The global medical plastics market was valued at approximately USD 52.9 billion in 2023 and is projected to experience a steady growth rate, with a compound annual growth rate (CAGR) of 7.4% expected between 2024 and 2030. The significant growth in this sector can be attributed to the advancements in the development of plastics and plastic composites used in medical applications, particularly...

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...