Global Medical Elastomers Market – Analysis and Forecast to 2024 | Polyone Corporation, Trelleborg AB

Elastomers used in the medical industry are known as medical elastomers. They are used in the applications where higher flexibility or elasticity is required. Medical grade elastomers are used to optimize the function of life sciences applications. The global medical elastomers market is registering a good growth, due to the increasing demand of medical devices across the globe. This can also be attributed to its use in the wide range of applications, including medical tubes, medical bags, patch adhesives, orthopedic gels, and others.

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Geographic Overview
Asia-Pacific is expected to lead the medical elastomers market in the coming years, due to the expanding medical industry in the region. The medical industry in countries such as China and India are rapidly growing, primarily due to growing population, which is increasing the demand of medical devices, equipment, and others in the region. According to export.gov, in 2016, the Chinese medical device industry registered a growth of 20.1% as compared to 2015. The growth was majorly fueled by the hospital procurements to meet the need of the growing population.

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Competitive Insight
Key players in the medical elastomers industry are focusing on developing more advanced elastomers and are investing significantly in the market to attain the same. BASF SE, DowDuPoint Inc., Solvay SA, Royal DSM, Eastman Chemical Company, Celanese Corporation, Polyone Corporation, Trelleborg AB, Kuraray Co., Ltd., RTP Company, and Foster Corporation are some of the key players offering various elastomers to the medical industry.

Geographical Segmentation

Geographical Segmentation

Medical Elastomer Market by Region

North America

  • U.S.
  • Canada

Europe

  • Germany
  • U.K.
  • France
  • Russia
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Middle East & Africa (MEA)

  • South Africa
  • U.A.E.
  • Saudi Arabia
  • Argentina
  • Rest of MEA

Medical Elastomer by Region

North America

  • U.S.
  • Canada

Europe

  • Germany
  • U.K.
  • France
  • Russia
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Middle East & Africa (MEA)

  • South Africa
  • U.A.E.
  • Saudi Arabia
  • Argentina
  • Rest of MEA

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