North America Medical Elastomers Market Size & Outlook
The medical elastomers market in North America is expected to reach a projected revenue of US$ 3,838.8 million by 2030. A compound annual growth rate of 12.8% is expected of North America medical elastomers market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,647.5
Forecast, 2030 (US$M)
$3,838.8
CAGR, 2024 - 2030
12.8%
Report Coverage
North America
North America medical elastomers market, 2018-2030 (US$M)
Related Markets
North America medical elastomers market highlights
- The North America medical elastomers market generated a revenue of USD 1,647.5 million in 2023.
- The market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, thermoplastic elastomer was the largest revenue generating type in 2023.
- Thermoplastic Elastomer is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,647.5 million |
| Market revenue in 2030 | USD 3,838.8 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Thermoplastic elastomer |
| Fastest growing segment | Thermoplastic Elastomer |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic Elastomer, Thermoset Elastomer |
| Key market players worldwide | Basf SE, Dow Inc, DuPont de Nemours Inc, DSM Firmenich AG, Kuraray Co Ltd, Teknor Apex, L.B. Foster Co Class A, Hexpol AB Class B, Trelleborg AB Class B, Celanese Corp Class A, Solvay SA, Kraton Performance Polymers, Momentive, Avient Corp, Biomerics |
Other key industry trends
- In terms of revenue, North America region accounted for 39.5% of the global medical elastomers market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,622.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Elastomers Market Scope
Medical elastomers market segmentation & scope
Medical Elastomers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America medical elastomers 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 medical elastomers market will help companies and investors design strategic landscapes.
Thermoplastic elastomer was the largest segment with a revenue share of 68.08% in 2023. Horizon Databook has segmented the North America medical elastomers market based on thermoplastic elastomer, thermoset elastomer covering the revenue growth of each sub-segment from 2018 to 2030.
- North America Medical Elastomers Type Outlook (Revenue, USD Million, 2018-2030)
- Thermoplastic Elastomer
- Thermoset Elastomer
- North America Medical Elastomers Application Outlook (Revenue, USD Million, 2018-2030)
- Medical Tubes
- Medical Bags
- Catheters
- Syringes
- Implants
- Gloves
- Others
Reasons to subscribe to North America medical elastomers market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America medical elastomers market databook
-
Our clientele includes a mix of medical elastomers market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America medical elastomers market , including forecasts for subscribers. This continent databook contains high-level insights into North America medical elastomers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America medical elastomers market size, by country, 2018-2030 (US$M)
North America Medical Elastomers Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
