Medical Polymer Market Size Estimated to be Worth USD 79.76 Billion By 2032, With 8.5% CAGR: Polaris Market Research [Yahoo! Finance]
Celanese Corporation Celanese Corporation (CE)
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Source: Yahoo! Finance
New York, USA, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Medical Polymer Market Overview: The market for medical polymers is anticipated to register a steady CAGR of 8.5% from 2024 to 2032. The medical polymer market size was valued at USD 38.41 billion in 2023 and is projected to grow to USD 79.76 billion by 2032. What Are Medical Polymers? Medical polymers refer to high-performance plastics that are engineered for medical use. These polymers are designed to adhere to stringent regulatory requirements and are tailored to specific medical needs. They are used for several contact and non-contact applications in healthcare. Polypropylene, polycarbonate, polyvinyl chloride, polyethylene, and polymethyl methacrylate are some commonly used medical polymers. Medical polymers are biocompatible, meaning they can be easily processed by the body. They find applications in the manufacturing of implants, disposable, and devices. Also, they are used for medical packaging, such as sterilizable pac
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