Press release
Medical Plastics Market Size will reach 37.5 billion USD by 2026: Key Players - E.I. du Pont de Nemours and Company, HMC Polymers, Specialty Silicone Fabricators, Inc., Trinseo S.A., GW Plastics Inc., Eastman Chemical Company, The Dow Chemical Company, Te
Market Study Report, LLC, has developed a concise study on the Medical Plastics market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline.The Medical Plastics market is anticipated to reach over USD 37.5 billion by 2026 according to a new research. In 2017, the medical components segment dominated the global market, in terms of revenue. North America Medical Plastics market is expected to be the leading contributor to the global market revenue during the forecast period.
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The growing applications of plastics in advanced medical devices is expected to support the growth of the Medical Plastics market. The increasing demand of healthcare services from the geriatric consumers, and rising home healthcare services and self-medication boosts the adoption of medical plastics. Other driving factors include supportive government initiatives for promotion of quality healthcare services, growing demand for minimally invasive medical procedures, and technological advancements. However, stringent government regulations and lack of standardized healthcare regulations globally are expected to restrict the growth of the Medical Plastics market. Increasing demand from developing nations, and technological innovation, and growing use of plastics as compared to metals are expected provide numerous growth opportunities to the market players during the forecast period.
North America Medical Plastics market generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing geriatric population in the country coupled with growing penetration of lifestyle diseases drives the growth of the medical plastics in the region. Substantial investments in research and development, and supportive government initiatives further boost the market growth. Asia-Pacific Medical Plastics market is expected to grow at the highest rate during the forecast period.
The leading companies profiled in the Medical Plastics market include E.I. du Pont de Nemours and Company, HMC Polymers, Specialty Silicone Fabricators, Inc., Trinseo S.A., GW Plastics Inc., Eastman Chemical Company, The Dow Chemical Company, Tekni-Plex Inc., Orthoplastics Ltd., and Saint Gobain Performance Plastics among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Medical Plastics Market Insights
3.1. Medical Plastics Industry snapshot
3.2. Medical Plastics - Ecosystem analysis
3.3. Medical Plastics Market Dynamics
3.3.1. Medical Plastics Market Forces
3.3.1.1. Medical Plastics Market Driver Analysis
3.3.1.2. Medical Plastics Market Restraint/Challenges analysis
3.3.1.3. Medical Plastics Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Medical Plastics Market PEST Analysis, 2017
3.6. Medical Plastics Market Value Chain Analysis
3.7. Medical Plastics Industry Trends
3.8. Competitive Ranking Analysis
4. Medical Plastics Market Size and Forecast, 2017-2026 by Type
4.1. Key Findings
4.2. Standard Plastics
4.3. Engineering Plastics
4.4. Others
5. Medical Plastics Market Size and Forecast, 2017-2026 by Application
5.1. Key Findings
5.2. Medical Device Packaging
5.3. Medical Components
5.4. BioPharma Devices
5.5. Mobility Aids
5.6. Sterilization and Infection Prevention
5.7. Others
6. Medical Plastics Market Size and Forecast, 2017-2026 by Region
6.1. Key Findings
6.2. North America
6.2.1. U.S.
6.2.2. Canada
6.2.3. Mexico
6.3. Europe
6.3.1. Germany
6.3.2. UK
6.3.3. France
6.3.4. Italy
6.3.5. Rest of Europe
6.4. Asia-Pacific
6.4.1. China
6.4.2. India
6.4.3. Japan
6.4.4. Rest of Asia-Pacific
6.5. Latin America
6.5.1. Brazil
6.6. Middle East & Africa
7. Company Profiles
7.1. DuPont De Nemours and Company
7.1.1. Overview
7.1.2. Financials
7.1.3. Product Benchmarking
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