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Medical Polymers Market Overview, Analysis and Forecasts to 2020

The rising demand for medical devices and equipment in the healthcare sector owing to increasing prevalence of diseases is anticipated to drive the growth of the global medical polymers market. The Global Medical Polymers Market size is expected to reach USD 17.05 billion by 2020, according to a new report by Grand View Research, Inc. Increasing demand for medical devices, growing aging population, and expanding home healthcare sector in North America and Europe are some of the key factors responsible for the growth of medical polymers over the forecast period. However, fluctuating raw material prices are expected to affect the growth of the market. Increasing expenditure on healthcare along with the presence of well-equipped hospitals and healthcare centers are the factors expected to have a positive impact on industry growth. Increasing demand for surgical instruments and tools such as gloves, clamps, forceps, syringes, surgical trays, medical bags, and catheters is expected