Market Overview:
The global medical plastic injection molding market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for drug delivery products, diagnostic drug test kits, package and container, surgical consumables and others. Additionally, the rising demand for medical devices from hospitals, clinics and research & development (R&D) centers is also propelling the growth of this market. However, factors such as high cost of medical devices and stringent regulatory norms are restraining the growth of this market. On the basis of type, the global medical plastic injection molding market can be segmented into drug delivery products, diagnostic drug test kits, package and container, surgical consumables and others. The drugs delivery product segment is expected to account for a major share in terms of revenue in 2018 owing to its growing application in various therapeutic areas such as oncology & hematology therapies; cardiovascular therapies; respiratory therapies; neurology therapies; urology & nephrology therapies; gastroenterology treatments etc., across hospitals globally. On account of technological advancements over traditional packaging methods used for packing pharmaceuticals (solid oral dosage forms), there has been an increase in adoption rates for advanced packaging technologies including blister packs which are witnessing high demand from both developed as well as developing countries across regions such as North America Asia Pacific etc.
Product Definition:
Medical Plastic Injection Molding is a manufacturing process for producing parts out of plastic. The parts are made by forcing molten plastic into a mold, where it cools and hardens. Medical Plastic Injection Molding is used to make medical devices and components, such as syringes, IV bags, tubing connectors, and other medical equipment.
Drug Delivery Products:
Drug delivery products are the substances that convey drugs at the target site. They can be divided into two major categories, namely oral drug delivery products and injectable drug delivery products. The most common forms of injectable drugs are solutions, suspensions, and emulsions; while solid oral dosage forms include tablets and capsules.
Diagnostic Drug Test Kits:
Plastic injection molding (PIM) is a process of converting plastic raw materials into shapes by the use of injection molding machines. The finished product is then sent to distribution channels like retail stores or hospitals for sale. Diagnostic drug test kits are used in this industry as they provide accurate results with higher sensitivity and specificity compared to other conventional tests such as urine analysis, blood gas analysis, and sweat chloride analysis.
Application Insights:
Based on application, the global medical plastic injection molding market is segmented into hospitals, clinics and other healthcare facilities, home care settings and pharmacies. Hospitals held the largest share in 2017 due to their high usage in surgeries. In addition, a rising number of hospital construction projects is expected to drive demand over the forecast period.
Clinics and other healthcare facilities are projected to witness significant growth owing to increasing awareness about preventive health measures among consumers as well as practitioners. This trend has resulted in an increased demand for diagnostic devices that require few Molding Plastics (high-density polyethylene) that can withstand temperatures up from 0°Cto 40°C during manufacturing processes using autoclavable molds at these facilities.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and high healthcare spending in this region as compared to other regions of the world. In addition, favorable reimbursement policies are also propelling growth of medical devices manufacturing sector, which will help boost demand for GMP molded plastics over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to factors such as improving healthcare infrastructure.
Growth Factors:
- Increasing demand for medical devices and implants
- Rising prevalence of chronic diseases
- Technological advancements in medical device manufacturing
- Growing number of surgical procedures worldwide
- Increasing awareness about the benefits of medical implants
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Plastic Injection Molding Market Research Report
By Type
Drug Delivery Products, Diagnostic Drug Test Kits, Package and Container, Surgical Consumables, Others
By Application
Hospitals, Clinics, R & D
By Companies
BD, Teleflex, BBRAUN, Terumo, Edwards, C. R. Bard, Flextronics, Smith's Medical, Wego, Phillips Medisize, Nipro, ICU, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Medical Plastic Injection Molding Market Report Segments:
The global Medical Plastic Injection Molding market is segmented on the basis of:
Types
Drug Delivery Products, Diagnostic Drug Test Kits, Package and Container, Surgical Consumables, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, R & D
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BD
- Teleflex
- BBRAUN
- Terumo
- Edwards
- C. R. Bard
- Flextronics
- Smith's Medical
- Wego
- Phillips Medisize
- Nipro
- ICU
- Boston Scientific
Highlights of The Medical Plastic Injection Molding Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Drug Delivery Products
- Diagnostic Drug Test Kits
- Package and Container
- Surgical Consumables
- Others
- By Application:
- Hospitals
- Clinics
- R & D
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Plastic Injection Molding Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical plastic injection molding is a process that uses high-pressure injection to create objects from medical grade plastics. The process allows for the production of precise, durable parts that are often needed in medical devices and other medical equipment.
Some of the key players operating in the medical plastic injection molding market are BD, Teleflex, BBRAUN, Terumo, Edwards, C. R. Bard, Flextronics, Smith's Medical, Wego, Phillips Medisize, Nipro, ICU, Boston Scientific.
The medical plastic injection molding market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Plastic Injection Molding Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Plastic Injection Molding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Plastic Injection Molding Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Plastic Injection Molding Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Plastic Injection Molding Market Size & Forecast, 2018-2028
4.5.1 Medical Plastic Injection Molding Market Size and Y-o-Y Growth
4.5.2 Medical Plastic Injection Molding Market Absolute $ Opportunity
Chapter 5 Global Medical Plastic Injection Molding Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Plastic Injection Molding Market Size Forecast by Type
5.2.1 Drug Delivery Products
5.2.2 Diagnostic Drug Test Kits
5.2.3 Package and Container
5.2.4 Surgical Consumables
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Plastic Injection Molding Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Plastic Injection Molding Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 R & D
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Plastic Injection Molding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Plastic Injection Molding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Plastic Injection Molding Analysis and Forecast
9.1 Introduction
9.2 North America Medical Plastic Injection Molding Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Plastic Injection Molding Market Size Forecast by Type
9.6.1 Drug Delivery Products
9.6.2 Diagnostic Drug Test Kits
9.6.3 Package and Container
9.6.4 Surgical Consumables
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Plastic Injection Molding Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 R & D
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Plastic Injection Molding Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Plastic Injection Molding Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Plastic Injection Molding Market Size Forecast by Type
10.6.1 Drug Delivery Products
10.6.2 Diagnostic Drug Test Kits
10.6.3 Package and Container
10.6.4 Surgical Consumables
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Plastic Injection Molding Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 R & D
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Plastic Injection Molding Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Plastic Injection Molding Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Plastic Injection Molding Market Size Forecast by Type
11.6.1 Drug Delivery Products
11.6.2 Diagnostic Drug Test Kits
11.6.3 Package and Container
11.6.4 Surgical Consumables
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Plastic Injection Molding Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 R & D
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Plastic Injection Molding Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Plastic Injection Molding Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Plastic Injection Molding Market Size Forecast by Type
12.6.1 Drug Delivery Products
12.6.2 Diagnostic Drug Test Kits
12.6.3 Package and Container
12.6.4 Surgical Consumables
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Plastic Injection Molding Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 R & D
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Plastic Injection Molding Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Plastic Injection Molding Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Plastic Injection Molding Market Size Forecast by Type
13.6.1 Drug Delivery Products
13.6.2 Diagnostic Drug Test Kits
13.6.3 Package and Container
13.6.4 Surgical Consumables
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Plastic Injection Molding Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 R & D
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Plastic Injection Molding Market: Competitive Dashboard
14.2 Global Medical Plastic Injection Molding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BD
14.3.2 Teleflex
14.3.3 BBRAUN
14.3.4 Terumo
14.3.5 Edwards
14.3.6 C. R. Bard
14.3.7 Flextronics
14.3.8 Smith's Medical
14.3.9 Wego
14.3.10 Phillips Medisize
14.3.11 Nipro
14.3.12 ICU
14.3.13 Boston Scientific
