Engineers engaged in the medical arena are tasked with developing technologies, such as medical diagnostic machines, medical instruments, artificial organs, joint replacement parts and prosthetic devices, all with the ultimate target of improving the health and quality of life for others. Among these, a variety of materials commonly used in day-to-day life, such as adhesives, elastomers, films, foams and plastics are developed specifically for medical purposes by employing advanced techniques to make them biocompatible and provide the requisite results.
According to this report, the global market for Medical Engineered Materials is estimated at US$21.1 billion in 2024 and is projected to reach US$35.8 billion by 2030 at a CAGR of 9.3% between 2024 and 2030.
The fabrication of medical equipment and gadgets is the primary use for medically designed materials in the healthcare industry. Additionally, they are used in the manufacturing of wearables, advanced wound care devices and disposables. The application of these engineered materials ranges from prosthetics and catheters to syringes. They are also used in making products for in-vitro diagnostics and key packaging for pharmaceuticals for preserving and containing medicines to avoid contamination.
Apart from medical grade plastics, the other types of medical engineered materials mentioned are also widely used and offer a number of benefits.
This world market compendium, analyzes the market for Medical Adhesives & Sealants at high level by type, resin sub-type, application, end-user and geographic region. The market is studied for historical/current trends and future forecast in terms of value in US$ for 2021, 2024 and 2030.
Type
- Medical Adhesives
- Medical Elastomers
- Medical Films
- Medical Foams
- Medical Plastics
Application
- Medical Devices
- Medical Disposables
- Medical Wearables
- Medical Wound Care Products
End-User
- Clinics
- Diagnostic Centers
- Hospitals
- R&D Institutions
Geographic Region
- North America
- Europe
- Asia-Pacific
- South America
- Rest of World
This report provides the estimates and forecast for global Medical Engineered Materials market. The study also provides the key market developments and a list of major players in this market that are cited.
Table of Contents
Companies Mentioned
- Arkema S.A.
- B. Braun Melsungen AG
- BASF SE
- Carpenter Co.
- Celanese Corporation
- Covestro AG
- DuPont de Nemours Inc.
- Eastman Chemical Company
- Ensinger GMBH
- Envalior GMBH
- Evonik Industries AG
- Henkel AG & Co. KGaA
- Johnson & Johnson
- Medtronic PLC
- Momentive Performance Materials, Inc.
- Nitto Denko Corporation
- Royal DSM
- RTP Company
- Saudi Basic Industries (SABIC)
- Sekisui Chemical Co., Ltd.
- Smith & Nephew PLC
- Solventum Corporation
- Syensqo
- Teknor Apex
- Trelleborg AB
- Trinseo
- WL Gore & Associates Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 35 |
| Published | August 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 21.1 billion |
| Forecasted Market Value ( USD | $ 35.8 billion |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
