The Indian medical plastics market is projected to reach USD 38.20 billion by 2030, growing at a CAGR of 17.4% from 2025 to 2030, driven by increased healthcare spending and rising demand for medical devices. Rigid plastics dominate the market, holding over 70.9% of revenue in 2024, while soft plastics are expected to grow at the highest rate due to demand for various medical applications. However, challenges such as waste management and environmental concerns may hinder market growth.
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