The India Medical Plastics Market report for by Type (engineering plastics, high performance plastics (HPP), standard plastics, silicone and others (TPE, TPU, biodegradable polymers, synthetic rubber, and polymer blends)), by application (medical disposables, prosthetics, medical instruments & tools, drug delivery and others) is expected to reach US $ XX Mn by 2026, at a CAGR of XX %.
The medical disposables are expected to contribute to the US$ XX Mn share in the India Medical Plastics Market.
An increase in the incidences of chronic diseases, a shift in the lifestyle of the middle-income groups, and demand for enhanced healthcare facilities are some of the prominent drivers, which are expected to increase the demand for medical disposables in the country. The disposables are essential for carrying out the medical procedures in the hospital, which is expected to boost the market growth. The presence of medical facilities and the growing geriatric population are contributing a significant share in the Indian medical plastics market.
India Medical Plastics Market is expected to grow at a XX % rate of CAGR during the forecast period.
The medical industry is witnessing growth, which is driven by altering demographics in the country. The driving factors, which are generating greater demand for medical plastics contain declination in healthcare costs, developments in sterilization techniques and technological innovations in the country. An increase in the usage of disposable medical supplies is expected to boost the growth in the Indian medical plastics market.
Key players operating in the India Medical Plastics Market includes Celanese Chemicals India Pvt. Ltd., Dow Chemical International Pvt. Ltd., Eastman Chemical India Pvt. Ltd., Solvay Specialty Polymers, Total Oil India Pvt. Ltd., Saint-Gobain India, and Rochling Engineering Plastics (India) Pvt. Ltd.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the India Medical Plastics Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the India Medical Plastics Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain India Medical Plastics Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “India Medical Plastics Market”
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