Invibio Ltd.

DUBLIN--( BUSINESS WIRE )--The "Medical Plastics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Medical Plastics Market to Reach $50.5 Billion by 2030 The global market for Medical Plastics estimated at US$31 Billion in the year 2022, is projected to reach a revised size of US$50.5 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030. Engineering Plastics, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$6.3 Billion by the end of the analysis period. Growth in the High Performance Plastics (hpp) segment is estimated at 7.6% CAGR for the next 8-year period. The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 7.8% CAGR The Medical Plastics market in the U.S. is estimated at US$8.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.2 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.1 Billion by the year 2030. What`s New? Special discussions on the global economic climate and market sentiment Coverage on global competitiveness and key competitor percentage market shares Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to digital archives and research platform Complimentary updates for one year Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes Key Attributes: Report Attribute Details No. of Pages 604 Forecast Period 2022 - 2030 Estimated Market Value (USD) in 2022 $31 Billion Forecasted Market Value (USD) by 2030 $50.5 Billion Compound Annual Growth Rate 6.3% Regions Covered Global MARKET OVERVIEW Plastics in Healthcare: Pioneering New Frontiers in Medical Device Evolution Trends Shaping the Medical Devices and Medical Plastics Industries Medical Plastics - A SWOT Analysis Global Economic Update COVID-19 Revives Interest in Plastics for Medical Industry Competitive Market Presence - Strong/Active/Niche/Trivial for 97 Players Worldwide in 2023 (E) Plastics Used in Medical Devices Types of Medical Plastics Recent Market Activity MARKET TRENDS & DRIVERS Bioplastics in the Medical Sector: A Sustainable Innovation Gaining Interest Growing Applications of Bioresorbable and Biodegradable Polymers Biodegradable Polymers in Nano Drugs: A Growing Market Rise in Importance of 3D Printing in Manufacturing of Medical Devices Multi-Jet Fusion Technology: Revolutionizing Medical 3D Printing PEEK Emerges as a Key Material for 3D Printing Medical Devices Micro-Moulding Medical Plastics, an Essential Manufacturing Technique for Implants and other Medical Devices Silicone Gains Increased Acceptance in Medical Applications Growing Prominence of Silicone in Surgical and Medical Device Bonding Drive Demand in Medical Applications Wearable Medical Devices: A Lucrative End-use Market for Medical Silicone Silicone Elastomers Gain Attractive Penetration in Medical & Healthcare Industry Growing Adoption of Medical Robots Creates Demand for High Strength Plastics Advancements in Medical Plastics and Production Capabilities Drive Innovative Applications Growing Demand for Point of care Diagnostics Drive Gains Plastics Aid Artificial Organs Revolutionize Medical Industry Engineered Resins Continue to Evolve PEEK Polymers Gain Importance in Orthopedic Implants Thermoplastic Elastomers Find Growing Use in Medical Industry Rising Popularity of TPEs for Medical Tubing Applications Antimicrobial Plastics for Medical Devices Gain Prominence Trends in Decorating Techniques Used in Medical Device Manufacture Disposables Widen Demand for Advanced Polymers Medical Device Packaging: A Pivotal Aspect of Modern Healthcare System Sterilization Techniques Play a Vital Role in Selection of Polymers for Medical Applications Sustainable Healing: Pioneering the Recycling Revolution in Medical Plastics Rise in Healthcare Expenditure to Drive Growth Demographic Trends Push the Market Ahead FOCUS ON SELECT PLAYERS (Total 97 Featured) BASF SE Lanxess AG Eastman Chemical Company Kuraray Co., Ltd. Exxon Mobil Corporation Covestro AG Chi Mei Corporation AdvanSource Biomaterials Corporation Invibio Ltd. Addiplast SA Engineered Polymers (India) Pvt., Ltd. Distrupol Ltd. Elix Polymers SLU Kraton Corporation GW Plastics, Inc. For more information about this report visit https://www.researchandmarkets.com/r/kq5v44 About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Medical Plastics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Medical Plastics Market to Reach $50.5 Billion by 2030 The global market for Medical Plastics estimated at US$31 Billion in the year 2022, is projected to reach a revised size of US$50.5 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030. Engineering Plastics, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$6.3 Billion by the end of the analysis period. Growth in the High Performance Plastics (hpp) segment is estimated at 7.6% CAGR for the next 8-year period. The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 7.8% CAGR The Medical Plastics market in the U.S. is estimated at US$8.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.2 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.1 Billion by the year 2030. What`s New? Special discussions on the global economic climate and market sentiment Coverage on global competitiveness and key competitor percentage market shares Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to digital archives and research platform Complimentary updates for one year Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes MARKET OVERVIEW Plastics in Healthcare: Pioneering New Frontiers in Medical Device Evolution Trends Shaping the Medical Devices and Medical Plastics Industries Medical Plastics - A SWOT Analysis Global Economic Update COVID-19 Revives Interest in Plastics for Medical Industry Competitive Market Presence - Strong/Active/Niche/Trivial for 97 Players Worldwide in 2023 (E) Plastics Used in Medical Devices Types of Medical Plastics Recent Market Activity MARKET TRENDS & DRIVERS Bioplastics in the Medical Sector: A Sustainable Innovation Gaining Interest Growing Applications of Bioresorbable and Biodegradable Polymers Biodegradable Polymers in Nano Drugs: A Growing Market Rise in Importance of 3D Printing in Manufacturing of Medical Devices Multi-Jet Fusion Technology: Revolutionizing Medical 3D Printing PEEK Emerges as a Key Material for 3D Printing Medical Devices Micro-Moulding Medical Plastics, an Essential Manufacturing Technique for Implants and other Medical Devices Silicone Gains Increased Acceptance in Medical Applications Growing Prominence of Silicone in Surgical and Medical Device Bonding Drive Demand in Medical Applications Wearable Medical Devices: A Lucrative End-use Market for Medical Silicone Silicone Elastomers Gain Attractive Penetration in Medical & Healthcare Industry Growing Adoption of Medical Robots Creates Demand for High Strength Plastics Advancements in Medical Plastics and Production Capabilities Drive Innovative Applications Growing Demand for Point of care Diagnostics Drive Gains Plastics Aid Artificial Organs Revolutionize Medical Industry Engineered Resins Continue to Evolve PEEK Polymers Gain Importance in Orthopedic Implants Thermoplastic Elastomers Find Growing Use in Medical Industry Rising Popularity of TPEs for Medical Tubing Applications Antimicrobial Plastics for Medical Devices Gain Prominence Trends in Decorating Techniques Used in Medical Device Manufacture Disposables Widen Demand for Advanced Polymers Medical Device Packaging: A Pivotal Aspect of Modern Healthcare System Sterilization Techniques Play a Vital Role in Selection of Polymers for Medical Applications Sustainable Healing: Pioneering the Recycling Revolution in Medical Plastics Rise in Healthcare Expenditure to Drive Growth Demographic Trends Push the Market Ahead FOCUS ON SELECT PLAYERS (Total 97 Featured) BASF SE Lanxess AG Eastman Chemical Company Kuraray Co., Ltd. Exxon Mobil Corporation Covestro AG Chi Mei Corporation AdvanSource Biomaterials Corporation Invibio Ltd. Addiplast SA Engineered Polymers (India) Pvt., Ltd. Distrupol Ltd. Elix Polymers SLU Kraton Corporation GW Plastics, Inc. For more information about this report visit About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Media Contact: Research and Markets Laura Wood, Senior Manager [email protected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Logo: SOURCE Research and Markets

CYPRESS, Texas, June 20, 2023 /PRNewswire/ -- Genesis Medical Plastics now offers its own brand of PEEK film and thin sheet for fabricating intricate components for implantable medical devices. The company's production technology yields quantities to support projects from testing through full production. Genesis PEEK film and thin sheet and the PEEK resin from which they are made comply with ASTM F2026-17, essential for use in implantable devices. Genesis is also ISO 13485:2016 certified and FDA registered as a device manufacturing facility. Continue Reading The decision to introduce Genesis PEEK film was driven by device manufacturers seeking a qualified commercial source. Tweet this While implantable PEEK is widely used in medical devices, the vast majority of implant applications are made by machining extruded rod and plate or by injection molding. To fill the need for implantable PEEK film and thin sheet for device components, Genesis focused on engineering its own calendering technology. Its capabilities now provide efficient sizes of film for laser-cutting or stamping the small internal parts associated with defibrillators, pacemakers and other bioelectronic devices. According to Stephen Kramer, Genesis General Manager, "The decision to introduce Genesis PEEK film was driven by device manufacturers seeking a well-qualified commercial source. Customers also needed small size formats, rather than large rolls common in film production. This led us to develop technology to calender yield-efficient sizes for precision parts in quantities suited to customers' requirements." Genesis film and sheet production width is 100mm (4 inches). Standard thicknesses range from 0.254 mm (0.010-inch) to 1.106 mm (0.040-inch). Custom slit widths and made-to-order sizes are also available. In addition to offering its new Genesis PEEK products, the company custom-produces film and thin sheet for device manufacturers who prefer to supply their own implantable PEEK from Invibio, Evonik, and from Solvay under their Zeniva brand. About Genesis Medical Plastics Genesis Medical Plastics based in Cypress, Texas is an ISO 13485:2016 certified company and an FDA Class II registered medical device manufacturer. It recently added calendering implantable PEEK film and thin sheet to its capabilities for converting customers' medical polymers into custom configurations. Processes include extrusion of machinable rod and plate in a range of sizes, injection molding precision components, and CNC machining from prototypes to production quantities. Its production team has over two decades of processing experience in medical grade plastics from polypropylene through PEEK. Visit for more information. Media contact: Cameron Yonts 1.281.255.6848 [email protected] SOURCE Genesis Medical Plastics