Medical Plastic Extrusion Market – North America is expected to have a dominant position in the market during the forecast period 2026

SEATTLE, July 06, 2021, (MEDGADGET) – Global market analysis for medical plastic extrusions

overview

Medical plastic extrusion is a mass production process in which raw plastic is melted and formed into a continuous profile from flakes, granules and flake powder together with certain additives such as colorants in liquid or pelletized form. This is where needles, injection and delivery tubes, needle and catheter caps, injections and other parts or accessories are made that include a profiled tube or shaft. PVC is the most widely used polymer for medical tubing, followed by polyurethane, polyolefin, and blends and alloys such as thermoplastic elastomer. As a result, medical plastic extrusion suppliers are setting new manufacturing and quality standards for critical medical devices such as catheters, infusion and drainage tubes.

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driver

The global medical plastic extrusion market is being driven by advances in medical laser coating technology and the emergence of new entrants. The increasing proximity of consumers to healthcare providers is also driving the market forward.

The global medical plastic extrusion market will grow as cardiovascular diseases such as heart failure, irregular heartbeat, and cirrhosis become more common. The World Health Organization (WHO) announced on May 17, 2017 that cardiovascular diseases (CVDs) are the leading cause of death worldwide. According to the WHO, between 2013 and 2016, cardiovascular disease affected 121.5 million American adults. Coronary artery disease (43.2%) was the leading cause of death in the United States in 2016. It would drive demand for medical plastic extrusion. Urological diseases and an increasing geriatric population plague the North American and European regions and contribute to a great demand for catheters. The increase in the number of surgical procedures and the increasing uses of pain control are two main factors driving the growth of the global medical plastics extrusion market.

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Regional insights

It is estimated that North America will dominate the global medical plastic extrusion market during the forecast period. Medical plastic extrusion is widely used in hospitals, clinics and other facilities. The new injection molding machines were launched in the North America region with plastic extrusion processes focused on production output, supply and demand numbers, use and quantity of the medical plastic extrusion product. Milacron Holdings Corp., a plastics company, announced a new Quantum toggle injection molding system in 2017 that offers features such as lower power consumption and ordering cycle, as well as accuracy and durability. The Quantum Toggle injection molding machine is designed to increase efficiency, reduce operating costs, and improve performance and technological specifications.

Competitive landscape

Major players in the global medical plastic extrusion market have signed a strategic alliance to improve production quality through enhanced design and manufacturing capabilities, which are vital for them and their consumers and lead to market growth. On October 27, 2016, Kabra Extrusion technik and Unicor GmbH announced a strategic collaboration that includes fully integrated extrusion systems and innovative extrusion design. In a similar way, the Reifenhhauser Group bought Plamex Maschinenbau GmbH on February 18, 2019, thereby strengthening the medical plastics sector. Plamex is a supplier of compound systems and extrusion parts based in Kelberg, Germany, with a focus on water-cooled, focused films for the medical industry. After the takeover, it will work closely with the Reifenhhauser Group to offer individual packaging solutions. This gives the Reifenhhauser Group access to advanced technologies for modular film production, which enable the company to expand its blown film expertise. After the acquisition, the company will now sell new consumer group solutions such as water deterrent, double or multi-bubble technologies.

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Among the key companies contributing to the global Medical Plastic Extrusion Market are Teel Plastics, Vesta, Putnam Plastics, Fluortek, Ace, VistaMed, Pexco, Vention medical, Biomerics and Raumedic.

Table of Contents

Global Medical Plastic Extrusion Market Research Report
Section 1: Global Industry Overview for the Medical Plastic Extrusion Industry
Section 2: Global Economic Impact on the Medical Plastic Extrusion Industry
Section 3: Global Market Competition by Industry Manufacturers
Section 4: Global Productions, Revenue (Value), by Region
Section 5: Global deliveries (production), consumption, export, import, geographical
Section 6: Global productions, sales (value), price development, product type
Section 7: Global Market Analysis on the Basis of Application
Section 8: Medical Plastic Extrusion Market Price Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Distributor / Supplier / Dealer Strategies and Key Policies
Section 11: Analysis of Key Marketing Strategy by Market Vendor
Section 12: Analysis of Market Effect Factors
Section 13: Global Medical Plastic Extrusion Market Forecast

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