Medical Plastics Market Size

Statistics for the 2023 & 2024 Medical Plastics market size, created by Mordor Intelligence™ Industry Reports. Medical Plastics size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Medical Plastics Industry

Medical Plastics Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Medical Plastics Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Medical Plastics Market Analysis

The market for Medical Plastic globally is expected to grow at a CAGR of over 5 % during the forecast period. Major factors driving the market studied are the increase in the demand for medical devices from the Asia-Pacific region and the growing usage of prosthetics. On the flip side, the environmental concerns regarding the disposal of medical plastics and the unfavorable conditions arising due to the COVID-19 outbreak are hindering the market growth.

  • The surgical instruments application is expected to dominate the global medical plastics market over the forecast period. 
  • Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.

Medical Plastics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)