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Article: North American medical device industry is set to consume 2.9 billion pounds in weight of plastics. (Markets).
- Article from:
- Biomedical Materials
- Article date:
- August 1, 2003
CopyrightCOPYRIGHT 2003 International Newsletters. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In general, the healthcare industry can only grow, given the inexorable demographic trends. This means huge consumption of materials by the medical device manufacturers.
In North America, the medical device industry consumed just over 2.2 billion pounds (about 1 billion kg) of medical plastics by the end of 2002. This amount is likely to increase at an average annual growth rate of about 4.3% to a level of almost 2.9 billion pounds (about 1.32 kg) by 2008, according to a recently published report from US market research firm Business Communications Co Inc.
The report, RP-121U Plastics for Medical Devices (published: July 2003; price: US$3 850), ...