Dublin, Feb. 19, 2026 (GLOBE NEWSWIRE) -- The "Medical Plastics: Global Markets" has been added to ResearchAndMarkets.com's offering.
The global medical plastics market is poised for remarkable growth, anticipated to expand from $31.4 billion in 2024 to $51 billion by 2030, with a compound annual growth rate (CAGR) of 10.2% between 2025 and 2030. This surge is driven by the increasing integration of plastics within the medical devices sector, gradually replacing traditional materials like ceramics, glass, and metals. The healthcare industry's shift towards adopting materials that enhance safety and quality is prompting medical device manufacturers to utilize advanced polymers that meet exacting safety, regulatory, and functional requirements.
Market Dynamics and Growth Factors
The global medical plastics market is experiencing significant growth fueled by burgeoning healthcare needs in emerging economies, a surge in demand for advanced medical devices, and their increasing intertwining with advanced manufacturing technologies. Demographic shifts, coupled with improved healthcare and longer life expectancies, are pivotal in driving global market demand. Furthermore, government initiatives supporting healthcare services, alongside the rising prevalence of cardiovascular diseases and the trend towards miniaturization of devices, are contributing to market expansion. The focus on early detection and prevention, augmented by rapid technological advances, further propels market growth, enhancing the reliance on medical plastics.
Report Scope
The report provides extensive insights into the different types of resins and applications across various regions in the global medical plastics market. It includes cross-segmentation within the application of medical plastics by resin type. Revenue values are estimated in USD millions, based on manufacturers' total revenues, with projections in constant U.S. dollars. It delivers market volume in kilotons, accounting for plastic demand solely within medical applications in hospitals and clinics.
Market Segmentation
In terms of resin, the market encompasses:
- Commodity thermoplastics
- Polyvinylchloride (PVC)
- Polypropylene
- Low-density polyethylene/linear low-density polyethylene (LDPE/LLDPE)
- High-density polyethylene (HDPE) and others
- Engineering resins
- Polyesters
- Polycarbonates
- Polysulfones
- Nylons
- Other engineered thermoplastics (ETPs)
- Styrenics
- Polystyrene/high impact polystyrene (HIPS)
- Acrylonitrile butadiene styrene (ABS)
- Thermosets
- Acrylics
- Silicones
- Polyurethanes
- Thermoplastic elastomers
- Miscellaneous
Based on application, the market segments include disposables and non-disposables, each further categorized by resin.
- Disposables
- Face and body protection, medical kits, gloves, syringes, tubing, IV units, utensils, medical bags, and others
- Non-disposables
- Surgical instruments, testing/diagnostic equipment, prostheses/implants, dental/ophthalmic
Technological segmentation includes injection molding, extrusion, rotational molding, and other methods. The regional market segmentation covers Asia-Pacific, Europe, North America, and the Rest of the World.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2025-2030 |
| Estimated Market Value (USD) in 2025 | $31.4 Billion |
| Forecasted Market Value (USD) by 2030 | $51 Billion |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global |
Companies Featured
- Arkema
- Avient Corp.
- BASF
- Celanese Corp.
- Covestro AG
- Eastman Chemical Co.
- Ensinger
- Evonik Industries AG
- HMC Polymers Co. Ltd.
- Kuraray Co. Ltd.
- Lubrizol
- LyondellBasell Industries Holdings B.V.
- Sabic
- Solvay
- Sumitomo Chemical Co. Ltd.
- Toray Industries Inc.
For more information about this report visit https://www.researchandmarkets.com/r/pj4a62
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