Global Medical Plastics Market Analysis 2023-2028, with Profiles of Leading Companies, including Avient, Celanese, Eastman, Evonik, Neste and Sumitomoto

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Feb 08, 2024, 10:30 ET

DUBLIN, Feb. 8, 2024 /PRNewswire/ -- The "Medical Plastics: Global Markets" report has been added to ResearchAndMarkets.com's offering.

Medical plastics go through a variety of plastic fabrication and screening processes to produce a variety of standard-compliant medical devices and instruments, including sutures, dental instruments (suction tips, dam clamps, cotton roll holders, etc.), infusion bags, disposables (syringes), sterilization trays, and medical implants before being used in the healthcare manufacturing sector.

Increasing surgical, hospital, and outpatient operations, combined with the enforcement and upgrading of various infection prevention standards, are expected to fuel market growth. The price volatility of multiple resins, such as polyethylene (PE), polypropylene (PP), and polycarbonate (PC), has been significantly influenced by variations in oil prices. Changes in capacity have also influenced the market's price volatility.

In March 2021, U.S. President Joe Biden suggested allocating $400 billion over eight years to Medicaid to pay for at-home care for the elderly and disabled as well as raise carers' pay. Because home care lowers healthcare expenses and is more practical for patients, the COVID-19 epidemic has made it more desirable than nursing home settings. This is anticipated to raise the demand for home care medical consumables and devices, which can positively impact the market growth in the

Four geographical regions have been identified for the medical plastics market: North America, Asia-Pacific, Europe, and Rest of World (the Middle East and Africa, and Latin America). In 2022, the global market for medical plastics was dominated by the North American region. North America holds a 42.3% share of the global medical plastics market. A few of the main factors propelling the North American market are the existence of several domestic and foreign companies, the accessibility of resources, technological advancements, and the spike in demand for medical components.

The report analyses the global medical plastics market based on application and resin type. These segmentations are further analyzed at the global and regional levels.

The base year considered for analysis is 2022, and the market estimates and forecasts are given from 2023 to 2028. The scope for the medical plastics market is segmented into application and resin type.

Based on application, the market is segmented into -

Disposables -

Medical bags.
Syringes.
Tubing.
Surgical textiles.
Utensils.
Face and body protection and medical kit.
Catheters/IV.
Gloves.
Others (Trays, etc.).

Non-disposables -

Surgical instruments.
Testing/diagnostic equipment.
Prostheses/implants.
Dental/ophthalmic.

Based on resin, the market is segmented into -

Commodity thermoplastics.
Styrenics.
Engineering resins.
Thermosets.
TPEs.
Miscellaneous.

Report Includes

206 data tables and 65 additional tables
An overview and analysis of the global markets for medical plastics
Analyses of the global market trends, with historical market revenue data (sales figures) from 2022, estimates for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028
Estimates of the current actual market size and future consumption of medical plastics, their revenue forecast, correlated growth rates and market share analysis based on the resin types and sub-segments, applications and regions/countries
Information on new products and technologies related to medical plastics, sterilization techniques, medical plastic product lines, environmental and regulatory updates, and other macroeconomic trends and factors shaping the industry.
Overview of the market drivers and challenges
Analysis of market growth opportunities with a holistic review of Porter's Five Forces and PESTLE analyses, taking into account the prevailing micro
and macroeconomic factors in the market
Discussion of sustainability trends and factors in the market for medical plastics, with emphasis on consumer attitudes, ESG scores, case studies and the ESG practices of leading companies
Review of the emerging new technologies and patents in the medical plastics industry
An overview of the vendor landscape and the industry structure, including company market shares, recent M&A activity and venture funding
Profiles of the leading companies, including Avient, Celanese, Eastman, Evonik, Neste Oyj, and Sumitomoto

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Trends in Healthcare
Polymers Used in Medical Devices
Commodity Thermoplastics
Engineering Resins
Thermoset Resins
Summary of Resin Usage in Medical Devices

Chapter 4 Market Dynamics

Market Dynamics
Supply Chain Analysis
Regulatory Landscape
Importance of Standards in the Medical Industry
Porter's Five Forces Analysis

Chapter 5 Emerging Technologies

Technology Trends
Bioplastics in Medical Industry
New Product and Technology Development

Chapter 6 Processes for Producing Medical Device Plastics

Injection Molding
Extrusion
Single- and Twin-Screw Extrusion
Extrusion and Melt Film Fabrication
Blown Films
Film Casting
Solvent Casting
Blow Molding
Extrusion Blow Molding
Injection Blow Molding
Stretch Blow Molding
Thermoforming

Chapter 7 Sterilization Techniques

Overview of Methods
Ethylene Oxide Gas Sterilization
Radiation Sterilization
Gamma Radiation
E-Beam Radiation
Vaporized Hydrogen Peroxide
Dry-Heat Sterilization
Gamma Radiation vs. EtO
Move to Global Sterilization Standards
Polymer Reactions to Sterilization Methods
PVC
Polypropylene
Polyethylene
ABS and SAN
Polycarbonate
Polystyrene
Polyesters
Radiation Resistance

Chapter 8 Validation Tests for Medical Plastics

Ratings and Tests
Selected Sterilization Standards for Medical Devices

Chapter 9 Market Breakdown by Application

Non-disposable Medical Devices
Surgical Instruments
Testing and Diagnostic Equipment
Implants and Prosthetic Devices
Dental and Ophthalmic Products
Non-disposable Medical Devices Market by Region
Disposable Medical Devices
Medical Disposal Controversy
Market Estimates and Forecasts
Medical Bags
Syringes
Labware and Surgical Textile
Catheters and IV Units
Face and Body Protection and Medical Kit
Tubing
Gloves
Utensils

Chapter 10 Resins Used in Medical Devices

Material Selection
Target Areas for Medical Plastics
Potential Problems Encountered in Using Specific Polymers for Medical Applications in Hospital Environments
Resins
Background
Commodity Thermoplastics
Polyvinyl Chloride
Polypropylene
Polyethylene
High-Density Polyethylene (HDPE)
Low-Density Polyethylene (LDPE)
Styrenics
Polystyrene
High-Impact Polystyrene (HIPS)
Market Players and Industry Leaders
Processing
Medical Applications of Polystyrene and HIPS
Styrene Copolymers
Styrene Block Copolymers
Acrylonitrile-Butadiene-Styrene (ABS)
Styrene-Acrylic Copolymers
Styrene-Acrylonitrile Copolymers (SAN)
Engineering Resins
Polycarbonates
Nylon
Thermoplastic Polyesters
Polyacetals
Polysulfones
Polyimides
Polyetherimides (PEI)
Polyketones
Liquid Crystal Polymers
Thermoset Resins
Acrylics
Silicones
Polyurethanes
Elastomers
Thermoplastic Olefins (TPOs)
COPEs (Copolyesters)
Thermoplastic Polyurethanes (TPUs)
TPU-Silicone Copolymers
Miscellaneous Resins
Fluoropolymers
Biopolymers and Biodegradable Polymers
Polymers for Controlled Delivery
PLLA-Based Wound Dressings
Polymer Alloys and Blends
PPO/HIPS
PC/ABS
Changing Requirements
Property Requirements
Failure of Plastic Medical Devices
Physical Property Effects on Resin Materials
Impact Strength
Stress-Strain Behavior
Heat Resistance
Chemical Resistance
Clarity or Transparency
Bondability
Summary of Physical Property Characteristics of Medical Devices
Use of Plastics in Medical Devices
Overall Resin Usage

Chapter 11 Market Breakdown by Region

Chapter 12 Sustainability in Medical Plastics Industry: An ESG Perspective

Chapter 13 Patent Review

Chapter 14 Mergers and Acquisitions

Chapter 15 Competitive Landscape

Chapter 16 Company Profiles

Avient
Celanese
Eastman Chemical
Ensinger
Evonik Industries
Hmc Polymer
Neste
Sumitomo Chemical
Teijin
Toray Industries

For more information about this report visit https://www.researchandmarkets.com/r/xivje5

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