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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<br>
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Medical Elastomers Market worth 7.92 Billion USD by 2022 Order this Report by calling +1-888-600-6441 OR Send an email to Email: sales@marketsandmarkets.com With your contact details and Question if Any
Medical Elastomers Market worth 7.92 Billion USD by 2022 • 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% during the forecast period from 2017 to 2022. • Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=191173877 • The growth of the market is attributed to the rising demand for medical devices across the globe. Increased awareness among governments to provide high-quality healthcare infrastructure is expected to drive the demand for medical devices, which will, in turn, lead to the growth of the medical elastomers market across the globe. Also, technological advancement in the thermoplastic elastomer processing industry has made these elastomers an ideal choice for medical device manufacturing, leading to an increase in demand for thermoplastic medical elastomers in medical devices. • Based on type, the medical elastomers market has been segmented into thermoplastic and thermoset elastomers. The thermoplastic elastomers segment accounted for a larger share of the medical elastomers market in 2017. This segment is also projected to grow at a higher CAGR than the thermoset segment during the forecast period. Email Sales: sales@marketsandmarkets.com Call Now +1-888-600-6441
Medical Elastomers Market worth 7.92 Billion USD by 2022 The growth of thermoplastic elastomers is attributed to their increased demand in the manufacturing of medical tubes, catheters, medical bags, and other devices. Based on application, the medical elastomers market has been segmented into medical tubes, catheters, syringes, gloves, medical bags, implants, and others. The medical tubes segment accounted for the largest market share in 2017. Direct Purchase @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=191173877 The increasing use of medical tubes in the diagnosis and treatment of diseases is further expected to drive the market for medical elastomers. The implants application segment is projected to grow at the highest CAGR during the forecast period owing to the increasing demand for orthopedic and prosthetic implants The medical elastomers market has been studied for APAC, North America, Europe, South America, and the Middle East & Africa. The APAC region is expected to lead the medical elastomers market during the forecast period. The growth of the APAC medical elastomers market is attributed to the region’s growing population and increasing healthcare expenditure of various countries, such as India, Indonesia, and China. Call Now +1-888-600-6441 Email Sales: sales@marketsandmarkets.com
Medical Elastomers Market worth 7.92 Billion USD by 2022 Additionally, increased investments from private and government sectors to improve the healthcare infrastructure across countries are also expected to create a demand for medical devices, thereby fueling the growth of the medical elastomers market in the region. The medical elastomers market is witnessing significant growth in China, India, Indonesia, and Saudi Arabia, owing to the increased consumption of medical devices in these countries. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=191173877 Some of the key players operating in the medical elastomers market include BASF SE (Germany), DowDuPont (US), Eastman Chemical Company (US), Royal DSM (Netherlands), and Solvay S.A. (Belgium). These leading players have adopted various growth strategies, such as new product launches, acquisitions, mergers, expansions, partnerships, and joint ventures to widen their customer base and strengthen their position in the medical elastomers market. Call Now +1-888-600-6441 Email Sales: sales@marketsandmarkets.com
Medical Elastomers Market worth 7.92 Billion USD by 2022 For instance, in 2017, Royal DSM (Netherlands) formed a partnership with the Musculoskeletal Transplant Foundation (MTF), a non-profit organization based in the US. This partnership is expected to help the company fulfill the changing requirements of reconstructive surgeries, along with material requirements in implants application. It will also help the company identify new opportunities in the medical & pharmaceutical industry. Dow (US) and DuPont (US) also announced their merger of equals in 2017. The newly formed company operates under the name DowDuPont. This merger enabled the companies to use each other’s resources and to increase their effectiveness in the core markets. Inquire Before buy @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=191173877 Email Sales: sales@marketsandmarkets.com Call Now +1-888-600-6441
Medical Elastomers Market worth 7.92 Billion USD by 2022 • About Us • MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Email Sales: sales@marketsandmarkets.com Call Now +1-888-600-6441
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