Medical polymers is the term used for the building blocks of most medical devices today. These polymers include a large range of functional components such as elastomeric fibers, polyethylene glycol, plastics, rubber micro particles, polyethylene Teflon, rubber powder, resins, and thermoform, silicone, nylon, cement, and rubber composites. Medical polymers are generally classified into synthetic resins, synthetic fibers, and elastomeric fibers. Medical polymers can be used as fillers and additives in a variety of medical plastics, packaging, and devices. They are also used in the manufacturing of surgical gloves and other medical accessories. Some of the most common Medical Polymers include neoprene, polystyrene, polyurethane, polyisocyanurate, polycarbonate, acrylate, polyethylene terephthalate (PET), and polycarbonate plastic.
Market Dynamics
The growing prevalence of chronic disease and increasing investment in healthcare are driving the growth of the Global medical polymer market. Increasing use of advanced medical technologies such as 3D printed implants and customized devices are again fostering the growth of the market. Moreover, the continuous launch of innovative products by key players will further favor the growth of the market. For instance, in February 2020, Clariant announced the launch of a medical polymer compound resistant to hydrolytic degradation caused by exposure to high humidity and temperature.
On the other hand, strict rules & regulation regarding the usage of polymer is hampering the growth of the market.
Key features of the study
Market Segmentation
Table of Contents
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