Oceania Medical Polymers Market Size & Outlook, 2022-2030
Oceania medical polymers market, 2019-2030 (US$M)
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Oceania medical polymers market highlights
- The Oceania medical polymers market generated a revenue of USD 338.7 million in 2022 and is expected to reach USD 623.9 million by 2030.
- The Oceania market is expected to grow at a CAGR of 7.9% 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 338.7 million |
| Market revenue in 2030 | USD 623.9 million |
| Growth rate | 7.9% (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, Oceania accounted for 1.7% 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 Asia Pacific, China medical polymers market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 992.3 million by 2030.
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Medical Polymers Market Scope
Medical Polymers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Oceania 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 79.81% in 2022. Horizon Databook has segmented the Oceania medical polymers market based on fibers & resins, medical elastomers, biodegradable polymers covering the revenue growth of each sub-segment from 2019 to 2030.
Oceania consists of Australia, New Zealand, and islands including Melanesia, Micronesia, and Polynesia. Australian medical industry is characterized by a small number of global multinational companies and many small- and medium-sized enterprises.
The medical sector in Australia is supported by a robust regulatory system, competitive R&D tax incentive scheme, and a world-class healthcare system, creating a highly favorable environment for medical collaborations, innovation, and investments.
In the public system, essential healthcare services, including hospital care, emergency care, and necessary surgery, are provided free for residents of New Zealand and those living with a work visa valid for two years or longer.
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Target buyers of Oceania medical polymers market databook
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Our clientele includes a mix of medical polymers market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Oceania medical polymers market , including forecasts for subscribers. This country databook contains high-level insights into Oceania medical polymers market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Oceania medical polymers market size, by product, 2019-2030 (US$M)
Oceania Medical Polymers Market Outlook Share, 2022 & 2030 (US$M)
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