MMT Insider

February 2009

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Inside The Numbers Inside The Numbers

End Market Report: Trends in Consumer Spending in Medical Care Show Opportunity for MoldMakers

The growth rate in U.S. household spending on medical care products (shown in the Chart as the slope of the curve) will decelerate in 2009, but growth is expected to remain positive despite the recession in the overall economy.

February Medical Sales
Consumer Spending in Medical Care Show Opportunity for MoldMakers

Medical goods and services tend to be non-discretionary, and spending on these products now accounts for one-fifth of all U.S. consumer spending. Americans spend more on medical goods and services than on food, transportation, or housing, and this sector is also one of the fastest growing.

Click Here for More Medical Industry Information »


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From the Field From the Field

Applying a New Technology to a Familiar Problem: Prototype Mold, Cost and Timing
The result of using direct metal laser sintering during moldmaking has been very beneficial for Linear Mold and Engineering. They now have two EOS M270 machines running stainless steel, cobalt chrome and direct metal 20 powders, and have become one of only a handful of service providers in North America for metal prototype parts.
Read More »

 

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Our Next Issue
Independent Research Study Results on LSR and Elastomers Market
Liquid silicone rubber (LSR) is a growing market, projected to expand by 10 to 12 percent annually in North America in the coming years. Despite the challenges and education needed by rubber and plastics processors, the future is bright for moldmakers and molders alike to grow and expand into the emerging LSR market. That is why D-M-E Company, a manufacturer of mold tooling technologies, recently commissioned an independent research study to shed light on how companies can leverage LSR to amplify their business and increase profitability.
» Read More
The U.S. Business and Industry Council: USBIC Educational Foundation
The USBIC Educational Foundation is a Washington-based research organization studying U.S. economic, technology and national security policy. Founded in 1967, it serves as the research arm of USBIC, with a mission to educate both policy makers and the American public on issues of concern to USBIC member companies. One of its primary efforts is to strengthen the case for more manufacturing-friendly public policies.
» Read More
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