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Home  >  News  >  Medical plastics market expansion
Medical plastics market expansion
19/01/2015

According to a report by the US-known international consulting firm FROST & SULLIVAN published recently revealed: US medical plastics market next year will reach $ 5.6 billion, an annual growth rate of 3.1%, the annual consumption of medical plastics will reach 4.3 billion pounds (equivalent to approximately 1.95 million ton). The report concluded that the future of the fastest growing medical plastic products will be disposable medical products for small and home medical equipment. This is because the United States has accounted for more than 10% of the elderly population, and growing, the majority of the elderly in the United States demand for a variety of medical products is one of the drivers of medical plastics market.

PVC is still currently ranked first in the United States for medical plastic raw materials, it is because PVC has a low price, good thermal stability (high temperature sterilization and radiation sterilization and disinfection processes) and good processing performance, etc., so far, a number of medical products are still the preferred choice of PVC plastic materials. Secondly, polypropylene (PP) because of the transparency of products is high, and the temperature of the human body relatively safe, cheap, etc., has become the second largest after the PVC medical plastic materials (such as for the production of the daily amount of hospital great time infusion and transfusion bags bags consumable medical materials and other products). The polystyrene foam due to a strong and compressive strength, as a medical device packaging and packing materials ranked third in medical plastic raw materials. PVC will account for 40 percent of the US market for medical plastic raw materials, PP will account for 30%, while polystyrene will account for 12%, other plastic raw materials account for the remaining share of around 18%. In other words, expect the bulk of these three kinds of medical plastic in 2015 will account for 83 percent share of the US medical plastics market.