Plastic Injection Molding - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
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.
The global market for Plastic Injection Molding was estimated to be worth US$ 32990 million in 2023 and is forecast to a readjusted size of US$ 43850 million by 2030 with a CAGR of 4.1% during the forecast period 2024-2030
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Plastic Injection Molding, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Plastic Injection Molding by region & country, by Type, and by Application.
The Plastic Injection Molding market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plastic Injection Molding.
Market Segmentation
By Company
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
Segment by Type:
Drug Delivery Products
Diagnostic Drug Test Kits
Package and Container
Surgical Consumables
Others
Segment by Application
Hospitals
Clinics
R & D
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Plastic Injection Molding manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Plastic Injection Molding in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Plastic Injection Molding in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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.
The global market for Plastic Injection Molding was estimated to be worth US$ 32990 million in 2023 and is forecast to a readjusted size of US$ 43850 million by 2030 with a CAGR of 4.1% during the forecast period 2024-2030
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Plastic Injection Molding, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Plastic Injection Molding by region & country, by Type, and by Application.
The Plastic Injection Molding market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plastic Injection Molding.
Market Segmentation
By Company
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
Segment by Type:
Drug Delivery Products
Diagnostic Drug Test Kits
Package and Container
Surgical Consumables
Others
Segment by Application
Hospitals
Clinics
R & D
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Plastic Injection Molding manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Plastic Injection Molding in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Plastic Injection Molding in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.