Medical Plastics Market is expected to grow at a CAGR of 7.7% from 2020 to 2027. Rising healthcare investments in emerging economies driving market growth
Medical Plastics Market: Key Insights
According to our new research study on “
Medical Plastics Market to 2027 – Global Analysis and Forecast – by Type and Application,” the
Medical Plastics Market Size was valued at US$ 24,671.82 million in 2019 and is projected to reach US$ 44,669.63 million by 2027; it is expected to grow at a CAGR of 7.7% from 2020 to 2027. The stringent government regulations related to plastics used in medical devices and other related products impede the market growth.
Medical Plastics Market: Competition Landscape and Key Developments
Celanese Corporation, Eastman Chemical Company, GW Plastics, Orthoplastics Ltd, Aran Biomedical Teoranta, Rochling, SABIC, Saint-Gobain Performance Plastics, SOLVAY, and DOW are key companies operating in the global medical plastics market. These major market players are focused on strategies such as partnerships, mergers and acquisitions, facility expansions, and research and development to expand their geographi