#Surgical Equipment Market Share
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imirmarketresearch · 1 year ago
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rohit-tbrc · 1 year ago
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Surgical Equipment Market Size, Share, Price Trends Forecast 2023-2032
The Business Research Company’s Surgical Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Surgical Equipment Global Market Report 2023 evaluates surgical equipment market size, growth rate, drivers, trends, and major companies.
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The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request A Free Sample Of The Report (Includes Graphs And Tables):
The global surgical equipment market size grew from $27.05 billion in 2022 to $29.04 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global surgical equipment is expected to grow to $36.49 billion in 2027 at a CAGR of 5.9%.
The surgical equipment market segments in the report are:
1) By Type: Surgical Sutures And Staples, Handheld Surgical Devices And Equipment, Electrosurgical Devices And Equipment      
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users      
3) By Type of Expenditure: Public, Private        
4) By Product: Instruments/Equipment, Disposables
Get More Information On The Surgical Equipment Market Report:
The table of contents in TBRC’s surgical equipment market report includes:
1. Executive Summary
2. Report Structure
3. Surgical Equipment Market Characteristics
4. Surgical Equipment Market Product Analysis
5. Surgical Equipment Market Supply Chain
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21. Key Mergers and Acquisitions In The Surgical Equipment Market
22. Market Background: Medical Equipment Market
23. Recommendations
24. Appendix
25. Copyright and Disclaimer 
Top Major Players:
Johnson & Johnson (J&J)
Stryker Corporation
Intuitive Surgical
B. Braun Melsungen AG
Getinge Group.
Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:  The Business Research Company  Europe: +44 207 1930 708
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mohitsper · 5 days ago
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Asia Pacific Surgical Robotics Market Size and Share, Rising Trends, Revenue, Growth Drivers, CAGR Status, Challenges and Future Opportunities 2033
According to SPER Market Research, the report ‘Asia Pacific Surgical Robotics Market Size- By Type, By Application – Surgical robots are advanced medical devices widely utilized in the healthcare sector to aid surgeons in complex procedures. Their popularity stems from numerous benefits, such as unmatched precision, minimally invasive techniques, reduced scarring, enhanced visibility, and faster patient recovery. These robots are increasingly seen as the standard of care, with surgeons choosing them to improve procedure accuracy and patient outcomes. Additionally, surgical robots enhance surgeon ergonomics, reducing physical strain, increasing freedom of movement, enhancing visualization, and providing greater flexibility at the console.
Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ projects that the Asia Pacific Surgical Robotics Market will reach USD 5.51 billion by 2033, growing at a CAGR of 11.81%.
Key Market Drivers
The Asia-Pacific region is witnessing substantial growth in the surgical robotics market due to the evolution of medical procedures and healthcare infrastructure. Key factors include a rising preference for minimally invasive surgeries and growing awareness among medical professionals about the benefits of training, simulation, and continued medical education. Technological advancements are not only reshaping surgical techniques but also improving patient outcomes and reducing recovery times. With increasing acceptance of surgical robotics by healthcare providers, the Asia-Pacific region is establishing itself as a global leader in surgical robotics. This technology holds transformative potential for future healthcare by enhancing precision, productivity, and minimally invasive practices.
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Market Challenges
Operating surgical robots requires highly specialized skills, demanding deep knowledge of both surgical procedures and robotic systems. However, there is a notable shortage of professionals in the Asia-Pacific region with these capabilities. The lack of adequate training programs and the high costs associated with acquiring these skills contribute to this shortage. Rapid advancements in surgical robotics also require ongoing training, adding further strain. This shortage of skilled operators poses a significant challenge for the growth of the surgical robotics market in Asia-Pacific, potentially limiting the region’s ability to meet the rising demand for robotic surgeries.
For a free sample report, visit: https://www.sperresearch.com/report-store/asia-pacific-surgical-robotics-market.aspx?sample=1
Impact of COVID-19
The COVID-19 pandemic significantly impacted the Asia-Pacific surgical robotics market, underscoring the need for modern healthcare technologies to address the crisis effectively. The pandemic accelerated the adoption of telemedicine and remote surgery, driving demand for robots capable of performing minimally invasive surgeries with minimal human intervention. However, economic challenges and postponed non-urgent procedures during the pandemic led healthcare facilities to delay investments in medical robotics.
In 2022, China led the Asia-Pacific surgical robotics market by market share. Key players in this sector include Stryker Corporation, Intuitive Surgical, Inc., Mazor Robotics, THINK Surgical Inc., among others.
Asia Pacific Surgical Robotics Market Segmentation
By Type: Based on the Type, Asia Pacific Surgical Robotics Market is segmented as; Surgical Systems, Instruments and Accessories, Services.
By Application: The Asia Pacific Surgical Robotics Market is divided into the following segments based on applications- Head and Neck Surgery, Orthopaedic Surgery, Cardiology Surgery, Gynaecology Surgery, Urology Surgery, and Other Surgeries.
By Region: This research includes data for China, Japan, India, South Korea, Australia, Indonesia, Others.
For More Information, refer to below link: -
Asia Pacific Surgical Robotics Market Outlook
Related Reports:
Spain Surgical Devices Market Growth, Size, Trends Analysis- By Product, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Mexico Surgical Devices Market Size- By Product, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
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janetushar1 · 5 days ago
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Surgical Equipments Market to Hit $14.1 Billion by 2032
What's Trending in Surgical Equipments Market?
- Keep Yourself Up-To-Date With The Latest Market Trends.
The global Surgical Equipments Market was valued at USD 14.1 Billion in 2024 and it is estimated to garner USD 14.1 Billion by 2032 with a registered CAGR of 9.1% during the forecast period 2024 to 2032.
Firstly, the Market report for Surgical Equipments Market describes the current state of the companies and recommends where it is likely to go next. The report shows the production, revenue, price, market share, and growth rate of each type, mainly divided into Product Types and Product Applications etc.
Additionally, this market report focuses on offering key business measures such as real market moves, market size, qualities, and freedoms, as well as forecast opportunities. This Surgical Equipments Market report also offers distinctive insights into wealthy regions such as Europe, North America, the Middle East, Africa, and Latin America.
Get a Sample Copy of the Surgical Equipments Market Report at: https://www.vantagemarketresearch.com/surgical-equipments-market-2053/request-sample
Top Competitors:
B. Braun SE (Germany), Boston Scientific Corporation (U.S.), CONMED Corporation (U.S.), Entrhal Medical GmbH (Germany), Fuhrmann GmbH (Germany), Smith & Nephew (U.K.), Zimmer Biomet (U.S.), Stryker (U.S.), Alcon Vision LLC (U.S.), Aspen Surgical (U.S.), Medtronic (Ireland), Ethicon Inc. (U.S.)
This market report has all the information you need to start or grow your business in the industry. It also includes market drivers, restraints, competitiveness, and geographic estimates, as well as a price and emerging market structure. It is a complete description of a company's business model, benchmarks, consumer preferences, value proposition, and net profit. This comprehensive Surgical Equipments Market study also sheds light on key techniques that help companies truly assess their customers' buying behavior.
It represents global economic trends between 2024 and 2032. With the help of this market research, top companies can easily make smarter financial decisions. This market analysis is an excellent technique to help companies implement new products. It also includes critical data on major industry topics, including market expansions and evolving market conditions.
This well-researched Surgical Equipments Market report describes the negative impact COVID-19 is having on various companies and offers companies recommendations on how to recover from the damage suffered by the outbreak as well as the nationwide quarantine. The plan analyzes the company's expectations and priorities, as well as the delivery of all crucial data.
You Can Buy This Report From Here: https://www.vantagemarketresearch.com/buy-now/surgical-equipments-market-2053/0
This report analyzes key market segments by type, application, and geography. The geographic analysis section covers key regions such as Europe, North America, the Middle East, Africa, and the Asia-Pacific region.
This Surgical Equipments Market report not only provides valuable data but outlines key goals, pricing strategies, and approaches to help market participants' recommendations in this report will make accelerating economic growth easy. It offers some specific tips and business-related data to help new competitors in the market grow their businesses and diversify their product lines. Companies in the industry should choose tactics that include new product launches, mergers, and partnerships to survive in the competitive marketplace and strengthen their position.
Regional Analysis
-North America [United States, Canada, Mexico]
-South America [Brazil, Argentina, Columbia, Chile, Peru]
-Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
-Middle East & Africa [GCC, North Africa, South Africa]
-Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
The quantitative information in this Surgical Equipments Market analysis helps predict future sales and market penetration. This type of information is based on statistics. The qualitative information provided here will greatly help the key players understand the buyer's opinion of your brand. Improving business goals becomes easy with the information provided in this report.
The industries can draw some conclusions about their original goals. In business. This Surgical Equipments Market research helps you make assumptions about your competition, customers, and the market in order to make informed business decisions. Additionally, it forecasts the competition in the market for the estimated period of 2024-2032. Effective decision-making in companies leads to business growth and is made possible by this precise market study.
Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/surgical-equipments-market-2053
Some of the Key Questions Answered in this Report:
Which are the five top players of the Surgical Equipments Market?
How will the Surgical Equipments Market change in the upcoming years?
Which product and application will take a share of the Surgical Equipments Market?
What will be the CAGR and size of the Surgical Equipments Market throughout the forecast period?
What are the drivers and restraints of the Surgical Equipments Market?
Which regional market will show the highest growth?
What is the current industry size, what will the market size be in 2030 and what will the growth rate be?
Who are the major competitors and what is their strategy?
What are the challenges to grow in the industry?
What are the market opportunities and challenges faced by the key vendors?
What are the barriers to entry for new players in the Surgical Equipments industry?
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marketsndata · 1 month ago
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marketresearchdataigr · 10 months ago
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neha24blog · 1 year ago
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Dental Diagnostic And Surgical Equipment Market Outlook On The Basis Of Product, Region And Forecast to 2028: Grand View Research Inc.
San Francisco, 28 Aug 2023: The Report Dental Diagnostic And Surgical Equipment Market Size, Share & Trends Analysis Report By Product (Dental Diagnostic Equipment, Dental Surgical Equipment), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2021 – 2028 The global dental diagnostic and surgical equipment market size is anticipated to reach USD 12.7 billion by…
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eyeodyssey · 5 months ago
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MOON AGE 15 : DAMNATION (English Translation) Moon Age 15: Damnation is a 1988 short comic by pseudonymous author Not Osada, who openly drew influence from the Tokyo Grand Guignol's work in such a way that can arguably give a loose insight to the TGG's mysteriously anomalous works. While only a slight window into what could've existed in Ameya's vision, each contemporary rendering of his world of gore-soaked medical equipment and rusted metal is valuable in what it represents. As mentioned in my prior Litchi essay, the fragments of the Tokyo Grand Guignol we have now are descendants of a cultural phantom, standing as shrouded windows to a strange intangible stage that's positioned somewhere between post-Maruo inferno, industrial subculture and decadent poetry. While Osada’s manga featured notably grizzly and cruelly morbid scenarios, his stories were made explicitly for the shoujo market with a distinctly shoujo-influenced art style. Characters appear almost doll-like with their visual perfections, all while they’re often dismantled and reassembled in bizarre surgical practices by sadistic doctors. Much like how Zera expresses horror to seeing his own imperfect organs in contrast with his youthful appearance, our pristine victims share the same internals as any other slaughtered cadaver, all in a maddening spiral of narratives that contemporary readers often described as resembling descents to insanity. This fixation of the contrast between perceived beauty and grotesqueness is arguably traced back to the Tokyo Grand Guignol’s own works, with lines accentuating the youthful features of certain characters while audience members were known to fondly look back on the actors’ appearances. Litchi himself was described as being a “cute” robot despite the violence it was programed to carry out. It’s possible that this collision is inherent to Ameya’s conceptual destruction of the TGG. A known detractor to poetic writing, he called on a romantic author to pen the screenplays to the TGG’s first three plays so he could “destroy” them in his direction. The use of beauty could arguably be a mockery of it, taking these idealized dolls and leaving them trapped in worlds of fascism and hospital rooms that are haunted by the stinging stench of antiseptics and blood. Plastic hospital drapes were used in place of stage curtains and autopsy films were shown to the wide-eyed characters, who spoke of pure blood and dirty blood, the antithesis of blood, mercuro. What is beauty a representation of in the Grand Guignol’s works with the prominent fascist leanings of the protagonists? Considering the perspectives of our characters where the Hikari Club and the deranged teachers and Nazi doctors are treated as protagonists rather than explicit antagonists, the plays could arguably be read as the decay of a self-convinced beauty under fascist rule. Songs of the pure-blooded ubermensch fading into silence as the singers all collapse, lost in their own delirium as they pump mercurochrome into their hearts and try to rationalize their own organs that resemble the internals of the so-called ‘landraces’ they rendered into lifeless meat. It’s the natural conclusion of fascism, a collapse that occurs in demented violence to the face of a denial of death. I was originally split on publicizing my translation due to copyright-related complications, but after seeing the increasing gatekeeping of TGG materials at the hands of a rapidly growing market riddled with competitive spending and scalping, I feel obliged to share it to the public who (like myself) can’t afford to spend the now literal hundreds that are required to access angura ephemera that was meant to be openly available to the public to begin with. When originally finding this story, the book it was featured in was only 5 dollars. Now it goes for 60 to 200. That's ridiculous. With all the preamble out of the way, the story is under the cut...
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While I made my best effort to maintain accuracy to the source material in translation despite my practically nonexistent understanding of Japanese (my translation method is a Frankensteining of language learning videos, a Japanese to English dictionary from the Internet Archive and Google Translate with a lot of localizing and dissection in between), there are several details I feel I should note for the sake of transparency. One smaller one was the inclusion of the term l * lita. It was in the original text, and I was honestly very unsure of including it in my translation as it’s a term I’m personally icked out by. While I was ultimately recommended to keep the line as is for accuracy, I wish to state that it's a term I'm personally very uncomfortable with in what it represents. The other note, which is the more prominent one in the final product, are the references to The Last Attempt at Paradise. In the original text the club members solely refer to their hideout as paradise and Eden, leaving a lot of excess space in the speech bubbles after translation when making the shift from Japanese text to English. The Last Attempt at Paradise was the name of S.P.K.’s 1982 live album that documents their set at the Off the Wall Hall venue in Lawrence, Kansas. Often considered one of their best concerts and a highlight of the industrial genre, the S.P.K. Appreciation Society of Sydney in their All The Way With S.P.K. / American Tour article describes the concert as being the group's “best performance to date”, further adding that they “Flattened (an) enthusiastic audience with massive P.A. amplification of FX bass regeneration”. This insertion wasn’t done at random, as the Tokyo Grand Guignol’s works were heavily engrained in the original industrial scene of the 80s. Both the 1985 and 1986 performances of Litchi began on a playback of the S.P.K. song Culturcide (from their 1983 Dekompositiones EP), and it was likely that use of the track that led to Not Osada’s early fixation on S.P.K.’s music. At the end of Blind Beast, in a sort of reader Q&A Osada is questioned about some of his favorite music. At the top of the list he features the tracklist of the Dekompositiones EP and the track Mekano from their 1979 Mekano / Contact / Slogun single. Interestingly enough he states that he only likes those four songs from the band, following the text with laughter in regards to their remaining discography. I’m unsure if this means he was unimpressed with their noisier work (which would be curious knowing his liking of Mekano with how it originated from their earliest noise-adjacent album) or if he was directed to their later Machine Age Voodoo material and was alienated by it. In the same Q&A he also mentions the band Funeral Party, who featured specially commissioned art by Suehiro Maruo on their Dream of Embryo single. It's apparent that he also had a copy of the compilation album Vision Of The Emortion, as the list also includes C·C·Mekka and Ego'n Mole, who were both featured in the album alongside Funeral Party's only two other documented tracks, Das Sunde and Gears - Night. S.P.K. references are sprinkled throughout this story along with Osada's other Litchi-adjacent entries. Aside from one of Zera's henchmen being named after the Mekano track, it's very likely that the frequent references to Eden are in homage to the lyrics of Mekano. The first lines of the track include the verses "One by one, odd to even. Break the scenes, rudely eden...".
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Moon Age 15 was originally printed in 1988 as a two-part miniseries in the horror magazine Complete Collection of Horror and Occult Works - HELP, namely in volumes 5 and 6. While being an early work that derived from the TGG, it still wasn’t the first comic to adapt the Litchi stage play, with Das Blut : Blood and Eternal Girl preceding it with their 1986 publication in Osada’s debut anthology Night Reading Room, sharing the same year as the TGG’s early closure following creative conflicts between Norimizu Ameya and K Tagane (the group's author, who remains anonymous to this day). It’s to be noted however that while Das Blut and Eternal Girl were the first stories to feature the Hikari Club as antagonists, they are only tangentially related with Moon Age showing more distinct Grand Guignol archetypes (musings of the full moon, examinations of the Hikari club’s misogyny, idealization of technology, and even an early rendition of the Litchi robot itself). First kept solely as a brief serial, Moon Age was later reprinted in abridged form as a short story in the 1996 Blind Beast anthology. While copies of HELP are notably hard to find and demand high prices, I was given an in depth view of both volumes that featured Moon Age’s serialization by a collector earlier last year. While the drawings are still the same on a rudimentary level, the length of the serialized version is notably longer than the later Blind Beast variant, with the HELP serialization being over 40 pages while Blind Beast’s is only 24. This was the product of the manga being entirely revised for Blind Beast’s print, with the layouts being drastically altered along with basic revisions of the line art. Certain scenes that would usually take 2 to 3 pages in the HELP version were condensed to 1, resulting in a unique tradeoff where one version feels unusually spacious in its framing while the other is heavily condensed and almost chaotic by comparison. It’s only a thing that springs on you once you compare the two variants, I saw the revised version first and originally didn’t pay any mind to it. One thing that is certain is the polishing of the art. The brush work in the Blind Beast version is refined with a more elaborate sense of weight and flow while the HELP version is notably rough with the prominent use of rudimentary screentones. It reflects as a somewhat rougher variant of the art shown in Night Reading Room. It feels strangely digital, like it’s the product of early computer art. The line-by-line reuse of the decapitation scene from Eternal Girl being shown on the TVs further adds to the strange digital feel of the art style.
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Similar to Moon Age, Osada's other stories of the Hikari Club featured the members luring girls to their brutal deaths. In Eternal Girl the members bring in a student and film her mutilation for a snuff film that acts as the story's namesake, in Das Blut they corner another student to the woods where they hang her, and in Jinta Jinta they kidnap a student who bullied one of her classmates to suicide before trepanning her with a strange device that's somewhere between an electric chair and a drill. Not Osada was very recently namedropped in the concluding essay of an English print of Kawashima Norikazu’s Her Frankenstein under the alternate Nagata Nooto anglicization of Osada’s pseudonym. Their name is a curious case as while there is a prominent written variant (長田ノオト), it’s seen numerous English iterations. In Osada’s own English signatures it is written as Not Osada (with the name apparently being derived from a German phrase), but other variants include Osada Nohto, Osada Nooto and Not Nagata. If I'm not mistaken, it could count as one of the first English acknowledgements of Osada's works in print.
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latestmarketresearchnews · 2 hours ago
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Medical Plastics Industry 2030 Outlook, Regions, Size Estimation and Upcoming Trend
The global medical plastics market was valued at approximately USD 52.9 billion in 2023, and it is projected to expand at a compound annual growth rate (CAGR) of 7.4% from 2024 through 2030. This robust growth is largely due to the development of innovative plastics and plastic composites tailored for medical applications, such as components in catheters, surgical instrument handles, and syringes. There is a notable increase in demand for advanced medical device packaging, driven by the rising need for sophisticated, in-house medical devices. Key plastics like polyethylene, polypropylene, and polycarbonate are gaining popularity in manufacturing a variety of medical devices. The expansion of home healthcare services, due to their cost-effectiveness relative to traditional hospital and intensive care, has led to increased demand for medical devices, further fueling market growth.
The medical plastics market is in a high-growth phase, and the growth pace is accelerating due to its consolidated nature. Manufacturers of medical plastics are actively adopting strategic initiatives such as mergers, acquisitions, product innovations, and expansions in production capacity. For example, in November 2023, TekniPlex Healthcare acquired Seisa Medical, an El Paso-based medical device manufacturer. This acquisition is expected to enhance TekniPlex’s global capabilities in materials science and process technologies, particularly for devices used in interventional therapies and minimally invasive procedures. Seisa offers comprehensive contract manufacturing services for Class II and III medical devices, covering development, design, component manufacturing, assembly, and packaging.
Gather more insights about the market drivers, restrains and growth of the Medical Plastics Market
Regional Insights:
In 2023, North America held the leading position in the global medical plastics market, accounting for over 33.0% of the market share. This strong position is expected to fuel demand for both generic drugs and medical devices, supporting further market expansion in North America. The medical plastics industry primarily serves applications such as pharmaceutical packaging and medical component manufacturing. The growth in medical plastics demand in North America is also supported by the expanding pharmaceutical industry in Mexico and Canada, along with increasing demand in pharmaceutical packaging applications.
For instance, the Mexican government’s recent relaxation of regulatory restrictions, which previously limited new manufacturing operations, has enabled pharmaceutical giants like Takeda and Astellas to establish manufacturing facilities in Mexico. This strategic shift has strengthened the domestic pharmaceutical industry, which is expected to drive demand for medical plastics in the coming years. Key applications analyzed for the North American market include medical device packaging, medical components, wound care products, mobility aids, and dental implants. Furthermore, the region has seen a rise in healthcare spending due to increasing cases of lifestyle-related diseases such as diabetes and cardiovascular disorders. This trend is expected to stimulate demand for medical devices, generic drugs, and healthcare services, thereby supporting the growth of the medical plastics market.
Additionally, the region’s growing elderly population and the increasing incidence of chronic diseases are projected to drive demand for medical devices, further increasing the use of plastics in manufacturing medical equipment over the forecast period. Government investment in the healthcare sector and the rise of the home healthcare market are expected to amplify demand for medical devices, positively influencing the medical plastics market.
Browse through Grand View Research's Category Plastics, Polymers & Resins Industry Research Reports.
The global flexitank market size was estimated at USD 1,357.3 million in 2024 and is projected to grow at a CAGR of 23.6% from 2025 to 2030.
The global elastomer gel in personal care market size was valued at USD 160.5 million in 2024 and is anticipated to grow at a CAGR of 4.1% from 2025 to 2030.
Key Companies & Market Share Insights:
Prominent players in the medical plastics market include BASF SE, Celanese Corporation, Evonik Industries AG, SABIC, Dow Inc., Solvay S.A., Trinseo S.A., and Eastman Chemical Company. In November 2022, Celanese Corporation completed the acquisition of DuPont's Mobility & Materials (M&M) division for USD 11 billion. This acquisition expands Celanese’s global market presence and enhances its capabilities, especially in sustainable transportation solutions, by adding environmentally focused product offerings to its portfolio.
Key Medical Plastics Companies:
Röchling SE & Co. KG
Nolato AB
Saint-Gobain
SABIC
Orthoplastics Ltd
Eastman Chemical Company
Celanese Corporation
Dow, Inc.
Tekni-Plex, Inc.
Solvay S.A.
HMC Polymers Company Limited
ARAN BIOMEDICAL TEORANTA
Trelleborg Group
Avantor, Inc.
Trinseo
Evonik Industries AG
Order a free sample PDF of the Medical Plastics Market Intelligence Study, published by Grand View Research.
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researchreportinsight · 2 hours ago
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Medical Plastics Market 2030 - In-Depth Analysis on Size, Trends & Prominent Key Players
The global medical plastics market was valued at approximately USD 52.9 billion in 2023, and it is projected to expand at a compound annual growth rate (CAGR) of 7.4% from 2024 through 2030. This robust growth is largely due to the development of innovative plastics and plastic composites tailored for medical applications, such as components in catheters, surgical instrument handles, and syringes. There is a notable increase in demand for advanced medical device packaging, driven by the rising need for sophisticated, in-house medical devices. Key plastics like polyethylene, polypropylene, and polycarbonate are gaining popularity in manufacturing a variety of medical devices. The expansion of home healthcare services, due to their cost-effectiveness relative to traditional hospital and intensive care, has led to increased demand for medical devices, further fueling market growth.
The medical plastics market is in a high-growth phase, and the growth pace is accelerating due to its consolidated nature. Manufacturers of medical plastics are actively adopting strategic initiatives such as mergers, acquisitions, product innovations, and expansions in production capacity. For example, in November 2023, TekniPlex Healthcare acquired Seisa Medical, an El Paso-based medical device manufacturer. This acquisition is expected to enhance TekniPlex’s global capabilities in materials science and process technologies, particularly for devices used in interventional therapies and minimally invasive procedures. Seisa offers comprehensive contract manufacturing services for Class II and III medical devices, covering development, design, component manufacturing, assembly, and packaging.
Gather more insights about the market drivers, restrains and growth of the Medical Plastics Market
Regional Insights:
In 2023, North America held the leading position in the global medical plastics market, accounting for over 33.0% of the market share. This strong position is expected to fuel demand for both generic drugs and medical devices, supporting further market expansion in North America. The medical plastics industry primarily serves applications such as pharmaceutical packaging and medical component manufacturing. The growth in medical plastics demand in North America is also supported by the expanding pharmaceutical industry in Mexico and Canada, along with increasing demand in pharmaceutical packaging applications.
For instance, the Mexican government’s recent relaxation of regulatory restrictions, which previously limited new manufacturing operations, has enabled pharmaceutical giants like Takeda and Astellas to establish manufacturing facilities in Mexico. This strategic shift has strengthened the domestic pharmaceutical industry, which is expected to drive demand for medical plastics in the coming years. Key applications analyzed for the North American market include medical device packaging, medical components, wound care products, mobility aids, and dental implants. Furthermore, the region has seen a rise in healthcare spending due to increasing cases of lifestyle-related diseases such as diabetes and cardiovascular disorders. This trend is expected to stimulate demand for medical devices, generic drugs, and healthcare services, thereby supporting the growth of the medical plastics market.
Additionally, the region’s growing elderly population and the increasing incidence of chronic diseases are projected to drive demand for medical devices, further increasing the use of plastics in manufacturing medical equipment over the forecast period. Government investment in the healthcare sector and the rise of the home healthcare market are expected to amplify demand for medical devices, positively influencing the medical plastics market.
Browse through Grand View Research's Category Plastics, Polymers & Resins Industry Research Reports.
The global flexitank market size was estimated at USD 1,357.3 million in 2024 and is projected to grow at a CAGR of 23.6% from 2025 to 2030.
The global elastomer gel in personal care market size was valued at USD 160.5 million in 2024 and is anticipated to grow at a CAGR of 4.1% from 2025 to 2030.
Key Companies & Market Share Insights:
Prominent players in the medical plastics market include BASF SE, Celanese Corporation, Evonik Industries AG, SABIC, Dow Inc., Solvay S.A., Trinseo S.A., and Eastman Chemical Company. In November 2022, Celanese Corporation completed the acquisition of DuPont's Mobility & Materials (M&M) division for USD 11 billion. This acquisition expands Celanese’s global market presence and enhances its capabilities, especially in sustainable transportation solutions, by adding environmentally focused product offerings to its portfolio.
Key Medical Plastics Companies:
Röchling SE & Co. KG
Nolato AB
Saint-Gobain
SABIC
Orthoplastics Ltd
Eastman Chemical Company
Celanese Corporation
Dow, Inc.
Tekni-Plex, Inc.
Solvay S.A.
HMC Polymers Company Limited
ARAN BIOMEDICAL TEORANTA
Trelleborg Group
Avantor, Inc.
Trinseo
Evonik Industries AG
Order a free sample PDF of the Medical Plastics Market Intelligence Study, published by Grand View Research.
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marketanalysisdata · 23 hours ago
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Laser Processing Market 2030 Top Key Players, Trends, Share, Industry Size, Segmentation
The global laser processing market was valued at USD 17.48 billion in 2021, with projections for a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. This growth is largely driven by the increasing adoption of lasers in medical devices and surgical applications. Additionally, the advancement of nano-fabrication technology is expected to further accelerate market expansion. Laser processing has become a popular choice in the manufacturing sector for material processing due to its numerous benefits over traditional methods, and this shift is one of the main contributors to the market’s growth.
For instance, traditional methods like manual metal arc welding have considerable environmental impacts, a significant concern for industries such as automotive manufacturing. The adoption of laser technology has offered a solution to this issue. In July 2021, Furukawa Electric introduced a 12kW industrial fiber laser system for automotive applications, including welding car bodies, processing aluminum components, and battery and motor welding. This innovation exemplifies how laser technology addresses environmental concerns while enhancing precision and efficiency in manufacturing.
Government regulations regarding laser technology applications, particularly for marking and engraving products, are also expected to positively impact market growth in the coming years. The laser processing market is anticipated to expand as this technology finds use in a variety of applications, including welding, marking, cutting, drilling, and engraving. These applications have broad industrial relevance, enabling laser technology to address diverse industry needs.
Strict regulatory directives around the use of laser technology for marking and engraving, coupled with its rising adoption in medical devices and surgical applications, are expected to boost market growth in the near term. A notable example in the medical field is the LASIK & Refractive technology, widely used in laser eye surgery to correct vision issues like myopia, hyperopia, presbyopia, and astigmatism. This technology underscores the importance of lasers in precision medical procedures, further driving demand.
Gather more insights about the market drivers, restrains and growth of the Laser Processing Market
Regional Insights:
In 2021, the Asia Pacific region led the laser processing market, capturing over 40.0% of the revenue share. The region is poised for continued growth due to an increasing number of original equipment manufacturers (OEMs). China is projected to emerge as the leading consumer of industrial lasers and systems used in material and micro-processing. Other countries in the region, including India, South Korea, Japan, and China, are anticipated to experience strong growth due to factors such as the expanding number of OEMs and growth in the automotive sector.
Additionally, the growing adoption of laser systems across various applications in the region is expected to drive further market expansion. Government regulations mandating permanent, clear markings on consumer goods are also likely to promote greater adoption of laser processing technology across multiple regions. In Europe, increasing use of laser systems within the automotive sector is expected to further support demand growth.
Browse through Grand View Research's Category Electronic Devices Industry Research Reports.
The global ATM market size was estimated at USD 25.29 billion in 2024 and is projected to grow at a CAGR of 3.6% from 2025 to 2030.
The global inspection camera system market size was valued at USD 390.0 million in 2024 and is expected to grow at a CAGR of 11.2% from 2025 to 2030.
Key Companies & Market Share Insights
The laser processing market is characterized by intense competition, with several key global players holding a significant market share. These major companies focus on continuous product innovation to enhance profitability and strengthen customer relationships. For example, Universal Laser Systems provides laser solutions for asset management, custom parts fabrication, and security applications, serving security agencies and military organizations. These systems are utilized in diverse locations such as airfields, military bases, and naval vessels around the world, highlighting the versatility and wide application of laser processing technology in both industrial and defense sectors.
This competitive landscape reveals how companies are not only diversifying their product offerings but also expanding into new markets to address a variety of customer needs across industries.
Key Laser Processing Companies
Altec GmbH
Alpha Nov laser
Amada Co., Ltd.
Bystronic Laser AG
Epilog Laser, Inc.
Eurolaser GmbH
Han's Laser Technology Industry Group Co., Ltd.
IPG Photonics Corporation
Newport Corporation (MKS Instruments, Inc.)
LaserStar Technologies Corporation
Coherent Inc.
IPG Photonics Corporation
Newport Corporation
Trumpf GmbH + Co. KG
Universal Laser Systems, Inc.
Xenetech Global Inc.
Order a free sample PDF of the Laser Processing Market Intelligence Study, published by Grand View Research.
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marketstudyreport · 24 hours ago
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Laser Processing Market 2030 Driving Factors, Future Trends, Size & Key Vendors
The global laser processing market was valued at USD 17.48 billion in 2021, with projections for a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. This growth is largely driven by the increasing adoption of lasers in medical devices and surgical applications. Additionally, the advancement of nano-fabrication technology is expected to further accelerate market expansion. Laser processing has become a popular choice in the manufacturing sector for material processing due to its numerous benefits over traditional methods, and this shift is one of the main contributors to the market’s growth.
For instance, traditional methods like manual metal arc welding have considerable environmental impacts, a significant concern for industries such as automotive manufacturing. The adoption of laser technology has offered a solution to this issue. In July 2021, Furukawa Electric introduced a 12kW industrial fiber laser system for automotive applications, including welding car bodies, processing aluminum components, and battery and motor welding. This innovation exemplifies how laser technology addresses environmental concerns while enhancing precision and efficiency in manufacturing.
Government regulations regarding laser technology applications, particularly for marking and engraving products, are also expected to positively impact market growth in the coming years. The laser processing market is anticipated to expand as this technology finds use in a variety of applications, including welding, marking, cutting, drilling, and engraving. These applications have broad industrial relevance, enabling laser technology to address diverse industry needs.
Strict regulatory directives around the use of laser technology for marking and engraving, coupled with its rising adoption in medical devices and surgical applications, are expected to boost market growth in the near term. A notable example in the medical field is the LASIK & Refractive technology, widely used in laser eye surgery to correct vision issues like myopia, hyperopia, presbyopia, and astigmatism. This technology underscores the importance of lasers in precision medical procedures, further driving demand.
Gather more insights about the market drivers, restrains and growth of the Laser Processing Market
Regional Insights:
In 2021, the Asia Pacific region led the laser processing market, capturing over 40.0% of the revenue share. The region is poised for continued growth due to an increasing number of original equipment manufacturers (OEMs). China is projected to emerge as the leading consumer of industrial lasers and systems used in material and micro-processing. Other countries in the region, including India, South Korea, Japan, and China, are anticipated to experience strong growth due to factors such as the expanding number of OEMs and growth in the automotive sector.
Additionally, the growing adoption of laser systems across various applications in the region is expected to drive further market expansion. Government regulations mandating permanent, clear markings on consumer goods are also likely to promote greater adoption of laser processing technology across multiple regions. In Europe, increasing use of laser systems within the automotive sector is expected to further support demand growth.
Browse through Grand View Research's Category Electronic Devices Industry Research Reports.
The global ATM market size was estimated at USD 25.29 billion in 2024 and is projected to grow at a CAGR of 3.6% from 2025 to 2030.
The global inspection camera system market size was valued at USD 390.0 million in 2024 and is expected to grow at a CAGR of 11.2% from 2025 to 2030.
Key Companies & Market Share Insights
The laser processing market is characterized by intense competition, with several key global players holding a significant market share. These major companies focus on continuous product innovation to enhance profitability and strengthen customer relationships. For example, Universal Laser Systems provides laser solutions for asset management, custom parts fabrication, and security applications, serving security agencies and military organizations. These systems are utilized in diverse locations such as airfields, military bases, and naval vessels around the world, highlighting the versatility and wide application of laser processing technology in both industrial and defense sectors.
This competitive landscape reveals how companies are not only diversifying their product offerings but also expanding into new markets to address a variety of customer needs across industries.
Key Laser Processing Companies
Altec GmbH
Alpha Nov laser
Amada Co., Ltd.
Bystronic Laser AG
Epilog Laser, Inc.
Eurolaser GmbH
Han's Laser Technology Industry Group Co., Ltd.
IPG Photonics Corporation
Newport Corporation (MKS Instruments, Inc.)
LaserStar Technologies Corporation
Coherent Inc.
IPG Photonics Corporation
Newport Corporation
Trumpf GmbH + Co. KG
Universal Laser Systems, Inc.
Xenetech Global Inc.
Order a free sample PDF of the Laser Processing Market Intelligence Study, published by Grand View Research.
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health-views-updates · 2 days ago
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Radiotherapy Market 2024 Size, Share, Global Industry Overview, Trends and Growth Analysis 2032
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Radiotherapy Market Revenue is projected to witness significant growth over the coming years, according to a recent report from SNS Insider. The surge in cancer cases worldwide, alongside rapid advancements in medical technology, has driven demand for more effective and minimally invasive treatments like radiotherapy. With the global radiotherapy market poised for unprecedented expansion, key stakeholders in the healthcare industry are investing in research and development to offer more advanced, precision-targeted therapies that maximize efficacy while minimizing adverse effects.
The report highlights several influential factors fueling the radiotherapy market's growth. Rising cancer incidences, particularly in aging populations, have increased the urgency for treatments that deliver superior patient outcomes. Moreover, governments and healthcare organizations are amplifying investments in cancer care infrastructure, particularly in emerging economies where access to advanced therapies has historically been limited. These investments are aimed at making radiotherapy more accessible and enhancing the quality of life for cancer patients.
Another key driver of market expansion is the adoption of cutting-edge technologies in radiotherapy, such as image-guided and intensity-modulated radiotherapy systems. These innovations allow for enhanced precision in targeting cancer cells, thereby improving treatment efficacy and reducing collateral damage to healthy tissues. Additionally, the integration of artificial intelligence (AI) and machine learning in radiotherapy equipment has made treatment planning more efficient, allowing healthcare providers to optimize therapies based on individual patient needs.
Get Free Sample Report@ https://www.snsinsider.com/sample-request/3367
Expansion Across Emerging Markets
The report from SNS Insider notes a growing trend of radiotherapy market expansion in emerging economies across Asia-Pacific, Latin America, and the Middle East. Governments in these regions are increasingly prioritizing investments in advanced cancer treatment solutions, recognizing the urgent need to bridge gaps in healthcare infrastructure. As part of these efforts, partnerships with global radiotherapy equipment manufacturers and healthcare providers are becoming more common, resulting in broader access to high-quality radiotherapy treatment.
Additionally, several emerging markets are seeing increased awareness among patients regarding the benefits of radiotherapy as a non-surgical treatment option for certain cancer types. This awareness, combined with increasing disposable incomes in developing countries, is further enhancing the adoption of radiotherapy treatments. The report projects that the Asia-Pacific region, in particular, will see substantial growth, driven by supportive government policies and rising public health expenditures.
Technological Advancements to Improve Treatment Outcomes
The radiotherapy market is also experiencing notable advancements in technology, which are anticipated to drive its expansion further. The introduction of artificial intelligence in radiotherapy planning and the development of real-time imaging techniques have paved the way for more precise targeting of cancer cells, with minimal impact on surrounding healthy tissue. Enhanced imaging capabilities, along with 3D conformal radiation therapy and brachytherapy, are allowing for increasingly personalized treatment plans, which significantly enhance patient outcomes.
Increasing Focus on Research and Innovation
Another key trend outlined in the report is the focus on research and innovation among radiotherapy equipment manufacturers. Leading players are investing heavily in developing new solutions to meet the growing demand for targeted cancer therapies. These efforts are evident in the rising number of FDA approvals for advanced radiotherapy devices, allowing healthcare providers to offer a broader range of treatment options for various cancer types. Such advancements also make it possible to treat patients who may have been ineligible for radiotherapy in the past due to complex tumor locations or other medical considerations.
Outlook for the Future
Looking ahead, the radiotherapy market is expected to benefit from a supportive regulatory environment as governments and healthcare organizations recognize the critical role radiotherapy plays in cancer care. Additionally, with the rise of personalized medicine, the demand for radiotherapy treatments tailored to specific patient needs is projected to increase further. As AI and data analytics become more deeply integrated into radiotherapy planning and treatment delivery, the future of radiotherapy looks promising, with new opportunities to enhance treatment outcomes and provide patients with more effective cancer care.
About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
Contact Us: Akash Anand – Head of Business Development & Strategy [email protected] Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
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healthcarefuture · 2 days ago
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Market Dynamics and Future Outlook of Endoscopic Submucosal Dissection Technologies
Endoscopic Submucosal Dissection (ESD) is a minimally invasive procedure that enables the removal of gastrointestinal tumors, particularly those located in the stomach, esophagus, and colon, without the need for open surgery. Originating in Japan, where it was primarily used to treat early gastric cancers, this technique has now become widely accepted across the world due to its high efficacy and low recurrence rates. The Endoscopic Submucosal Dissection technique involves using specialized tools to separate the tumor from the submucosal layer, allowing complete removal of the tumor with minimal damage to surrounding tissues. Due to its targeted nature, ESD offers significant advantages over traditional surgical methods, particularly in preserving patient quality of life.
According to MRFR analysis, the market size for endoscopic submucosal dissection was projected to reach 93.96 billion USD in 2022. By 2032, the endoscopic submucosal dissection market is projected to have grown from 100.56 billion USD in 2023 to 185.28 billion USD. The market for endoscopic submucosal dissection is anticipated to increase at a CAGR of roughly 7.02% between 2024 and 2032.
Endoscopic Submucosal Dissection Market Size and Share
The market size of Endoscopic Submucosal Dissection procedures is growing as more medical professionals adopt this advanced technique for cancer treatment. Market analyses indicate that with the increase in awareness of early detection of gastrointestinal cancers, the demand for ESD is expected to rise significantly in the coming years. By providing a less invasive alternative to traditional surgery, ESD has become an attractive option for both healthcare providers and patients. The Endoscopic Submucosal Dissection market share is likely to increase as more healthcare facilities invest in training and equipment, contributing to market growth. Factors like an aging population and higher cancer detection rates are anticipated to drive market expansion, while advancements in endoscopic technology further enhance the reach and success rate of ESD.
Endoscopic Submucosal Dissection Market Analysis
In-depth Endoscopic Submucosal Dissection analysis highlights the key components driving the growth of this market. An increasing prevalence of gastrointestinal cancers, coupled with a strong demand for minimally invasive procedures, is accelerating the adoption of ESD. The technique's potential for offering complete resection of superficial tumors has led to its increasing acceptance in both developed and emerging healthcare markets. Another important factor revealed through Endoscopic Submucosal Dissection analysis is the regulatory support and approvals provided by healthcare authorities, which are encouraging clinical use and widespread implementation. However, challenges such as the procedure’s complexity, which requires specialized training, and high initial setup costs for healthcare facilities, may restrain the market's growth to some extent.
Trends in Endoscopic Submucosal Dissection
The Endoscopic Submucosal Dissection market trends demonstrate several key developments in response to evolving healthcare needs. One major trend is the increased integration of Artificial Intelligence (AI) in endoscopy, which enhances the accuracy and precision of tumor detection, making ESD even more effective. Another trend is the advent of robotic endoscopic tools, which improve maneuverability and reduce procedural times. Furthermore, as telemedicine expands globally, online training platforms have allowed more healthcare professionals to gain ESD training remotely, thus broadening the adoption of this technique. The demand for minimally invasive surgeries in elderly patients is another trend supporting the market's growth, as ESD presents fewer risks compared to open surgical procedures.
Reasons to Buy Endoscopic Submucosal Dissection Market Reports
Detailed Market Insights: Reports offer a comprehensive analysis of the Endoscopic Submucosal Dissection market size, trends, and opportunities, providing valuable insights for strategic decision-making.
Competitive Landscape Analysis: Understand the strategies of leading players in the ESD market, including their innovations, market shares, and geographical reach.
Forecast and Growth Predictions: Reports offer predictions for the market’s growth, helping stakeholders plan investments and adapt to upcoming changes in demand.
In-depth Technology Analysis: Gain an understanding of the latest technological developments in endoscopy, such as AI and robotics, that are transforming the field of ESD.
Strategic Recommendations: Leverage actionable insights and recommendations on entering or expanding within the ESD market.
Recent Developments in Endoscopic Submucosal Dissection
In recent years, the Endoscopic Submucosal Dissection field has seen various technological advancements and regulatory developments. Notable advancements include the introduction of AI-assisted imaging systems, enhancing the early detection and precise removal of gastrointestinal tumors. Additionally, high-definition imaging has improved the accuracy and effectiveness of ESD procedures, leading to better patient outcomes. In terms of regulatory updates, several countries have introduced standards for the certification of ESD-trained specialists, ensuring consistent procedural quality. Furthermore, research is ongoing to develop less invasive and more cost-effective tools, making ESD accessible to a broader range of healthcare facilities worldwide.
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marketresearchdataigr · 10 months ago
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industrynewsupdates · 2 days ago
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Antimicrobial Additives Market: A Look at the Global Competitive Landscape
The global antimicrobial additives market was valued at USD 3.11 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2030. This growth is expected to be driven by several factors, including the rapidly growing population, urbanization, and heightened health awareness, especially in emerging economies in the Asia-Pacific region. These factors are likely to support various end-use industries, resulting in an increased demand for antimicrobial additives during the forecast period.
The demand for antimicrobial additives is anticipated to rise primarily in the healthcare and packaging sectors. This is largely due to the growing need for products that can help address global health concerns, such as the COVID-19 pandemic. The increased production and consumption of healthcare and packaging products designed to combat the spread of the virus will positively influence the antimicrobial additives market, particularly in the plastics segment. In addition, the Asia-Pacific region is expected to lead the demand for antimicrobial additives, owing to its significant presence of healthcare product manufacturers.
Within the antimicrobial additives market, the healthcare segment has seen the highest level of penetration, accounting for the largest share of revenue. This can be attributed to the strong demand for antimicrobial additives used in the production of infection-preventing and sterilized medical products, such as surgical tubing, cables, and orthopedic sutures. Furthermore, the growing health consciousness among consumers, the increasing elderly population in countries like Japan, China, and the U.S., and the rising demand for high-quality medical equipment are expected to further drive the market for antimicrobial additives.
Gather more insights about the market drivers, restrains and growth of the Antimicrobial Additives Market
Regional Insights: Antimicrobial Additives Market
Asia Pacific
Asia Pacific holds the dominant position in the global antimicrobial additives market, contributing over 38.0% to the total global revenue in 2023. This significant market share is driven by the robust growth of key end-use industries such as automotive, healthcare, construction, food and beverage, and packaging. Several factors are contributing to the expansion of antimicrobial additives in this region:
1. Automotive Industry:
The automotive industry in countries like China, Japan, and India is a major factor propelling market growth. These countries have strong manufacturing bases for vehicles, and the increasing sales of passenger vehicles are expected to further boost the demand for antimicrobial additives in automotive applications. In particular, antimicrobial additives are utilized in vehicle interiors, seat fabrics, and other components to improve hygiene and prevent microbial growth.
Additionally, favorable government policies, such as foreign direct investments (FDI) and the Make in India initiative in India, are expected to provide ample growth opportunities for the automobile industry. This, in turn, will likely increase the consumption of antimicrobial additives in the region.
2. Industrial Expansion:
The industrialization across Asia Pacific is another key driver. The growing demand for industrial machinery, equipment, and containers is expected to augment the use of antimicrobial additives in these sectors. As industries expand, antimicrobial additives are increasingly applied to prevent microbial contamination in various industrial applications.
3. Construction and Infrastructure:
The construction industry in emerging economies such as India and China is expanding rapidly. Both governments have been significantly increasing infrastructure spending, creating new opportunities for antimicrobial additives in building materials, paints, and coatings. These additives are often used in construction materials to enhance the durability and hygiene of buildings and infrastructure.
4. Healthcare Sector:
The healthcare segment is a major driver of antimicrobial additive demand in Asia Pacific. The growing demand for syringes, surgical drapes, personal protective clothing (PPE), and other medical products that require antimicrobial properties to prevent infections is pushing up consumption. The pandemic increased the demand for such products, and the market for these healthcare items is expected to remain strong as the region recovers from COVID-19.
Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.
• The global self-healing polymers market size was estimated at USD 1.57 billion in 2023 and is expected to grow at a CAGR of 26.18% from 2024 to 2030.
• The global styrene butadiene rubber market size was valued at USD 46.46 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030.
Key Antimicrobial Additives Companies
Several prominent companies are leading the antimicrobial additives market in Asia Pacific, leveraging both organic and inorganic strategies such as capacity expansion, mergers & acquisitions, and joint ventures to expand their market share. These companies focus on innovation and new product developments to cater to the growing demand in various industries.
For example, in March 2023, IFF, a renowned player in the food and beverage sector, announced a strategic partnership with Grupo Drul to distribute FermaSure XL in Brazil, signaling the importance of market expansion and strategic alliances to tap into new regions.
The following are the key companies driving growth in the antimicrobial additives market:
• NanoBioMatters Industries S.L.
• BASF SE
• RTP Company
• Milliken Chemical
• BioCote Limited
• Microban International
• Clariant AG
• PolyOne Corporation
• Momentive Performance Materials Inc.
• Life Materials Technologies Limited
• SteriTouch Limited
• Sanitized AG
• Dow Inc.
• LyondellBasell Industries Holdings B.V.
• Plastics Color Corporation
• Lonza
Order a free sample PDF of the Antimicrobial Additives Market Intelligence Study, published by Grand View Research.
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