Medical Plastics Extrusion Market - Size, Share, Outlook, and Forecast till 2026

Extrusion is a process by which objects of a fixed cross-sectional profile are created. Plastic extrusion commonly uses plastic chips or pellets, which are usually dried in a hopper before it is sent to the feed screw. A combination of heating elements and shear heating from the extrusion screw is used to heat the polymer resin to molten state. Then, the screw forces the resin through a die, thereby forming the resin into the desired shape. Furthermore, the extrudate is cooled and solidified once it is pulled through the die or water tank. Plastics extrusion process is used in medical field to create medical tubing, catheters, IV and drainage tubing, needle and syringe caps, and any kind of component or device that requires a profiled tube or shaft.

Rising number of surgical procedures leading to increasing demand for catheters and is one of the major factors driving growth of the global medical plastics extrusion market. Moreover, increasing number of hospitals and clinics will also boost growth of the global medical plastics extrusion market.

However, post-extrusion alterations and size variances are expected to hamper growth of the global medical plastics extrusion market.

Key Developments in Medical Plastics Extrusion Market

Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the medical plastics extrusion market.

Putnam Plastics offer Total Intermittent Extrusion (TIE), which is a proprietary process that is capable of producing extrusions with variable durometers along their length and provides a soft tip so as to not cause any damage during the procedure.

On February 8, 2016, Putnam Plastics Corporation developed an advanced tri-layer tubing technology called as Super-Tri that significantly improves tensile and burst strength, while reducing elongation.

On December 8, 2015, Pexco LLC acquired Precision Extrusion, Inc. of Glens Falls, New York, which is a dual-certified ISO 9001 and ISO 13485 manufacturer of advanced medical tubing and catheter solutions.

Some of the major players operating in the global medical plastics extrusion market include Vesta, Vention Medical, Putnam Plastics, Pexco, Raumedic, Fluortek, VistaMed, Teel Plastics, Biomerics, and A.P. Extrusion among others.

Report includes chapters which deeply display the following deliverable about industry:

• Medical Plastics Extrusion Market Research Objective and Assumption
• Medical Plastics Extrusion Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM)
• Medical Plastics Extrusion Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Medical Plastics Extrusion Market, By Regions
• Medical Plastics Extrusion Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Medical Plastics Extrusion Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors.
• Medical Plastics Extrusion Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change.
• Medical Plastics Extrusion Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion

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