Global Medical Plastics Market 2022-2026
Technavio has been monitoring the medical plastics market and it is poised to grow by $ 9.37 bn during 2022-2026, decelerating at a CAGR of 6.07% during the forecast period. Our report on the medical plastics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in the geriatric population, increasing surgical procedures, and strong demand from developing countries.
The medical plastics market analysis includes the automated production system segment and geographic landscape.
Technavio's medical plastics market is segmented as below:
By Geographical Landscape
- North America
- Rest of World (ROW)
This study identifies the growing recycling techniques as one of the prime reasons driving the medical plastics market growth during the next few years. Also, geographical expansion by vendors and increasing mergers and acquisitions (M&A) will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the medical plastics market covers the following areas:
- Medical plastics market sizing
- Medical plastics market forecast
- Medical plastics market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical plastics market vendors that include Avantor Inc., Celanese Corp., Compagnie de Saint Gobain SA, Eastman Chemical Co., Evonik Industries AG, HMC Polymers Co Ltd., Nolato AB, Orthoplastics Ltd., SABIC, Solvay SA, Tekni Plex Inc., The Dow Chemical Co., Trelleborg AB, Trinseo PLC, BASF SE, Covestro AG, Koninklijke DSM NV, and Rochling SE and Co. KG. Also, the medical plastics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.