Featured Research

from universities, journals, and other organizations

Medical Plastics Industry On The Rebound

Date:
November 7, 2007
Source:
American Chemical Society
Summary:
In the wake of Dow Corning's bankrupting experience with silicone gel breast implants, the medical plastics industry is now undergoing a renaissance. Medical plastics are a $1 billion a year market and demand is growing at 10 to 20 percent a year. Driving this growth are the demands of an aging population for implantable medical devices, such as artificial hips and knees, according to a new article.

In the wake of Dow Corning's bankrupting experience with silicone gel breast implants, the medical plastics industry is now undergoing a renaissance. Medical plastics are a $1 billion a year market and demand is growing at 10 to 20 percent a year.

Driving this growth are the demands of an aging population for implantable medical devices, such as artificial hips and knees, according to an article published in Chemical & Engineering News.

The demand continues to rise for devices incorporating plastics such as artery-opening stents, heart pacemakers, and other products that improve quality of life for an aging population. To meet this growing need, medical device makers are creating new types of implants with novel properties, writes C&EN senior correspondent Marc S. Reisch. New legal protections for plastic material makers that weren't available a decade ago also fuel the industry's growth, he notes.

In the article, Reisch interviews both new and established companies about the current state of the medical plastics industry. He finds that some larger companies are still reluctant to enter the medical device market because of its potential legal risks, while some smaller companies are aggressively forging ahead to tap into its promises.

Others see great opportunities in providing the raw materials for making the devices without becoming directly involved in their manufacture. Nevertheless, the medical plastics industry appears to be on a big rebound.

The article "Medical polymers renaissance" was published November 5, 2007 in C&EN.


Story Source:

The above story is based on materials provided by American Chemical Society. Note: Materials may be edited for content and length.


Cite This Page:

American Chemical Society. "Medical Plastics Industry On The Rebound." ScienceDaily. ScienceDaily, 7 November 2007. <www.sciencedaily.com/releases/2007/11/071105094724.htm>.
American Chemical Society. (2007, November 7). Medical Plastics Industry On The Rebound. ScienceDaily. Retrieved April 20, 2014 from www.sciencedaily.com/releases/2007/11/071105094724.htm
American Chemical Society. "Medical Plastics Industry On The Rebound." ScienceDaily. www.sciencedaily.com/releases/2007/11/071105094724.htm (accessed April 20, 2014).

Share This



More Matter & Energy News

Sunday, April 20, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Why Did Nike Fire Most Of Its Nike FuelBand Team?

Why Did Nike Fire Most Of Its Nike FuelBand Team?

Newsy (Apr. 19, 2014) Nike fired most of its Digital Sport hardware team, the group behind Nike's FuelBand device. Could Apple or an overcrowded market be behind layoffs? Video provided by Newsy
Powered by NewsLook.com
Small Reactors Could Be Future of Nuclear Energy

Small Reactors Could Be Future of Nuclear Energy

AP (Apr. 17, 2014) After the Fukushima nuclear disaster, the industry fell under intense scrutiny. Now, small underground nuclear power plants are being considered as the possible future of the nuclear energy. (April 17) Video provided by AP
Powered by NewsLook.com
Horseless Carriage Introduced at NY Auto Show

Horseless Carriage Introduced at NY Auto Show

AP (Apr. 17, 2014) An electric car that proponents hope will replace horse-drawn carriages in New York City has also been revealed at the auto show. (Apr. 17) Video provided by AP
Powered by NewsLook.com
Honda's New ASIMO Robot, More Human-Like Than Ever

Honda's New ASIMO Robot, More Human-Like Than Ever

AFP (Apr. 17, 2014) It walks and runs, even up and down stairs. It can open a bottle and serve a drink, and politely tries to shake hands with a stranger. Meet the latest ASIMO, Honda's humanoid robot. Duration: 00:54 Video provided by AFP
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:
from the past week

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins