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Medical Plastics Market Size, Industry Growth | Report, 2027

The global medical plastics market size was valued at USD 29.93 billion in 2019 and is projected to reach USD 54.29 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. Medical plastics are plastic products specifically designed for applications in the healthcare industry.

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Medical Plastics Market Size & Share Analysis - Growth Trends

Medical Plastics Industry Report. Statistics for the 2023 Medical Plastics market share, size and revenue growth rate, created by Mordor Intelligence鈩?Industry Reports. Medical Plastics analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Medical Plastic Market Size is projected to reach USD 57

Report Overview. The medical plastics market was valued at USD 50.3 million in 2022 and is

  • How big is the medical plastics market?The global medical plastics market size was estimated at USD 50.3 billion in 2022 and is expected to reach USD 53.7 billion in 2023. Read More
  • What is the medical plastics market growth?The global medical plastics market is expected to grow at a compound annual growth rate of 7.7% from 2023 to 2030 to reach USD 90.1 billion by 2030...
  • Which segment accounted for the largest medical plastics market share?The medical components segment dominated the medical plastics market with a share of 40.52% in 2022. This is attributed to the rising product deman...
  • Who are the key players in the medical plastics market?Some key players operating in the medical plastics market include Solvay S.A. Celanese Corporation, Eastman Chemical Company, Dow, SABIC and Evonik...
  • What are the factors driving the medical plastics market?Key factors that are driving the medical plastics market growth include rising healthcare expenditure, ascending demand for better healthcare facil...
  • Which regional segment led the medical plastics market?North American region led the global medical plastics market in 2022 accounting for the largest revenue share of more than 33.0% Read More
  • 鈥?Market-Reports 鈥?medicalThe Medical Plastics Market Size & Forecast [Latest] 鈥?Market-Reports 鈥?medical

Medical Plastics Market Size & Share to Surpass $86.4

The global medical plastics market size reached US$ 25.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 38.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028. Medical plastics refer to various polymeric materials manufactured specifically for healthcare applications.

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