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Medical Polymers Market Size
- Report ID: GMI1126
- Published Date: Dec 2022
- Report Format: PDF
Medical Polymers Market Size
Medical Polymers Market size was valued at USD 20 billion in 2022 and is expected to observe over 8% CAGR through 2032. Rapid growth of the pharmaceutical devices sector over the past few years has significantly impacted the industry expansion.
In the current scenario, chronic medical ailments such as infections, cardiovascular issues, generic medical conditions, and other disorders are becoming increasingly prevalent. This has necessitated the development of advanced pharmaceutical devices and sophisticated medical treatments. Medical-grade polymers have established themselves as an essential component of the global healthcare ecosystem. They are employed in a wide range of devices, from surgical tools to implants and catheters. Single-use medical devices are also less likely to transmit healthcare-associated illnesses than reusable equipment as they are radiolucent, allowing light weighting, with minimized stress shielding.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Medical Polymers Market Size in 2022: | USD 20 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 8.3% |
| 2032 Value Projection: | USD 45 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 320 |
| Tables, Charts & Figures: | 529 |
| Segments covered: | Product, Application, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Medical Polymers Market Scope
