will hinder the medical polymers market growth in the forecast spell. Petrochemical based raw materials prices are dependent on the global crude oil prices, which is highly fluctuating in nature. Strict norms about volatile organic compound (VOC) content in the polymers may also restrain the medical polymers market.
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End products are based on superior biocompatibility with various product blends, and the expensive manufacturing technologies will restrain the entry of new market participants. Medical polymers market competitive landscape is fragmented in nature with the presence of various major manufacturing companies.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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