Medical Polytetrafluoroethylene Market: Recent Developments, Emerging Trends and Business Outlook to 2028
Rising adoption of PTFE in implantable prosthetic heart valve rings is expected to stimulate the market demand.
Medical Polytetrafluoroethylene Market Size – USD 406.4 Million in 2020, Growth - CAGR of 3.84%, Trends –The use of PTFE in guided tissue regeneration process is a major factor for the growth in PTFE membrane market.
The global Medical Polytetrafluoroethylene Market is expected to reach USD 546.8 Million by 2028, 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.
PTFE has witnessed an increased adoption in the medical industry mainly in the dental sector. In dental implants, the PTFE membrane acts as an obstruction and prevents the gums from growing inside the bone cavity. Dense PTFE membranes are used for preparing dental implants in post-extraction bone regeneration. According to the American Society for Prosthodontics, approximately 52 % of the U.S. adults suffer from some form of periodontal disorders, and around 190 million adults by 2025 in the U.S. will be facing a partial tooth loss problem. Increasing incidence of dental injuries is likely to increase the application of PTFE membrane barriers by dental surgeons.
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Top Companies: Saint Gobain, W.L.Gore Associates Inc, Donaldson Company, Sumitomo Electric, Pall Corporation, Markel, Zeus Inc., Chukoh Chemical Industries Ltd. Donaldson Company.
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