Press release
Medical Injection Molding Market Size, Share & Trends Analysis Report by Technology, By Product, By Application, And Segment Forecasts, 2022 – 2027
The Medical Injection Molding Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Medical Injection Molding market growth.The Global Medical Injection Molding Market Size is Projected to Reach at a CAGR of 3% during 2022-2027.
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Market Overview:
The increasing demand for plastic and metal injection moulded components in the medical industry is expected to drive the market over the forecast period. Moreover, the growth of the home healthcare sector on account of the low costs involved as compared to hospital care and intensive care has resulted in a rise in the demand for medical devices. Different types of medical tests conducted by hospitals for diagnosis have also contributed to the increasing demand for medical devices. The rising geriatric population in the country, sophisticated healthcare infrastructure, and relatively higher disposable income levels are some of the key factors driving the healthcare industry in the U.S. In addition, the country has the highest healthcare spending in the world.
Top Leading Companies:
C&J Industries, HTI Plastics, AMS Micromedical, Currier Plastics, Proto Labs, JOHNSON PRECISION, Metro Mold & Design, Harbec, Milacron
Medical Injection Molding Market Segmentation by Type:
Cold Runner
Hot Runner
Medical Injection Molding Market Segmentation by Application:
Plastic
Metal
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Asia Pacific dominated the global market:
The Asia Pacific dominated the global market with a revenue share of over 38% in 2019. The region is also projected to register the fastest CAGR during the forecast period. Major factors contributing to the market growth in the Asia Pacific include the growing population, expanding healthcare infrastructures, the increasing number of people opting for home care facilities, and rising medical tourism in the region.
North America accounted for 23.8% of the global revenue in 2019. The rapid spread of the coronavirus in the region is expected to drive the demand for numerous medical devices over the forecast period. Post-COVID-19 pandemic, the government authorities are expected to invest more in healthcare infrastructure development. This is also expected to drive the demand for medical devices and medical injection molding. The demand for medical components is expected to witness growth in Mexico on account of the rising geriatric population and cases of Cardiovascular Diseases (CVDs), metabolic disorders, and respiratory diseases.
Regional Medical Injection Molding Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Medical Injection Molding Market Report:
Detailed overview of Medical Injection Molding Market
Changing the Medical Injection Molding market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Medical Injection Molding market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Medical Injection Molding Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2017 to 2022 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Medical Injection Molding Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Medical Injection Molding industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
– Country Level analysis for any 5 countries of your choice.
– Competitive analysis of any 5 key market players.
– 40 analyst hours to cover any other data point.
– 15% customization equal to 60 analyst hours.
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