Freedonia In The News
Article Title: Projected growth in global medical disposables market benefits plastics suppliers
Publication: Plastics Today, 10/2/2014
Freedonia Study: World Medical Disposables (3205)
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Ongoing efforts to prevent hospital-acquired infections, a global increase in inpatient and outpatient procedures, and rising worldwide sales of direct-to-consumer medical products will fuel growth in the medical disposables sector, according to a study from the Freedonia Group (Cleveland, OH). Global demand for medical disposable products is forecast to rise 6.6% annually to reach $245 billion by 2018. Plastic resins will represent nearly 73% of raw materials used in the fabrication of medical disposables at that time.
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