Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the healthcare industry. This time, you get to discover 5 hand-picked startups developing medical plastics solutions.
Global Startup Heat Map highlights 5 Top Medical Plastics Solutions out of 75
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 75 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 medical plastics solutions that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 70 medical plastics solutions, get in touch.
Spectrum Plastics Group manufactures Medical Disposables
Hospitals and medical facilities are turning towards using single-use medical devices and components as they provide significant cost and quality benefits. For example, conventional medical and surgical inventory requires rigorous sterilization whereas single-use medical plastic alternatives eliminate the need for sterilization, in turn, freeing up time for medical staff and reducing costs. To this end, startups and scaleups develop medical-grade plastic components to improve the overall profitability of hospitals.
The US-based startup Spectrum Plastics Group manufactures medical disposables. The startup’s product line VitalMed includes medical plastics in the form of bags, leurs, clamps, chambers, spikes, valves, and assemblies. All of these have different applications such as the plastic bags that are used in the storage and transportation of fluids and biopharmaceutical products. Additionally, the startup manufactures vented and non-vented chambers and chamber assemblies in a variety of sizes and colors for intravenous fluid administration.
ECOMAVI produces Medical Laundry Bags
Cleanliness and hygiene form an integral part of ensuring effective care in hospitals. Hospital staff for instance is exposed to bacteria, blood pathogens, and body fluids on a regular basis – proper hygiene ensures they are not put at risk for infectious diseases. Other examples are bed linen and other materials for laundry from hospitals that require sterile care in both handling and processing to prevent hospital-acquired infections (HAIs). To this end, startups develop biodegradable plastic solutions that ensure high hygiene standards in medical environments.
Italian startup ECOMAVI produces medical-grade plastic bags to handle hospital linen and laundry. The startup’s product is based on a water-soluble polyvinyl alcohol (PVOH), making it highly suitable for hygiene-health needs. These bags find applications in gathering up linen and clothing in operating rooms and infectious disease wards. Further, the bags are completely soluble which eliminates the need to reopen and handle the soiled linen.
AIM Sweden utilizes Additive Manufacturing to produce Medical Components
Customized medical equipment utilizes complex designs, material and has a lead time that involves prototyping and testing. Additive manufacturing platforms create highly precise equipment for specific surgical and medical requirements. For example, when hospitals run out of specific medical inventory, they leverage additive manufacturing to print the component on-site. This saves considerable time and improves healthcare delivery.
Swedish startup AIM Sweden leverages additive manufacturing to produce plastic and metal-based medical components. The startup utilizes electron beam melting (EBM) and selective laser sintering (SLS) techniques to create medical components. The startup’s 3D printed material Pa 2200 (nylon) is sterilizable and finds applications in both pre-operative scenarios as well as during the actual operation.
tForm creates Thermoformed Medical Plastic Packaging Solutions
Medical plastics leverage new materials to provide the necessary properties that medical devices must comply with. For example, pharmaceutical companies and medical device manufacturers pursue materials that replace polyethylene terephthalate (PET) while retaining the distinct characteristics of the material. This allows the medical packaging industry to reduce plastic waste while improving healthcare quality.
The US-based startup tForm creates custom thermoformed plastic packaging solutions for the medical sector, among others. The startup leverages its proprietary material PX, a medical-grade alternative to PET. Medical grade PX exhibits improved strength over conventional PET and is equally resistant to chemical exposure. Among others, this medical packaging solution finds applications in the manufacture of medical-grade trays that are easily recyclable.
WSM Plastics leverages Automated Injection Moulding Technology
Automated machines eliminate fatigue and errors and as a result, material wastage is reduced too. Further, the precise use of raw materials leads to a reduction of material cost which directly benefits customers. The error-free operation of the injection moulding machines reduces production lead times and ensures a continuous supply of medical plastics to hospitals and clinics. As a result, hospitals and medical facilities save valuable time and resources. To this end, startups create fully automated technologies to meet the growing demand for medical disposables.
Polish startup WSM Plastics provides custom tooling and plastic injection moulding solutions for a wide range of sectors including healthcare. The startup’s services include end-to-end design support, prototyping, plastic injection moulding, and other post moulding services. The startup leverages fully automated moulding machines that have a capacity to process parts and components ranging from 22 to 1.000 tonnes. As a result, healthcare facilities and clinics get their medical supplies on time.
Discover More Healthcare Startups
Healthcare startups such as the examples highlighted in this report focus on AI, mobile health, telemedicine as well as gene editing. While all of these technologies play a major role in advancing healthcare, they only represent the tip of the iceberg. To explore more healthcare technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Healthcare Innovation Report to save your time and improve strategic decision-making.