Italy Medical Plastic Market Size & Outlook, 2023-2030
Italy medical plastic market, 2018-2030 (US$M)
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Italy medical plastic market highlights
- The Italy medical plastic market generated a revenue of USD 678.6 million in 2023 and is expected to reach USD 1,050.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, polyphenylsulfone (ppsu) was the largest revenue generating product in 2023.
- Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.
Medical plastic market data book summary
| Market revenue in 2023 | USD 678.6 million |
| Market revenue in 2030 | USD 1,050.6 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Polyphenylsulfone (ppsu) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP), Polycarbonate (PC), Liquid Crystal Polymer (LCP), Polyphenylsulfone (PPSU), Polyethersulfone (PES), Polyethylenimine (PEI), Polymethyl Methacrylate (PMMA) |
| Key market players worldwide | Röchling Group, Nolato AB Class B, Compagnie de Saint-Gobain SA, SABIC, Orthoplastics, Eastman Chemical Co, Celanese Corp Class A, Dow Inc, Tekni-Plex, Solvay SA, Hmc Polymers Company, Integer Holdings Corp, Trelleborg AB ADR, Avantor Inc, Trinseo PLC, Evonik Industries AG |
Other key industry trends
- In terms of revenue, Italy accounted for 1.3% of the global medical plastic market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany medical plastic market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 4,970.4 million by 2030.
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Medical Plastic Market Scope
Medical Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy medical plastic 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 plastic market will help companies and investors design strategic landscapes.
Polyphenylsulfone (ppsu) was the largest segment with a revenue share of 47.33% in 2023. Horizon Databook has segmented the Italy medical plastic market based on polyethylene (pe), polypropylene (pp), polycarbonate (pc), liquid crystal polymer (lcp), polyphenylsulfone (ppsu), polyethersulfone (pes), polyethylenimine (pei), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
Plastics are widely used in manufacturing catheters, prosthetic legs, and artificial corneas in the medical industry. They are also used for manufacturing disposables such as contact lenses, disposable enemas, dialysis disposables, hypodermic needles, and medical & cleaning gloves.
Medical plastics are used for manufacturing medical components such as containers, catheters, surgical instruments, medical bags, implants, drug testing equipment, and others. Implants are used for joint replacement, augmentation, and reduction & correction surgeries.
The use of disposable medical products enables the ease of using the products for patients and reduces sterilization requirements, which is expected to boost the demand for medical components in the medical plastic market over the next five years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy medical plastic market , including forecasts for subscribers. This country databook contains high-level insights into Italy medical plastic market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy medical plastic market size, by product, 2018-2030 (US$M)
Italy Medical Plastic Market Outlook Share, 2023 & 2030 (US$M)
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