U.S. Medical Plastics Market To Grow 5%

Departments - Market trends

October 20, 2010

The addition of BCC Research’s report “Medical Plastics,” is available in the MarketResearch.com collection of Medical Devices market reports.

The U.S. medical plastics market is expected to reach almost 3.5 billion pounds by the end of 2010 and will grow at a compound annual growth rate (CAGR) of about 5%, consuming about 4.4 billion pounds by 2015.

Commodity thermoplastics dominate the market with a little more than 55% of total volume. Estimated at nearly 2 billion pounds in 2010, this sector should increase at a compound annual growth rate (CAGR) of 4.8% to reach 2.5 billion pounds in 2015.

TPEs, engineering resins, and thermosets will show the most significant growth rates over the next 5 years although they only constitute about 20% of total volume. Of these, TPEs will experience the highest compound annual growth rate (CAGR) of 6.2%, from 68 million pounds in 2010 to 92 million pounds in 2015.

The ever-changing face of the medical device industry, new types of medical devices legislative/regulatory and environmental issues, new products and technologies related to medical devices, sterilization techniques and impact on polymer selection, polymer usage in medical devices, status of PVC, and medical plastic’s product lines and trade-named products are some of the topics that are covered by this report.

For more information, visit marketresearch.com/product/display.asp?ProductID=2718710