The US Medical Plastics market is projected to grow at a modest CAGR of 6.0% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the higher demand for surgical instruments in the country. According to the Health Resources & Service Administration, as of July 2019, there were more than 113,000 candidates for an organ transplant on the US national waiting list. About 95.0% of the US adults support organ donations, however, only 58.0% are signed up as donors. Hence, such a high demand for organ transplants in the country is likely to demand for significant surgical and other medical equipment which is likely to contribute to the growth of the market over the forecast period. Furthermore, the increased prevalence of diseases among the peoples due to sedentary lifestyles and improved healthcare infrastructure of the region is also projected to propel the growth of the market during the forecast period.
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The US medical plastic market is segmented on the basis of plastic type and applications. Based on the plastic type, the market is segmented as traditional plastics and engineered plastics. The traditional plastics include Polyvinylchloride (PVC), Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), and Silicone. Whereas, the engineered plastics segment includes Nylon, Polycarbonate (PC), Polyoxymethylene (POM), Acrylonitrile butadiene styrene (ABS), Polymethylmethacrylate (PMMA), Polyphenylene Oxide (PPO), and others. Based on the applications, the market is segmented as disposables, diagnostic instruments, catheters and syringes, implants, dental tools, surgical instruments, medical bags, drug delivery devices, and others.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
US Medical Plastics Market by Plastic Type
- Traditional Plastics
- Polyvinylchloride(PVC)
- Polyethylene (PE)
- Polystyrene (PS)
- Polypropylene (PP)
- Silicone
- Engineered Plastics
- Nylon
- Polycarbonate (PC)
- Polyoxymethylene (POM)
- Acrylonitrile butadiene styrene (ABS)
- Polymethylmethacrylate (PMMA)
- Polyphenylene Oxide (PPO)
- Others (Polyetheretherketone (PEEK))
US Medical Plastics Market by Application
- Disposables
- Diagnostic Instruments
- Catheters and Syringes
- Implants
- Dental Tools
- Surgical Instruments
- Medical Bags
- Drug Delivery Devices
- Others (Sterilization Trays, Wound Care, Anesthetic and Imaging Equipment &Other Medical Devices)
Company Profiles
- BASF SE
- Celanese Corp.
- Dow DuPont Inc.
- Eastman Chemical Co.
- Evonik Industries AG
- Exxon Mobil Corp.
- Mitsubishi Chemical Corp.
- Orthoplastics Ltd.
- Royal DSM NV
- SABIC
- Saint-Gobain S.A
- Solvay SA
- Tekni-Plex, Inc.
- Trelleborg AB
- Trinseo S.A.
The Report covers:
- Comprehensive research methodology of the US medical plastics market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US medical plastics market.
- Insights about market determinants that are stimulating the US medical plastics market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
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