Toll Free: 1-888-928-9744

Medical Polymers Market Analysis By Product (Resins & Fibers, Elastomers, Biodegradable Plastics), By Application (Devices and Equipments, Packaging) and Segment Forecasts To 2020

Published: Jun, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Plastics | Report Format: Electronic (PDF)

Global Medical Polymer Market By Product (Resins & Fibers, Elastomers, Biodegradable Plastics) By Application (Devices & Equipments, Packaging) Expected To Reach USD 17.05 Billion By 2020
June 2014
The global market for medical polymers is expected to reach USD 17.05 billion by 2020. Increasing substitution of conventional materials such as glass and metals in medical devices by high performance polymers such as PVC and polypropylene coupled with growing demand for medical devices from the fast developing Asian healthcare market is expected to drive medical polymer demand over the next six years. In addition, growing geriatric population is expected to further boost the demand for polymer based devices in minimally invasive surgeries resulting in increased demand for medical polymers.

Devices and equipments were the largest application markets, accounting for over 2,000 kilo tons of medical polymer demand in 2013. Growing medical tourism due to low cost labor and advanced facilitates in emerging healthcare destinations of India, China, Malaysia and Singapore is expected to have positive impact on the market over the forecast period. Medical polymers are also extensively used in medical packaging applications owing to its superior properties and accounted for 2,271.3 kilo tons of demand in 2013.

Further key findings from the study suggest:

Medical polymer demand was 4,901.1 kilo tons in 2013 and is expected to reach 7,149.8 kilo tons by 2020, growing at a CAGR of 5.6% from 2014 to 2020.
Fibers & resins were the largest product segment, with demand of 4,254.4 kilo tons in 2013 due to substitution of traditional materials used in devices, equipment and packaging by fibers and resins such as polyvinyl chloride, polypropylene, polyurethane and polystyrene.
North America was the largest regional market for medical polymers, with revenue exceeding USD 4.18 billion in 2013. The presence of advanced medical and healthcare facility in the region was a key contributor to the high demand. In addition, the region is also expected to witness significant growth at an estimated CAGR of 8.1% from 2014 to 2020.
Packaging applications are expected to witness fastest growth, at an estimated CAGR of 6.0% from 2014 to 2020. Packaging of syringes, tablets and other drugs takes place using polymers due to superior properties such as low weight, application specific performance and biodegradability which is expected to drive demand in this application.
Key companies in the market include BASF S.E, Bayer Material Science AG, Celanese Corporation, DSM N.V, E.I. DuPont de Numeros Company, Eastman Chemical, Evonik Industries AG, Exxon Mobil Corporation, Dow Chemical Company, Huizhou Foryou Medical Device Co Ltd, Kraton Performance Polymers Inc. and others.
For the purpose of this study, Grand View Research has segmented the global medical polymer market on the basis of product, application and region:

     Medical Polymer Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
             Resins & Fibers
                     Polyvinyl chloride
                     Polypropylene
                     Polyurethane
                     Polystyrene
                     Others (Nylon, PET, PA, PC, ABS)
             Elastomers
                     Styrene block copolymer
                     Rubber latex
                     Others (TPU, TPO, TPV)
             Biodegradable Plastics
     Medical Polymer Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
             Medical Devices & Equipments
             Medical Packaging
             Others (Cardio, Tissue Culture)
     Medical Polymer Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
             North America 
             Europe 
             Asia Pacific 
             RoW
 Table of Contents
Chapter 1 Executive Summary 1.1 Medical Polymers - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Medical Polymers Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Medical Polymers Value Chain Analysis 2.4 Medical Polymers Market Dynamics 2.4.1 Market driver analysis 2.4.1.1 Growing demand for medical devices 2.4.1.2 Growing aging population 2.4.2 Market restraint analysis 2.4.2.1 Volatility in raw material cost 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Medical Polymers - PESTEL Analysis Chapter 3 Medical Polymers Product Outlook 3.1 Medical Resins and Fibers 3.1.1. Global demand of medical resins and fibers, 2012-2020, (Kilo Tons), (USD million) 3.1.1.1 Global demand of medical polyvinyl chloride, 2012-2020, (Kilo Tons), (USD million) 3.1.1.2 Global demand of medical polypropylene, 2012-2020, (Kilo Tons), (USD million) 3.1.1.3 Global Medical Polymers demand of polyethylene, 2012-2020, (Kilo Tons), (USD million) 3.1.1.4 Global demand of medical polystyrene, 2012-2020, (Kilo Tons), (USD million) 3.1.1.5 Global demand of other medical resins, 2012-2020, (Kilo Tons), (USD million) 3.2 Medical elastomers 3.2.1 Global demand of medical elastomers, 2012-2020, (Kilo Tons), (USD million) 3.2.1.1 Global demand of medical styrenic block copolymers, 2012-2020, (Kilo Tons), (USD million) 3.2.1.2 Global demand of medical rubber latex, 2012-2020, (Kilo Tons), (USD million) 3.2.1.3 Global demand of other medical elastomers, 2012-2020, (Kilo Tons), (USD million) 3.3 Biodegradable Plastics 3.3.1 Global demand of biodegradable medical plastics, 2012-2020, (Kilo Tons), (USD million) Chapter 4 Medical Polymers Application Outlook 4.1 Medical devices and equipments 4.1.1. Medical Polymers demand in devices and equipments, 2012-2020, (Kilo Tons), (USD million) 4.2 Medical packaging 4.2.1 Global Medical Polymers demand in packaging, 2012-2020, (Kilo Tons), (USD million) 4.3 Others 4.3.1 Global Medical Polymers demand in other applications, 2012-2020, (Kilo Tons), (USD million) Chapter 5 Medical Polymers Regional Outlook 5.1 North America 5.1.1 market volume & revenue by product, 2012-2020 (Kilo Tons), (USD million) 5.1.2 market volume & revenue by application, 2012-2020 (Kilo Tons), (USD million) 5.2 Europe 5.2.1 market volume & revenue by product, 2012-2020 (Kilo Tons), (USD million) 5.2.2 market volume & revenue by application, 2012-2020 (Kilo Tons), (USD million) 5.3 Asia Pacific 5.3.1 market volume & revenue by product, 2012-2020 (Kilo Tons), (USD million) 5.3.2 market volume & revenue by application, 2012-2020 (Kilo Tons), (USD million) 5.4 RoW 5.4.1 market volume & revenue by product, 2012-2020 (Kilo Tons), (USD million) 5.4.2 market volume & revenue by application, 2012-2020 (Kilo Tons), (USD million) Chapter 6 Medical Polymers Competitive landscape 6.1 BASF SE 6.1.1 Company Overview 6.1.2 Financial Performance 6.1.3 Product Benchmarking 6.1.4 Strategic Initiatives 6.2 Bayer Material Science AG 6.2.1 Company Overview 6.2.2 Financial Performance 6.2.3 Product Benchmarking 6.2.4 Strategic Initiatives 6.3 Celanese Corporation 6.3.1 Company Overview 6.3.2 Financial Performance 6.3.3 Product Benchmarking 6.3.4 Strategic Initiatives 6.4 DSM N.V. 6.4.1 Company Overview 6.4.2 Financial Performance 6.4.3 Product Benchmarking 6.4.4 Strategic Initiatives 6.5 E. I. du Pont de Nemours Company 6.5.1 Company Overview 6.5.2 Financial Performance 6.5.3 Product Benchmarking 6.5.4 Strategic Initiatives 6.6 Eastman Chemical 6.6.1 Company Overview 6.6.2 Financial Performance 6.6.3 Product Benchmarking 6.6.4 Strategic Initiatives 6.7 Evonik Industries AG 6.7.1 Company Overview 6.7.2 Financial Performance 6.7.3 Product Benchmarking 6.7.4 Strategic Initiatives 6.8 Exxon Mobil Corporation 6.8.1 Company Overview 6.8.2 Financial Performance 6.8.3 Product Benchmarking 6.8.4 Strategic Initiatives 6.9 The Dow Chemical Company 6.9.1 Company Overview 6.9.2 Financial Performance 6.9.3 Product Benchmarking 6.9.4 Strategic Initiatives 6.10 Huizhou Foryou Medical Device Co. Ltd. 6.10.1 Company Overview 6.10.2 Financial Performance 6.10.3 Product Benchmarking 6.10.4 Strategic Initiatives 6.11 Kraton Performance Polymers Inc. 6.11.1 Company Overview 6.11.2 Financial Performance 6.11.3 Product Benchmarking 6.11.4 Strategic Initiatives 6.12 Tianjin Plastics Research Institute Co. Ltd. 6.12.1 Company Overview 6.12.2 Financial Performance 6.12.3 Product Benchmarking 6.12.4 Strategic Initiatives 6.13 Formosa Plastics Corporation, U.S.A. 6.13.1 Company Overview 6.13.2 Financial Performance 6.13.3 Product Benchmarking 6.13.4 Strategic Initiatives 6.14 Shanghai New Shanghua Polymer Material Co., Ltd 6.14.1 Company Overview 6.14.2 Financial Performance 6.14.3 Product Benchmarking 6.14.4 Strategic Initiatives 6.15 Sinopec Beijing Yanshan Company 6.15.1 Company Overview 6.15.2 Financial Performance 6.15.3 Product Benchmarking 6.15.4 Strategic Initiatives Chapter 7 Methodology & Scope 7.1 Research Methodology 7.2 Research Scope & Assumptions 7.3 List of Data Sources List of Tables
Medical Polymers - Industry Summary & Critical Success Factors (CSFs) Global Medical Polymers market volume and revenue, 2012 - 2020 Medical Polymers - Key driver analysis Medical Polymers - Key restraint analysis Global demand of medical resins and fibers, (volume & revenue), 2012-2020 Global demand of medical resins and fibers, by region, (volume & revenue), 2012-2020 Global demand of medical polyvinyl chloride, (volume & revenue), 2012-2020 Global demand of medical polyvinyl chloride, by region, (volume & revenue), 2012-2020 Global demand of medical polypropylene, (volume & revenue), 2012-2020 Global demand of medical polypropylene, by region, (volume & revenue), 2012-2020 Global demand of medical polyethylene, (volume & revenue), 2012-2020 Global demand of medical polyethylene, by region, (volume & revenue), 2012-2020 Global demand of medical polystyrene, (volume & revenue), 2012-2020 Global demand of medical polystyrene, by region, (volume & revenue), 2012-2020 Global demand of other medical resins , (volume & revenue), 2012-2020 Global demand of other medical resins, by region, (volume & revenue), 2012-2020 Global demand of medical elastomers, (volume & revenue), 2012-2020 Global demand of medical elastomers, by region, (volume & revenue), 2012-2020 Global demand of medical styrenic block copolymers, (volume & revenue), 2012-2020 Global demand of medical styrenic block copolymers, by region, (volume & revenue), 2012-2020 Global demand of medical rubber latex, (volume & revenue), 2012-2020 Global demand of medical rubber latex, by region, (volume & revenue), 2012-2020 Global demand of other medical elastomers, (volume & revenue), 2012-2020 Global demand of other medical elastomers, by region, (volume & revenue), 2012-2020 Global demand of biodegradable medical plastics, (volume & revenue), 2012-2020 Global demand of biodegradable medical plastics, by region (volume & revenue), 2012-2020 Global Medical Polymers demand in medical devices and equipments, (volume & revenue), 2012-2020 Global Medical Polymers demand in medical devices and equipments, by region, (volume & revenue), 2012-2020 Global Medical Polymers demand in medical packaging, (volume & revenue), 2012-2020 Global Medical Polymers demand in medical packaging, by region, (volume & revenue), 2012-2020 Global Medical Polymers demand in other applications, (volume & revenue), 2012-2020 Global Medical Polymers demand in other applications, by region, (volume & revenue), 2012-2020 North America Medical Polymers market volume, by product, 2012 - 2020 (Kilo Tons) North America Medical Polymers market revenue, by product, 2012 - 2020 (USD Million) North America Medical Polymers market volume, by application, 2012 - 2020 (Kilo Tons) North America Medical Polymers market revenue, by application, 2012 - 2020 (USD Million) Europe Medical Polymers market volume, by product, 2012 - 2020 (Kilo Tons) Europe Medical Polymers market revenue, by product, 2012 - 2020 (USD Million) Europe Medical Polymers market volume, by application, 2012 - 2020 (Kilo Tons) Europe Medical Polymers market revenue, by application, 2012 - 2020 (USD Million) Asia Pacific Medical Polymers market volume, by product, 2012 - 2020 (Kilo tons) Asia Pacific Medical Polymers market revenue, by product, 2012 - 2020 (USD Million) Asia Pacific Medical Polymers market volume, by application, 2012 - 2020 (Kilo tons) Asia Pacific Medical Polymers market revenue, by application, 2012 - 2020 (USD Million) RoW Medical Polymers market volume, by product, 2012 - 2020 (Kilo Tons) RoW Medical Polymers market revenue, by product, 2012 - 2020 (USD Million) RoW Medical Polymers market volume, by application, 2012 - 2020 (Kilo Tons) RoW Medical Polymers market revenue, by application, 2012 - 2020 (USD Million) List of Figures Medical Polymers market segmentation Global Medical Polymers market (Volume & Revenue), 2012 - 2020 Medical Polymers - Value chain analysis Medical Polymers - Market dynamics Medical Polymers - Company market share analysis, 2013 Key opportunities prioritized Industry analysis - Porter's Medical Polymers PESTEL analysis, 2013 Global Medical Polymers market volume share, by product, 2013 & 2020 Global Medical Polymers demand of resins and fiber, (volume & revenue), 2012-2020 Global Medical Polymers demand of polyvinyl chloride, (volume & revenue), 2012-2020 Global Medical Polymers demand of polypropylene, (volume & revenue), 2012-2020 Global Medical Polymers demand of polyethylene, (volume & revenue), 2012-2020 Global Medical Polymers demand of polystyrene, (volume & revenue), 2012-2020 Global Medical Polymers demand of other resins, (volume & revenue), 2012-2020 Global Medical Polymers demand of elastomers, (volume & revenue), 2012-2020 Global Medical Polymers demand of styrenic block copolymers, (volume & revenue), 2012-2020 Global Medical Polymers demand of rubber latex, (volume & revenue), 2012-2020 Global Medical Polymers demand of other elastomers, (volume & revenue), 2012-2020 Global Medical Polymers demand of biodegradable plastics, (volume & revenue), 2012-2020 Global Medical Polymers market volume share, by application, 2013 & 2020 Global Medical Polymers demand from medical devices and equipments, (volume & revenue), 2012-2020 Global Medical Polymers demand from medical packaging, (volume & revenue), 2012-2020 Global Medical Polymers demand from other applications, (volume & revenue), 2012-2020 Global Medical Polymers market volume share, by region, 2013 & 2020 North America Medical Polymers market estimates and forecast, 2012-2020 (Kilo Tons), (USD million) Europe Medical Polymers market estimates and forecast, 2012-2020 (Kilo Tons), (USD million) Asia Pacific Medical Polymers market estimates and forecast, 2012-2020 (Kilo Tons), (USD million) RoW Medical Polymers market estimates and forecast, 2012-2020 (Kilo Tons), (USD million)

To request a free sample copy of this report, please complete the form below.

We never share your personal data. Privacy policy
Interested in this report? Get your FREE sample now! Get a Free Sample
Choose License Type
Single User - US $4250
Multi User - US $5250
Hexareeasearch Know

Did you know?

Research Assistance

Phone: 1-415-349-0054

Toll Free: 1-888-928-9744

Email: [email protected]

Why to buy from us

Custom research service

Speak to the report author to design an exclusive study to serve your research needs.

Quality assurance

A testimonial for service excellence represented in the form of BBB "A" Accreditation.

Information security

Your personal and confidential information is safe and secure.

verify