A new market research report by Transparency Market Research on the global photopolymerization market in medical applications offers an overview of the current scenario of the market and points out the various factors impacting the growth of the market. The report, titled “Photopolymerization in Medical Applications Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,” projects the growth and valuation of the market during the period between 2015 and 2023. The report studies the growth of the global photopolymerization in medical applications market across some of the key geographical segments. The competitive landscape of the market has been also discussed in the report.

Photopolymerization refers to the conversion of liquid resin into insoluble polymer material through irradiation with a light source. The radiated light is usually in the ultraviolet or visible region of the electromagnetic spectrum and interacts with light-sensitive compounds known as photoinitiators to create free radicals. These free radicals further initiate polymerization of monomers, oligomers, and other components to form rigid polymers. Photopolymerization technology finds application in the manufacture of domestic appliances, electronic gadgets, automotive products, and food and beverage containers. The technology has become widely popular for the manufacturing of medical devices, as the UV curing process prevents degradation of the lubricious coatings on balloon catheters and guide wires.

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On the basis of application across the medical sector, the report segments the global photopolymerization market in medical applications into 3D imaging, dentistry, medical devices, and drug delivery. UV curing technology is used for a number of medical devices such as endoscopes, catheters, syringes, cannulae, insulin pens, angioplasty accessories, endotracheal tubings, blood oxygenators, and others. Irgacure is one of the most commonly used photoinitiators for medical applications.

The process of UV curing can be performed with the help of flood curing and spot curing technology. While flood curing systems deliver light to a larger area, spot-curing systems deliver high amounts of focused energy into relatively small areas. Spot-curing is the most widely used bonding technology in medical product applications.

The report studies the photopolymerization market in medical applications across four key regions: Europe, North America, Asia Pacific, and Rest of the World. North America and Europe are the major markets for photopolymerization in medical applications. However, during the forecast period, growing demand from the emerging economies in Asia Pacific is expected to significantly contribute towards the growth of the market.

The report profiles some of the key players in the global photopolymerization market in medical applications such as Ciba Specialty Chemicals Inc., BASF Corporation, DSM Biomedical, Heraeus Noblelight Fusion UV Inc., Nordson Corporation, Lumen Dynamics Group Inc., and Henkel Corporation. A number of companies are focusing on ultraviolet cured photopolymers to achieve environmental compliance as well as improve customer satisfaction.

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