Vietnam Bio-based Polypropylene In Medical Devices Market Size & Outlook

The bio-based polypropylene in medical devices market in Vietnam is expected to reach a projected revenue of US$ 451.2 thousand by 2030. A compound annual growth rate of 18% is expected of Vietnam bio-based polypropylene in medical devices market from 2024 to 2030.
Revenue, 2023 (US$K)
$142.0
Forecast, 2030 (US$K)
$451.2
CAGR, 2024 - 2030
18%
Report Coverage
Vietnam

Vietnam bio-based polypropylene in medical devices market, 2018-2030 (US$K)

Vietnam

Related Markets

Vietnam bio-based polypropylene in medical devices market highlights

  • The Vietnam bio-based polypropylene in medical devices market generated a revenue of USD 142.0 thousand in 2023 and is expected to reach USD 451.2 thousand by 2030.
  • The Vietnam market is expected to grow at a CAGR of 18% from 2024 to 2030.
  • In terms of segment, heart valve structures was the largest revenue generating application in 2023.
  • Heart Valve Structures is the most lucrative application segment registering the fastest growth during the forecast period.


Bio-based polypropylene in medical devices market data book summary

Market revenue in 2023USD 142.0 thousand
Market revenue in 2030USD 451.2 thousand
Growth rate18% (CAGR from 2023 to 2030)
Largest segmentHeart valve structures
Fastest growing segmentHeart Valve Structures
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD thousand
Market segmentationHeart Valve Structures, Surgery sutures, Surgical Mesh
Key market players worldwideSABIC, LyondellBasell Industries NV Class A, Mitsui Chemicals Inc, OMV AG, Braskem SA ADR, Danimer Scientific Inc Ordinary Shares - Class A, FKuR, Avient Corp


Other key industry trends

  • In terms of revenue, Vietnam accounted for 1.2% of the global bio-based polypropylene in medical devices market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China bio-based polypropylene in medical devices market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,365.1 thousand by 2030.

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Bio-based Polypropylene In Medical Devices Market Companies

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Vietnam bio-based polypropylene in medical devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio-based polypropylene in medical devices market will help companies and investors design strategic landscapes.


Heart valve structures was the largest segment with a revenue share of 35.35% in 2023. Horizon Databook has segmented the Vietnam bio-based polypropylene in medical devices market based on heart valve structures, surgery sutures, surgical mesh covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Vietnam bio-based polypropylene in medical devices market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam bio-based polypropylene in medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Vietnam bio-based polypropylene in medical devices market size, by application, 2018-2030 (US$K)

Vietnam Bio-based Polypropylene In Medical Devices Market Outlook Share, 2023 & 2030 (US$K)

Vietnam bio-based polypropylene in medical devices market size, by application, 2018-2030 (US$K)

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