Global Medical Injection Molding Market Size, Share, Growth Analysis, By Product(Medical Equipment Components, Consumables), By System(Hot Runner, and Cold Runner), By Material (Plastics, and Metals)

Description

Market Insights

Global Medical Injection Molding Market size was valued at USD 23.92 billion in 2021 and is poised to grow from USD 25.09 billion in 2022 to USD 36.79 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).

The Global Medical Injection Molding Market encompasses the production of medical devices and components using injection molding processes. This method offers precision, cost-effectiveness, and versatility in creating complex medical products. Key drivers include the rising demand for advanced healthcare solutions, technological advancements, and increased focus on disposable medical products. Strict regulatory standards and quality control in the medical sector further enhance the market's growth. Major players are continuously innovating to meet diverse medical needs, driving expansion in this market.

Top-down and bottom-up approaches were used to estimate and validate the size of medical injection molding and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segmental Analysis

The global medical injection molding market is segmented on the basis of Product Outlook, System Outlook, and Material Outlook. Based on Product Outlook the market is segmented as, Medical Equipment Components, Consumables, Patient Aids, Orthopedics Instruments, Dental Products, Others. Based on System Outlook, the market is segmented as, Hot Runner, Cold Runner. Based on Material Outlook, the market is segmented as, Plastics, Metals, and Others.

Drivers

Expanding Healthcare Industry:

The escalating worldwide investment in healthcare and surging need for medical apparatus and devices propel the requirement for medical injection molding. The burgeoning populace, particularly the aging segment, additionally adds to the request for medical commodities.

Restraints

Substantial Initial Capital Requirement:

Establishing an injection molding facility necessitates a considerable infusion of funds, potentially posing a challenge for small and medium-sized businesses aiming to penetrate the industry.

Market Trends

Rising Need for Medical Equipment: The elevated occurrence of chronic illnesses and the aging demographic have resulted in an escalating requirement for medical devices. Medical injection molding is preferred for producing complex and precise components used in various medical devices, such as syringes, catheters, implants, and surgical instruments.

Product Code: SQMIG35B2126

Executive Summary

Market Overview
Wheel of Fortune
Research Methodology
Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Key Market Insights
Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition
Market Dynamics & Outlook
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Regulatory Landscape
Porters Analysis
Competitive rivalry
Threat of Substitute Products
Bargaining Power of Buyers
Threat of New Entrants
Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
Political Impact
Economic Impact
Social Impact
Technical Impact
Environmental Impact
Legal Impact
Global Medical Injection Molding Market by Product
Market Overview
Medical Equipment Components
Consumables
Patient Aids
Orthopedics Instruments
and Dental Products
Global Medical Injection Molding Market by System
Market Overview
Hot Runner
and Cold Runner
Global Medical Injection Molding Market by Material
Market Overview
Plastics
and Metals
Global Medical Injection Molding Market Size by Region
Market Overview
North America
USA
Canada
Europe
Germany
Spain
France
UK
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Competitive Landscape
Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
By Development
By Company
By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021
Key Company Profiles
C&J Industries
Company Overview
Business Segment Overview
Financial Updates
Key Developments
All-Plastics
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Biomerics
Company Overview
Business Segment Overview
Financial Updates
Key Developments
HTI Plastics
Company Overview
Business Segment Overview
Financial Updates
Key Developments
The Rodon Group
Company Overview
Business Segment Overview
Financial Updates
Key Developments
EVCO Plastics
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Majors Plastics, Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Proto Labs, Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Tessy Plastics
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Currier Plastics, Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Formplast GmbH
Company Overview
Business Segment Overview
Financial Updates
Key Developments
H&K Muller GmbH & Co. KG
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Hehnke GmbH & Co KG
Company Overview
Business Segment Overview
Financial Updates
Key Developments
TR Plast Group
Company Overview
Business Segment Overview
Financial Updates
Key Developments
D&M Plastics, LLC
Company Overview
Business Segment Overview
Financial Updates
Key Developments

Global Medical Injection Molding Market Size, Share, Growth Analysis, By Product(Medical Equipment Components, Consumables), By System(Hot Runner, and Cold Runner), By Material (Plastics, and Metals) - Industry Forecast 2023-2030