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NEW YORK , July 19, 2022 /PRNewswire/ -- According to the latest market research report published by P&S Intelligence, the global medical polyether ether ketone market accounted for $582.4 million worth in 2021, which is predicted to touch $1,146.6 million by 2030, growing at a CAGR of 7.8% from 2021 to 2030. In terms of the FDA's clearance to medical-grade plastics for in-vitro and in-vivo purposes, as well as the advantages they provide, the market for these materials has made tremendous progress in recent years.
In many medical applications, including dental implants, cardiovascular devices, and trauma fixation, this plastic is preferred. Thus, the market expansion throughout the forecast period will be driven by the rising elderly population in the North American, European, and Asian nations as well as the increasing prevalence of sports injuries.
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Prime Market Revenue Contributor in Market Is North America
Products with Fastest Revenue Growth Are Heart Valves and Stent Implants
Browse detailed report on Global Medical Polyether Ether Ketone Market Analysis, Development and Demand Forecast to 2030
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