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Medical Polymers Market - Current Impact to Make Big Changes by 2035 For strategic planning and risk management, we have proposed a DELT analysis that can be applied within the Industry. DELT analysis is an analytical framework that is used to evaluate the environment in which an organization operates / wishes to enter. The analysis is used to review strategic planning processes which can aid the organization to mitigate the upcoming risks. In addition, the analysis can be deployed to invent strategies that can influence financing decisions in order to increase profitability. The primary purpose of this analysis is to develop a better understanding of the offerings of different pharmaceutical polymer / medical polymer manufacturers and establish an understanding of the current industry benchmark. The pharmaceutical polymers / medical polymers market is expected to grow at a CAGR of around 7.5%, during 2023-2035. Driven by the ongoing pace of efforts for the development of novel and economical medical-grade polymers, the market is anticipated to witness a steady growth in the coming decade. Our estimates suggest that, in 2023, the maximum revenue generated in this domain is likely to be driven by thermoplastic polymers; this trend is unlikely to change in the foreseen future as well. Presently, the majority share (48%) of the sales revenues is generated by polymers being used in the development of medical devices, followed by polymers being used as excipients in drug formulations (23%). It is worth mentioning that, in 2023, North America and Europe are likely to capture around 80% of the overall share in this domain. Further, the market in Asia-Pacific is anticipated to grow at a relatively faster pace (9.2%), during the given period. The increasing traction in the field of pharmaceutical polymers / medical polymers is evident from number of partnerships inked between stakeholder companies in the recent past. The maximum number of partnerships in the pharmaceutical / medical polymers domain were recorded in 2020 and 2022 (12 each). Product development agreements emerged as a prominent type of partnership model being adopted by stakeholders engaged in this domain. In terms of intercontinental collaborations, maximum number of deals (23%) were signed between companies based in Europe and North America. Further, the maximum number of local as well as international agreements have been signed by companies based in the US. Pharmaceutical / Medical Polymers: Versatile Materials in the Healthcare Domain Polymers are materials consisting of repetitive units of monomers that are bound together by strong covalent bonds. They are ubiquitous in our daily lives due to their favorable characteristics. Polymers can be divided into various categories, based on their backbone chain, degradation ability, molecular forces, source of origin, structure of monomer chain and morphology. Further, polymers are being employed in the pharmaceutical / medical sector for a myriad of applications, such as pharmaceutical excipients, medical devices (components and coatings), packaging systems for medications, tissue engineering and 3D printing. Key Companies Profiled • Americhem • Borealis • Celanese • Corel Pharma Chem • Eastman • Henkel • KRAIBURG TPE • Kuraray • Lubrizol Life Science • LyondellBasell Thank you for reading our report. Kindly get in touch with us to know more about the report or to receive a customized copy of it. Our team will ensure the report is tailored according to your needs. To view more details on this report, click on the link https://www.rootsanalysis.com/reports/medical-polymers-market.html About Roots Analysis Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. Contact: Roots Analysis Gaurav Chaudhary +1 (415) 800 3415 +44 (122) 391 1091 Gaurav.chaudhary@rootsanalysis.com Website: https://www.rootsanalysis.com/

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