Industry Experts, Inc. Projects Global Medical Engineered Materials Demand to Touch 38 Billion by 2030 – Market Trends and Forecast 2024-2030
Industry Experts, Inc unveiled the new global market research report, on Medical Engineered Materials, entitled " Medical Engineered Plastics – A Global Market Overview ". According to this new report, the largest market for medical engineered materials is the medical disposables with an expected US$9.4 billion in 2024 and the segment is also projected to be the fastest growing during the analysis period 2024-2030. In broad terms, Medical Engineered Materials can be referred to as specialized medical-grade materials that are utilized for medical and healthcare purposes. These materials are subjected to a number of design and approval processes, so that they can be used in manufacturing a variety of products and solutions for the medical sector. While North America leads the global demand for Medical Engineered Materials, with a share of over 35% estimated for 2024, Asia-Pacific is likely to emerge as the fastest growth market with growth rate compounded at over 11% during t...