DUBLIN--(BUSINESS WIRE)--The "Medical Elastomers Market by Type (Thermoset and Thermoplastic), Application (Medical Tubes, Catheters, Syringes, Gloves, Medical Bags, and Implants), and Region (North America, Europe, APAC, MEA, and South America) Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Medical Elastomers Market is Projected to Grow From USD 5.51 Billion in 2017 to USD 7.92 Billion By 2022, at a CAGR Of 7.5% from 2017 to 2022.
Increased demand for medical devices is driving the medical elastomers market across the globe
The growth of the medical elastomers market is attributed to the increased demand for medical devices, such as medical tubes, catheters, and syringes across the globe. These devices are widely used in the diagnosis and treatment of diseases. Growing consumption of single-use devices is also one of the major drivers for the medical elastomers market.
The implants segment is projected to grow at the highest CAGR during the forecast period.
Based on application, the implants segment of the medical elastomers market is projected to grow at the highest CAGR between 2017 and 2022. The growth of this application segment is attributed to the growing demand for implants across high growth regions, such as APAC and the Middle East & Africa.
The technological advancements and increasing usage of minimally invasive surgeries are expected to further increase the demand for implants in orthopedic and prosthetic treatments. The rapidly growing aging demographics across the globe is another major driver for the implants application segment.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Medical Elastomers Market, By Type
7 Medical Elastomers Market, By Application
8 Medical Elastomers Market, By Region
9 Competitive Landscape
10 Company Profiles
- BASF SE
- Celanese Corporation
- Eastman Chemical Company
- Foster Corporation
- Hexpol AB
- Kraton Corporation
- Kuraray Co., Ltd.
- Momentive Performance Materials Inc.
- Polyone Corporation
- RTP Company
- Raumedic AG
- Royal DSM
- Solvay S.A.
- Teknor Apex
- Trelleborg AB
- the Hygenic Corporation
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