Fast Facts

Plastic Based Medical Disposables For Dialysis

1. Analysts expect the global dialysis equipment market size at US$ 17.87 billion in 2022, expecting to go to US $ 23.63 billion by 2028, at a CAGR of 4.8 percent.

2. In a Rs. 4500 crore Indian Market, it is estimated that only 20 percent of the 20 million patients with chronic kidney disease get dialysis treatment. (medicalbuyer.co.in)

3. Indian Dialysis market is projected to grow from $2.113 Bn in 2022 to $ 4.368 Bn by 2030 = @ CAGR 9.5%. (insights.com)

4. The use of disposable dialysis devices, largely made from plastics, increases patient safety and, as a result, reduces any serious risks during the dialysis process.

5. The products include dialysis catheters, urethral catheters, dialysis drainage bags, dialysis care kits, and dialysis fistula needles etc.

6. One of the major components is Blood Tubing Sets (disposable bloodlines), intended to transfer blood from patients’ vascular access system to the hemodialyzer through an arterial tubing, and from the hemodialyzer to the patient vascular system via a venous tubing.

The Real Economics Of Extrusion.

Equipment is a minor expense compared with materials, as articulated in the 6-1-2-1 rule of cost distribution: 60% materials, 10% equipment, 20% direct labor and 10% everything else, including power, packaging and insurance.

• Extrusion is usually a 24-hour continuous operation. You can run 24/7 or 24/5 or even 24/4, but if you don’t run around the clock you are idling equipment, paying for frequent starts and stops and, therefore, greatly increasing production costs. There are a few specialty applications where you can get away with this, but the product has to be worth a lot, like multi-lumen medical catheters. For the rest of us, if we don’t run around the clock, our competitors will.

• Equipment is a minor component of manufacturing cost. Keep it running and look at the cost as a charge per pound or kilogram of resin, not machine-hours, as is sometimes used in molding.

• The largest cost by far is the material. With some resins—notably, but not exclusively, PVC—the selection and amount of additives and blend components are very important, and may control the whole economic proposition.

• If material is the big factor, what else is there? Here is where the 6-1-2-1 rule comes in: 60% materials, 10% equipment cost, 20% direct labor and 10% everything else, including power, packaging and insurance.

A different kind of pie chart illustrating the 6-1-2-1 rule, courtesy Allan Griff.

https://www.plasticstoday.com/extrusion-pipe-profile/realeconomics-extrusion