Market Snapshot: Medical Disposables

Injection molded plastics couldn’t be more suited to the medical disposables market. They bring not only cost efficiency and ease of processing in large volumes, but also a host of performance benefits ranging from biocompatibility and clarity to chemical resistance and sterilizability. For this and other reasons, the outlook on IM plastics in this market remains sunny. According to Fredonia Group (Cleveland, OH), the value of plastic resins consumed in disposable medical supplies should rise 4.1% yearly, reaching $2.6 billion in 2011. If actual growth meets the prediction, it will mean consumption of about 1.4 billion pounds of resin.

Association of Indian Medical Device Industry

Standards Update