Medical Plastic Compounds Market Garner USD 81.1 bn by 2026

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Medical Plastic Compounds Market
Medical Plastic Compounds Market

The global medical plastics compounds market size is expected to reach around USD 81.1 billion by 2026, growing with5.3% CAGR during the forecast time period 2019 to 2026.

Regional Insights

North America is relied upon to be the predominant district representing over 35% of the market in 2018. The provincial market is driven by flooding rate of way of life maladies and government activity on enhancing healthcare industry. Expanding market tourism industry particularly in nations, for example, U.K., Germany, and France is foreseen to build demand for gadgets. Developing home healthcare devices and self-medication in Europe is relied upon to impel industry development over the coming years. Asia Pacific healthcare industry demand is relied upon to develop at an expected CAGR of 5.8% from 2016 to 2025. To diminish the expense of hospital stay is relied upon to expand center around homecare health devices and improve the demand for diabetes control gadgets and dialysis packs.

Market Participants

Few of the main player present in the global medical plastic compounds market are Saint Gobain Performance Plastics; GW Plastics; Nolato AB; Baxter International; Orthoplastics Ltd.; Cyro Industries; Rochling Group; Becton & Dickinson; Medplast Inc.; Dow Chemical; Freudenberg Market LLC.; ExxonMobil Corporation and Du Pont.

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Market Segmentation

Market By Product
Polyvinyl Chloride
Polyethylene
Polypropylene
Polystyrene
Polyester
Polycarbonate
Polyurethane
Acrylics
Others

Market By Application
Disposables
Catheters
Surgical Instruments
Medical Bags
Implants
Drug Delivery System
Others

Market By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
Latin America
Brazil
Chile
Rest of Latin America
Middle East and Africa (MEA)
South Africa
Saudi Arabia
Rest of MEA

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