Global Polyethylene Implants Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 114.79 Billion |
Market Size (Forecast Year) |
USD 153.51 Billion |
CAGR |
|
Major Markets Players |
Global Polyethylene Implants Market, By Usage (Chin, Cheek, Jaw Line Reconstruction), Application (Antiseptic Solution, Anaesthetic, Small Incision, Tissue), End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, Others) – Industry Trends and Forecast to 2029.
Polyethylene Implants Market Analysis and Size
The market for polyethylene implants is expected to grow during forecast period. Reconstruction of the chin, cheeks, and jaw line uses polyethylene implants. To fit a particular 3-D space, the material might be carved or shaped. Additionally, it is frequently employed to fix hereditary flaws and to restore facial injuries after accidents.
Data Bridge Market Research analyses that the polyethylene implants market which was USD 114.79 billion in 2021, would rocket up to USD 153.51 billion by 2029, and is expected to undergo a CAGR of 3.70% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Polyethylene Implants Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Usage (Chin, Cheek, Jaw Line Reconstruction), Application (Antiseptic Solution, Anaesthetic, Small Incision, Tissue), End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
Dow (U.S.), DuPont (U.S.), BP p.l.c (U.K.), TotalEnergies (France), Hanwha Group (South Korea), Ducor Petrochemicals (Netherlands), Borealis AG (Austria), MOL GROUP (Hungary’s), Reliance Industries Limited (India), China Petrochemical Corporation (China), Formosa plastics corporation (Taiwan), Mitsui chemicals inc. (Japan), Exxon Mobil Corporation (U.S.), LyondellBasell Industries Holdings B.V. (Netherlands), Sumitomo chemical co. ltd (Japan), SABIC (Saudi Arabia), INEOS (U.K.), Sasol (South Africa), Chevron Phillips chemical company LLC (U.S.) |
Market Opportunities |
|
Market Definition
An implant made of polyethylene is a porous synthetic polymer that is non-biodegradable and physiologically inert. Since 1985, plastic surgeons have employed high density polyethylene (HDPE) solid implants for facial augmentation, either for reconstructive or cosmetic reasons. High density polyethylene's porosity enables vascular and soft tissue ingrowth, which aids in holding the implant in place.
Global Polyethylene Implants Market Dynamics
Drivers
- Growing Demand for Plastic Bags
Dressing disposal bags, made from high-density plastic, are red-coloured. The healthcare industry uses them to collect and dispose of wound dressings. This will boost the market growth.
Furthermore, the market experienced growth accruing to several factors such as upsurge in e-commerce sales, growing demand for plastic bags and sacks and growing demand for packaged food. Growing cultivation of cannabis and growing demand for plastic films is expected to act as a major key trend for the market.
- Technological Developments
According to a recent article in Asahi Shimbun, Ideonella sakaiensis, a bacteria first identified in 2005, has now been demonstrated to eat PET film with a thickness of 0.2 millimetres in around a month, according to a recent article in Asahi Shimbun.
The market for polyethylene implants is expected to grow at a faster rate due to the introduction of custom-made implants, rising geriatric population, technological advancements, rising demand for cosmetic treatments, improvement of congenital defects, and facial repair following accidents, among other factors.
On the other hand, the market for polyethylene implants is expected to rise during the forecast period due to the rising demand for facial modification treatments.
Opportunities
- Increase in the number of research and development activities
As of 2017, 58 percent of the market for bioplastics was consumed by the packaging industry. When it comes to production, North America has a 16 percent market share, followed by Europe with 18 percent. Although APAC has the largest capacity for bioplastics production, Europe is the main centre for innovation. Moreover, increase in the number of emerging markets and new product launches will further provide beneficial opportunities for the polyethylene implants market growth during the forecast period.
Restraints/Challenges
- Side-effects caused after implantations
Plastic can't be digested correctly, so pieces of it fester in the stomach. A whale that washed up on a beach had 20 square feet of plastic shopping bags covering its whole gut, according to an autopsy.
On the other hand, the discomfort and side-effects caused after implantations will obstruct the market's growth rate.
This polyethylene implants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the polyethylene implants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In July 2020, Dow Chemicals and Thong Guan will collaborate a new line of bio-based polyethylene products to meet the rapidly expanding demand for the material in the Asia Pacific area
- In July 2019, The ExxonMobil Corporation began manufacturing new high performance polyethylene products in its Texas facility. With this growth plan, the manufacturing volume was to be raised by 65%
- In May 2020, UPM Raflatac introduced its new line of Forest Film goods. These products are made from post-consumer recycled plastics and are utilised in product packaging. With this method, the corporation will have a competitive advantage while lowering its carbon footprint.
Global Polyethylene Implants Market Scope
The polyethylene implants market is segmented on the basis of usage, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Usage
- Chin
- Cheek
- Jaw Line Reconstruction
Application
- Antiseptic Solution
- Anaesthetic
- Small Incision
- Tissue
End-User
- Hospitals
- Ambulatory Surgical Centers
- Orthopedic Clinics
- Others
Polyethylene Implants Market Regional Analysis/Insights
The polyethylene implants market is analysed and market size insights and trends are provided by country, usage, application and end-user as referenced above.
The countries covered in the polyethylene implants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the polyethylene implants market due to the high prevalence rising incidences of facial deformities due to wide industrialization, rising awareness levels among people,
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness among the people and growing demand of advanced medical technology.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyethylene Implants Market Share Analysis
The polyethylene implants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to polyethylene implants market.
Some of the major players operating in the polyethylene implants market are:
- Dow (U.S.)
- DuPont (U.S.)
- BP p.l.c (U.K.)
- TotalEnergies (France)
- Hanwha Group (South Korea)
- Ducor Petrochemicals (Netherlands)
- Borealis AG (Austria)
- MOL GROUP (Hungary’s)
- Reliance Industries Limited (India)
- China Petrochemical Corporation (China)
- Formosa plastics corporation (Taiwan)
- Mitsui chemicals inc. (Japan)
- Exxon Mobil Corporation (U.S.)
- LyondellBasell Industries Holdings B.V. (Netherlands)
- Sumitomo chemical co. ltd (Japan)
- SABIC (Saudi Arabia)
- INEOS (U.K.)
- Sasol (South Africa)
- Chevron Phillips chemical company LLC (U.S.)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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