Medical Elastomers Market Drivers, Statistics, Forecast Report, Trend Analysis Research Report by 2028

The market for medical elastomers was worth USD 6.30 billion in 2020, and it is anticipated to grow at a revenue CAGR of 7.8% over the following five years. Increasing need for medical devices, innovations in medical facilities, and increased preference for single-use medical devices are just a few of the key factors propelling market revenue development. Natural or artificial polymers with elastic qualities are called elastomers. Various medical goods are made with elastomers. Strong viscoelasticity and negligible intermolecular forces characterise medical elastomers. Due to physical characteristics including design flexibility, durability, biocompatibility, and effective performance, elastomers are widely employed in cardiovascular devices, general medical care products, prosthetic devices, orthodontics products, transdermal medicinal systems, and other products.

Top Companies Operating in the Global Medical Elastomers Market:

BASF SE, DowDuPont, Eastman Chemical Company, Royal DSM, Trelleborg AB, Momentive Performance Materials Inc., Celanese Corporation, PolyOne Corporation, Teknor Apex, and Kuraray Co. Ltd.

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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth

Thermoset elastomers and thermoplastic elastomers are the two primary categories of medical elastomers. A type of polymer called thermoset elastomers is employed in medical applications because of its many qualities, including resistance to heat, chemicals, and corrosion as well as better strength and durability. It is frequently employed to shield particular medical equipment from harm brought on by heat and chemicals during sterilising procedures. Plastic and rubber are combined to form thermoplastic elastomers, often known as thermoplastic rubbers or TPE. It has thermoplastic and elastomeric qualities and is biocompatible. Manufacturing soft touch medical devices such tubing, surgical instruments, catheters, vial closures, drug delivery devices, monitoring patches, and others primarily uses thermoplastic elastomers.

Table of Contents:

  1. Report Overview
    1.1 Research Scope
    1.2 Key Medical Elastomers market segments
    1.3 Major players
    1.4 Market analysis by product type
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends
    2.1 Global Medical Elastomers market size
    2.2 Latest regional market trends
    2.3 Emerging growth trends
  3. Competitive Outlook
    3.1 Global Medical Elastomers market key players
    3.2 Global Medical Elastomers size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the Medical Elastomers market
    3.5 Mergers, acquisitions, joint ventures, and other strategic alliances

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Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Medical Elastomers Market Segmentation

By Product Type Outlook:

  • Thermoset Elastomers
  • Thermoplastic Elastomers

By Technology Outlook:

  • Extrusion Tubing
  • Compression Molding
  • Injection Molding
  • Others

End-Use Outlook:

  • Medical Tubes
  • Catheters
  • Syringes
  • Implants
  • Others

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