Medical Plastics Market Size To Hit USD 48.3 Billion By 2028
San Francisco, 20 May 2021: The Report Medical Plastics Market Size, Share & Trends Analysis Report By Application (Medical Components, Wound Care, Tooth Implants), By Region (North America, APAC, MEA), And Segment Forecasts, 2021 - 2028 The global medical plastics market size is expected to reach USD 48.3 billion by 2028, growing at a CAGR of 7.5% over the forecast period, according to a new report by Grand View Research, Inc. Robust growth in the medical industry coupled with rising healthcare expenditure across the world are anticipated to drive the global market over the forecast period. The market is expected to register significant growth owing to the high adoption of plastics for implants on account of their chemical inertness and superior fatigue resistance. Asia Pacific region is expected to progress at the fastest CAGR of 8.5% over the forecast period on account of the rising consumer expenditure on healthcare. In addition, the low cost of medical procedures in the