Indian Medical Device & Diagnostics Industry

The Indian Healthcare industry is in a steady growth trajectory and is expected to grow in the next five years at a CAGR of 10-12 percent. Valued at $35 billion in 2006, it is expected to reach $62-75 billion by 2012. The medical device market is worth an estimated €180 million worldwide. It is also growing at a rapid rate. The medical devices and equipments are used for diagnosis, therapy and patient monitoring. Market for medical supplies and disposables is dominated by the domestic manufacturers, whereas importers dominate the costly and high end medical equipments.

End-users are searching for the latest technologies at the most competitive prices without compromising on the safety of the product basic trends in Medical Devices industry.

The following are the issues affecting the growth of medical devices...

• Changing sterilization technologies

• Effects of AIDS and other infectious diseases

• Changing FDA regulations

• The trend toward “Defensive medicine” resulting from increased liability lawsuits

• Aging of Population

• New technologies with improved biocompatible properties

• The continued drive toward industry cost containment

Role of Plastics in Medical Industry

The increased use of disposable devices and supplies is also leading to more intensive use of plastics over glass, metal and other materials. Modern healthcare would be impossible without many plastics medical products that we take for granted: disposable syringes, intravenous infusion Sets , blood bags and heart valves, etc. Plastics contribute a great deal to a healthier life.

Plastics are also critical to the modern pharmaceutical producer, with drug dosage and delivery is becoming ever more dependent on innovative plastics design and manufacturing. The drive to market simple and effective drug delivery systems is forcing pharmaceutical companies to look for innovative designs and materials know-how from new external partners.

Recent trends in the field of Plastics used for medical applications.

• Medical devices are becoming lighter, more portable and more user-friendly, with more functionality.

• A steady stream of new and innovative medical devices has been made possible by advanced polymer research.

• Advanced medical polymers are now capable of biological processes and can become a functional part of living organisms.

• Despite their higher cost, engineered plastics will provide faster medical associated growth than commodity plastics.

• Advances will be based on needs for higher performing materials in surgical, diagnostic testing, drug delivery, geriatric care, self treatment and preventative medicine. Fastest growth is expected in research and diagnostic products (e.g., equipment housings) and surgical and medical instruments (e.g., syringes and scalpels).

• Emphasis on PVC alternatives.

• Thermoplastic polyester will remain the dominant engineered resin with polycarbonate and thermoplastic elastomers exhibiting the best growth due to heightened needs for clarity, impact resistance, and tactile and other properties.

• Accelerated growth is also expected for niche thermoplastics such as polyetheretherketone and polysulfone in surgical and medical instruments, as well as in x-ray and electro medical equipment.

• Growth in demand for medical plastics in product components will outpace packaging applications.

The 7th Two Day Conference: “Indian Medical Devices & Plastics Disposables Industry 2010”

Session Themes

• Polymeric Materials including specialty plastics as well as additives / Silicones/ Adhesives Technology

• Manufacturing issues including assembling, welding, cleaning

• Research & Developments

• Global Trends & Export Marketing

• Polymer Processing including Injection Molding/Extrusion, Compounding

• Regulatory Aspects

• Assembling/Bonding/Adhesives

• Packaging & Sterilization

• Packaging Material Quality Control & Quality Certification

This conference is THE place to gain the latest insight into what the medical device market needs and to source information on the newest materials, innovative applications, regulatory developments and design ideas. A brief market overview of medical devices & Equipment industry will be analyzed including global Indian market scenario and major markets. This conference will provide delegates with the chance to hear inspirational and informative insight from some of the industry’s leading experts. The conference will ask what medical device companies are looking for in device development, identify the challenges facing designers of medical devices, explain the process of compatibility testing and materials selection and will discuss how designers and manufacturers can work together to bring new products to market on time and on budget. Case studies will provide real-life experiences from those in the know and will help you to effectively operate within the plastic medical devices industry.

Following on the success of previous Conferences organized by us, we are happy to announce the next two days Conference: “Indian Medical Devices & Plastics Disposables Industry 2010” on Feb 19 – 20, 2010 at Ahmedabad.

The conference will take into account a number of issues of importance to Medical Device Industry covering Medical Plastics & other Disposables, Implantables, Non-wovens and Plastics & other medical textiles, Electro- Medical Equipments, Medical Electronics Equipments, Imaging, Diagnostics & Laboratory Products, and Rehabilitation Equipments etc.

Number of speakers from USA, China, Germany and various parts of India have already confirmed for their presentations.

Conference is supported by major leading industry associations as well as Government Regulatory, Export Promotion and Research Organizations.