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Medical Innovations published on Omnexus

SpecialChem / Oct 1, 2009

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1 Comments on "Medical Innovations published on Omnexus"

Abhrajit G Apr 22, 2016

The global medical plastics market size, in terms of value is projected to reach USD 6,978.03 Million by 2020, at a CAGR of 7.12% between 2015 and 2020. In terms of volume, the global market is projected to reach 2,826.4 kilotons by 2020, at a CAGR of 6.15% during the forecast period. The increasing number of patents filed for medical devices & applications by global players, growing manufacturing industries, and continuous expansion and merger & acquisition activities undertaken by companies are key factors for the growth of global market. In terms of types, engineering plastics is projected to register the fastest-growth among other types followed by the polypropylene segment in the global medical plastics market. The demand of engineering plastics is mainly driven due to its better mechanical and/or thermal properties than the more widely used commodity plastics. Apart from this, each type of engineering plastic has its own unique set of properties making it the material of choice in several applications. Thus, the application of engineering plastic is extensive and is growing at a fast pace. The Implants are the fastest growing application segment in the global market. Polymers polyethylene, polyurethane, PET, PMMA, hydrogels, fluropolymers, and polycarbonate are used in manufacturing of implants The implants market is witnessing new technological developments such as CAD/CAM dentistry (computer-aided design and computer-aided manufacturing) that is used to improve the design and creation of dental restorations especially dental prostheses, including crowns, crown lays, veneers, and orthodontic appliances, this is one of the major drives for the implants market in medical plastics market. To know more visit http://www.marketsandmarkets.com/Market-Reports/medical-plastics-market-83738633.html