
Global Medical Plastic Market Size study, by Type (Engineering Plastics, HPP, Standard Plastics, Silicone, Others), by Application (Medical Disposables, Prosthetics, Medical Instruments & Tools, Drug Delivery, Others), and Regional Forecasts 2022-2032
Description
Global Medical Plastic Market Size study, by Type (Engineering Plastics, HPP, Standard Plastics, Silicone, Others), by Application (Medical Disposables, Prosthetics, Medical Instruments & Tools, Drug Delivery, Others), and Regional Forecasts 2022-2032
The Global Medical Plastic Market, valued at approximately USD 29.66 billion in 2023, is projected to exhibit a robust compound annual growth rate (CAGR) of 6.80% during the forecast period of 2024-2032. Medical plastics, renowned for their exceptional biocompatibility, sterilization capabilities, and versatility, play an indispensable role in advancing the healthcare industry. These materials are pivotal in manufacturing a myriad of medical devices, disposable products, and tools that ensure safety, efficiency, and reliability in patient care.
The demand for medical plastics is surging, driven by the escalating need for innovative healthcare solutions, especially in the wake of an aging global population and rising chronic disease prevalence. Engineering plastics and high-performance polymers (HPP) are at the forefront, offering unparalleled mechanical strength and chemical resistance, making them ideal for critical medical applications. Moreover, advancements in material science, including sustainable and biodegradable plastics, are aligning with global environmental goals, thereby expanding the market's scope and appeal.
The market is witnessing heightened activity with increased investments in research and development for medical-grade plastics. This is complemented by the healthcare industry's growing emphasis on precision manufacturing, ensuring stringent regulatory compliance and product integrity. However, challenges such as high production costs and the intricate requirements for medical-grade certifications pose hurdles to the industry's unfaltering growth trajectory.
Regionally, North America dominates the medical plastic market, underpinned by a sophisticated healthcare infrastructure, extensive R&D activities, and strong regulatory frameworks. Europe closely follows, leveraging its robust manufacturing capabilities and focus on innovative medical technologies. Meanwhile, the Asia-Pacific region is poised to experience the fastest growth, fueled by expanding healthcare access, burgeoning medical tourism, and significant investments in healthcare infrastructure across countries like China and India. Latin America and the Middle East & Africa also present promising opportunities, driven by rising demand for advanced medical devices and a growing focus on improving healthcare delivery systems.
Major market players included in this report are:
• 3D Systems Corporation
• CollPlant Biotechnologies Ltd
• Advanced Solutions, Inc.
• Desktop Metal, Inc.
• Cyfuse Biomedical K.K
• Medprin Biotech GmbH
• REGEMAT 3D S.L
• Shining 3D
• The Bio Convergence Company
• Organovo Holdings, Inc.
• Celanese Corporation
• Evonik Industries AG
• BASF SE
• SABIC
• DuPont
The detailed segments and sub-segment of the market are explained below:
By Type
• Engineering Plastics
• HPP (High-Performance Polymers)
• Standard Plastics
• Silicone
• Others
By Application
• Medical Disposables
• Prosthetics
• Medical Instruments & Tools
• Drug Delivery
• Others
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years considered for the study are as follows:
Historical Year – 2022
Base Year – 2023
Forecast Period – 2024 to 2032
Key Takeaways:
• Market estimates and forecasts spanning a 10-year horizon (2022-2032).
• Comprehensive annualized revenue analysis by region and segment.
• Detailed geographical insights with country-specific data.
• In-depth competitive analysis of market players.
• Strategic recommendations for navigating emerging trends and market challenges.
• Examination of supply-demand dynamics and their impact on market evolution.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
285 Pages
- Chapter 1. Global Medical Plastic Market Executive Summary
- 1.1. Global Medical Plastic Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Medical Plastic Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Medical Plastic Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Demand for Advanced Medical Devices
- 3.1.2. Innovations in Biocompatible Materials
- 3.1.3. Expansion of Healthcare Infrastructure
- 3.2. Market Challenges
- 3.2.1. High Production Costs
- 3.2.2. Stringent Regulatory Compliance
- 3.3. Market Opportunities
- 3.3.1. Growth in Emerging Markets
- 3.3.2. Development of Sustainable Plastics
- 3.3.3. Increasing Use in Drug Delivery Systems
- Chapter 4. Global Medical Plastic Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Medical Plastic Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Medical Plastic Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Engineering Plastics
- 5.2.2. HPP (High-Performance Polymers)
- 5.2.3. Standard Plastics
- 5.2.4. Silicone
- 5.2.5. Others
- Chapter 6. Global Medical Plastic Market Size & Forecasts by Application 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Medical Plastic Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Medical Disposables
- 6.2.2. Prosthetics
- 6.2.3. Medical Instruments & Tools
- 6.2.4. Drug Delivery
- 6.2.5. Others
- Chapter 7. Global Medical Plastic Market Size & Forecasts by Region 2022-2032
- 7.1. North America Medical Plastic Market
- 7.1.1. U.S. Medical Plastic Market
- 7.1.1.1. Engineering Plastics Breakdown Size & Forecasts, 2022-2032
- 7.1.1.2. Medical Disposables Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Medical Plastic Market
- 7.2. Europe Medical Plastic Market
- 7.2.1. UK Medical Plastic Market
- 7.2.2. Germany Medical Plastic Market
- 7.2.3. France Medical Plastic Market
- 7.2.4. Spain Medical Plastic Market
- 7.2.5. Italy Medical Plastic Market
- 7.2.6. Rest of Europe Medical Plastic Market
- 7.3. Asia-Pacific Medical Plastic Market
- 7.3.1. China Medical Plastic Market
- 7.3.2. India Medical Plastic Market
- 7.3.3. Japan Medical Plastic Market
- 7.3.4. Australia Medical Plastic Market
- 7.3.5. South Korea Medical Plastic Market
- 7.3.6. Rest of Asia Pacific Medical Plastic Market
- 7.4. Latin America Medical Plastic Market
- 7.4.1. Brazil Medical Plastic Market
- 7.4.2. Mexico Medical Plastic Market
- 7.4.3. Rest of Latin America Medical Plastic Market
- 7.5. Middle East & Africa Medical Plastic Market
- 7.5.1. Saudi Arabia Medical Plastic Market
- 7.5.2. South Africa Medical Plastic Market
- 7.5.3. Rest of Middle East & Africa Medical Plastic Market
- Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. BASF SE
- 8.1.2. DuPont
- 8.1.3. SABIC
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. BASF SE
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. DuPont
- 8.3.3. SABIC
- 8.3.4. 3D Systems Corporation
- 8.3.5. CollPlant Biotechnologies Ltd
- 8.3.6. Advanced Solutions, Inc.
- 8.3.7. Desktop Metal, Inc.
- 8.3.8. Cyfuse Biomedical K.K
- 8.3.9. Medprin Biotech GmbH
- 8.3.10. REGEMAT 3D S.L
- 8.3.11. Shining 3D
- 8.3.12. The Bio Convergence Company
- 8.3.13. Organovo Holdings, Inc.
- 8.3.14. Celanese Corporation
- 8.3.15. Evonik Industries AG
- Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- List of Tables
- TABLE 1. Global Medical Plastic Market, Report Scope
- TABLE 2. Global Medical Plastic Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
- TABLE 3. Global Medical Plastic Market Estimates & Forecasts by Type 2022-2032 (USD Million/Billion)
- TABLE 4. Global Medical Plastic Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
- TABLE 5. Global Medical Plastic Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 6. Global Medical Plastic Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 7. Global Medical Plastic Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 8. Global Medical Plastic Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 9. Global Medical Plastic Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 10. Global Medical Plastic Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 11. Global Medical Plastic Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 12. Global Medical Plastic Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 13. Global Medical Plastic Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 14. Global Medical Plastic Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 15. U.S. Medical Plastic Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 16. U.S. Medical Plastic Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 17. U.S. Medical Plastic Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 18. Canada Medical Plastic Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 19. Canada Medical Plastic Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 20. Canada Medical Plastic Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIG 1. Global Medical Plastic Market, Research Methodology
- FIG 2. Global Medical Plastic Market, Market Estimation Techniques
- FIG 3. Global Market Size Estimates & Forecast Methods
- FIG 4. Global Medical Plastic Market, Key Trends 2023
- FIG 5. Global Medical Plastic Market, Growth Prospects 2022-2032
- FIG 6. Global Medical Plastic Market, Porter’s 5 Force Model
- FIG 7. Global Medical Plastic Market, PESTEL Analysis
- FIG 8. Global Medical Plastic Market, Value Chain Analysis
- FIG 9. Global Medical Plastic Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 10. Global Medical Plastic Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 11. Global Medical Plastic Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 12. Global Medical Plastic Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 13. Global Medical Plastic Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 14. Global Medical Plastic Market, Regional Snapshot 2022 & 2032
- FIG 15. North America Medical Plastic Market 2022 & 2032 (USD Million/Billion)
- FIG 16. Europe Medical Plastic Market 2022 & 2032 (USD Million/Billion)
- FIG 17. Asia Pacific Medical Plastic Market 2022 & 2032 (USD Million/Billion)
- FIG 18. Latin America Medical Plastic Market 2022 & 2032 (USD Million/Billion)
- FIG 19. Middle East & Africa Medical Plastic Market 2022 & 2032 (USD Million/Billion)
- FIG 20. Global Medical Plastic Market, Company Market Share Analysis (2023)
- This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.
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