North America Medical Plastic Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Standard plastic, Engineering plastic, High Performance Plastic (HPP), Silicone, and Others); Application (Medical Disposables, Prosthetics, Medical Instruments and Tools, Drug Delivery, and Others), and Country
NORTH AMERICA MEDICAL PLASTIC RD
North America Medical plastic Market Forecast to 2027 – COVID-19 Impact and North America Analysis – By Type (Standard plastic, Engineering plastic, High Performance Plastic (HPP), Silicone, and Others); Application (Medical Disposables, Prosthetics, Medical Instruments and Tools, Drug Delivery, and Others), and Country
Pages: 119
Market Introduction
Medical plastics are made from a huge number of macromolecules, which are utilized to produce consistent and safe instruments in the healthcare industry. They are remarkably long-lasting, supple, and economical. The performance, sterility, and quality of these tools is a major factor for market expansion. Medical plastics find a broad range of applications in diagnostic instruments, implants, disposables, drug delivery devices, surgical instruments, syringes, and catheters. The global population is projected to increase in the coming years. With the increasing population, diseases and infections are rampantly overspreading through several mediums. The rising geriatric population further enhances the development of the healthcare sector. Moreover, medical plastics are also exploited in prosthetics, and it offers a life-changing solution for physically disabled people.
Market Overview and Dynamics
The North America Medical plastic market was valued at US$ 7,893.8 million in 2019 and is projected to reach US$ 14,249.6 million by 2027; it is expected to grow at a CAGR of 7.7% during the forecast period. Factors driving the market growth advantages of using medical plastic and growing demand from packaged and processed food industry. However, the availability of substitutes is likely to have a negative impact on the market growth.
Key Market Segments
By type, the standard plastic segment accounted for the largest market share in the North America medical plastic market in 2019. In terms of application, the medical application and tools segment held the largest market share of the medical plastic market by 2027.
Major Sources and Companies Listed
Some of the major primary and secondary sources for North America Medical plastic market included in the report are Celanese Corporation, Eastman chemical company, GW Plastics, Orthoplastics Limited, Aran Biomedical, Rochling , SABIC , Saint-Gobain, Solvay , and Dow.
Impact of COVID-19 Pandemic on Medical plastic Market
In North America, Italy is the hardest-hit country by the COVID-19 outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Italy recorded the highest number of COVID-19 cases. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in North America.
Reasons to buy the report
- To understand the Medical plastic market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead by comprehending the ever-changing competitive landscape for the Medical plastic market
- To efficiently plan M&A and partnership deals in the Medical plastic market by identifying market segments with most promising probable sales
- To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the Medical plastic market
- To obtain market revenue forecast for market by various segments from 2018 to 2027
North America Medical plastic Market Segmentation
- Standard Plastic
- Engineering Plastic
- High Performance Plastic (HPP)
- Silicone
- Others
By Application
- Medical Disposables
- Prosthetics
- Medical Instruments and Tools
- Drug Delivery
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- Celanese Corporation
- Eastman chemical company
- GW Plastics
- Orthoplastics Limited
- Aran Biomedical
- Rochling
- SABIC
- Saint-Gobain
- Solvay
- Dow.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Medical Plastic Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 NORTH AMERICA
4.3 Expert Opinion
5. Medical Plastic Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Various Advantages Offered by Plastics in Medical Devices
5.1.2 Rising Healthcare Investments in Emerging Economies
5.2 Market Restraints
5.2.1 Stringent Government Regulations
5.3 Market Opportunities
5.3.1 Development of Patient-Specific Implants and 3D Printed Devices
5.4 Future Trends
5.4.1 Robotics and Automation in Medical Plastics Industry
5.5 Impact Analysis Of Drivers And Restraints
6. Medical Plastic – North America Market Analysis
6.1 Medical Plastic Market Overview
6.2 North America Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
7. Medical Plastic Market Analysis – By Type
7.1 Overview
7.2 North America Medical Plastic Market, By Type (2019 and 2027)
7.3 Standard Plastics
7.3.1 Overview
7.3.1.1 Standard Plastics: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Engineering Plastics
7.4.1 Overview
7.4.1.1 Engineering Plastics: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
7.5 High Performance Plastic (HPP)
7.5.1 Overview
7.5.1.1 High Performance Plastic (HPP): Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Silicone
7.6.1 Overview
7.6.1.1 Silicone: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.1.1 Others: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
8. Medical Plastic Market Analysis – By Application
8.1 Overview
8.2 North America Medical Plastic Market, By Application (2019 and 2027)
8.3 Medical Disposables
8.3.1 Overview
8.3.2 Medical Disposables: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Prosthetics
8.4.1 Overview
8.4.2 Prosthetics: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million and KT))
8.5 Medical Instruments and Tools
8.5.1 Overview
8.5.2 Medical Instruments and Tools: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Drug Delivery
8.6.1 Overview
8.6.2 Drug Delivery: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
9. Medical Plastic Market – Country Analysis
9.1 North America: Medical Plastic Market
9.1.1 North America: Medical Plastic Market – Volume, Revenue, and Forecast to 2027 (KT and US$ Million)
9.1.2 North America: Medical Plastic Market, by Type
9.1.3 North America: Medical Plastic Market, by Application
9.1.4 North America: Medical Plastic Market, by Key Country
9.1.4.1 US: Medical Plastic Market –Revenue, and Forecast to 2027 (US$ Million)
9.1.4.1.1 US: Medical Plastic Market, by Type
9.1.4.1.2 US: Medical Plastic Market, by Application
9.1.4.2 Canada: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.4.2.1 Canada: Medical Plastic Market, by Type
9.1.4.2.2 Canada: Medical Plastic Market, by Application
9.1.4.3 Mexico: Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.3.1 Mexico: Medical Plastic Market, by Type
9.1.4.3.2 Mexico: Medical Plastic Market, by Application
10. Impact of COVID-19 Pandemic on North America Medical Plastic Market
10.1 Overview
11. Industry Landscape
11.1 Business Strategy & Business Planning
11.2 Merger and Acquisition
12. Company Profiles
12.1 Celanese Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products And Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Eastman Chemical Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products And Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 GW Plastics
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products And Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Rochling
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products And Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 SABIC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products And Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Saint-Gobain
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products And Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Solvay
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products And Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Dow
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products And Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Medical Plastic Market, by Type – Volume and Forecast to 2027 (KT)
Table 3. North America: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Medical Plastic Market, by Application – Volume and Forecast to 2027 (KT)
Table 5. North America: Medical Plastic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Medical Plastic Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Medical Plastic Market, by Application – Volume and Forecast to 2027 (US$ Million)
Table 8. Canada: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Medical Plastic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 10. Mexico: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: Medical Plastic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. Medical Plastic Market Segmentation
Figure 2. Medical Plastic Market Segmentation – By Country
Figure 3. North America Medical Plastic Market Overview
Figure 4. Standard Plastic Segment Held Largest Share of North America Medical Plastic Market
Figure 5. Canada Country Held Largest Share of North America Medical Plastic Market
Figure 6. North America Medical Plastic Market, Industry Landscape
Figure 7. NORTH AMERICA: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Medical Plastic Market Impact Analysis Of Driver And Restraints
Figure 10. North America Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. North America Medical Plastic Market Revenue Share, by Type (2019 and 2027)
Figure 12. North America Standard Plastics: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. North America Engineering Plastics: Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 14. North America High Performance Plastic (HPP): Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 15. North America Silicone: Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 16. North America Others: Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 17. North America Medical Plastic Market Revenue Share, by Application (2019 and 2027)
Figure 18. North America Medical Disposables: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. North America Prosthetics: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. North America Medical Instruments and Tools: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. North America Drug Delivery: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. North America Others: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. North America: Medical Plastic Market – Volume and Forecast to 2027 (KT)
Figure 24. North America: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. North America: Medical Plastic Market Revenue Share, by Type (2019 and 2027)
Figure 26. North America: Medical Plastic Market Revenue Share, by Application (2019 and 2027)
Figure 27. North America: Medical Plastic Market Revenue Share, by Key Country (2019 and 2027)
Figure 28. US: Medical Plastic Market –Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Canada: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 30. Mexico: Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in North America Country Markets
Company Profiles
- Celanese Corporation
- Eastman chemical company
- GW Plastics
- Orthoplastics Limited
- Aran Biomedical
- Rochling
- SABIC
- Saint-Gobain
- Solvay
- Dow
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America medical plastic market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.