The plastics industry will benefit from the global market for disposable medical supplies
The plastics industry will benefit from the global market for disposable medical supplies
Global demand for disposable medical supplies will grow by 6.6 per cent a year to $245bn in 2018, according to a study published by the us fridonia group. By then, plastic resin will account for about 73 percent of the raw materials needed for disposable medical supplies. To prevent hospital infection in the future, the increase of global inpatient and outpatient and direct-to-consumer medical supplies of rising global sales will spur development in the field of disposable medical consumables.
Analysts at the fridonia group say products to treat and control chronic diseases will achieve the fastest growth in sales. Drug delivery devices, particularly the safety products that prevent Needle puncture, such as the needle-trap device developed by SchreinerMedipharm, will account for a large proportion of sales growth. In the meantime, the report notes that innovative pre-filled inhalers and skin patches can help patients control chronic diseases and are popular in the global medical market.
According to the survey, disposable medical supplies top ten markets are the United States, China, Japan, Russia, Germany, France, Brazil, India, Italy and the UK, to 2018, accounts for two-thirds of global aggregate demand. Including the United States, Western Europe and Japan, mature market growth is slowing, but emerging economies will further improve the modern medical infrastructure, implement regular infection prevention protocol, promote the development of disposable medical supplies market. Analysts bill martneau predicted that average annual growth in these markets was different, with Japan at the lowest, 3.6 per cent, and China at 15 per cent.
According to the report, disposable medical supplies in global demand, production materials accounted for the largest is the plastic (typical materials including PVC, PP, PE, thermoplastic elastomer and PC), rose at a 5.4% annual growth rate, to $14.3 billion in 2018. North America will continue to take the lion's share, with a market capitalisation of $5.3bn, but the asia-pacific region will continue to grow fastest. By 2023, the market for disposable medical supplies in the asia-pacific region will be worth $5.7 billion, more than Western Europe and, after North America, the world's second-largest market, according to the friedenia group.
In order to ensure the biosafety of medical plastic, the medical plastics that are usually shipped in the market are certified and tested by medical authorities. Medical plastics in the United States are usually tested by FDA and USPVI
