Project Reports & Profiles » Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals

Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals

Plastics remain at the forefront of medical innovations. The Indian market is expanding in all directions as a result of better affordability, greater health consciousness and expanding medical service institutions. With a population of 1.15 billion, India will need to at least 2 million beds in the next 10 years in order to attain a modest target of 2 per 1000 of population. With a total healthcare value of USD 400 billion, the potential for medicare equipment is, indeed large.

According to McKinsey & Co. a leading industrial and management consulting organization, the Indian healthcare sector, including pharmaceutical, diagnostics and hospital services, is expected to more than double its revenues to Rs 2000 billion by 2010. Expenditure on healthcare services, including diagnostics, hospital occupancy and outpatient consulting, the largest component of this spend is expected to grow more than 125% to Rs 1560 billion by 2012 from Rs 690 billion now.

The Health Ministry of the Government of India was planning to have a separate wing to license medical devices under the proposed National Drug Authority. The Indian domestic medicare devices industry is expected to grow from Rs 60 billion to Rs 76.5 billion in four years. The overall market is estimated at Rs 150 billion. A major part of the demand is met through imports. Devices, such as catheters and stents represent nearly two-fifth of the entire range of diagnostic devices and most critical as per international classification.

Apart from the electronic instruments and major equipment, substantial progress has been registered in the area of a number of medical accessories and consumables. These include disposables - syringes, blood bags, cannulae, IV fluid sets, gloves. In most of these items, while the demand is increasing fast, India is becoming increasingly self-sufficient. Fairly large quantities are also exported.

The market for non-premium equipments, appliances and disposables is, however, dominated by the domestic manufacturers, while foreign suppliers and Indian companies with foreign alliances dominate the high-end hi-tech medical equipment and appliances. Among the leading providers of advanced products are Siemens, GE, Philips Medical Systems, Toshiba, Hitachi and Boston Scientific.

Major players like Siemens, GE, Larsen & Tourbo, Philips Medical Systems, to name only a few, are today making a substantial contribution in the area. Besides the big names, a large number of producers in India belong to the SME (small and medium enterprise) sector. The contribution of the latter is estimated at about two-fifths of the total demand.

There is a large untapped potential in this sector. The fragmentation of production facilities forestalls any worthwhile effort at R&D. This leads to industry's dependence on imported technology. Nonetheless, it is crystal clear that with the fast commercialization process of the sector and upgradation of medical facilities, the potential is sky high.

How to Prepare Medical Plastic Manufacturing Project Report?

A project report should tell you whether the project is feasible or not. A medical plastic manufacturing project report should cover key aspects of the business. These need to include market analysis, costs of equipment and raw materials, and projected financial implications.

The Scope of a Report should include:

1. An assessment of market potential. Find out how other medical plastic manufacturing businesses have fared so far. How well is the industry likely to perform in the future?

2. Collaborations. Who are the main industry layers? Who will be your suppliers for equipment and raw materials?

3. Investment plan. How much capital do you need for the project? How will you raise the needed funds? What is the profitability of the project? After how long do you expect to start making profits?

4. Corporate diversification. What else can the project do, besides its main product, to maximize profits?

If you follow these guidelines, you will make a good report that provides a blueprint for your medical plastic manufacturing business. You should be able to formulate elaborate manufacturing techniques and project the financial implications of the plant.

How to make Plastic Product Business Plan?

Plastics are a major material for household, industrial, and medical equipment. Plastic products are preferred for their low cost. Drawing a business plan provides you a clear roadmap for setting up and sustaining plastic production.

When you are writing a plastic product business plan, you need to consider the following aspects.

1. Overview of the Plastics Manufacturing Industry

The plastic market is luckily one of the over-growing businesses due to its wide application. There are, similarly, many plastic manufacturing industries. However, you need to evaluate the existing factories’ production capacity against plastic demand in your target market.

2. Marketing Strategy

There are already big players in the plastic product business. You need an excellent strategy to penetrate the market. An example would be producing different plastic products such as plastic bottles, mugs, water storage tanks, packaging materials, PVC pipes, etc. Look for those plastic products that are on-demand, but existing players do not produce them.

3. Pricing

Plastic products are generally cheaper for other materials. Your production cost must be low enough to enable you to offer competitive prices. You may consider a recycling option to maintain a low product price. Given the popularity of plastic products, I do not think you can ever run short of waste plastics for recycling.

Types of Disposable Medical Devices reused in Hospitals

The cost of medical equipment is high. The increase their affordability, many disposable medical products are made from plastics. Although disposable medical equipment is for single-use, they are often recycled or reused to financial constraints. I have listed below types of disposable medical items. These items comprise a list of disposable items used in hospitals that medics often reuse.

1. Cardiovascular devices

These are mainly critical surgical disposable products. They include catheters, guide-wires, angioscopes, and arterial and venous cannulas.

2. Respiratory devices

These include anesthesia-breathing circuits, combi tube intubation tubes, and bronchoscopes.

3. Orthopedic devices

Include components of an orthopedic external fixator.

4. Other devices

Other disposable medical devices reused in hospitals are sphincter tomes, assorted laparoscopy instruments, biopsy forceps, argon plasma coagulation probes, phacoemulsification needles, and hemodialysis membranes.

The surgical disposable products manufacturer may label the items in the medical disposable products list above as single-use. Other disposable medical supplies have the label ‘re-usable’ placed by the manufacturer. The Food and Drugs Association, however, leaves it open for hospitals to decide on whether or not to reuse medical disposables. The individual hospitals are, however, held responsible for the safety and effectiveness of the products.

How to prepare Surgical Equipment Business Plan?

A business plan manufacturing and operations plan lets you know if the investment is worth your money. If you want to make a production plan in a business plan, you might find the outline below worthwhile.

1. Executive Summary

Here, you simply state your business name and state your business focus.
You also have to state your product

2. Technology

Explain the technique you are to use for manufacturing the surgical equipment
Explain the patent status for this technique
You also explain the scientific principle underlying this technique
Finally state the effectiveness of the techniques about the operation of the equipment

3. Market

You should ask and answer questions such as; what is the target markets? What is the size of my target market? What is the economic status of the target group or users? Can they afford the cost of the product?

4. Product

Give a detailed description of the product/equipment. What are its components?
Explain the competitive advantage over similar equipment in the market

5. Competition

Your product business plan should state your competitors and their notable weaknesses.

6. Marketing strategy

A manufacturing business plan should have a solid product-marketing plan.
Explore the distribution network as well as regulatory issues

7. Management team

Who are the managers?
What are their qualification and experience?

8. Financial issues

A detailed account of financial implications

9. Operational plan

Outlines the milestones for implementation
Follow a checklist

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This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product

This report provides vital information on the product like its characteristics and segmentation

This report helps you market and place the product correctly by identifying the target customer group of the product

This report helps you understand the viability of the project by disclosing details like machinery required, project costs and snapshot of other project financials

The report provides a glimpse of government regulations applicable on the industry

The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decisions.

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Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.

The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players

We use reliable sources of information and databases. And information from such sources is processed by us and included in the report

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

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Disposable Plastic Syringes
A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel) allowing the syringe to take in and expel a liquid or a gas through an orifice at open end of the tube. The open end of the syringe may be fitted with a hypodermic needle (a hollow needle commonly used with a syringe to inject substances into the body or extract fluids from it), a nozzle or tubing to help direct the flow into and out of the barrel. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. Disposable syringes commonly are used in modern medicine for the injection of drugs and vaccines or for the extraction of blood. Among the common uses of disposable syringes are the injecting of insulin by a diabetic person and the administering of a local anesthesia by a dentist. A medical syringe that is used to give shots to more than one person without being properly sterilized is a potential source of disease. This can be an especially pressing concern in poor or undeveloped areas, where an injection often cannot be given under ideal medical conditions. The syringe market is expected to witness a robust growth owing to several factors, such as the rise in the demand for pre-filled syringes, growing prevalence of chronic diseases, such as diabetes, infectious diseases and cardiovascular diseases and the increase in the usage of Botox for therapeutic applications. Moreover, the increased adoption of inject table drugs, technological advancements in syringes, the increase in the geriatric population, growing number of vaccination and immunization programs are expected to drive the volume growth over the next few years. According to WHO estimates, around 16 billion injections are administered globally on an annual basis. On the other hand, the rise in the incidence of needle-stick injuries, a high cost associated with safety syringes, and disposable syringes are likely to hinder the growth of the syringe market globally. The Disposable Syringes market was valued at USD 7.10 billion in 2019 and is predicted to grow at a CAGR of 6.1% during the forecast period and is anticipated to reach USD 12.91 Billion by 2027. The growth of the market is attributed to growing prevalence of chronic diseases, especially diabetes, an increase in the usage of Botox, increased adoption of inject table drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs. Based on the WHO estimates, 16 billion injections are administered each year globally. A Disposable Syringes is a medical tool used to administer injections of intravenous drugs into the patient’s blood stream or to draw blood sample. The rise in the population of geriatric patient, rising rate of diabetes across the world is another healthcare crises that drives the market growth. In addition, the convenience and practical approach in equipment handling is anticipated to boost the market during the forecast period. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Baxter Pharmaceuticals India Pvt. Ltd. Disposable Medi-Aids Ltd. Hindustan Syringes & Medical Devices Ltd. Novo Nordisk India Ltd. Schott Kaisha Pvt. Ltd. S O L Pharmaceuticals Ltd.
Plant capacity: Disposable Plastic Syringes 2 ml Size: 700 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 3 ml Size: 700 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 5 ml Size: 600 Boxes / Day (Each Box = 100 Pcs)	Plant & machinery: Rs 420 lakhs
Working capital: -	T.C.I: Cost of Project : Rs 981 lakhs
Return: 22.00%	Break even: 53.00%
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IV Fluids (BFS Technology)
Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. Intravenous (IV) solutions are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration. There are various type of IV solutions available for use in the market. Many companies manufacture packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Abaris Healthcare Pvt. Ltd. Axa Parenterals Ltd. Infutec Healthcare Ltd. Parenteral Surgicals Ltd Pharmazell (India) Pvt. Ltd. Shree Krishna Keshav Laboratories Ltd. Punjab Formulations Ltd.
Plant capacity: IV Fluids (500 ml Size Bottle) :100,000 Bottles / Day	Plant & machinery: Rs 751 lakhs
Working capital: -	T.C.I: Cost of Project : Rs 1277 lakhs
Return: 26.00%	Break even: 54.00%
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Disposable Surgical Gloves
A surgical (surgeon’s) glove is made of natural or synthetic rubber intended to be worn by operating room personnel to protect a surgical wound from contamination. Surgical gloves have more precise sizing (numbered sizing, generally from size 5.5 to size 9), and are made to higher specifications. They are hand specific. Non-latex materials gloves have not yet replaced latex gloves in surgical procedures, as gloves made of alternate materials generally do not fully match the fine control or greater sensitivity to touch available with latex surgical gloves. High-grade non-latex gloves (such as Nitrile gloves) also cost two or more times the price of their latex counterparts, a fact that has often prevented switching to these alternate materials in cost-sensitive environments, such as many hospitals. Powder-free medical gloves are also used in medical clean room environments, where the need for cleanliness is often similar to that in a sensitive medical environment. Similar but specially tested gloves are used in electronics clean rooms. The global disposable gloves market size was valued at USD 8.19 billion in 2017.Growing demand for disposable gloves in medical and healthcare, pharmaceutical, automotive finishing, chemical, and oil and gas industries has been a major factor driving the industry over the past few years. In addition, use of the product in the food processing industry is likely to complement market growth. Increasing awareness pertaining to employee health and safety, coupled with rising concern regarding skin diseases in the industrial sector, is expected to drive the market over the projected period. Technological innovation, supported by availability of customized designs to cater to specific industry demands, is likely to have a positive impact on demand. Increasing aging population and occurrences of chronic health issues necessitate the presence of reliable and upgraded emergency medical services. Growing demand for outpatient, ambulatory care and EMS in U.S. is expected to steer investments in medical infrastructure over the long term, subsequently driving demand for medical products such as gloves. The demand for rubber gloves is rapidly increasing on account of rapid industrialization and urbanization of our country currently taking place. Several workers in the chemical, electrical and food processing industries use rubber gloves. Similarly, the number of people using gloves for household purposes during handling of detergents, floor polishes, pesticides and the like is also increasing especially in the urban areas. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Accent Industries Ltd. Acknit Industries Ltd. Casil Health Products Ltd. Casil Health Products Ltd. Sri Kannapiran Mills Ltd. London Rubber India Ltd.
Plant capacity: Disposable Surgical Latex Rubber Gloves (Wt. 4± 0.02 gms each) : 40,000 Pairs / Day	Plant & machinery: Rs 240 lakhs
Working capital: -	T.C.I: Cost of Project : Rs 936 lakhs
Return: 26.00%	Break even: 45.00%
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N95 Mask (5 Ply)
An N95 Mask is a type of Mask with air-purifying, particulate respirator which is a personal protective device designed to help reduce the wearer's inhalation exposure to certain airborne particles. N95 Masks are certified by a US body named NIOSH (National Institute for Occupational Safety and Health). They are masks that fit on the nose and mouth to prevent bacteria and dust particles. They came in different shapes and sizes. N95 Masks are also known as an N95 Respirator Mask, N95 Particle Respirator, N95 Filter Mask, N95 protection mask. To prevent spread of airborne respiratory infection such as COVID-19, wearing of masks or filtering face piece (FFP) respirators are advised. The masks can be simple cloth masks (which can be worn by members of public or outside the high-risk areas), surgical masks which are loose-fitting disposable devices that prevent entry of large size droplets that may contain micro-organisms, and N95 FFP respirators. The most important component of PPE for HCWs during this pandemic is the N95 FFP respirator. The India surgical mask market was valued at $71.73 million in 2019, and is expected to reach $157.13 million by 2027, registering a CAGR of 10.3% from 2020 to 2027. This growth rate is mainly attributed to number of surgical procedures performed in India annually. The country is currently facing a multifaceted burden of infectious disease, neonatal disease, non-communicable diseases, maternal disease, and injuries. The need for surgical products and services in India is expected to continue to rise noticeably from now until 2030. Thus, this overall increase in the number of surgical procedures performed in India is projected to bolster the demand for surgical products such as masks and gloves in the years to come, ultimately driving the growth of the India surgical masks market. Likewise, surgical masks, are being widely used to prevent the transmission of infections and maintain hygiene, as they are sterile, repellant, and do not absorb any bacteria & viruses. Patients and healthcare professionals are susceptible to hospital-acquired infections (HAIs) during medical treatments in a healthcare facility. Thus, this increase in HAIs is further supplementing the India surgical masks market growth. India surgical masks market on the basis of product, distribution channel and sales channel. Based on product, the market is categorized into basic surgical mask, anti-fog surgical mask, fluid/splash-resistant surgical mask, and N95 mask. Based on distribution channel, the market is divided into hospitals & clinics, drug stores and online stores. Based on sales channel, the India surgical masks market is classified into business to business, business to customer and business to government. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under 3M India Ltd. Good Health Insurance T P A Ltd. Kimberly-Clark India Pvt. Ltd. Mediklin Healthcare Ltd. Surgeine Healthcare (India) Pvt. Ltd.
Plant capacity: N95 Mask 5 Ply (5 pcs per Pkt.): 12,096 Pkts / Day	Plant & machinery: Rs 47 lakhs
Working capital: -	T.C.I: Cost of Project: Rs 350 lakhs
Return: 30.00%	Break even: 52.00%
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Disposable Plastic Syringes
Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel) allowing the syringe to take in and expel a liquid or a gas through an orifice at open end of the tube. The open end of the syringe may be fitted with a hypodermic needle (a hollow needle commonly used with a syringe to inject substances into the body or extract fluids from it), a nozzle or tubing to help direct the flow into and out of the barrel. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The Disposable Syringes market was valued at USD 7.10 billion in 2019 and is predicted to grow at a CAGR of 6.1% during the forecast period and is anticipated to reach USD 12.91 Billion by 2027. The growth of the market is attributed to growing prevalence of chronic diseases, especially diabetes, an increase in the usage of Botox, increased adoption of inject able drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs. Based on the WHO estimates, 16 billion injections are administered each year globally. A Disposable Syringes is a medical tool used to administer injections of intravenous drugs into the patient’s blood stream or to draw blood sample. Consumers and doctors are preferring Disposable Syringes over reusable syringes due to rising concerns about needle stick injuries and accidental infections related to it. Industry players increasingly investing in research and development of new chemicals that are more potential than present available drugs is likely to augment the growth. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Disposable Medi-Aids Ltd. Hindustan Syringes & Medical Devices Ltd Lifelong Meditech Ltd. Peekay Mediequip Ltd. Schott Kaisha Pvt. Ltd.
Plant capacity: Disposable Plastic Syringes 3 ml Size: 1,440 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 5 ml Size: 1,500 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 10 ml Size: 600 Boxes / Day (Each Box = 100 Pcs)	Plant & machinery: Rs 340 lakhs
Working capital: -	T.C.I: Cost of Project : Rs 772 lakhs
Return: 18.00%	Break even: 62.00%
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Blood Collection Tubes (Vacutainer)
A vacutainer blood collection tube is a sterile glass or plastic test tube with a colored rubber stopper creating a vacuum seal inside of the tube, facilitating the drawing of a predetermined volume of liquid. Vacationer tubes may contain additives designed to stabilize and preserve the specimen prior to analytical testing. Tubes are available with a safety-engineered stopper, with a variety of labeling options and draw volumes. The color of the top indicates the additives in the vial. A vacuum blood collection tube is a sterile glass or plastic test tube that uses a stopper to create a vacuum seal inside the tube and enable the depiction of a predetermined volume of liquid. The vacuum blood collection tube prevents needle stick damage by preventing needles from coming in human contact and thus, contamination. The vacuum blood collection tube contains a double pointed needle, attached to a plastic tubular adapter. Double pointed needles are available in many gauge sizes. The length of the needle ranges from 1 to 11/2 inches. Vacuum blood collection tubes may contain additional constituents which are used to preserve blood for treatment in a medical laboratory. These additives are in the form of films applied using an ultrasonic nozzle. The additives contained in the vacuum blood collection tube are anticoagulants, such as EDTA, sodium citrate, heparin or gel. A vacuum blood collection tube is mostly used by clinics and laboratories for storing blood for future testing. Vacuum blood collection tubes have a substitute which can preserve blood for an extended period for testing processes. Vacuum blood collection tubes are available in different types of sizes and specimens. Blood Collection Tubes Market size is estimated to reach $2.81bn by 2025, growing at a CAGR of 7.1% during the forecast period 2020-2025. Blood plays an important role in the diagnosis and treatment of many diseases. The blood processing includes the collection, storing and managing the blood after collected from the donor. The blood collection tubes which are also known as vacutainers are made of either plastic or glass, these tubes are sterilized and have a safety-engineered stopper with different labeling options with the volume on it and color of the caps indicates the additives in the tube. The increase in usage of blood samples in the diagnosis and requirement of blood components in the treatment of many diseases is driving the market for blood collection tubes during the forecast period 2020-2025. The COVID-19 pandemic has encouraged major market players to focus on the development of new innovative products for blood glucose monitoring. For instance, in May 2020, Dario Health Corp. announced that the FDA has approved the use of self-test blood glucose meters by hospitalized patients with diabetes. This was intended to limit the exposure to the COVID-19 virus by self-checking of blood glucose levels by hospitalized patients and providing information to healthcare personnel. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Becton Dickinson India Pvt. Ltd. Hindustan Syringes & Medical Devices Ltd Kriya Medical Technologies Pvt. Ltd. Narang Medical Ltd. Poly Medicure Ltd.
Plant capacity: Blood Collection Tubes (Vacutainer) 13x100 with EDTA: 96,000 Nos / Day Blood Collection Tubes (Vacutainer) 13x75 Plain : 96,000 Nos / Day	Plant & machinery: Rs 464 lakhs
Working capital: -	T.C.I: Cost of Project: Rs 1105 lakhs
Return: 29.00%	Break even: 53.00%
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IV Set
Intravenous therapy delivers liquid substances directly to the veins. Intravenous route is the fastest way to deliver medications or fluid replacement substances into the body via veins. IV administration sets are accessories required to deliver fluids to patients to treat various conditions such as dehydration, electrolyte imbalance, and other conditions requiring specialized Parenteral drug therapies. The rate of delivery of liquid can be adjusted with a roller clamp of an IV administration set. Primary IV administration set is either a macro-drip solution administration set that delivers 10, 15, 20 gtts/ml, or micro-drip set which delivers small amount of fluid over longer period of time. Micro-drip tubing’s are used primarily in neonatal or pediatric care. Components of a primary IV administration set are back check valve, access port, roller clamp, and secondary IV tubing. A secondary IV administration set does not contain access port or back check valve. It is shorter in length than a primary IV administration set. Rise in demand for IV administration sets due to increase in number of patients hospitalized for various treatments, surge in incidence of chronic diseases, and rise in adoption of advanced treatment options are anticipated to boost the growth of the global IV administration sets market. However, increase in incidence of medication errors, product recalls, and stringent regulatory requirements are the factors restraining the market. The total India infusion therapy market is growing at a rate of 5.7%, which will take the 2017 market value of $387.8 million up to $572.6 million by 2024. Intravenous therapy delivers liquid substances directly to the veins. Intravenous route is the fastest way to deliver medications or fluid replacement substances into the body via veins. IV administration sets are accessories required to deliver fluids to patients to treat various conditions such as dehydration, electrolyte imbalance, and other conditions requiring specialized Parenteral drug therapies. The rate of delivery of liquid can be adjusted with a roller clamp of an IV administration set. Primary IV administration set is either a macro-drip solution administration set that delivers 10, 15, 20 gtts/ml, or micro-drip set which delivers small amount of fluid over longer period of time. Micro-drip tubing’s are used primarily in neonatal or pediatric care. Components of a primary IV administration set are back check valve, access port, roller clamp, and secondary IV tubing. A secondary IV administration set does not contain access port or back check valve. It is shorter in length than a primary IV administration set. Rise in demand for IV administration sets due to increase in number of patients hospitalized for various treatments, surge in incidence of chronic diseases, and rise in adoption of advanced treatment options are anticipated to boost the growth of the global IV administration sets market. However, increase in incidence of medication errors, product recalls, and stringent regulatory requirements are the factors restraining the market. Few Indian major players are as under Angi Plast Pvt. Ltd. Axiom Medisurg Ltd. La Medical Devices Ltd. Smiths Medical India Pvt. Ltd Sangam Health Care Products Ltd
Plant capacity: I.V. Set: 140,000 Sets / Day	Plant & machinery: Rs 904 lakhs
Working capital: -	T.C.I: Cost of Project: Rs 1430 lakhs
Return: 27.00%	Break even: 49.00%
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Manufacturing of Surgical Blade (Scalpel). Business Plan for Startups in Medical Scalpel Blade.
Manufacturing of Surgical Blade (Scalpel). Business Plan for Startups in Medical Scalpel Blade. Scalpel blades are usually made of hardened and tempered steel, stainless steel, or high carbon steel; in addition, titanium, ceramic, diamond and even obsidian knives are not uncommon. For example, when performing surgery under MRI guidance, steel blades are unusable (the blades would be drawn to the magnets, or may cause image artifacts) A Surgical Blade is a small and extremely sharp bladed instrument used for surgery, anatomical dissection, and podiatry. Scalpel blades are usually made of hardened and tempered steel, stainless steel, or high carbon steel. Related Project:- Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals Surgical blades, or scalpels, are used for cutting skin and tissue during surgical procedures. There are different types of blades specific to the type of procedure. Surgical blades vary by size and shape. The number of the blade indicates the blade size and shape. Surgical blades are typically made with stainless steel or carbon steel. Surgical blades come in a variety of forms giving surgeons and medical staff the right blade for the procedure. Surgical blades are typically sold separate from the blade handle. Surgical blades are available in disposable scalpels (sterile and non-sterile). Disposable scalpels are single-use scalpels that commonly use a plastic handle connected to a surgical blade. Safety scalpels are scalpels that have a covering around the blade that covers the blade until it is used. Safety scalpels help prevent accidental contact with the surgical blade. Related Books:- Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) Market Outlook The products used in surgical procedures are considered as low-risk instruments that do not require a stringent regulatory process for manufacturing or use. Furthermore, an increase in the number of chronic diseases has propelled the development of more hospitals, clinics, and ambulatory surgical centers, which, in turn, has created more job opportunities for surgeons. These factors are augmenting the growth of the surgical blade market. The global surgical scalpels market is expected to reach US$ 759.4 MN in 2025 from US$ 554.8 in 2016. The market is estimated to grow with a CAGR of 3.5% from 2016-2025. Related Videos:- Disposable Products Global Surgical Blades Market: Trends and Opportunities One of the most lucrative opportunities in mobile marketing could be created with the growing use of stainless steel surgical blades as it features razor-sharp cutting edges and clean incisions for superior cutting along with properly numbered scalpel handles. They are also sterile and have better shelf life. These products used for surgical purposes do not need to undergo stringent regulatory process as they are classified as low-risk devices. These factors are likely to increase new product launches, thus boosting the revenue growth of surgical blades in overall market. Related Project:- Business Plan of Surgical Blades Production Increase in the Risk of Injury Due to Scalpels Surgical blades and scalpels are among the most common and simple surgical devices used for the surgery since ages. If the patient is opting for the surgery, it is necessary to obtain essential knowledge about the procedure and the technician who is going to perform the procedure, since the procedure is complicated in nature and requires utmost care post-surgery. The incidence rate of scalpel blade injuries, is 662 per 100,000 scalpels removed. Scalpel injuries signify a multi-faceted risk as they cause mechanical injury and expose both the injured worker and the patient to the risk of contracting blood borne infection. Related Project:- Business Plan of Surgical Blades Production Advancements in surgeries and novel product launches by manufacturers, which help surgeons perform surgeries efficiently, are also driving the market. According to the National Health Statistics report, on 28.6 million ambulatory visits, approximately 48.3 million surgical and nonsurgical procedures were performed in 2010 in ambulatory surgical centers and hospitals combined. Rising incidence of chronic disorders & acute diseases among the geriatric population and increasing demand for improved surgical care at all ages is further augmenting growth. Furthermore, innovations in marketing strategies of medical devices and growing medical tourism in developing countries are opportunities for manufacturers to expand their customer base in emerging economies. Projects:- Project Reports & Profiles Key Players:- Alcon Laboratories (India) Pvt. Ltd. Amkay Products Pvt. Ltd. Axiom Medisurg Ltd. B Braun Medical (India) Pvt. Ltd. Biorad Medisys Pvt. Ltd. Blue Neem Medical Devices Pvt. Ltd. Boston Scientific India Pvt. Ltd. Cadence A M S Design India Pvt. Ltd. Centenial Surgical Suture Ltd. Johnson & Johnson Pvt. Ltd. K C K Dental Pvt. Ltd. Manman Manufacturing Co. Pvt. Ltd. Mediplus (India) Ltd. Medtech Devices Ltd. Primewear Hygine (India) Product Ltd. Books:- BOOKS & DATABASES Tags:- #SurgicalBlade #SurgicalBladeMarket #SurgicalScalpel #SurgicalScalpelManufacturing #MedicalScalpelBlade #MedicalSurgicalBlade #SurgicalScalpelBusiness #SurgicalBladeManufacturing #SurgicalBladeBusinessPlan #SurgicalBladeProduction #SurgicalInstrument #SurgicalIndustry #healthandmedicaldevices #medicalequipment #SurgicalBusiness #surgical #surgicalmanufacturing #surgicalinstruments #surgicalmarket #NewRelease #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #Startupbusinessideas #businessestostart #startupideas #businessstartupindia #StartupBusiness #projectconsultancy #businessconsulting #projectconsultant #InvestmentOpportunities
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Return: 1.00%	Break even: N/A
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Manufacturing Business of Blood Collection Tubes (Vacutainer)
Manufacturing Business of Blood Collection Tubes (Vacutainer). Start Your Own Industry of Vacuum Blood Collection Tube. A Vacutainer blood collection tube is a sterile glass or plastic test tube with a colored rubber stopper creating a vacuum seal inside of the tube, facilitating the drawing of a predetermined volume of liquid. Vacutainer tubes may contain additives designed to stabilize and preserve the specimen prior to analytical testing. Tubes are available with a safety-engineered stopper, with a variety of labeling options and draw volumes. Related Projects: - Healthcare and Medical Businesses Vacutainer tubes usually contain some additives to preserve the specimen. As different blood tests measure different substances present within the blood, so the specific test required to be carried out will determine the specific substance that needs to be preserved. Projects:- Project Reports & Profiles Blood collection tubes are sterile test tubes that are made up of glass or plastic. They are used to collect blood specimens for testing. These tubes contain a rubber stopper that creates the vacuum seal inside of the tube, which in turn enables drawing an exact volume of blood from the patient. The blood collection tubes are most commonly used to collect blood samples and can also be used as urine collection tubes and as serum separator tubes. These tubes are essential for diagnostics, in surgeries and for transfusion procedures. Related Books:- Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) Market Outlook Increasing prevalence of infectious diseases, a mounting number of accident & trauma cases, and non-communicable diseases are the major factors contributing towards the market growth. The vacuum blood collection tube also contains additional constituents that are used for preserving blood for treatment in medical labs. These additives include anticoagulants such as EDTA, sodium citrate, heparin and gel. This tube is mostly used by clinics and labs to store blood for testing processes. Vacuum blood collection tubes are present in different sizes and specimens for testing and other purposes. The demand for safe and reliable equipment for collecting blood and the use for aseptic techniques during the patient care process. Related Videos:- Disposable Products Blood Collection Tubes Market was valued at USD 1.61 Billion in 2018 and is projected to reach USD 2.41 Billion by 2026, growing at a CAGR of 5.2% from 2019 to 2026. Medical devices manufactures have made substantial advancements in the blood collection products. The blood collection tube system make blood draws safer and easier, and there results are more accurate compared to any other blood collection technique. Recent advances in blood collection tube design to support capillary-blood collection are having an extensive impact on the experience of patients and clinicians. These tubes reduces the risk of collection and processing errors while increasing the speed to results. Many such developments to make blood collection process safe and easy opens new avenues in the market. Related projects: - Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals Vacuum Blood Collection Tube Market: Dynamics The need for blood test in laboratories for identifying various diseases using blood specimens is significant. A vacuum blood collection tube is used to collect and store blood for testing. The growth of the vacuum blood collection tube market depends on blood storage needs and substitutes available. Books:- BOOKS & DATABASES Government subsidiaries and health services are driving the vacuum blood collection tube market. Vacuum blood collection tubes are available in different colors and can be segmented based on their use and application. Growing awareness about importance of health in developed and developing countries will help in the growth of vacuum blood collection tube market. Technological developments in vacuum blood collection tubes are expected to act as a key driver for the growth of the vacuum blood collection tube market. However, low popularity of vacuum blood collection tubes in undeveloped countries might restrain vacuum blood collection tubes’ market growth. Related project:- Investment Opportunities in Vacutainer Blood Collection Tube Production Key Players:- Becton Dickinson India Pvt. Ltd. Hindustan Syringes & Medical Devices Ltd. Kriya Medical Technologies Pvt. Ltd. Narang Medical Ltd Poly Medicure Ltd. Market Research: - Market Research Report Tags:- #BloodCollectionTubes #Vacutainer #BloodCollectionTubeMarket #CollectionTubeProduction #CollectionTubeManufacturing #CollectionTubeBusiness #BloodCollectionMarket #BloodCollection #BloodCollectionIndustry #NewRelease #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #Startupbusinessideas #businessestostart #startupideas #businessstartupindia #StartupBusiness #projectconsultancy #businessconsulting #projectconsultant #InvestmentOpportunities
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Production of Disposable IV Set
Production of Disposable IV Set. Manufacturing Business Plan for Startups in Infusion Set. Intravenous therapy (abbreviated as IV therapy) is a medical technique that delivers a liquid directly into a person's vein. The intravenous route of administration is commonly used for rehydration solutions or to provide nutrition in those who cannot consume food or water by mouth. It may also be used to administer medications or other medical therapy such as blood products or electrolytes to correct electrolyte imbalances. Related projects: - Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals Medical establishments use Intravenous (IV) sets to administer fluid therapy and to provide medicines and blood products such as platelets. This procedure is called infusion therapy. IV sets use a process called gravity infusion to conduct the above procedures. Common Features For gravity feed only 15 micron fluid filter in drip chamber Soft and kink resistant DEHP free PVC tubing ensures uniform flow rate Smooth roller clamp facilitates easy, safe control and djustment of fluid rates Standard tube length: 150 cms Tube dia: I Ø 3 mm & O Ø 4.1 mm Related Books: - Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) Uses Hospitals Ambulatory Surgical Centers Specialized Clinics Skilled Nursing Facilities Long Term Care Centers Others Related Videos:- Disposable Products Market Outlook The increased patient base in different regions comprising patients affected with diabetes and chronic pain is anticipated to drive the growth of the global IV tubing sets and accessories market. Increasing prevalence of chronic disease cases such as cancer have resulted in the development and introduction of advanced IV tubing sets to be used in infusion therapy for efficient treatment methods. Over the last few years, an increase in the demand for branded and patented smart IV infusion pump systems and associated IV tubing sets has been registered from end users such as hospitals, ambulatory surgical centers, homecare settings and long term care centers in Europe as compared to Asia Pacific. Related project: - Production of IV Infusion Set (IV Set) Besides, growing import and export of infusion pumps, consumables and supplies in countries such as France, Netherlands, United Kingdom, Poland and Russia is anticipated to boost the growth of the global IV tubing sets market. The market in high income countries is also growing due to its frequent replacement in the majority of hospitals as a basic medical supply necessity, product innovation, and strong guidelines by regulatory agencies to limit ill impacts. By 2020, the U.S. infusion therapy device market size was valued at $2.9 billion, with over 230 million primary IV sets sold every year. Despite COVID19, the market size is expected to increase at a compound annual growth rate (CAGR) of 2.6% to reach $3.5 billion in 2026. Related Videos: - Business Ideas for Startups Infusion Therapy Market Insights The infusion therapy device market is a relatively stable and mature market. This means that future growth in the market is expected to be limited by only mild gains to unit sales. Infusion pumps and IV sets, two of the largest market segments, are saturated in terms of the installed base and unit sales. Since infusion therapy is a well-established practice, there is very little room for expansion. For other mature markets, one standard way of driving market growth is to offer premium-priced products with advanced features. However, this practice has achieved only limited success in the infusion therapy device market. Related Videos: - Small Business Ideas Market Taxonomy By Product Type • Primary IV Tubing Sets o Macro-Drip IV Sets o Micro-Drip IV Sets • Secondary IV Tubing Sets • Extension IV Tubing Sets • I.V. Infusion Set with Flow Regulator • Filtered IV Tubing Sets • Non-Vented IV Tubing Sets • Vented IV Tubing Sets • IV Tubing Accessories By Application • Peripheral Intravenous Catheter Insertion • Central Venous Catheter Placement • PICC Line Insertion By End User • Hospitals • Ambulatory Surgical Centers • Specialized Clinics • Skilled Nursing Facilities • Long Term Care Centers • Others Insight by Application On the basis of application, the global IV tubing sets and accessories market is categorized into peripheral intravenous catheter insertion, PICC line insertion, and central venous catheter placement. In 2019, the peripheral segment accounted for the largest market share and will remain dominate till 2027. The rising cases life-style borne cardiac ailments and increasing preference of consumers towards minimally invasive procedures are the prominent factors favoring the segment growth? Moreover, rising cases of home-based infusion therapies among geriatrics also increasing the demand of the concerned product. The central venous catheter segment is projected to have the fastest growth rate over the study period. The usage of catheter in the administration of drugs in the veins is the major factor boosting its growth. Projects: - Project Reports & Profiles Key Players:- Angi Plast Pvt. Ltd. Axiom Medisurg Ltd. Hemant Surgical Inds. Ltd La Medical Devices Ltd. Sangam Health Care Products Ltd. Smiths Medical India Pvt. Ltd. Books:- BOOKS & DATABASES Tags:- #infusionset #ivset #IVSetManufacturing #IVSetProduction #IVSetBusiness #IVSetBusinessIdeas #InfusionSetmanufacturing #InfusionSetInvestment #InfusionSetMarket #InfusionSetBusinessplan #IntravenousSetMarket #NewRelease #Startupbusinessideas #businessestostart #startupideas #businessstartupindia #StartupBusiness #projectconsultancy #businessconsulting #projectconsultant #InvestmentOpportunities #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #ManufacturingBusiness #ProductionBusiness #IVSetBusinessPlan
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