PUBLISHER: Grand View Research | PRODUCT CODE: 1888993
PUBLISHER: Grand View Research | PRODUCT CODE: 1888993
The global medical injection molding machine market size was estimated at USD1,968.7 million in 2024 and is projected to reach USD 3,100.5 million by 2033, growing at a CAGR of 4.8% from 2025 to 2033. The increasing production of precision medical components, including syringes, catheters, and diagnostic parts, drives the market growth.
Increasing demand for high-volume, contamination-free manufacturing is pushing hospitals and OEMs toward automated molding systems. The growth of minimally invasive procedures also boosts the need for complex, micro-molded parts.
Stringent regulatory standards for medical device safety are encouraging manufacturers to invest in machines that offer consistency and repeatability. Technological advancements such as all-electric molding systems improve energy efficiency and reduce operational costs. The rising preference for medical-grade plastics further elevates demand for specialized molding equipment. Additionally, expanding healthcare infrastructure in emerging markets fuels steady upgrades to equipment.
Global Medical Injection Molding Machine Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global medical injection molding machine market report based on material,system, product type, and region: