Demand for medical polymers is estimated to be high in North America and Europe; however, the developed regions are expected to lose their market shares to developing economies of Asia Pacific and Rest of the World due to significant demand for medical polymers in these regions.
Albany, NY -- (SBWIRE) -- 12/10/2015 -- The medical polymers market comprises resins and fibers, elastomers and biodegradable plastics that are used in various healthcare applications such as equipment and devices, packaging and tissue engineering. Polyvinyl chloride, polypropylene, polystyrene and polyethylene are the commonly used fibers and resins in the medical industry. Thermoplastic elastomers and rubber latex make up the elastomers segment of the medical polymers market. Biodegradable plastics such as PLA and PEEK are used increasingly due to stringent regulations by authorities such as the Food and Drug Administration (FDA). Growth in emerging economies of Asia Pacific in the medical polymers market is another important factor that is likely to boost product sales over the next few years. Medical polymers are used in the manufacture of devices and equipment in the medical & healthcare segment. Polymers such as polyethylene are used in medical packaging, while polyether ether ketone (PEEK) is used in tissue engineering. Demand for these materials is high in the medical polymers market.
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The report on medical polymers market has been segmented into various chapters. Under each chapter, we have tackled a different aspect of the market and analyzed various parameters. Preface provides a brief diagrammatic representation on the segmentation of the medical polymers market. Additionally, the chapter offers a detailed description of the methodology used for research along with scope and assumptions used in estimating and analyzing the future market growth.
We have included an executive summary that includes a brief summary regarding the trends in the market. We have also included a snapshot of the market; it provides the current scenario as well as growth opportunities for the medical polymers market at the end of the forecast period. Throughout the report, 2013 has been considered as the base year with the forecast period ranging from 2014 to 2020.
Industry analysis provides an insight on the drivers and restraints of the medical polymers market and their impact on the growth of the market during the forecast period. Additionally, the study includes opportunities available in the market on a regional and global level and their effect during the forecast period. We have provided a detailed analysis of the value chain to help understand the medical polymers market better. Furthermore, a detailed analysis of Porter's five forces model has been included to describe the intensity of competition in the market. Moreover, the study comprises a market attractiveness analysis, where applications are benchmarked based on market size, growth rate and general attractiveness. A detailed analysis of key players' market share in the industry has been included to represent the nature of the market.
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The medical polymers market has been segmented based on types of products, applications and geographies. All product segments have been analyzed and forecast based on volume (kilo tons) and revenue (USD million) for the period ranging from 2014 to 2020. Application segments have been analyzed and forecast based on current trends on the global and regional level from 2014 to 2020. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World. Analysis and forecast is based on current trends and ranges over a period from 2014 to 2020.
Detailed profiles of leading companies are covered in the report along with an analysis of their market share. Leading companies in the market include BASF SE, Bayer MaterialScience AG, E. I. du Pont de Nemours Company, Eastman Chemical Company, The Dow Chemical Company, Kraton Performance Polymers Inc., Formosa Plastics Corporation, U.S.A., SABIC Innovative Plastics and Victrex Plc. Company profiles include attributes such as company overview, financial overview, business strategies and recent developments.
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