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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
Protecting a medical equipment requires preserving package integrity. Proper packaging is often essential for medical products to minimise physical injury, contaminants, and other disruptions.
Chronic conditions such as arthritis, liver inflammation, cancer, renal diseases, diabetes, chronic pain, sciatica, and other nerve disorders are all on the rise, which drives up demand for medical gadgets.
Another reason for packing is to ensure that the equipment is properly identified through labelling. Furthermore, medical equipment manufacturing is a key aspect in ensuring that a product is placed on the market safely and securely during its life span.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Covestro invested to build a new construction line for medical devices | Thailand has built a new polycarbonate film production line. The company's position in APAC is likely to improve as a result of this investment. | Global | This would enhance better Technological Controls |
| 2 | BASF invested in new engineered plastic production | The development of a verbund site in Zhanjiang, Guangdong, cost USD 10 billion. To meet the growing demand for engineered plastics and thermoplastic polyurethane (TPU), the factories will be built. | Global | This would enhance better Technological Controls |
| 3 | New materials hard to come by for medical device makers | Nonetheless, firms like Carbon and research laboratories like North-western University's striven to evolve novel materials for medical producers, notably 3D-printable polymeric compounds. | Global | This would enhance better Technological Controls |
| 4 | AGC Chemicals to Launch Medical Device Cleaning Solvents at MD&M East | It has brought in new cleaning solvents and agents into the global market focusing on medical devices | Global | This would enhance better Technological Controls |
| 5 | Covestro Debuts New Materials for Medical Device Housings & Hardware | It has launched a specific portfolio consisting on new hard engineered housing for medical devices | Global | This would enhance better Technological Controls |
Associated with technological applications in the biomedical equipment market, the emergence of a number of advanced medical products that require specialised packing materials, and steadily increasing advent of new packaging products as a result of increased manufacturing
and sale of implantable implants, medications, and prescription medications around the world are all driving overall growth.
Furthermore, increased expenditure on pharmaceutical system as a result of increased health awareness propels the medical equipment manufacturing industry forward.
BASF is a prominent developer of the latest integrated technologies focusing on better smarter sensing and imaging technology focused on spectrum of medical systems for the future.
The Elastollan, a thermoplastic polyurethane elastomer (TPU) developed by BASF, satisfies the demanding criteria of medical goods. Elastollan-based pharmaceutical treatments provide medication satisfaction during surgeries and post-operative treatment.
It used within the Infusion systems and Stool Drainage Systems.
Covestro provide pixel-level technical breakthroughs that allow diagnostic imaging technology makers, investigators, and clinicians to capture higher detailed images.
The Covestro polycarbonates are used in some of today's most important medical equipment and are a key component in the development of these next, existence technologies.
Polycarbonates from Covestro are used in applications that need rigidity, flame retardancy, and toughness, and they reflect the inventiveness, reliability, and cytocompatibility that biomedical device makers all around the globe have grown to expect.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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