Medical Plastics Market worth USD 45.0 billion by 2027
The global medical plastics market is expected to grow from USD 29 . 2 billion in 2021 to USD 45 . 0 billion by 2027 , at a CAGR of 7 . 5 % from 2021 to 2027 . The demand is likely to register growth because of advanced plastics and plastic composites used in medical components such as catheters, surgical instrument handles, and syringes. The market for medical plastics is expected to register growth due to the high adoption of plastics for implants due to chemical inertness and superior fatigue resistance. The demand for medical device packaging is likely to be driven by the rise in the demand for in-house and advanced medical devices. Medical plastics are widely used in various applications, including medical devices and equipment and medical packaging. Medical polymers have replaced traditional metals, ceramics, and glass because of their high thermal, chemical, mechanical strength, stability, and flexibility at high temperatures...