High Performance Medical Plastics Market 2021 Global Key Country Analysis: Solvay SA (Belgium), SABIC (UAE), Mitsubishi Chemical Corporation (Japan), Evonik Industries AG (Germany)

High Performance Medical Plastics Market research report gives a thorough idea about the current scenario of the global market, recent developments, product launches, joint ventures, capacity, production value, mergers, and acquisitions based on several market dynamics. It gives key measurements, status of the manufacturers and is a significant source of direction for businesses and organizations. Qualitative and transparent research studies are carried out devotedly to offer an outstanding market research report for the niche. High Performance Medical Plastics Market business report potentially endows with numerous insights and business solutions that will assist to stay ahead of the competition.

High Performance Medical Plastics Market by Type (FP, HPPA, PAEK, PPS, PEI), Application (Medical Supplies, Medical Equipment & Tools, Drug Delivery, Prosthesis & Implants, Therapeutic System), Region - Global Forecast to 2026 Furthermore, as a part of the qualitative analysis of the high performance medical plastics market, the research provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the growth of the market across the globe. It also discusses competitive strategies adopted by the leading market players such as Solvay SA (Belgium), SABIC (UAE), Mitsubishi Chemical Corporation (Japan), Evonik Industries AG (Germany), Arkema SA (France), Ensinger (Germany), Victrex PLC (UK), Rochling SE & Co. AG (Germany), Raumedic AG (Germany), The Chemours Company (US), DuPont (US), Saint-Gobain Performance Plastic (France), Celanese Corporation (US), Trelleborg (Sweden), and Tekni-Plex (US), among others.

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The global high performance medical plastics market size is projected to grow from USD 851 million in 2021 to USD 1,242 million by 2026, at a CAGR of 7.8% during the forecast period 2021 to 2026. The increasing demand for healthcare solutions owing to an increase in disposable income, changing lifestyles, and growing population in emerging economies are some of the drivers for the high performance medical plastics market to grow.

“The prosthesis & implants application segment is projected to grow at the highest CAGR during the forecast period.”

Based on application, the prosthesis & implants segment is projected to grow at the highest CARG during the forecast period. Prosthesis & Implants are artificial devices, which are used to replace a missing body part that may be lost due to some diseases or accidents. Prosthetics are intended to restore the normal functioning of the body part. The rapid growth of this segment can be attributed to the increasing adoption of prosthesis and dental implants in emerging economies such as China, India, and other south Asian countries.

“The PAEK type segment is projected to grow at the highest CAGR during the forecast period.”

Based on type, the PAEK segment is projected to grow at the highest CARG during the forecast period. PAEK polymers are categorized into three major types— Polyether Ether Ketone (PEEK), Polyether Ketone (PEK), and Polyetherketoneketone (PEKK). PAEK has the highest unit price in comparison to other HPPs due to its superior characteristics, including excellent high-temperature performance, inherent purity, excellent combustion resistance, good resistance to all organic chemicals, good electrical properties, and processability. The rapid growth of this segment can be attributed to the increasing demand for PEEK in prosthesis and dental implant applications.

“Asia Pacific is projected to grow the highest CAGR in the high performance medical plastics market during the forecast period.”

Asia Pacific is projected to grow at the highest CAGR in the high performance medical plastics market from 2021 to 2026. The medical device manufacturing industry is expected to expand rapidly in the region in the next five years. As a result, the demand for high performance medical plastics is expected to grow in APAC. In addition, growth in the aging population and the advent of new technologies such as robotic assistance, use of big data, 3D printed customized prostheses, and others are also expected to drive the high performance medical plastics market in APAC during the forecast period.

Profile break-up of primary participants for the report:

By Company Type: Tier 1 – 25%, Tier 2 – 50%, and Tier 3 – 25%
By Designation: C-level Executives – 20%, Directors – 30%, and Others – 50%
By Region: Asia Pacific – 25%, Europe – 30%, North America – 20%, Middle East & Africa - 15%, and South America – 10%

Research Coverage:

The report defines, segments, and projects the size of the high performance medical plastics market based on material, distribution channel, end use and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments such as mergers & acquisitions, investments, joint ventures, new product launches, and expansions undertaken by them in the market.

Key Benefits of Buying the Report:

The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the high performance medical plastics market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 High Performance Medical Plastics Market Segmentation
1.3.2 Regions Covered
1.4 Inclusions & Exclusions
Table 1 High Performance Medical Plastics Market, By Type: Inclusions & Exclusions
Table 2 High Performance Medical Plastics Market, By Application: Inclusions & Exclusions
1.4.1 Years Considered For The Study
1.5 Currency
1.6 Unit Considered
1.7 Stakeholders
1.8 Limitations

2 Research Methodology
2.1 Research Data
Figure 1 High Performance Medical Plastics Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews
2.2 Base Number Calculation
2.2.1 Supply-Side Approach (Volume)
2.2.2 Supply-Side Approach (Value)
2.2.3 Demand-Side Approach
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
Figure 2 High Performance Medical Plastics Market: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 3 High Performance Medical Plastics Market: Top-Down Approach
2.4 Growth Rate Assumptions/Growth Forecast
2.4.1 Supply Side
Figure 4 Historical Growth Rates Of Companies In The High Performance Medical Plastics Market
2.5 Data Triangulation
Figure 5 High Performance Medical Plastics Market: Data Triangulation
2.5.1 High Performance Medical Plastics Market Analysis Through Primary Interviews
2.6 Limitations
2.7 Assumptions
2.8 Risk Assessment

3 Executive Summary
Figure 6 Medical Equipment& Tools Segment Is The Largest Application Of High Performance Medical Plastics
Figure 7 Fp Segment Is The Largest Type Of High Performance Medical Plastics
Figure 8 Apac To Be The Fastest-Growing High Performance Medical Plastics Market

4 Premium Insights
4.1 Attractive Opportunities In The High Performance Medical Plastics Market
Figure 9 Growing Demand In Emerging Economies To Drive The High Performance Medical Plastics Market
4.2 High Performance Medical Plastics Market, By Type
Figure 10 Paek To Be The Largest Type Of High Performance Medical Plastic
4.3 High Performance Medical Plastics Market, By Region
Figure 11 Apac To Be Fastest-Growing Market Between 2021 And 2026
4.4 High Performance Medical Plastics Market In North America, By Country And Type
Figure 12 The Us Accounted For The Largest Share In North America
4.5 High Performance Medical Plastics Market, By Major Countries
Figure 13 India To Register The Highest Cagr

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 14 Drivers, Restraints, Opportunities, And Challenges In The High Performance Medical Plastics Market
5.2.1 Drivers
5.2.1.1 Rising Geriatric Population Demands Advanced Medical Technologies And Devices
Table 3 Region-Wise Trends For Geriatric Population
5.2.1.2 Growing Healthcare Investments In Emerging Economies
Table 4 Healthcare Expenditure As A Percentage Of Gdp
5.2.1.3 Shift Toward Minimally Invasive Medical Procedures
5.2.2 Restraints
5.2.2.1 Time-Consuming Regulatory Approval Process
5.2.3 Opportunities
5.2.3.1 R&D To Develop Advanced Plastics
5.2.3.2 Development Of Patient-Specific Implants And 3d Printed Devices
5.2.4 Challenges
5.2.4.1 Waste Management Concerns
5.3 Porter’s Five Forces Analysis
Figure 15 High Performance Medical Plastics Market: Porter’s Five Forces Analysis
Table 5 High Performance Medical Plastics Market: Porter’s Five Forces Analysis
5.3.1 Threat Of New Entrants
5.3.2 Threat Of Substitutes
5.3.3 Bargaining Power Of Buyers
5.3.4 Bargaining Power Of Suppliers
5.3.5 Intensity Of Competitive Rivalry

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