Several polymers, on account of
versatility offered by them, are used in the medical field and are termed as
medical polymers. Medical polymers have various applications in the field
dentistry and medicine such as in prosthetic implants, tissue engineering and
drug delivery. Since these materials are used in medicine, they need strong
adherence to high manufacturing standards. The market for medical polymers, on
the basis of nature of materials, is segmented as fibers, resins, elastomers
and other nonbiodegradable or biodegradable polymers. Medical fibers and resins
include polyvinyl chloride (PVC), polypropylene (PP), polyethylene (PE),
polystyrene (PS), polyamide (PA), polytetrafluoroethylene (PFTE), polyvinyl
alcohol (PVA), polyethylene terephthalate (PET) and others.
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Medical elastomers include,
polyurethane, natural rubber latex, silicone rubber, butyl rubber and
thermoplastic elastomers. Biodegradable polymers used in medical field include
polycaprolactone, polylactic acid, polycarbonate, polyhydroxyalkanoates,
polyphosphate, polybutylene succinate, etc. Some of the factors which drive the
medical polymers market are technological advances in the field of healthcare,
rising demand for low weigh medical devices and increasing health awareness in
developing nations. The non-biodegradable nature of plastics and medical waste
management are the two major concerns which restrain the medical polymers
market.
North America leads the global
medical polymers market in terms of revenues and is closely followed by Europe.
The Asia-Pacific market is the fastest growing segment in this industry owing
to the increasing healthcare expenditures and huge patient pool. The
applications for medical polymers include cardiovascular system, tissue
engineering, medical packing and medical devices. The novel application of
medical polymers in the prosthetic implants is a strong opportunity that can be
leveraged by large companies investing in R&D and intellectual property.
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