Global Medical Polymer Market- Analysis and Forecast (2018-2024) – by Product Type, Application and Geography Global Medical Polymer Market is estimated to surpass XX USD Billion mark in 2017 at a Compound Annual Growth Rate (CAGR) of XX% during the forecast period 2018-2024 globally. Medical polymer possesses low weight compared to the metallic material hence are preferred for a variety of applications in medical industry. Polymers are widely used in the medical sector, including diagnostic systems, implants, and accessories. Intraocular lenses, contact lenses, facial implants, vascular grafts, breast implants, catheters, dental implants, and prosthetic hearth valves are a few examples of where the medical polymers are used. Global medical polymer market is driven by rising geriatric population and prevalence of chronic diseases, which significantly has boosted demand for medical implants. In addition, medical polymer market is witnessing high growth globally owing to the high acceptance and adoption of polymers for product manufacturing. Medical polymer segment has further dominated the healthcare sector due to their high flexibility, low manufacturing cost, and high infection resistance compared to other metallic materials. Global medical polymer market is segmented into product type, application, and geography. Among the product type, fibres and resin segment have accounted for the largest share of market owing to high use (due to greater biocompatibility) of these products in various applications including hip & joint replacement surgeries, spinal implants, and different injuries. It is also expected to undergo rapid growth in medical elastomer segment as well due to a growing acceptance of substitution of traditional material including glass, ceramics, and metals. Implants application segment held the largest market share in 2017, due to a high demand for implants for replacement surgeries such as a knee, hip, joint, and dental. On the basis of region, global medical polymer market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the year 2017, North America accounted for the largest share of the medical polymer market followed by Europe, and the Asia Pacific. North American domination is mainly due to the increased prevalence of chronic disease, and a high transplant surgery rate. In addition, the population having a higher awareness of health benefits like low product cost and enhanced performance polymers have further boosted the overall growth. Also, the presence of major manufacturers and their wellestablished network in the region have also helped in the overall growth. Asia Pacific region is expected to see growth in medical polymer market during the current forecast period due to the rising awareness for low cost but advanced materials and their related benefits. Key Players Of the Global Medical Polymer Market: • Eastman Chemical Company • Evonik Industries AG • The Dow Chemical Company • Formosa Plastics Corporation USA • Arkema SA • BASF SE • Covestro AG • DSM N.V. • Solvay S.A • Celanese Corporation • Victrex Plc. • DuPont • Tianjin Plastics Research Institute Co. Ltd • Lubrizol Corporation • Bayer • Celanese • Eastman Chemical • Borealis • DSM • ExxonMobil • Huizhou Foryou Medical Devices • Kraton Performance Polymers • Victrex Maximize Market Research has comprehensively analyzed Global Medical Polymer Market emphasizing on each and every segment keeping global and regional dynamics in
perspective. The driving forces, as well as considerable restraints, have been explained in depth to attain a balanced scenario. The report classifies Global Medical Polymer Market into various segments such as product type, application, and regions providing a thorough understanding of the Global Medical Polymer Ecosystem. Importantly, the report delivers forecasts of the market, giving an insight into the future opportunities that exist in the Global Medical Polymer Market. For More Information Visit Here https://www.maximizemarketresearch.com/market-report/globalmedical-polymer-market/12507/
The Scope of the Global Medical Polymer Market: Global Medical Polymer Market, By Product type: fibres and resins, medical elastomers, biodegradable medical polymers Global Medical Polymer Market, By Application: implants, diagnostic systems, hospital accessories Global Medical Polymer Market, By Geography: North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. This Report Is Submitted By @Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: sales@maximizemarketresearch.com Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India. Contact: +91 20 6630 3320/ +919607065656/ +919607195908