Medical Plastics Market Size, Share, Companies Analysis, Demand and Forecast 2022-2027
The latest research study “ Medical Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” by IMARC Group, finds that the global medical plastics market size reached US$ 24.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 36 Billion by 2027, exhibiting a growth rate (CAGR) of 6.9% during 2022-2027. Market Outlook: Medical plastics are produced using medical-grade polypropylene (PP), hypoallergenic, biocompatible, and polycarbonate materials. They are shatter-proof, chemical, temperature, and corrosion-resistant, non-permeable, and can undergo frequent sterilization cycles. Medical plastics are used explicitly for healthcare applications, such as manufacturing vials, beakers, tamper-proof caps, inhalation masks, intravenous (IV) tubes, bedpans, pill casings, prosthetics, surgical instruments, and catheters. Apart from this, they are used to transport biohazardous materials due to their antimicrobial surfaces, fu...