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About Implants As The Fastest
Growing Application For Medical Plastics
The global medical device market is
comprised of about 8,500 types of medical devices, ranging from
simple bandages and spectacles, through life-maintaining
implantable devices, equipment to screen and diagnose disease and
health conditions, to the most sophisticated diagnostic imaging
and minimally-invasive surgery equipment.
As per the recent study carried out
by n-tech research, the global market for medical polymers will
grow to £2bn ($2.9bn) by 2021.
The report reviews the markets for
medical polymers used for medical applications, including
developing implants, diagnostic systems and hospital labware.
One of the findings of the report
says, “Implants currently consume about half the medical polymers
produced and are expected to account for around £1.19bn ($1.7bn)
in polymer sales by 2021.”
One more study carried out by
“Markets & Markets” has summarized their finding as follows.
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Global Medical Plastics growing due
to intensive investment in R&D.
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Asia - Pacific has the highest
growth potential in medical plastics market.
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Disposables have the largest market
while implants have the highest growth rate.
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Poly Vinyl chloride has the largest
market share globally followed by Polypropylene, Engineering
Plastics, and others.
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Increasing demand for customized
polymer that can effectively.
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