The global Medical Polytetrafluoroethylene Market is expected to reach USD 504.24 million by 2026, according to a new report by Reports and Data. There has been an impressive growth of fluoropolymers in the medical industry. Fluoropolymers such as PTFE are replacing plastics, metals, and ceramics used in clinical applications. A clinical report name ‘Biomaterials for periodontal regeneration’ reveals that e-PTFE is being widely used as an alternative to membrane positions made up of calcium sulfate in periodontal operations.
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Further key findings from the report suggest
- The rise in the occurrence of periodontal diseases is expected to boost the medical PTFE market. Based on a report by the Centers for Disease Control and Prevention, 47.2 of adults aged 30 years and older in the U.S. have some form of periodontal disease. Moreover, the incidence of periodontal disease is higher in men than women (56.4 vs. 38.4 respectively).
- The European market is forecasted to grow at a CAGR of 3.4% in the coming years. According to WHO, about 20% of the middle-aged population and about 40% of the older aged population has severe periodontal disease in Europe. Even though there is a vast population of people suffering from dental problems, it is not acknowledged much in Europe. Additionally, based on a report, the incidence of abdominal aortic aneurysm (AAA) in England and Wales has been increasing. The incidence of an AAA was 7.6 percent in men and 4.2 percent for women in 2013.
- Saint Gobain, W.L.Gore & Associates Inc, Donaldson Company, Sumitomo Electric, Pall Corporation, Markel, Zeus Inc., Chukoh Chemical Industries Ltd. Donaldson Company is a crucial player in the Medical Polytetrafluoroethylene market. With a global presence in the U.S., Europe, and the Asia Pacific, the company offers a wide range of PTFE filter applications under Tetratex PTFE membrane. As of 2017, the company’s net earnings accounted for USD 232.8 million.
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For the purpose of this report, Reports and Data have segmented global Medical Polytetrafluoroethylene on the basis of material, vehicle type, application, and region:
Form Type (Revenue, USD Million; 2016-2026)
Application Type (Revenue, USD Million; 2016-2026)
To identify the key trends in the industry, click on the link below:
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