By Cameron Chai
A new report titled “Analysis of the Plastic Polymers in Medical Devices Market” has been released by Reportlinker.com.
The study covers various plastics, including polycarbonate (PC), polyethylene (PE) and polyvinyl chloride (PVC). It includes comprehensive analysis of the key factors that drive and restrain the market growth. In addition, the report provides insight into the challenges faced by industry participants. Analyses of product prices, forecasts on unit shipment, and revenue for each product segment for the period 2012-2018, and analyses of market share for each market segment are also included in the report.
Commodity thermoplastics are the commonly utilized plastics in medical devices and the series include polycarbonate (PC), polypropylene (PP), polystyrene (PS), polyethylene (PE) and polyvinyl chloride (PVC). These materials dominate the market, which is followed by thermosets, engineering resins and thermoplastic elastomers (TPEs). Engineers and designers from the medical device industry largely prefer plastic rather than conventional materials, like glass and metal, as they have excellent flexibility during the fabrication process.
The medical device plastics market is expected to grow quickly in regions, such as Latin America and Asia-Pacific, due to a steady increase in demand for enhanced medical care and sophisticated medical devices. Demand for medical plastics increases due to various factors, including the utilization of disposable medical supplies, technological innovations, advancements in sterilization methods and reductions in healthcare costs.
Plastic materials with enhanced properties that comply with infection-control standards are under development. In addition, the development of innovative plastic materials, such as biocompatible polymers, will help overcome the environmental issue that is widespread in the worldwide medical plastics market.