Business Facilities - April 2008 - (Page P-1) LOCATIONS FOR THE PLASTICS/MEDICAL DEVICE INDUSTRIES A Tale of Two Industries By Jenny Vickers The convergence of two weighty North American industries— plastics and medical devices—has facilitated numerous healthcare advances. We bring you a sampling of locations that are helping these industries prosper. T he plastics and medical device industries each make substantial contributions to the North American economy. Together, these two industries have spawned the creation of other innovations such as plastic medical devices and home medical equipment. According to the American Chemical Society, demand is growing between 10% to 20% a year for the $1 billion a year plastic medical device industry. This growth has been fueled by rises in healthcare spending, higher life expectancy, and new innovations. In addition, a strong focus on R&D within the industry has led to numerous scientific and technological breakthroughs. One increasingly important sector for plastics is the home medical equipment market, which includes assistive devices, therapeutic devices, monitors, sensors, and telemetry devices. The global market for home medical equipment was valued at $15 billion in 2007 and is set to rise to $20 billion in 2012, according to BCC Research, a company that produces market research reports and conferences. The United States and Canada make up the largest geographical market for home medical equipment, with around 34% of the global share. The sector is growing faster than any other major geographical market segment, with a projected growth rate of 8.6% over the next five years. Another market tipping the scale is the plastic medical device packaging sector. Plastics packaging has proven indispensable in modern medical care, providing products such as see-through intravenous bags and break-resistant containers. According to a recent study by business research and consulting firm Frost and Sullivan, this sector earned $570 million in 2006 and is expected to reach $920 million by 2013. P-1 PHOTO CREDIT: ISTOCKPHOTO ® A S P E C I A L A D V E RT I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S , M O D E R N P L A S T I C S , A N D M D & D I
Table of Contents Feed for the Digital Edition of Business Facilities - April 2008 Business Facilities - April 2008 Contents First Word Snapshots Corporate Moves: Ohio Businesses On the Move Corporate Moves: Nebraska If You Build It, They Will Come A Tale of Two Industries Economic Transformation In the Islands Diversity: A New York State of Mind Growing in the Sun Key Kansas Industries Get a Boost How To Choose the Right Commercial Real Estate Broker Missouri Downtowns Dare to Dream Advertiser Index Ask the Expert Business Facilities - April 2008 Business Facilities - April 2008 - Business Facilities - April 2008 (Page Cover1) Business Facilities - April 2008 - Business Facilities - April 2008 (Page Cover2) Business Facilities - April 2008 - Business Facilities - April 2008 (Page 1) Business Facilities - April 2008 - Contents (Page 2) Business Facilities - April 2008 - Contents (Page 3) Business Facilities - April 2008 - Contents (Page 4) Business Facilities - April 2008 - Contents (Page 5) Business Facilities - April 2008 - First Word (Page 6) Business Facilities - April 2008 - Snapshots (Page 7) Business Facilities - April 2008 - Corporate Moves: Ohio (Page 8) Business Facilities - April 2008 - Corporate Moves: Ohio (Page 9) Business Facilities - April 2008 - Businesses On the Move (Page 10) Business Facilities - April 2008 - Businesses On the Move (Page 11) Business Facilities - April 2008 - Businesses On the Move (Page 12) Business Facilities - April 2008 - Businesses On the Move (Page 13) Business Facilities - April 2008 - Businesses On the Move (Page 14) Business Facilities - April 2008 - Businesses On the Move (Page 15) Business Facilities - April 2008 - Corporate Moves: Nebraska (Page 16) Business Facilities - April 2008 - Corporate Moves: Nebraska (Page 17) Business Facilities - April 2008 - If You Build It, They Will Come (Page 18) Business Facilities - April 2008 - If You Build It, They Will Come (Page 19) Business Facilities - April 2008 - If You Build It, They Will Come (Page 20) Business Facilities - April 2008 - A Tale of Two Industries (Page P-1) Business Facilities - April 2008 - A Tale of Two Industries (Page P-2) Business Facilities - April 2008 - A Tale of Two Industries (Page P-3) Business Facilities - April 2008 - A Tale of Two Industries (Page P-4) Business Facilities - April 2008 - A Tale of Two Industries (Page P-5) Business Facilities - April 2008 - A Tale of Two Industries (Page P-6) Business Facilities - April 2008 - A Tale of Two Industries (Page P-7) Business Facilities - April 2008 - A Tale of Two Industries (Page P-8) Business Facilities - April 2008 - Economic Transformation In the Islands (Page 29) Business Facilities - April 2008 - Economic Transformation In the Islands (Page 30) Business Facilities - April 2008 - Economic Transformation In the Islands (Page 31) Business Facilities - April 2008 - Diversity: A New York State of Mind (Page 32) Business Facilities - April 2008 - Diversity: A New York State of Mind (Page 33) Business Facilities - April 2008 - Diversity: A New York State of Mind (Page 34) Business Facilities - April 2008 - Diversity: A New York State of Mind (Page 35) Business Facilities - April 2008 - Diversity: A New York State of Mind (Page 36) Business Facilities - April 2008 - Diversity: A New York State of Mind (Page 37) Business Facilities - April 2008 - Diversity: A New York State of Mind (Page 38) Business Facilities - April 2008 - Diversity: A New York State of Mind (Page 39) Business Facilities - April 2008 - Growing in the Sun (Page 40) Business Facilities - April 2008 - Growing in the Sun (Page 41) Business Facilities - April 2008 - Key Kansas Industries Get a Boost (Page 42) Business Facilities - April 2008 - Key Kansas Industries Get a Boost (Page 43) Business Facilities - April 2008 - How To Choose the Right Commercial Real Estate Broker (Page 44) Business Facilities - April 2008 - How To Choose the Right Commercial Real Estate Broker (Page 45) Business Facilities - April 2008 - Missouri Downtowns Dare to Dream (Page 46) Business Facilities - April 2008 - Advertiser Index (Page 47) Business Facilities - April 2008 - Ask the Expert (Page 48) Business Facilities - April 2008 - Ask the Expert (Page Cover3) Business Facilities - April 2008 - Ask the Expert (Page Cover4)
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