Plastic injection molding is an extremely versatile method of mass production, and it has numerous benefits that make it an invaluable tool for creating working prototypes at scale. For the medical industry, the range of benefits for plastic injection molding are far-reaching.
In today?s day and age, medical technology is advancing at an enormous rate. With this rapid increase comes a need for companies to match this rapid growth in complexity of design as well. With these advances have come intricately designed machines and tools such as pacemakers, imaging machines, and surgical tools, all of which need prototypes for testing and monitoring. Due to the extremely high pressure used in the process, plastic injection molding allows for a large amount of detail within the cast.
Once the designs and injection mold model are created and the presses are pre-programmed, the actual process of plastic injection molding is faster than other methods. With a high production output rate, ability to craft complex designs, and an ease of creation of the initial mold, plastic injection molding is a wonderfully efficient manufacturing option that can help us pave the way to the future of medical technology.
BD, Teleflex, BBRAUN, Terumo and Edwards are the top 5 players of Plastic Injection Molding, with about 23% market shares.
North America is the largest market of plastic molding for medical device currently, with a revenue market share of 40%. The second place is Europe, following North America with the revenue market share of 21%. Asia Pacific is the third largest market of plastic molding for medical device.
Market Analysis and Insights: Global Plastic Injection Molding Market
In 2020, the global Plastic Injection Molding market size was US$ 32590 million and it is expected to reach US$ 41990 million by the end of 2027, with a CAGR of 4.1% during 2021-2027.
Global Plastic Injection Molding Scope and Market Size
Plastic Injection Molding market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Plastic Injection Molding market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Plastic Injection Molding market is segmented into
- Drug Delivery Products
- Diagnostic Drug Test Kits
- Package and Container
- Surgical Consumables
- Others
Segment by Application, the Plastic Injection Molding market is segmented into
- Hospitals
- Clinics
- R & D
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and Plastic Injection Molding Market Share Analysis
Plastic Injection Molding market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Plastic Injection Molding product introduction, recent developments, Plastic Injection Molding sales by region, type, application and by sales channel.
The major companies include:
- BD
- Teleflex
- BBRAUN
- Terumo
- Edwards
- C. R. Bard
- Flextronics
- Smith's Medical
- Wego
- Phillips Medisize
- Nipro
- ICU
- Boston Scientific
- SMC Plastics Ltd.
- C&J Industries
- Eastek International
- Kindly
- Merit Medical
- JunoPacific Inc.
- Freudenberg
- QFC Plastics
- PCE Inc
- Spectrum Plastics Group, Inc
- Electroplast
Table of content
1 Study Coverage
1.1 Plastic Injection Molding Product Introduction
1.2 Market by Type
1.2.1 Global Plastic Injection Molding Market Size Growth Rate by Type
1.2.2 Drug Delivery Products
1.2.3 Diagnostic Drug Test Kits
1.2.4 Package and Container
1.2.5 Surgical Consumables
1.2.6 Others
1.3 Market by Application
1.3.1 Global Plastic Injection Molding Market Size Growth Rate by Application
1.3.2 Hospitals
1.3.3 Clinics
1.3.4 R & D
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Plastic Injection Molding Market Size Estimates and Forecasts
2.1.1 Global Plastic Injection Molding Revenue 2016-2027
2.1.2 Global Plastic Injection Molding Sales 2016-2027
2.2 Plastic Injection Molding Market Size by Region: 2021 Versus 2027
2.3 Plastic Injection Molding Sales by Region (2016-2027)
2.3.1 Global Plastic Injection Molding Sales by Region: 2016-2021
2.3.2 Global Plastic Injection Molding Sales Forecast by Region (2022-2027)
2.3.3 Global Plastic Injection Molding Sales Market Share by Region (2016-2027)
2.4 Plastic Injection Molding Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Plastic Injection Molding Revenue by Region: 2016-2021
2.4.2 Global Plastic Injection Molding Revenue Forecast by Region (2022-2027)
2.4.3 Global Plastic Injectio
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