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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A flexible, rubber-like substance known as a thermoplastic elastomer, or TPE, processes similarly to plastic. A TPE is a genuine thermoplastic that doesn't need to be vulcanised or cured.
A number of plastic production tools, including injection moulding, extrusion, and blow moulding, are used to process thermoplastic elastomers.
A TPE can be used in secondary operations like welding and bonding to various materials, as well as sophisticated processing like overmolding and two-shot moulding.
Flexible part design options and simple bonding to various thermoplastic substrates are provided by thermoplastic elastomers.
Thermoplastic elastomers (TPEs) are used more frequently by medical device manufacturers for applications that call for flexibility or rubber-like elasticity.
In common applications such tubing, bags, pouches, drip chambers, masks, cushions, syringe tips, ventilator bags, luers, stoppers, gaskets, seals, and dropper bulbs, these compounds have taken the place of alternative materials like thermoset rubber and PVC.
Additionally, more and more designers are using TPEs for fresh applications as they grow to recognize their usefulness. One factor driving the expansion of TPEs in medical devices is their versatility.
TPE compounds now on the market satisfy a variety of end-use criteria, and providers may offer two or more chemically distinct TPE kinds for any particular application.
The Global Medical grade thermoplastic elastomers (TPE) market accountedfor $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
RTP Company is a Thermoplastic Elastomer (TPE) compounder that can help you with almost all of your medical device development needs.
To specialized and highly functionalized TPEs that are created to disperse static electricity, give radiopacity, or reduce sliding friction force, from conventional goods that are pre-tested to biocompatibility norms. Our TPE product line at RTP Company is set up to give the medical device design engineer the most freedom possible.
In addition to our seasoned R&D team's ability to custom create distinct TYPE alloys and insert functional additives in support of your most demanding product innovations, our line of standard goods offers performance that has been tested over time in a variety of devices.
For instance, the Medalist line of medical-grade TPEs from Teknor Apex contains substances based on styrenic, olefinic, and vulcanizate polymers, with several chemistries included within each of these large polymer families.
There are grades of TPEs available to fulfil most requirements for strength, low-temperature toughness, heat stability, chemical and UV resistance. Hardnesses within this assortment of TPEs can range from ultra-soft or gel-like to semi-rigid.
TPEs can be extruded or co-extruded into film, sheet, profiles, or tubes, as well as multi-material- or insert-moulded. Due to their chemical inertness or "clean" constituents, TPEs make good candidates for medical applications.
Medical grade TPEs are free of phthalates and latex proteins and are produced using basic ingredients that comply with FDA regulations.
| 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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