Medical Plastics Market Analysis

Application (Medical Disposables, Medical Instruments, Prosthetics & Implants, Drug Delivery Devices, and Diagnostic Instruments)

The medical disposal segment is projected to account for a 40% share of the global medical plastics market by 2037. This growth is fueled by stringent infection control regulations imposed by organizations such as the World Health Organization (WHO) and a rising global awareness regarding healthcare-associated infections. Consequently, the medical disposables segment is expected to expand rapidly. Essential items such as disposable gloves, syringes, and masks play a crucial role in reducing contamination risks. According to the WHO, enhanced disposable medical supplies have the potential to decrease hospital-acquired infections by as much as 32%, thereby driving demand. Moreover, governmental programs that promote single-use devices contribute to this increasing growth trend.

Material (Polyvinyl Chloride (PVC), Polypropylene (PP), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC), Polyetheretherketone (PEEK), Acrylonitrile Butadiene (ABS), Polymethyl Methacrylate (PMMA), and Polyoxymethylene (POM))

PVC is projected to account for a 34% share of the global medical plastics market by 2037, attributed to its advantageous physical and chemical characteristics, affordability, and extensive use in medical devices including blood bags, tubing, and catheters. The U.S. Environmental Protection Agency (EPA) emphasizes the recyclability of PVC, and the progress made in medical-grade formulations that comply with safety and biocompatibility standards, which promotes its acceptance in the healthcare sector. Increasing healthcare spending and the growth of hospital infrastructure in developing countries further support the demand for PVC.

Our in-depth analysis of the global medical plastics market includes the following segments: