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Medical Plastics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018
1. Medical Plastics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018
Increasing need for medical devices with high shelf life, increasing export and import of medical devices,
increasing demand for sterilized and disposable devices are some of the factors driving the sales of medical
plastics market. Increasing demand for cost effective, light weight, the increasing use of prosthetics and the
increasing use of non magnetic equipments around heavily magnetized medical equipments such as an MRI,
are other factors serving as market drivers for the medical plastics market. The rising economies in the Asia
Pacific region, the rising demand for high technology medical devices will act as opportunities for the medical
plastics market. Formation of organizations like HPRC (Healthcare Plastics Recycling Council), help
organizations to dispose plastic effectively and help design recycling guidelines for disposing plastic, hence
avoiding raising any environmental concerns and thereby acting as an opportunity for the medical plastics
market in this go-green age. The strict government regulations and the high recall costs are two of the major
restraints for the medical plastics market.
The use of plastic in the healthcare sector is extensive. Plastic is used in packaging; it is incorporated in the
products, and medical disposable techniques. Some of the characteristics of plastic such as flexibility,
preserving capabilities act imperatively in favor of the medical plastics market. U.S has the maximum market
share in the medical plastics market because of factors like technological advancements, and availability of
sophisticated medical devices coupled with high diligence concerning healthcare awareness.
The medical plastics market could be segmented into two major categories based on its resin types: Radiation
resistant, PVC, Polyethylene, Polycarbonate, Polyester, Polypropylene, ABS and SAN resins, Polystyrene,
and based on its applications into medical packaging and medical products segments. The medical plastics
market could also be geographically segmented into U.S, Europe, Asia Pacific and the rest of the world
regions.
Some of the key players in the medical plastics market are BASF, Becton and Dickinson, Baxter
International, DOW Chemical. Du Pont, Bayer, Cyro Industries, Exxon Mobil Corporation, Saint Gobain
Performance Plastics, Tekni Plex Corporation, Alcan Packaging and others.
This research report analyzes this market depending on its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include North America Asia Pacific Europe
Rest of the World
This report provides comprehensive analysis of Market growth drivers Factors limiting market growth
Current market trends Market structure Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of recent developments in technology,
Porter’s five force model analysis and detailed profiles of top industry players. The report also includes
a review of micro and macro factors essential for the existing market players and new entrants along with
detailed value chain analysis.
Reasons for Buying this Report This report provides pin-point analysis for changing competitive dynamics It
provides a forward looking perspective on different factors driving or restraining market growth It provides a
technological growth map over time to understand the industry growth rate It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow It helps in understanding the key product
segments and their future It provides pin point analysis of changing competition dynamics and keeps you
ahead of competitors It helps in making informed business decisions by having complete insights of market
and by making in-depth analysis of market segments It provides distinctive graphics and exemplified SWOT
analysis of major market segments
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Medical Plastics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018
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Medical Plastics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018