The Future of the Medical Plastics Market: Opportunities for Growth

Plastics have occupied an important place in the modern medical industry. It has substituted traditional devices and products made of metal, other materials, and ceramics. Over recent years, increased reliance on transparent plastic pharmaceutical and medical products has produced remarkable breakthroughs that improve medical attention delivery and allow it to be more comfortable for the masses to live better and longer lives. The purpose of this handbook is to provide a strategic perspective on the market to identify opportunities for growth and promising niches in the medical plastics market. It also helps in analyzing emerging trends in medical plastics to facilitate new product development. The medical plastics market is a new field with a broad scope and unending opportunities for manufacturers and suppliers and medical practitioners from healthcare. With a combination of the right material and technology, it has a lot to offer to the patients with affordable pricing. By keeping the worth of the medical plastics market in mind, we have set some objectives. This book identifies growth factors in the medical plastics market and analyzes critical factors of success to compete. The author presents background on the medical plastics market by its usage, products, processes, and innovation. He also reviews existing studies on the medical plastics market for topics like market size, market growth, segment growth, and geographic markets.

Professor Vincent Sabourin is a full-time professor of Business Strategy and Innovation Management at the School of Management (ESG) of the University of Quebec in Montreal (UQAM). He teaches at various levels of executive MBA, including the MBA for Science and Engineering. He has served as the project director in ’Promising Plastics and Advanced Materials Opportunities’ for a Canadian Federation of Plastic Producers. He has been a keynote speaker for several conferences on advanced Plastics, Smart technologies, and the Internet of Things. Dr. Sabourin is the chairman of the Consortium Innovation, a non-profit organization and a collaborative network in Innovation and Management. As a strategy expert, he advises businesses and the government. He was one of twenty-five Canadian experts in the business strategy selected for a doctoral dissertation at HEC Montréal. He has published several books, book chapters, academic articles, and proceedings in management innovation and new technologies. Professor Sabourin is also honored with Diploma in Industrial Psychology from the University of McGill, a master’s degree in administration from HEC Montreal, and a doctorate (Ph.D.) in Planning and Strategic Management University McGill, under the supervision of Henry Mintzberg.