Press release
Medical Polymer Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research
Global Medical Polymer Market size was valued at USD 27.34 Bn. in 2023 and is expected to reach USD 42.75 Bn. by 2030, at a CAGR of 7.9%.๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Medical polymers are plastics with properties like durability, strength, chemical and heat resistance, designed for healthcare use, examples are nylon and bioresorbable polymers. Medical polymers are crucial in the healthcare sector for medical devices, implants, and drug delivery systems, meeting strict safety and biocompatibility criteria.
๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐๐ฅ๐จ๐ฐ ๐ฅ๐ข๐ง๐ค ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/12507/
๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
The market is propelled by the aging global population requiring more medical interventions like joint replacements and cardiovascular implants, dependent on advanced medical polymers for their compatibility, durability, and versatility. Healthcare providers are increasingly adopting polymer-based solutions to manage age-related health concerns, driving market expansion. The Medical Polymer Market is poised for significant growth due to technological advancements and an aging population. Bioprinting is a key driver, allowing for personalized implants and medical devices. This market offers promise for improved surgical outcomes, faster healing, and lower healthcare costs. Continuous innovations and a growing elderly population ensure steady market expansion, with the potential to revolutionize healthcare worldwide.
๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
The key manufacturers are the Eastman Chemical Company, DuPont, Arkema SA, DSM, Covestro AG, ExxonMobi and Formosa Plastics Corporation, Solvay S.A (Belgium), Bayer (Germany), Borealis (Austria), and Victrex Plc. (United Kingdom).
๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
In 2023, North America dominated the Medical Polymer Market with a 46.3% share, driven by advanced healthcare infrastructure and a growing aging population. The US, with innovative bioprinting technology and a large elderly population, played a key role. Medtronic's launch of the Resolute Onyx Gen4 stent in 2023 is projected to capture $1.2 billion of the coronary stent market by 2026. Meanwhile, Asia Pacific is emerging as a major player, with China and India investing in medical polymer development to reduce import dependence and cater to their aging populations, leading to significant market growth.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In July 2021, Celanese Corporation has announced the expansion of a drug delivery feasibility lab to its Florence, Kentucky R&D center.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/12507/
๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Medical Fibres and Resins
Medical Elastomers
Biodegradable Medical Polymers
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Medical Device
Medical Packaging
Medical Equipment & Components
Disposables
Implants
Others
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-medical-polymer-market/12507/
๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
Eastman Chemical Company (USA)
The Dow Chemical Company (USA)
Formosa Plastics Corporation USA (USA)
Celanese Corporation (USA)
DuPont (USA)
Lubrizol Corporation (USA)
ExxonMobil (USA)
Celanese (USA)
Kraton Performance Polymers (USA)
๐๐ฎ๐ซ๐จ๐ฉ๐
Evonik Industries AG (Germany)
Arkema SA (France)
BASF SE (Germany)
Covestro AG (Germany)
DSM N.V. (Netherlands)
Solvay S.A (Belgium)
Bayer (Germany)
Borealis (Austria)
Victrex Plc. (United Kingdom)
DSM (Netherlands)
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐
Tianjin Plastics Research Institute Co. Ltd (China)
Huizhou Foryou Medical Devices (China)
๐๐จ ๐๐๐ญ ๐๐จ๐ซ๐:https://www.maximizemarketresearch.com/request-sample/12507/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐๐ข๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is the growth rate of the Global Medical Polymer Market?
Which region is expected to dominate the Global Medical Polymer Market?
What is the expected Global Medical Polymer Market size by 2030?
Which are the top players in the Global Medical Polymer Market?
What are the factors driving the Global Medical Polymer Market growth?
Which country held the largest Global Medical Polymer Market share in 2023?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Medical Polymer Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Medical Polymer Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by
Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
Dental Equipment Market size was valued at USD 9.64 Billion in 2023 and the total Dental Equipment Market revenue is expected to grow at a CAGR of 6.6% from 2024 to 2030, reaching nearly USD 15.08 Billion by 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/dental-equipment-market/309/
The Cancer/Tumor Profiling Market size is projected to reach US$ 15.29 Bn at the end of the forecast period at a CAGR of 10.85%.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/cancer-tumor-profiling-market/1392/
The Middle-East Active Pharmaceutical Ingredients Market value is projected to reach US$ 33.74 Bn. at the end of the forecast period and it is expected to grow at the CAGR of 5.8%.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/active-pharmaceutical-ingredients-market-middle-east/2237/
Laboratory Informatics Market was valued at US$ 3.24 Bn. in 2021. Laboratory Informatics Market size is expected to grow at a CAGR of 5% through the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-laboratory-informatics-market/3832/
Oncology Information System Market was valued at US$ 8.9 Bn in 2021 and is expected to grow at US$ 16.7 Bn in 2029. Global Oncology Information System Market size is expected to grow at a CAGR of 9.41 % through the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-oncology-information-system-market/6591/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.
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