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SAN FRANCISCO, May 18, 2021 /PRNewswire/ The global medical plastics market size is expected to reach USD 48.3 billion by 2028, growing at a CAGR of 7.5% over the forecast period, according
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OTTAWA, May 18, 2021 (GLOBE NEWSWIRE)
Medical plastic compounds refer to those polymers that are largely used in the manufacturing of medical devices because of their low cost and weight as compared to their counterparts. Disposable syringes, heart valves, and intravenous blood bags are manufactured using plastic compounds. Major application of medical plastics is in the production of personal protection equipment (PPE) kits that are registering prominent demand in recent times.
Previously, glass, metals, and ceramics were used in the production of medical devices and implants. On the other hand, presently, plastic compounds are the largely preferred material by the manufacturers of medical devices because it is lighter in weight and offers superior biocompatibility as well as lower cost.