Plastics are highly successful in replacing metal in medical applications. They offer improved performance in tandem with lower systems cost.
The global medical plastics market will reach a value of $7.2 billion by 2020, with an average annual growth rate (AAGR) above 7% between 2015 and 2020, within the overall $330 billion global medical products and services market, according to the Plastics Institute of America (PIA) at UMASS Lowell.
The following benefits of plastics over metals are responsible for this shift:
- Weight reduction
- Parts consolidation
- Productivity/labor saving gains
- Broad material property balances
- Ease of thermoplastic reprocessing
- Longer product life, and
- Design freedom
Read on and explore the 5 Inspiring Metal Replacement Cases!