Medical disposables manufacturing

Medical disposables manufacturing

Photo by Shutterstock

Medical disposables manufacturing
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Medical Technology
Business Model Description

Establish facilities assembling first aid kits and manufacturing medical disposables, such as syringes and tests.

Expected Impact

Strengthen healthcare coverage especially for communities that do not have direct access to advanced health facilities.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
< USD 50 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Industry, Innovation and Infrastructure (SDG 9)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Gender Equality (SDG 5) Decent Work and Economic Growth (SDG 8)
Baby after birth
Photo by BCtA / MTTS
Case Study: MTTS provides access to medical treatment for neonatal patients in low-income communities
Medical Technology Transfer and Services (MTTS), a UNDP Business Call to Action (BCtA) member, delivers innovative, cost-effective solutions for newborns in need of intensive medical care. MTTS was established in 2004 in Vietnam and now serves hospitals in low-income communities across Asia as well as in Sub-Saharan Africa and Central America.
Sector Sources
  • (I) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. (II) United Nations Development Programme. Briefing note for countries on the 2019 Statistical Update: Uganda. (III) Government of Uganda (2016). Review Report Of Uganda’s Readiness For Implementation Of The 2030 Agenda. (IV) National Planning Authority. National Development Plan III (NDPIII) 2020/21 – 2024/25. (V) World Health Organization (2017). Making health services a safe place for women: Uganda steps up to support women subjected to violence. https://www.who.int/news-room/feature-stories/detail/making-health-services-a-safe-place-for-women-uganda-steps-up-to-support-women-subjected-to-violence
IOA Sources
  • (2) United Nations Comtrade database. (3) Export.gov (2019). Uganda - Market Opportunities. https://www.export.gov/apex/article2?id=Uganda-Market-Opportunities. (4) International Finance Corporation. The Business of Health in Africa. Partnering with the Private Sector to Improve People’s Lives. https://www.unido.org/sites/default/files/2016-01/IFC_HealthinAfrica_Final_0.pdf (5) Compass (2014). Afford I and II Projects. https://www.thecompassforsbc.org/project-examples/afford-i-and-ii-projects (6) Uganda Investment Authority (2016). Compendium of Investment and Business Opportunities. https://www.ugandainvest.go.ug/wp-content/uploads/2016/02/Compendium-of-Investment-and-Business-Opportunities-Vol-2.pdf (7) Ministry of Health. National Medical Equipment Policy. http://library.health.go.ug/publications/equipment-and-supplies-inventory/national-medical-equipment-policy (8) Government of Uganda (1993). National Drug Policy and Authority Act 1993 (Ch 206). http://faolex.fao.org/docs/texts/uga104984.doc (9) SWECARE. Uganda Health Sector and Partnership Opportunities. https://www.swecare.se/Portals/swecare/Documents/Uganda-Health-Sector-and-Partnership-Opportunities-final.pdf (10) PwC (2019). Corporate - Tax credits and incentives. https://taxsummaries.pwc.com/uganda/corporate/tax-credits-and-incentives (11) Uganda Revenue Authority (2019). A Guide on Tax Incentives /Exemptions available to the Uganda Investors. (12) Ministry of Health (2015). Health Sector Development Plan 2015/16 - 2019/20. Uganda, http://npa.go.ug/wp-content/uploads/2016/08/Health-Sector-Development-Plan-2015-16-2019-20-1.pdf (13) World Health Organization (2020). Global Health Agenda. https://www.who.int/about/vision/global_health_agenda/en/ (14) National Planning Authority (2020). National Development Plan III (NDPIII) 2020/21 – 2024/25. https://www.fowode.org/publications/research/40-national-development-plan-3/file.html (15) Ministry of Health (2020). Second National Health Policy 2010. http://library.health.go.ug/publications/policy-documents/second-national-health-policy-2010 (16) City Population (2020). Uganda. http://www.citypopulation.de/en/uganda/cities/ (17) World Health Organization (2020). Shortage of personal protective equipment endangering health workers worldwide. https://www.who.int/news/item/03-03-2020-shortage-of-personal-protective-equipment-endangering-health-workers-worldwide (18) Thomson Reuters (2020). Ugandans melt plastic waste into coronavirus face shields. https://news.trust.org/item/20200611002521-u8gf1 (19) PwC analysis based on Prof. A. Damodaran data, 2020. (20) Precise Ethiopia. Profile on the production of medical syringe. https://preciseethiopia.com/download/publication/business_opportunities/Profile%20on%20the%20Production%20of%20Medical%20Syringe.pdf (21) Thomson Reuters (2020). Ugandans melt plastic waste into coronavirus face shields. https://news.trust.org/item/20200611002521-u8gf1 (22) Ministry Of Gender, Labour And Social Development (2016). National Policy on Elimination of Gender Based Violence in Uganda. http://ngbvd.mglsd.go.ug/docs/2838GBV%20POLICY%2031st%2007%202019%20Final..pdf (23) Uganda National Bureau of Standards (2020). Uganda Standards Catalogue. 30 June. https://unbs.go.ug//attachments/menus/27/Uganda%20Standards%20Catalogue%20as%20at%2030%20June%202020-Final-2020-10-25.pdf (24) World Health Organization (2018). Health-care waste. https://www.who.int/news-room/fact-sheets/detail/health-care-waste (25) United Nations Conference on Trade and Development (2020). Growing plastic pollution in wake of COVID-19: how trade policy can help. July. https://unctad.org/news/growing-plastic-pollution-wake-covid-19-how-trade-policy-can-help