In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Polymers in Medical Devices market for 2018-2023.
A polymer is a large molecule, or macromolecule, composed of many repeated subunits. Because of their broad range of properties, both synthetic and natural polymers play an essential and ubiquitous role in everyday life. Polymers range from familiar synthetic plastics such as polystyrene to natural biopolymers such as DNA and proteins that are fundamental to biological structure and function. Polymers, both natural and synthetic, are created via polymerization of many small molecules, known as monomers. Their consequently large molecular mass relative to small molecule compounds produces unique physical properties, including toughness, viscoelasticity, and a tendency to form glasses and semi crystalline structures rather than crystals.
In the world wide, major manufactures mainly distribute in North America and Europe. In North America, transnational companies, like Dupont and Celanese are taking a leading share in this area. As to Netherlands, DSM has become a global leader. In Germany, it is BASF and Bayer that lead the technology development. In China, the manufactures focus in Tianjin and Shanghai.
North America is the largest consumer of Polymers in medical devices and is expected to retain the higher growth rate during the next five years due to strong growth in medical devices industry. China and Japan have witnessed a major chunk of the production and consumption of Polymers in Medical Devices in the Asia Pacific region. Actually, that is why manufacturers have several plants, usually close to aimed demand market.
All manufactures in the world are committed to the improvement of product. These two years, some of Chinese manufactures can almost catch up with the world's leading technology too. Most technologies are developed by the manufacturers instead of importing from other companies.
Over the next five years, LPI(LP Information) projects that Polymers in Medical Devices will register a 2.7% CAGR in terms of revenue, reach US$ 5330 million by 2023, from US$ 4560 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Polymers in Medical Devices market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Medical Bags and Pouches
Medical Equipment and Diagnostics
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Shanghai New Shanghua
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Polymers in Medical Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Polymers in Medical Devices market by identifying its various subsegments.
Focuses on the key global Polymers in Medical Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polymers in Medical Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Polymers in Medical Devices submarkets, with respect to key regions (along with their respective key countries).