France Medical Polymers Market Size & Outlook, 2022-2030
France medical polymers market, 2019-2030 (US$M)
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France medical polymers market highlights
- The France medical polymers market generated a revenue of USD 261.2 million in 2022 and is expected to reach USD 459.8 million by 2030.
- The France market is expected to grow at a CAGR of 7.3% from 2023 to 2030.
- In terms of segment, fibers & resins was the largest revenue generating product in 2022.
- Biodegradable Polymers is the most lucrative product segment registering the fastest growth during the forecast period.
Medical polymers market data book summary
| Market revenue in 2022 | USD 261.2 million |
| Market revenue in 2030 | USD 459.8 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Fibers & resins |
| Fastest growing segment | Biodegradable Polymers |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fibers & Resins, Medical Elastomers, Biodegradable Polymers |
| Key market players worldwide | Basf SE, Cargill, Covestro AG, Celanese Corp Class A, Eastman Chemical Co, Evonik Industries AG, Dow Inc, Exxon Mobil Corp, Arkema SA, Koninklijke DSM NV, Formosa Plastics Group, SABIC, Trinseo PLC |
Other key industry trends
- In terms of revenue, France accounted for 1.3% of the global medical polymers market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK medical polymers market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,114.7 million by 2030.
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Medical Polymers Market Scope
Medical Polymers Market Companies
| Name | Profile | # Employees | HQ | Website |
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France medical polymers 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 polymers market will help companies and investors design strategic landscapes.
Fibers & resins was the largest segment with a revenue share of 80.25% in 2022. Horizon Databook has segmented the France medical polymers market based on fibers & resins, medical elastomers, biodegradable polymers covering the revenue growth of each sub-segment from 2019 to 2030.
The medical device industry in France is highly regulated. The stringent directives laid by the European Commission regarding the use of premium grade polymer products for manufacturing medical devices can significantly impact the medical polymers market in France.
The demand for medical polymers in the country is expected to be driven by the increasing use of silicone as a raw material for producing medium- and high-contact medical devices. The market is expected to witness increased adoption of polypropylene-based internal, and external use products such as mesh implants, containers, and catheters as a substitute for PVC-based counterparts.
Furthermore, increasing the use of polystyrene in medical cups and vaginal dilator speculum owing to its high transparency, rigidity, and thermal resistance is also expected to boost the growth of the medical polymers market.
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Horizon Databook provides a detailed overview of country-level data and insights on the France medical polymers market , including forecasts for subscribers. This country databook contains high-level insights into France medical polymers market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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France medical polymers market size, by product, 2019-2030 (US$M)
France Medical Polymers Market Outlook Share, 2022 & 2030 (US$M)
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