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Global Biodegradable Medical Plastics Market 2019-2023 - Product Image

Global Biodegradable Medical Plastics Market 2019-2023

  • ID: 4774803
  • Report
  • June 2019
  • Region: Global
  • 120 pages
  • TechNavio
1h Free Analyst Time

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FEATURED COMPANIES

  • Arkema Group
  • BASF SE
  • Corbion NV
  • Evonik Industries AG
  • Koninklijke DSM NV
  • MORE
The waste generated by hospitals mostly contains medical plastics that usually end up in landfills. This could be better managed if hospitals shift their focus toward the use of biodegradable disposable products. Deepening focus on the environmental risk factors associated with the use of plastic is resulting in the elimination of plastic use across various industries, including healthcare. The UK government recently announced its plans to eliminate the use of all kinds of avoidable plastic by 2042. Enterprises are working towards developing the replacement of plastics that is sustainable and is easily degradable such as biodegradable plastics. The growing preference for sustainable products is expected to drive the growth of the global biodegradable medical plastics market size at a CAGR of more than 11% during 2019-2023.

Market Overview

Growth in geriatric population

The geriatric population is more prone to several diseases and postural control problems. The high prevalence of orthopedic disorders among the elderly population has increased the demand for medical products such as medical implants, medical devices, and others. This is expected to have a positive impact on the growth of the global biodegradable medical plastics market size.

High manufacturing cost

Compared to conventional medical plastics, the cost of manufacturing biodegradable medical plastics is high. Factors like the limited availability of bio-based renewable feedstock and higher research and development costs increase the production costs of biodegradable medical plastics. This increasing production costs will have an inflationary impact on the prices of biodegradable medical plastics.

Competitive Landscape

The market appears to be fragmented with several players occupying the market share. Companies such as Arkema Group and BASF SE have intensified competition. Factors such as the increasing preference for sustainable products and the growth of the geriatric population will provide significant growth opportunities for biodegradable medical plastics manufacturers. Arkema Group, BASF SE, Corbion NV, Evonik Industries AG, and Koninklijke DSM NV are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arkema Group
  • BASF SE
  • Corbion NV
  • Evonik Industries AG
  • Koninklijke DSM NV
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Medical devices - Market size and forecast 2018-2023
  • Medical packaging - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Adoption of innovative raw materials
  • Emerging applications of biodegradable medical plastics
  • Rise in use of biodegradable composite materials for implants
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Arkema Group
  • BASF SE
  • Corbion NV
  • Evonik Industries AG
  • Koninklijke DSM NV
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits:
Exhibit 01: Global biomaterials market
Exhibit 02: Segments of global biomaterials market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Medical devices - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Medical devices - Year-over-year growth 2019-2023 (%)
Exhibit 21: Medical packaging - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Medical packaging - Year-over-year growth 2019-2023 (%)
Exhibit 23: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: Others - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by application
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 37: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: South America - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Arkema Group - Vendor overview
Exhibit 48: Arkema Group - Business segments
Exhibit 49: Arkema Group - Organizational developments
Exhibit 50: Arkema Group - Geographic focus
Exhibit 51: Arkema Group - Segment focus
Exhibit 52: Arkema Group - Key offerings
Exhibit 53: BASF SE - Vendor overview
Exhibit 54: BASF SE - Business segments
Exhibit 55: BASF SE - Organizational developments
Exhibit 56: BASF SE - Geographic focus
Exhibit 57: BASF SE - Segment focus
Exhibit 58: BASF SE - Key offerings
Exhibit 59: Corbion NV - Vendor overview
Exhibit 60: Corbion NV - Business segments
Exhibit 61: Corbion NV - Organizational developments
Exhibit 62: Corbion NV - Geographic focus
Exhibit 63: Corbion NV - Segment focus
Exhibit 64: Corbion NV - Key offerings
Exhibit 65: Evonik Industries AG - Vendor overview
Exhibit 66: Evonik Industries AG - Business segments
Exhibit 67: Evonik Industries AG - Organizational developments
Exhibit 68: Evonik Industries AG - Geographic focus
Exhibit 69: Evonik Industries AG - Segment focus
Exhibit 70: Evonik Industries AG - Key offerings
Exhibit 71: Koninklijke DSM NV - Vendor overview
Exhibit 72: Koninklijke DSM NV - Business segments
Exhibit 73: Koninklijke DSM NV - Organizational developments
Exhibit 74: Koninklijke DSM NV - Geographic focus
Exhibit 75: Koninklijke DSM NV - Segment focus
Exhibit 76: Koninklijke DSM NV - Key offerings
Exhibit 77: Validation techniques employed for market sizing
Exhibit 78: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arkema Group
  • BASF SE
  • Corbion NV
  • Evonik Industries AG
  • Koninklijke DSM NV
  • MORE
The following companies are recognised as the key players in the global biodegradable medical plastics market: Arkema Group, BASF SE, Corbion NV, Evonik Industries AG, and Koninklijke DSM NV.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the emerging applications of biodegradable medical plastics.”

According to the report, one of the major drivers for this market is the increasing preference for sustainable products.

Further, the report states that one of the major factors hindering the growth of this market is the high manufacturing costs associated with the production of biodegradable medical plastics.

The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Arkema Group
  • BASF SE
  • Corbion NV
  • Evonik Industries AG
  • Koninklijke DSM NV
Note: Product cover images may vary from those shown
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