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Global Medical Plastics Market Will Grow at a CAGR of 6.2% from 2017 to 2022

 



(MoneyNewsWire.Net, January 30, 2018 ) Plastics usage in medical devices is continuously evolving, with new types of medical devices, advances in polymer technology, and legislative and regulatory changes. In a new report, Medical Plastics: Global Markets to 2022, Research Cosmos estimates the global medical plastics market will grow at a compound annual growth rate (CAGR) of 6.2% to reach 13.6 billion pounds and 18.3 billion pounds in 2017 and 2022, respectively.

Browse details of 227 pages research report on Global Medical Plastics Market @ https://www.researchcosmos.com/reports/global-medical-plastics-market-analysis-with-forecasts-to-2022-growth-opportunities/1206519901

This comprehensive report, which updates an earlier Research Cosmos study, provides a leading-edge analysis of the continually evolving medical plastics space. It reviews the current legislative, regulatory and environmental issues; new products and technologies related to medical devices, sterilization techniques and impact on polymer selection; polymer usage in medical devices; product lines and trade-named products. The report also details the industry’s efforts to mitigate the impact of new products, especially biodegradable polymers.

Long-term trends in the global healthcare industry will continue to push market growth. The movement of healthcare activities to less-costly locations, such as outpatient clinics and homes, has increased the need for lighter materials, especially for housings. The growth of minimally invasive medical devices to minimize trauma, operating and recovery times also has increased the need for housings for medical devices, as well as for lighter, easily designed and non-corrosive materials such as plastics.

Research Highlights
• The U.S. accounted for nearly 40% of global consumption of medical plastics in 2016.
• This report analyzes major resins such as polyvinyl chloride (PVC), high density polyethylene (HDPE), low density polyethylene, linear low-density polyethylene (LDPPE/LLDPE), high impact polystyrene (HIPS), acrylonitrile butadiene styrene (ABS), polyesters, polycarbonates, acrylics, and TPEs, among others.
• Commodity thermoplastics dominate the global market with about 60% of total volume.
• Source reduction has emerged as a potentially effective means of reducing solid waste.

Public and governmental concern over environmental pollution, especially management of solid waste, has affected plastics more than other materials since plastics are perceived to be the worst offending materials,” said Andrew McWilliams, Research Cosmos analyst and author of the report. “Thus, the solid waste reduction options of recycling, source reduction, degradability and incineration have become factors in plastics marketing. Since medical waste is not recycled or landfilled and incineration is costly, source reduction is seen as a viable solution. These technologies will be employed by medical product manufacturers to reduce the amount of plastic entering solid waste streams, reducing the cost of incineration, usually borne by the end-user.

Avail Sample Market Brochure of the report for more information to evaluate report usefulness, Get a Copy @ https://www.researchcosmos.com/request/1206519901

Report Scope
This report will initially cover the medical device industry, itself, and industry and market information will be updated, and definitive and detailed estimates and forecasts of the global market will be provided, followed by a detailed analysis of the key resins used to make these devices.

The ever-changing face of the medical device industry; new types of medical devices legislative, regulatory and environmental issues; new products and technologies related to medical devices, sterilization techniques and impact on polymer selection; polymer usage in medical devices; status of PVC; and medical plastic’s product lines and trade-named products along with the recent introduction of three-dimensional (3D) printing are some of the topics that are covered.

As mentioned above, medical packaging applications per se are not covered in this report. However, several types of medical devices, such as syringes, trays, tubing and kits that are widely considered to be an integral part of the medical packaging market are covered in the report.

Report Includes
• 68 data tables and 39 additional tables
• An overview of the global markets for medical plastics
• Analyses of market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
• Information on new medical devices, new products, and technologies related to medical devices, sterilization techniques, and medical plastic product lines
• A look at key resins used to make medical devices, and new products and technologies related to these devices
• Examination of the market's dynamics, including growth drivers, restraints, and opportunities
• Evaluation of the environmental regulatory impacts on the market
• Profiles of major players in the industry, including: Allergan, Apex Medical Technologies, Baxter Inc., Becton Dickinson, Dunn Industries, Filtertek, GW Plastics, Harmac Medical

Inquire before buying @ https://www.researchcosmos.com/inquire/1206519901

About Research Cosmos:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.

Contact Us:
Dani Rodriguez
Sales Manager
Research Cosmos
www.researchcosmos.com
dani@researchcosmos.com
# +1 888 709 8757

Research Cosmos

Dani

+1 888 709 8757

dani@researchcosmos.com

Source: EmailWire.Com


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