Asia Pacific Medical Plastic Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Standard Plastic, Engineering Plastic, High Performance Plastic (HPP), Silicone, and Others) and Application (Medical Disposables, Prosthetics, Medical Instruments and Tools, Drug Delivery, and Others)
ASIA PACIFIC MEDICAL PLASTIC RD
Asia Pacific Medical plastic Market Forecast to 2027 – COVID-19 Impact and Asia Pacific (APAC) Analysis – By Type (Standard plastic, Engineering plastic, High Performance Plastic (HPP), Silicone, and Others); Application (Medical Disposables, Prosthetics, Medical Instruments and Tools, Drug Delivery, and Others), and Country
Pages: 127
Market Introduction
Medical plastics are made from a huge number of macromolecules, which are utilized to produce consistent and safe instruments in the healthcare industry. They are remarkably long-lasting, supple, and economical. The performance, sterility, and quality of these tools is a major factor for market expansion. Medical plastics find a broad range of applications in diagnostic instruments, implants, disposables, drug delivery devices, surgical instruments, syringes, and catheters. The global population is projected to increase in the coming years. With the increasing population, diseases and infections are rampantly overspreading through several mediums. The rising geriatric population further enhances the development of the healthcare sector. Moreover, medical plastics are also exploited in prosthetics, and it offers a life-changing solution for physically disabled people.
Market Overview and Dynamics
The Asia Pacific Medical plastic market was valued at US$ 4,745.4 million in 2019 and is projected to reach US$ 9,023.3 million by 2027; it is expected to grow at a CAGR of 8.4% during the forecast period. Factors driving the market growth advantages of using medical plastic and growing demand from packaged and processed food industry. However, the availability of substitutes is likely to have a negative impact on the market growth.
Key Market Segments
By type, the standard plastic segment accounted for the largest market share in the Asia Pacific medical plastic market in 2019. In terms of application, the medical application and tools segment held the largest market share of the medical plastic market by 2027.
Major Sources and Companies Listed
Some of the major primary and secondary sources for Asia Pacific Medical plastic market included in the report are Celanese Corporation, Eastman chemical company, GW Plastics, Orthoplastics Limited, Aran Biomedical, Rochling , SABIC , Saint-Gobain, Solvay , and Dow.
Impact of COVID-19 Pandemic on Medical plastic Market
The COVID-19 is anticipated to cause a loss of more than 3 Billion in the Asia Pacific region. The consequence and impact can be even worse and totally depends on the spread of the virus. The government of Asia Pacific is taking possible steps to reduce its effects by announcing lockdown, and thus, impact the revenue generated by the market. The Airports Council International (ACI) Asia-Pacific warned that the prolonged duration of the COVID-19 (COVID-19) outbreak would drastically impact the region’s airports’ connectivity and economic sustainability, significantly restricting them from achieving previously forecasted growth prospects. Such closures are anticipated to negatively impact market growth in the coming period. Until now, China has the highest number of COVID -19 confirmed cases.
Reasons to buy the report
- To understand the Medical plastic market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead by comprehending the ever-changing competitive landscape for the Medical plastic market
- To efficiently plan M&A and partnership deals in the Medical plastic market by identifying market segments with most promising probable sales
- To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the Medical plastic market
- To obtain market revenue forecast for market by various segments from 2018 to 2027
Asia Pacific Medical plastic Market Segmentation
- Standard Plastic
- Engineering Plastic
- High Performance Plastic (HPP)
- Silicone
- Others
By Application
- Medical Disposables
- Prosthetics
- Medical Instruments and Tools
- Drug Delivery
- Others
By Country
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
Company Profiles
- Celanese Corporation
- Eastman chemical company
- GW Plastics
- Orthoplastics Limited
- Aran Biomedical
- Rochling
- SABIC
- Saint-Gobain
- Solvay
- Dow.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Medical Plastic Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 ASIA PACIFIC
4.3 Expert Opinion
5. Medical Plastic Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Various Advantages Offered by Plastics in Medical Devices
5.1.2 Rising Healthcare Investments in Emerging Economies
5.2 Market Restraints
5.2.1 Stringent Government Regulations
5.3 Market Opportunities
5.3.1 Development of Patient-Specific Implants and 3D Printed Devices
5.4 Future Trends
5.4.1 Robotics and Automation in Medical Plastics Industry
5.5 Impact Analysis Of Drivers And Restraints
6. Medical Plastic – Asia Pacific Market Analysis
6.1 Medical Plastic Market Overview
6.2 Asia Pacific Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
7. Medical Plastic Market Analysis – By Type
7.1 Overview
7.2 Asia Pacific Medical Plastic Market, By Type (2019 and 2027)
7.3 Standard Plastics
7.3.1 Overview
7.3.1.1 Standard Plastics: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Engineering Plastics
7.4.1 Overview
7.4.1.1 Engineering Plastics: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
7.5 High Performance Plastic (HPP)
7.5.1 Overview
7.5.1.1 High Performance Plastic (HPP): Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Silicone
7.6.1 Overview
7.6.1.1 Silicone: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.1.1 Others: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
8. Medical Plastic Market Analysis – By Application
8.1 Overview
8.2 Asia Pacific Medical Plastic Market, By Application (2019 and 2027)
8.3 Medical Disposables
8.3.1 Overview
8.3.2 Medical Disposables: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Prosthetics
8.4.1 Overview
8.4.2 Prosthetics: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million and KT))
8.5 Medical Instruments and Tools
8.5.1 Overview
8.5.2 Medical Instruments and Tools: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Drug Delivery
8.6.1 Overview
8.6.2 Drug Delivery: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
9. Medical Plastic Market – Country Analysis
9.1 Asia Pacific: Medical Plastic Market
9.1.1 APAC: Medical Plastic Market – Volume, Revenue, and Forecast to 2027 (KT and US$ Million)
9.1.2 APAC: Medical Plastic Market, by Type
9.1.3 APAC: Medical Plastic Market, by Application
9.1.4 APAC: Medical Plastic Market, by Key Country
9.1.4.1 Australia: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.4.1.1 Australia: Medical Plastic Market, by Type
9.1.4.1.2 Australia: Medical Plastic Market, by Application
9.1.4.2 China: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.4.2.1 China: Medical Plastic Market, by Type
9.1.4.2.2 China: Medical Plastic Market, by Application
9.1.4.3 India: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.4.3.1 India: Medical Plastic Market, by Type
9.1.4.3.2 India: Medical Plastic Market, by Applications
9.1.4.4 Japan: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.4.4.1 Japan: Medical Plastic Market, by Type
9.1.4.4.2 Japan: Medical Plastic Market, by Applications
9.1.4.5 South Korea: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.4.5.1 South Korea: Medical Plastic Market, by Type
9.1.4.5.2 South Korea: Medical Plastic Market, by Applications
9.1.4.6 Rest of APAC: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
9.1.4.6.1 Rest of APAC: Medical Plastic Market, by Type
9.1.4.6.2 Rest of APAC: Medical Plastic Market, by Applications
10. Impact of COVID-19 Pandemic on Asia Pacific Medical Plastic Market
10.1 Overview
11. Company Profiles
11.1 Celanese Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products And Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Eastman Chemical Company
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products And Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 GW Plastics
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products And Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Rochling
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products And Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 SABIC
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products And Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Saint-Gobain
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products And Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Solvay
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products And Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Dow
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products And Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. APAC: Medical Plastic Market, by Type – Volume and Forecast to 2027 (KT)
Table 3. APAC: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. APAC: Medical Plastic Market, by Application – Volume and Forecast to 2027 (KT)
Table 5. APAC: Medical Plastic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 6. Australia: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Australia: Medical Plastic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 8. China: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. China: Medical Plastic Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 10. India: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. India: Medical Plastic Market, by Applications – Revenue and Forecast to 2027 (US$ Million)
Table 12. Japan: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Japan: Medical Plastic Market, by Applications – Revenue and Forecast to 2027 (US$ Million)
Table 14. South Korea: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. South Korea: Medical Plastic Market, by Applications – Revenue and Forecast to 2027 (US$ Million)
Table 16. Rest of APAC: Medical Plastic Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of APAC: Medical Plastic Market, by Applications – Revenue and Forecast to 2027 (US$ Million)
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. Medical Plastic Market Segmentation
Figure 2. Medical Plastic Market Segmentation – By Country
Figure 3. Asia Pacific Medical Plastic Market Overview
Figure 4. Standard Plastic Segment Held Largest Share of Asia Pacific Medical Plastic Market
Figure 5. China Country Held Largest Share of Asia Pacific Medical Plastic Market
Figure 6. Asia Pacific Medical Plastic Market, Industry Landscape
Figure 7. ASIA PACIFIC: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Medical Plastic Market Impact Analysis Of Driver And Restraints
Figure 10. Asia Pacific Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Asia Pacific Medical Plastic Market Revenue Share, by Type (2019 and 2027)
Figure 12. Asia Pacific Standard Plastics: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Asia Pacific Engineering Plastics: Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 14. Asia Pacific High Performance Plastic (HPP): Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 15. Asia Pacific Silicone: Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 16. Asia Pacific Others: Medical Plastic Market –Revenue and Forecast to 2027 (US$ Million)
Figure 17. Asia Pacific Medical Plastic Market Revenue Share, by Application (2019 and 2027)
Figure 18. Asia Pacific Medical Disposables: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Asia Pacific Prosthetics: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Asia Pacific Medical Instruments and Tools: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Asia Pacific Drug Delivery: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Asia Pacific Others: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. APAC: Medical Plastic Market – Volume and Forecast to 2027 (KT)
Figure 24. APAC: Medical Plastic Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. APAC: Medical Plastic Market Revenue Share, by Type (2019 and 2027)
Figure 26. APAC: Medical Plastic Market Revenue Share, by Application (2019 and 2027)
Figure 27. APAC: Medical Plastic Market Revenue Share, by Key Country (2019 and 2027)
Figure 28. Australia: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 29. China: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 30. India: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 31. Japan: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 32. South Korea: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 33. Rest of APAC: Medical Plastic Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Company Profiles
- Celanese Corporation
- Eastman chemical company
- GW Plastics
- Orthoplastics Limited
- Aran Biomedical
- Rochling
- SABIC
- Saint-Gobain
- Solvay
- Dow
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific medical plastic market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.