Emphasis on Disposable Medical Devices to Drive the US Medical Plastics Market Growth

Published: May 2021

The US medical plastics market is anticipated to grow significantly at a CAGR of 6.0% over the forecast period (2021-2027). The key aspect that drives the growth of the US medical plastics industry includes the increased shift towards the use of disposable medical plastics owing to the rising hygiene and infection concerns. Medical plastics enable easy sterilization of medical equipment and tools such as irrigation bottles, surgical wraps, and examination gloves among many others which are ideal for one-time use. There has also been an increase in the demand for medical plastics for the manufacturing of disposable medical products including inhalation masks, bed pans, and IV tubes among many others. Hence, this is likely to bolster the growth of the US medical plastics market growth.

Browse the full report description of "US Medical Plastics Market Size, Share & Trends Analysis Report by Plastic Type (Traditional Plastics, Engineered Plastics), and by Application (Disposables, Diagnostic Instruments, Catheters and Syringes, Implants, Dental Tools, Surgical Instruments, Medical Bags, Drug Delivery Devices, and Others) Forecast, 2021-2027" at https://www.omrglobal.com/industry-reports/us-medical-plastics-market

Besides, on the geographic viewpoint and rising environmental concerns, the recyclability of medical plastics is also a major factor that prompts the adoption of disposable medical equipment and products. Being lightweight, disposable plastics are used in the making of various medical products such as hearing aids, artificial cornea, orthopedic devices, and catheters among others. Hence, with such a rising trend and wide acceptance of disposable medical products, the medical plastics market is likely to witness an upsurge over the forecast period. 

Market Coverage

  • Market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027
  • Segment Covered- By Plastic Type and Applications
  • Country Covered- the US
  • Competitive Landscape- BASF SE, Celanese Corp., Dow DuPont Inc., Eastman Chemical Co., Evonik Industries AG, Exxon Mobil Corp., Royal DSM NV, SABIC, Saint-Gobain S.A, Solvay SA, and Trinseo S.A and among others

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment/region dominates the market in base year?
  • Which segment/region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region/segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

US Medical Plastics Market – Segmentation

By Plastic Type

  • Traditional Plastics

o Polyvinylchloride (PVC)

o Polyethylene (PE)

o Polystyrene (PS)

o Polypropylene (PP)

o Silicone

  • Engineered Plastics

o Nylon

o Polycarbonate (PC)

o Polyoxymethylene (POM)

o Acrylonitrile butadiene styrene (ABS)

o Polymethylmethacrylate (PMMA)

o Polyphenylene Oxide (PPO)

o Others (Polyetheretherketone (PEEK))

By Applications

  • Disposables 
  • Diagnostic Instruments
  • Catheters and Syringes
  • Implants
  • Dental Tools
  • Surgical Instruments
  • Medical Bags
  • Drug Delivery Devices 
  • Others

To learn more about this report request a sample copy @  https://www.omrglobal.com/request-sample/us-medical-plastics-market