United States Medical Polymers Market 2025: Industry Developments, Future Growth, Share & Industry Insights | Covestro AG, Celanese Corporation, DuPont, UL LLC, Evonik, Exxon Mobil Corporation, Foryou Medical

Global medical polymers market size was US$ 40.81 Billion in 2024 and is expected to reach US$ 78.46 Billion by 2033, growing at a CAGR of 7.5% during the forecast period 2025-2033.

Get a Free Sample Research PDF: https://datamintelligence.com/download-sample/medical-polymers-market?sg

Industry Latest News 2025:

✅ 10 Jul 2025: Artience launches functional synthetic polymers for enhanced in‐vitro diagnostics performance.

✅ 25 Jun 2025: Covestro AG begins localised production of its Desmopan® Rx medical‐grade TPU at its Changhua (Taiwan) facility for medical‐device tubing and endoscope use.

✅ 1 Jul 2025: Evonik Industries AG enters a strategic distribution agreement with IMCD Group: IMCD becomes exclusive European distributor for Evonik's RESOMER® bioresorbable polymers for implantable medical devices.

✅ 15 Jul 2025 (or around): Formerra LLC to supply custom medical‐grade compounds across the Americas, adding to its GEON® PVC and filled polypropylene materials.

✅ 2025 04 07: BASF SE announced at the CHINAPLAS trade show that its Elastollan® TPU "FC" grade (thermoplastic polyurethane, food contact / GMP qualified) will be showcased for medical tube applications in Asia Pacific signaling its capability for medical device tubing (though the event was in Asia).

Market Geographical Share:

North America: Holding a dominant position in the global market, North America accounts for a significant share due to the presence of established healthcare infrastructure, high adoption of advanced medical devices, and strong regulatory frameworks supporting polymer-based medical products. The United States is a key contributor, with increased spending on healthcare innovations and polymer-based implants.

Asia-Pacific: Asia-Pacific is emerging as a rapidly growing market, fueled by increasing healthcare expenditure, expanding medical device manufacturing, and rising geriatric population. Countries such as China, India, and Japan are witnessing significant adoption of medical polymers in surgical and diagnostic equipment.

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/medical-polymers-market?sg

Market Drivers:

✅ Rising Demand for Minimally Invasive Surgeries: The growing preference for minimally invasive procedures, which require polymer-based catheters, stents, and surgical instruments, is a key driver of market expansion.

✅ Advancements in Biocompatible Polymers: Continuous innovations in polymer formulations, such as biodegradable and bioactive polymers, are boosting their adoption in implants, drug delivery systems, and tissue engineering applications.

✅ Growing Healthcare Infrastructure: Expansion of hospitals, clinics, and diagnostic centers worldwide is increasing the demand for medical devices and, consequently, medical polymers.

✅ Aging Population and Chronic Diseases: The rise in chronic diseases and an aging population globally is driving the need for advanced medical treatments, prosthetics, and implants, all of which heavily rely on medical polymers.

✅ Regulatory Support and Safety Standards: Stringent regulations and guidelines ensuring the safety and efficacy of medical devices encourage manufacturers to adopt high-quality polymers, supporting market growth.

Segments Covered in the Medical Polymers Market:

By Product Type (Medical Resins and Fibers, Medical Elastomers, Biodegradable Polymers and Others)

By Application (Medical Devices, Surgical Consumables and Disposables, Tissue Engineering and Medical Implants, Drug Delivery Systems and Others)

Regional Analysis for Medical Polymers Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Buy Now & Get 30% OFF - Grab 50% OFF on 2+ reports: https://www.datamintelligence.com/buy-now-page?report=medical-polymers-market?sg

Major Key Players: BASF SE, Covestro AG, Celanese Corporation, DuPont, UL LLC, Evonik, Exxon Mobil Corporation, Foryou Medical, Kraton Corporation, and SABIC

✅ Covestro AG: One of the leading medical polymer suppliers globally, especially known for its biocompatible polycarbonates and thermoplastic polyurethanes, playing a major role in device-grade resins.

✅ Celanese Corporation: Strong in high‐performance engineered polymers (e.g., POM, PPS, LCP) used in surgical instruments, diagnostic equipment, and automated drug-delivery devices.

✅ DuPont: Supplies polymers like Hytrel® and Crastin® (elastomers / polyesters) with low extractables, used in sensitive medical components such as catheter jackets and connectors.

✅ UL LLC: While not always a major producer, UL plays an important role as a certification and testing partner in the medical polymers market, helping suppliers ensure biocompatibility, sterilization safety, and regulatory compliance (note: direct "share" data for UL as a material producer is limited, since its core business is testing & certification).

✅ Evonik: A key specialty polymers player - its RESOMER® bioresorbable polymer line is widely used in implants and drug-delivery; it also produces high-performance polymers like PEEK and PMMA for orthopedics and dental applications.

✅ Exxon Mobil Corporation: Participates in the medical polymers market as a major raw‐material (base polymer) supplier; its inclusion in many major‐player lists indicates its role in supplying commodity and specialty polymers used for medical devices.

Unlimited Insights. One Subscription: https://www.datamintelligence.com/reports-subscription?sg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.