Driven by innovation and technology, the medical device industry is one of the leading life science sector globally. Since the development of plastics in the 1930s, medical devices have advanced exponentially as the availability of new and pioneering materials, such as polymers, enabled wider access to good quality sterile products at lower prices. This unprecedented growth, especially in the last decade, allowed the industry to overcome downturns and provides stable foundations for future growth.
Nowadays, medical devices make an essential contribution to healthcare, providing huge benefits and improving the quality of life for many. From dentures to x-ray scanners or hip joints to the humble sticking plaster, this industry has become fundamental to diagnosing, monitoring, preventing and treating illness.