Medical Injection Molding Market To Register Massive Enlargement With CAGR of 8% By 2027 – Material Outlook, SWOT Analysis, Regional Demand And Top Company Overview | Million Insights

March 05 07:27 2021
Medical Injection Molding Market To Register Massive Enlargement With CAGR of 8% By 2027 - Material Outlook, SWOT Analysis, Regional Demand And Top Company Overview | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global medical injection molding industry research report offers thorough insights on material, application, global demand & scope. This study enables many opportunities for the market players to invest in research and development.

The global medical injection molding market size is anticipated to account for USD 2.59 billion by 2027, as per a new report by Million Insights. The market is estimated to register over 8% CAGR from 2020 to 2027. The outbreak of COVID-19 has posed an unprecedented challenge for the healthcare industry. The pandemic has led to rise in the number of patients across the world, which in turn, has contributed the demand for medical devices.

Medical injection molding is widely used in the production of various kinds of medical devices. The increasing popularity of this method is due to its cost-effective nature and precision. Growing penetration of plastic made equipment in healthcare is anticipated to further fuel the demand for injection molding in healthcare. Plastics can be mold into any shapes and it is light in weight.

To download the sample PDF of “Medical Injection Molding Market Report” please click here: 


Hot runner system held the highest share in the market in 2019 owing to faster cycle time and lower pressure requirement. In addition, this system is cost-effective, efficient and suitable for mass production. 

Asia Pacific accounted for the major share in the medical injection molding market owing to the increased spending on healthcare in countries such as China, India, Japan and South Korea. Further, the region attracts a huge number of medical tourists owing to the cost-effective treatment. North America, on the other hand, anticipated registering the significant growth over the forecast duration owing to the growing number of COVID-19 cases in the United States.  

To browse report summary & detailed TOC, please click the link below: 


Further key findings from the report suggest:

• Depending on the system, the hot runner segment is projected to register a growth of 8.3% from 2020 to 2027.

• Metal injection molding held 24.0% share in the market in 2019. This method is ideal for the production of precise and complex metal parts.

• In 2019, the Class III segment held over 38.0% shares in the market due to the increasing popularity of injection molding in the production of medical equipment.

• Asia Pacific is projected to register the highest growth of 8.8% CAGR over the forecast duration.

Million Insights has segmented the global medical injection molding market on the basis of system, class, material and region:

Medical Injection Molding System Outlook (Revenue, USD Million, 2016 – 2027)
    • Hot Runner
    • Cold Runner

Medical Injection Molding Class Outlook (Revenue, USD Million, 2016 – 2027)
    • Class I
    • Class II
    • Class III

Medical Injection Molding Material Outlook (Revenue, USD Million, 2016 – 2027)
    • Plastic
    • Metal

Medical Injection Molding Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
        • The U.S.
        • Canada
    • Europe
        • The U.K.
        • Germany
        • France
        • Italy
        • Spain
    • Asia Pacific
        • Japan
        • China (Mainland)
        • India
        • Australia
        • South Korea
    • Latin America
        • Brazil
        • Mexico
        • Argentina
        • Colombia
    • Middle East & Africa
        • South Africa
        • Saudi Arabia
    • UAE

List of Key Players of Medical Injection Molding Market
    • C&J Industries
    • HTI Plastics
    • AMS Micromedical LLC
    • Proto Labs, Inc.
    • Metro Mold & Design Inc.
    • Milacron

Read the Latest Press Releases available with Million Insights:

• Automotive E-Axle Market: The global automotive e-axle market size is anticipated to touch USD 27.19 billion, by the end of 2025, and is projected to grow at a compound annual growth rate of 23.7% during the forecasted period, 2019 to 2025.

• Hospital HVAC Systems Market: The global hospital HVAC systems market size is projected to reach USD 11.34 billion by 2025 and expected to grow with the CAGR of 7.2% over the forecast period from 2019 to 2025.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India