Press release
Medical Grade Plastics Market With Manufacturing Process and CAGR Forecast by 2031
Medical Grade Plastics Market Outlook 2031The global medical grade plastics market was valued at US$ 41 Bn in 2021
It is estimated to register at a CAGR of 7.2% from 2022 to 2031
The global medical grade plastics market is expected to reach cross value of US$ 76.6 Bn by the end of 2031
Get A Complete Report Details - https://www.transparencymarketresearch.com/medical-grade-plastics-market.html
Analysts' Viewpoint on Medical Grade Plastics Market Scenario
Demand for medical plastics increased during the COVID-19 pandemic to support mission-critical applications that require ample stock for disposables, single-use medical devices, and surgical instruments, among others. Therefore, the market is estimated to grow at a CAGR of 7.2% from 2022 to 2031. Increased use of polymers in medical devices has transformed the healthcare marketplace, with plastic medical devices steadily replacing other materials such as glass, ceramics, and metals, wherever applicable. Medical grade polymers can vary, but possess certain characteristics and properties in common, along with complying with regulatory standards and requirements. Medical grade plastics should have a lower level of toxicity due to their chemical inertness and non-solubility in water. In order to achieve this, manufacturers should increase R&D in materials sciences and make use of high performance medical plastics to design medical devices.
Get PDF sample for Industrial Insights and business Intelligence - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84794
Overview of Medical Grade Plastics Market
Medical grade plastics refer to plastics used to make medical products, products for in vitro diagnostics, and primary packaging for pharmaceuticals. National and international standards, such as EU Regulation 2017/745 (MDR) or ISO 10993, define the specifications for materials that can be utilized in medical devices. In theory, manufacturers of medical can utilize any polymeric material as long as it complies with the regulations and standards.
Medical plastic products are revolutionizing the medical industry. A rise in usage of medical grade plastic is associated with an increase in the utilization of plastic in the medical industry as catheters, syringes, surgical instruments, and disposables, which are a few of the numerous applications of medical grade plastics. Manufacturers should take advantage of incremental opportunities in emerging technologies for molding medical grade plastics in order to diversify their revenue streams. Furthermore, manufacturers are teaming up with researchers, experts, and technicians to develop medical grade plastics that are useful for designing orthopedic devices and drug delivery devices.
Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84794
High Demand for Catheters and Syringes to Propel Market Growth
In terms of application, the global medical grade plastics market has been split into disposables, diagnostic instruments, catheters & syringes, implants, dental tools, surgical instruments, medical bags, drug delivery devices, and others.
Disposables bags and catheters & syringes segments are likely to propel at a similar growth rate of 6% during the forecast period. Disposable medical items, such as bedpans, breathing masks, and IV tubing, have been witnessing a shift from other traditional materials to plastic for the last few years. Plastic is currently being employed in pill casings as well as a variety of internal implants, including catheters and joint replacements. Most of what is witnessed in a typical hospital ward are made up of medical grade plastics.
Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84794
Analysis of Key Market Players
The global medical grade plastics market is consolidated with a fragmented market controlling a majority of the market share. An increasing number of firms are spending significantly on comprehensive research and development, primarily to develop high-quality medical grade plastics, as it is a primary requirement in the medical industry.
Diversification of product portfolios and mergers & acquisitions are important strategies adopted by key market players. Arkema S.A., BASF SE, Celanese Corporation, Covestro AG, Royal DSM, DowDuPont Inc., Solvay SA, Exxon Mobil Corporation, Trinseo S.A., Trelleborg AB, The Lubrizol Corporation, Saint-Gobain S.A., Tekni-Plex, Inc., and Röchling SE & Co. KG are a few prominent entities operating in the global medical grade plastics market.
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Grade Plastics Market With Manufacturing Process and CAGR Forecast by 2031 here
News-ID: 2759094 • Views: …
More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…

Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…

Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…

Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…