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Source:www.21cp.com
Of different plastic materials, PVC and PP are in greater demand in medical industry. However, PE, PS, PET and PA will grow rapidly. Until year 2018, biodegradable polymer will also maintain strong growth in medical field, a major trend for the next few years.
In history, medical device industry had a higher demand for polymer materials than medical packaging. But during 2012-2018, the growth of medical packaging possibly surpasses that of medical device so polymer demand in medical packaging will rise accordingly. In addition, over the next few years, the development of active implantable medical devices and tissue engineering will also show a good trend, and provide opportunity for medical grade plastic suppliers. On the other hand, however, the growth of medical polymer may be deterred by stricter regulations in medical area and unstable pricing.
Aging population will help drive the sales of medical polymer; in the next few years, the demand growth for medical polymer in the Asia-pacific region will remain the highest in the world.