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Cyclic Olefin Polymer Market Trends

Report ID: GMI7695
Published Date: Dec 2023
Report Format: PDF

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Cyclic Olefin Polymer Market Trends

The market for cyclic olefin polymer (COP) is witnessing a significant upsurge due to its extensive usage in the packaging and medical fields. COP is the perfect material for medical equipment, pharmaceutical packaging, and diagnostics because of its great optical clarity, strong chemical resistance, and low extractables. The increased uses of COP can be attributed to the growing need for sophisticated drug delivery systems as well as the growing emphasis on biologics. The material's eco-friendliness and recyclability also support the industry's sustainability objectives, which is driving its market expansion.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for cystatin C assay was USD 269.6 million in 2023 and is expected to reach USD 522.6 billion by 2032 due to the increasing prevalence of chronic kidney diseases and in the surging need for early diagnosis, monitoring, and kidney stone management worldwide.

Cystatin C assay industry size from the kits products segment recorded USD 116.8 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 owing to their prominent role in providing laboratories and healthcare facilities with convenient and ready-to-use solutions.

U.S. industry size for cystatin C assay recorded USD 102.4 million in 2023 due to the advanced healthcare infrastructure, widespread access to cutting-edge diagnostic technologies, and the increasing prevalence of chronic kidney diseases in the region.

Siemens Healthineers AG, Abbott Laboratories, Beckman Coulter (Danaher Corporation), Thermo Fisher Scientific Inc, bioM