Pmma Healthcare Market Size to Surpass $235mn by 2024: Global Market Insights, Inc.

(Polymethyl Methacrylate) PMMA Healthcare Market size is expected to reach USD 235.9 million by 2024; according to a new research report by Global Market Insights, Inc.

Medical polymers have steadily gained penetration in healthcare applications over the past few years owing to shift in trend towards replacing metals. Technology innovation and change in perception towards adoption of high performance polymers has helped to drive PMMA market size growth in healthcare space.

Increasing medical expenditure in BRICS nations should favor polymethyl methacrylate market size growth. It possesses optical clarity & excellent transparency, surface hardness and UV resistance and chemical resistance. PMMA's biocompatibility, reliability, ease of manipulation makes it a preferred choice for dental applications such as cavity fillings.

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U.S. PMMA market size dominates the global healthcare application space and may generate over USD 80 million by 2024. Stringent FDA norms to minimize the use of conventional polymers/plastics such as polycarbonate & PVC owing to hazardous contents (phthalates) which can be transferred to human may drive PMMA market share in healthcare applications.

Medical ware applications accounted for a major chunk in the global PMMA healthcare market in 2015 and may register over 16 kilo tons by 2024. Medical ware products include dentures, incubators, bone cements, intraocular lens. Its increasing use as bone cement due increasing prevalence of osteoporotic fractures may drive PMMA market size growth in medical ware applications.

Key raw materials for MMA production include methanol, ammonia and acetone. Supply bottleneck for this particular monomer owing to political unrest in Gulf region may hamper PMMA market price trend in healthcare applications. Development of biobased PMMA may reduce reliance on product derived from...