DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Medical Grade Ultra High Molecular Weight Polyethylene (UHMWPE) Market - Forecast To 2024" report to their offering.
The global medical grade ultra high molecular weight polyethylene (UHMWPE) market is expected to reach USD 1.36 billion by 2024. The effectiveness of the material in medical implants due to its superior properties such as high impact strength, low reactivity, and good flexibility is expected to drive the demand over the forecast period.
UHMWPE is a material having long chains which enable it to efficiently transfer load, thus making it suitable for implantation applications. The material is extremely pliable and has good impact strength. The material has less weight as compared to metals. All these properties have increased the demand for UHMWPE for medical applications in the recent past, and this trend is expected to continue over the forecast period.
Joint replacement surgeries use ultra high molecular weight polyethylene due to its effectiveness and versatility options. There has been a surge in demand for joint replacement surgeries across the globe. Rising geriatric population, changing lifestyle and lack of fitness are the contributing factors for this trend. This trend is expected to benefit the overall demand over next eight years.
North America dominated the global industry and accounted for over 35% of total demand in 2015. Existing medical infrastructure and demand for replacement surgeries particularly in the U.S. are the primary attributed reasons for this scenario
- Celanese Corporation
- DSM N.V.
- Sinopec Yizheng Chemical Fibre Company Limited
- Shanghai Lianle Chemical Industry Science & Technology Co., Ltd.
- Crown Plastics Co., Inc.
- Wuxi Fukun Chemical Co., Ltd.
- Asahi Kasei Chemicals Corporation
- Mitsui Chemicals, Inc.
- CP Medical
- Global Polymer
- Dotmar EPP Pty Ltd.
- A&C Plastics, Inc.
- Total Plastics Inc.
Key Topics Covered:
1 Methodology And Scope
2 Executive Summary
3 Market Snapshot
4 Industry Outlook
5 Market Categorization 1: Application Estimates & Trend Analysis
6 Market Categorization 2: Regional Estimates & Trend Analysis, by Application
7 Competitive Intelligence
8 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/55j766/medical_grade