Press release
Life-saving Films: The Polyester Medical Films Market in 2033 - Redefining Healthcare Standards
Polyester Medical Films Market
Growth of the polyester medical films market is mainly supported by increasing healthcare spending in various countries across the globe. Polyester medical films are preferred in many medical applications, owing to their various advantages such as high thermal stability, high strength, resistance to moisture, and many others over other materials. In addition, the continuously increasing global population creates more demand for various diagnostic products, which is subsequently boosting the growth of the global polyester medical films market.
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Key Companies-
Toray Industries, Inc
Tekra Corporation
Mitsubishi Chemicals Holdings Corporation
DuPont
3M
Cosmo Films Limited
Filmquest Group Inc.
Grafix Plastics
DUNMORE Corporation
Flex Films USA Inc.
Coveme spa
Tekni-Plex
FUTAMURA CHEMICAL CO., LTD.
Merck KGaA
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Key Takeaways of Polyester Medical Films Market Study
According to the research, the 100 microns - 300 microns segment will dominate the polyester medical films market throughout the forecast period, owing to their wide application in various medical products such as diagnostic strips, medical tapes and adhesives, and others.
By end use, the medical tapes and adhesives segment is estimated to progress at a relatively high CAGR during the forecast years. Due to the high demand for medical adhesives and tapes in routine medical applications, the segment is estimated to remain a crucial driver for the growth of the global polyester medical films market.
The ongoing COVID-19 pandemic is having a positive impact on the polyester medical films market, owing to a sudden rise in the demand for diagnostic strips, medical adhesives and tapes, and others, across the globe.
Owing to increasing investments in the pharmaceutical sector and presence of key manufacturers in the region, North America is estimated to hold a prominent share and remain dominant in the global polyester medical films market throughout the forecast period.
"Enhancing product quality by implementing new technologies will be the key to thrive in the market. Durable and rigid polyester films with added features at a competitive price point will help companies retain and also increase their customer base," says a PMR analyst.
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Key Questions Answered in Report
How much is the Polyester Medical Films market worth?
What will be the demand outlook?
What was the last 5 year market CAGR?
What are the key trends of Polyester Medical Films market?
What is driving the demand for Polyester Medical Films?
What is the market share of top 5 players?
What are the top 4 countries driving demand?
What is North America's market Outlook?
At what percentage Polyester Medical Films market is going to register growth in Europe?
What are the key market statistics in Korea and Japan?
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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