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Article: Gain access to the recession-proof medical market: moldmakers who want to diversity into medical--or maintain their competitive edge--need up-to-date, high-tech engineering and fabrication capabilities in order to meet the toolmaking industry's most stringent quality standards.(End Market Report: Medical Industry Technology Review)
- Article from:
- MoldMaking Technology
- Article date:
- January 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Gardner Publications, Inc. 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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Moldmakers will find growing opportunities in the medical market as product demand, especially in disposables, maintains solid growth for the foreseeable future.
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Factors affecting this include demographic trends that point toward an older population and increasing numbers of the elderly, along with the social and economic benefits of healthier lifestyles and the devices that go along with that, more home healthcare treatments and growing numbers of chronic-care patients who will be treated in hospitals and rehabilitation centers.
According to figures from The Freedonia Group Inc. (Cleveland, OH), the value of the U.S. ...