As people live longer and live more actively, the demands on medical equipment have increased, too. Increasingly, innovative medical applications place further importance on the success of the materials they use. When patients’ health, mobility and comfort are involved, reliability and durability are crucial.
In the health care sector, wearable medical devices increasingly are called upon to perform a variety of important tasks, such as monitoring vital signs or delivering drugs. The tasks they perform are highly diverse, as are the demands imposed on the materials used to make them. Their popularity continues to grow as does the need for materials that satisfy the unique requirements of these devices.
The obvious aging of the U.S. population, continuing cost-reduction pressures in the healthcare field, advances in polymer performance, introduction of new and often life-saving devices and the ever-present environmental/disposable/Non disposable medical devices.
The medical plastics global market has advanced, with the global market value projected to hit $25.6 billion in 2023 to reach $41.2 billion by 2028, at a compound annual growth rate (CAGR) of 10.0% from 2023 through 2028. The increasing use of these medical plastics continues transforming the health market, with plastic medical products replacing medical instruments originally fabricated with ceramics, steel, or glass where applicable. This is because they are more cost-effective, durable, lightweight, and compatible with various manufacturing processes.