Life sciences market: sophisticated solutions based on proven technology
People are living longer and longer. In 2060, life expectancy in the European Union will be 89.1 years for women and 84.6 years for men, according to the OECD. But as well as getting older, people are also aging later in life. Today’s older people are more active, more mobile, and have more spending power than their forebears – and their younger counterparts are making an effort to keep this trend going into their own senior years. Sales of health and personal protective products are booming, leading to a surge in demand for items for which hygiene, cleanliness, safety, traceability, and documentation are critical requirements.
At Greiner Assistec, the life sciences category includes medical devices, baby care products, personal protective equipment, and food contact products. As well as producing the individual parts for these products, Greiner Assistec also assembles and finishes them where requested, putting stable production processes, precision, and superior quality at the top of the agenda.
Trends and developments in the life sciences industry
The life sciences are a broad category, and Greiner Assistec brings together a number of different market segments and products under this banner. The trends worth taking into consideration are similarly diverse:
More and more people are living longer – and taking their health seriously as a result. The idea of taking a proactive rather than a reactive approach is motivating sections of the population around the world to make regular efforts to get or stay healthy. From dietary supplements to fitness trackers, there seem to be new product innovations coming onto the market on an almost daily basis. At the same time, the health care systems in many nations are only developing at a slow rate. These countries are searching for new solutions to enable as many people as possible to access these services. The digital revolution must not be overlooked in the pharmaceutical sector either. A growing number of tech start-ups are seizing the moment and competing against the established firms with new applications. Greiner Assistec is well aware of these trends. The plastics experts provide customized solutions in the form of high-quality parts and components to meet almost every customer need.
Infant and toddler care
Global trends are also reflected in the way we bring up our children, with sustainability also becoming increasingly important in the baby industry, for instance. We want toys, clothes, and personal care products to be produced in a green and responsible way for the sake of our children and our planet. The increase in demand for organic products falls under the same category. Equally, technical gadgets and innovative devices are intended to make it easier to supervise, look after, and entertain young children, while convenience products also help to save time. In addition, more and more products are purchased online, giving e-commerce an increasingly important role – especially in the baby care market. Greiner Assistec has proven to be a reliable partner for its customers in this area too. Where requested, innovative parts and components can be jointly developed with the plastics experts, whose tried-and-tested technologies guarantee plastic solutions capable of accommodating sensitive needs.