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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Medical Grade Plastic is used in the production of a wide range of medical devices and equipment, including MRI machines, diagnostic wands, and medical and surgical tubing.
Other medical grade plastic products that are commonly used include: Surgical equipment, Dental equipment, Trays for sterilization, Anesthesia, diagnostic, and imaging technology .
Medical grade resin materials are an important component of today's healthcare system. These materials meet global regulatory requirements and are designed and manufactured specifically for medical use.
In our case, they are guaranteed to be available for a longer period of time than regular grades. As a result, device designers can confidently design and specify products that benefit users all over the world. Not all medical grade resins are the same.
Every medical-grade plastic on the market has inherent properties that are similar to those of conventional plastic polymers. They differ in biocompatibility, however, because conventional plastic polymers do not consider biocompatibility.
The Global Medical grade nylon resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Foster Corporation's Distribution business, a leader in material solutions for the critical application healthcare market segment, and Ascend Performance Materials, a leader in the manufacture and marketing of nylon-based materials and technologies, have announced the distribution of Ascend's new Hi-Dura MED grade nylon (PA) based materials for the high performance medical device market.
Ascend Performance Materials has introduced a new medical-grade nylon 6,6 resins and engineered materials portfolio for the healthcare market.
HiDura Med products have passed ISO 10993-5 and 10993-10 biocompatibility testing and can be used in a wide range of healthcare applications.
Across multiple industry segments, Ascend's nylon 6,6 brands are synonymous with unparalleled quality, The HiDura Med portfolio provides the same level of quality to customers looking for solutions that meet the stringent requirements of the healthcare market, such as ISO 10993-5 and 10993-10 biocompatibility testing, an effective change notification policy, and operational policies to ensure the highest possible standards.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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