NEW YORK, July 26, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Analysis of the Plastic Polymers in Medical Devices Market
This research service discusses the plastics in medical devices market in the United States. The plastics covered in this study include polyvinyl chloride (PVC), polyethylene (PE), and polycarbonate (PC). A detailed account of the important factors driving and restraining the market growth is included. This study also offers insight into the challenges industry participants face. Unit shipment and revenue forecasts have been given for each of the product segments, along with information about the competitive structures. Analyses of market share are provided for each market segment. Furthermore, analyses of product prices are provided. The forecast period is 2012 to 2018.
•In 2011, volume for the U.S. market for plastics in medical devices was estimated at xx billion pounds and revenue was $xx billion.
•Commodity thermoplastics, the most commonly used materials in medical devices, include polyvinyl chloride (PVC), polyethylene (PE), polystyrene (PS), polypropylene (PP), and polycarbonate (PC). Commodity thermoplastics dominate the market, followed by thermoplastic elastomers (TPEs), engineering resins, and thermosets.
•Plastics currently form one of the most important components of the medical industry. Medical device designers and engineers increasingly prefer plastic to conventional materials, such as metal and glass, because of its superior flexibility in the fabrication process.
•Volume for the U.S. medical device market is expected to reach xx million by 2018 at a xpercent compound annual growth rate (CAGR).
•Asia-Pacific constitutes the fastest growing market for medical plastics globally.
•The medical plastics market is projected to grow rapidly, particularly in developing regions, such as Asia-Pacific and Latin America. This growth is driven by a gradual increase in demand for sophisticated medical devices and enhanced medical care.
•China has modernized and improved its healthcare system, which has allowed medical device firms in the country to increase their global competitiveness, especially with the United States, the world's leading medical plastics producer. Some plastics companies in the United States involved in the processing and design of medical devices are looking to take advantage of these industry changes.
•The healthcare market is less affected by changes in the economy than others are, and this allows for growth in the medical plastics market.
•The factors generating greater demand for medical plastics include reductions in healthcare costs; advancements in sterilization techniques; technological innovations; and the use of disposable medical supplies. Also, materials with improved properties that meet infection-control standards are in development.
•Additionally, the development of novel materials, such as biocompatible polymers for medical implants, will address the environmental concern that is prevalent in the global medical plastics market.
Total Plastic Polymers in Medical Devices Market
•External Challenges: Drivers and Restraints
•Forecasts and Trends
•Market Share and Competitive Analysis
•Mega Trends and Industry Convergence Implications
PVC Segment Breakdown
PP Segment Breakdown
PE Segment Breakdown
PC Segment Breakdown
Other Polymers Segment Breakdown
•Ethylene- and Propylene-based Acrylic Binders Sub segment Breakdown
•Styrene Sub segment Breakdown
•TPU and TPV Sub segment Breakdown
•SBC Sub segment Breakdown
•COPE Elastomer Sub segment Breakdown
•PEBA Sub segment Breakdown
•Acetal Copolymer and Thermoplastic Polyester Sub segment Breakdown
•Silicone Sub segment Breakdown
The Last Word
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Plastic Industry: Analysis of the Plastic Polymers in Medical Devices Market
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