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Medical Injection Molded Plastic Market Size, Share & Trends Analysis Report By Product (Polypropylene, Acrylonitrile Butadiene Styrene), By Application (Medical Components, Implants), By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 122 Pages
  • October 2023
  • Region: Global
  • Grand View Research
  • ID: 5899595
Description Jump to:
The global medical injection molded plastic market size is anticipated to reach USD 37.61 billion by 2030. The market is projected to grow at a CAGR of 4.3% from 2023 to 2030. Increasing healthcare investments across emerging nations is expected to drive the market. The global healthcare sector continues to expand at a faster rate than the overall economy, thereby contributing to the growth of medical injection molded plastics.

Between 2002 and 2022, global healthcare spending, in real terms, increased by approximately 4.0% per year, while the economy grew by 3.0% annually. This significant increase in healthcare spending was particularly notable in a group of 42 countries that experienced rapid economic growth. On average, real healthcare spending per capita grew 2.2 times, and its share of GDP increased by 0.6 percentage points. In most cases, healthcare spending outpaced GDP growth between 2002 and 2022.

Medical injection molded plastics are gaining importance in the manufacturing of medical devices and medical products on account of their properties such as durability, temperature resistance, corrosion resistance, and ability to withstand wear & tear. Increasing demand for injection molded plastics in medical applications, such as syringes, inhalation masks, catheters, and other surgical tools, is expected to further drive the market growth over the forecast period.

Medical Injection Molded Plastic Market Report Highlights

  • Based on product, the acrylonitrile butadiene styrene (ABS) segment is anticipated to grow at a CAGR of 4.5% during the forecast period. ABS finds applications in tendon prostheses, non-absorbable sutures, cleaning equipment, drug delivery systems, and tracheal tubes due to its high-impact resistance and durability
  • Based on application, the implants segment is expected to grow at a CAGR of 4.3% over the forecast period. Various implantable medical devices including pacemaker casing and joint replacements, use biocompatible injection molded plastics to minimize adverse reactions in the body
  • Mergers, acquisitions, strategic partnerships, capacity expansions, and the introduction of new products are the major strategies undertaken by the major players to strengthen their market presence. In June 2020, Eastman Chemical Company announced that it would be expanding and reinforcing its partnership with IMCD Group to distribute its plastics in different markets

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Product
1.1.2. Application
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.2.2. Application outlook
2.2.3. Regional outlook
2.3. Competitive Insights
Chapter 3. Medical Injection Molded Plastic Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.5.3. Industry opportunities & challenges
3.6. Medical Injection Molded Plastic Market Analysis Tools
3.6.1. Industry analysis - Porter’s
3.6.1.1. Supplier power
3.6.1.2. Buyer power
3.6.1.3. Substitution threat
3.6.1.4. Threat of new entrant
3.6.1.5. Competitive rivalry
3.6.2. PESTEL analysis
3.6.2.1. Political landscape
3.6.2.2. Technological landscape
3.6.2.3. Economic landscape
3.6.2.4. Social landscape
3.6.2.5. Environmental landscape
3.6.2.6. Legal landscape
Chapter 4. Supplier Portfolio Analysis
4.1. List of Suppliers
4.2. Kraljic Matrix
4.3. Sourcing Best Practices
4.4. Negotiation Strategies
Chapter 5. Medical Injection Molded Plastic: Product Estimates & Trend Analysis
5.1. Medical Injection Molded Plastic Market: Key Takeaways
5.2. Medical Injection Molded Plastic Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Polypropylene (PP)
5.3.1. Polypropylene (PP) market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
5.4. Acrylonitrile Butadiene Styrene (ABS)
5.4.1. Acrylonitrile butadiene styrene (ABS) market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
5.5. Polyethylene (PE)
5.5.1. Polyethylene (PE) market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
5.6. Polystyrene (PS)
5.6.1. Polystyrene (PS) market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
5.7. Polycarbonate (PC)
5.7.1. Polycarbonate (PC) market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
5.8. Others
5.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
Chapter 6. Medical Injection Molded Plastic: Application Estimates & Trend Analysis
6.1. Medical Injection Molded Plastic Market: Key Takeaways
6.2. Medical Injection Molded Plastic Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Medical Components
6.3.1. Packaging market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
6.4. Implants
6.4.1. Implants market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
6.5. Cleanroom Supplies
6.5.1. Cleanroom supplies market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
6.6. Mobility Aids
6.6.1. Mobility aids market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
6.7. Others
6.7.1. Others market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
Chapter 7. Medical Injection Molded Plastic Market: Regional Estimates & Trend Analysis
7.1. Regional Outlook
7.2. Medical Injection Molded Plastic Market by Region: Key Takeaway
7.3. North America
7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.3.2. U.S.
7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.3.3. Canada
7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.3.4. Mexico
7.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.4. Europe
7.4.1. UK
7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.4.2. Germany
7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.4.3. France
7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.4.4. Italy
7.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.4.5. Spain
7.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.4.6. Poland
7.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.4.7. Netherlands
7.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.5. Asia Pacific
7.5.1. Japan
7.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.5.2. China
7.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.5.3. India
7.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.5.4. Australia
7.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.5.5. Thailand
7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.5.6. South Korea
7.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.5.7. Malaysia
7.5.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.5.8. Indonesia
7.5.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.6. Central & South America
7.6.1. Brazil
7.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.6.2. Argentina
7.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.7. MEA
7.7.1. Saudi Arabia
7.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.7.2. South Africa
7.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
7.7.3. UAE
7.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Market Participant Categorization
8.2.1. Dow, Inc.
8.2.1.1. Company overview
8.2.1.2. Financial performance
8.2.1.3. Product benchmarking
8.2.1.4. Strategic initiatives
8.2.2. SABIC
8.2.2.1. Company overview
8.2.2.2. Financial performance
8.2.2.3. Product benchmarking
8.2.2.4. Strategic initiatives
8.2.3. Eastman Chemical Company
8.2.3.1. Company overview
8.2.3.2. Financial performance
8.2.3.3. Product benchmarking
8.2.3.4. Strategic initiatives
8.2.4. Celanese Corporation
8.2.4.1. Company overview
8.2.4.2. Financial performance
8.2.4.3. Product benchmarking
8.2.4.4. Strategic initiatives
8.2.5. Covestro AG
8.2.5.1. Company overview
8.2.5.2. Financial performance
8.2.5.3. Product benchmarking
8.2.5.4. Strategic initiatives
8.2.6. Rutland Plastics
8.2.6.1. Company overview
8.2.6.2. Financial performance
8.2.6.3. Product benchmarking
8.2.6.4. Strategic initiatives
8.2.7. Evonik Industries AG
8.2.7.1. Company overview
8.2.7.2. Financial performance
8.2.7.3. Product benchmarking
8.2.7.4. Strategic initiatives
8.2.8. Sumitomo Chemical Co., Ltd.
8.2.8.1. Company overview
8.2.8.2. Financial performance
8.2.8.3. Product benchmarking
8.2.8.4. Strategic initiatives
8.2.9. Arkema
8.2.9.1. Company overview
8.2.9.2. Financial performance
8.2.9.3. Product benchmarking
8.2.9.4. Strategic initiatives
8.2.10. INEOS Group
8.2.10.1. Company overview
8.2.10.2. Financial performance
8.2.10.3. Product benchmarking
8.2.10.4. Strategic initiatives
List of Tables
Table 1 List of abbreviations
Table 2 North America medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 3 North America medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 4 North America medical injection molded plastic market, by region, 2018-2030 (USD Million, Kilo Tons)
Table 5 U.S. medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 6 U.S. medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 7 Canada medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 8 Canada medical injection molded plastic market, by application, 2018-2030 (USD Million)
Table 9 Mexico medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 10 Mexico medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 11 Europe medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 12 Europe medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 13 Europe medical injection molded plastic market, by region, 2018-2030 (USD Million, Kilo Tons)
Table 14 Germany medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 15 Germany medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 16 UK medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 17 UK medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 18 France medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 19 France medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 20 Italy medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 21 Italy medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 22 Spain medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 23 Spain medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 24 Poland medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 25 Poland medical injection molded plastic market, by application, (USD Million, Kilo Tons) 2018-2030
Table 26 Netherlands medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 27 Netherlands medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 28 Asia Pacific medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 29 Asia Pacific medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 30 Asia Pacific medical injection molded plastic market, by region, 2018-2030 (USD Million, Kilo Tons)
Table 31 China medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 32 China medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 33 Japan medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 34 Japan medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 35 India medical injection molded plastic market, by product, 2018-2030 (USD Million)
Table 36 India medical injection molded plastic market, by application, 2018-2030 (USD Million)
Table 37 Australia medical injection molded plastic market, by application, 2018-2030 (USD Million)
Table 38 Australia medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 39 Thailand medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 40 Thailand medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 41 South Korea medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 42 South Korea medical injection molded plastic market, by application, (USD Million, Kilo Tons) 2018-2030
Table 43 Indonesia medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 44 Indonesia medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 45 Malaysia medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 46 Malaysia medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 47 Central & South America medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 48 Central & South America medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 49 Central & South America medical injection molded plastic market, by region, 2018-2030 (USD Million, Kilo Tons)
Table 50 Brazil medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 51 Brazil medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 52 Argentina medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 53 Argentina medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 54 Middle East and Africa medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 55 Middle East and Africa medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 56 Middle East and Africa medical injection molded plastic market, by region, 2018-2030 (USD Million, Kilo Tons)
Table 57 South Africa medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 58 South Africa medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 59 Saudi Arabia medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 60 Saudi Arabia medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
Table 61 UAE medical injection molded plastic market, by product, 2018-2030 (USD Million, Kilo Tons)
Table 62 UAE medical injection molded plastic market, by application, 2018-2030 (USD Million, Kilo Tons)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Medical injection molded plastic: Market outlook
Fig. 9 Medical injection molded plastic: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Medical injection molded plastic market driver impact
Fig. 15 Medical injection molded plastic market restraint impact
Fig. 16 Medical injection molded plastic market strategic initiatives analysis
Fig. 17 Medical injection molded plastic market: Product movement analysis
Fig. 18 Medical injection molded plastic market: Product outlook and key takeaways
Fig. 19 Polypropylene (PP) market estimates and forecasts, 2018-2030
Fig. 20 Acrylonitrile butadiene styrene (ABS) market estimates and forecasts, 2018-2030
Fig. 21 Polyethylene (PE) market estimates and forecasts, 2018-2030
Fig. 22 Polystyrene (PS) market estimates and forecasts, 2018-2030
Fig. 23 Polycarbonate (PC) market estimates and forecasts, 2018-2030
Fig. 24 Others market estimates and forecasts, 2018-2030
Fig. 25 Medical injection molded plastic market: Application movement analysis
Fig. 26 Medical injection molded plastic market: Application outlook and key takeaways
Fig. 27 Medical components market estimates and forecasts, 2018-2030
Fig. 28 Implants market estimates and forecasts, 2018-2030
Fig. 29 Cleanroom supplies market estimates and forecasts, 2018-2030
Fig. 30 Mobility aids market estimates and forecasts, 2018-2030
Fig. 31 Others market estimates and forecasts, 2018-2030
Fig. 32 Global medical injection molded plastic market: Regional movement analysis
Fig. 33 Global medical injection molded plastic market: Regional outlook and key takeaways
Fig. 34 North America market estimates and forecasts, 2018-2030
Fig. 35 U.S. market estimates and forecasts, 2018-2030
Fig. 36 Canada market estimates and forecasts, 2018-2030
Fig. 37 Mexico market estimates and forecasts, 2018-2030
Fig. 38 Europe market estimates and forecasts, 2018-2030
Fig. 39 UK market estimates and forecasts, 2018-2030
Fig. 40 Germany market estimates and forecasts, 2018-2030
Fig. 41 France market estimates and forecasts, 2018-2030
Fig. 42 Italy market estimates and forecasts, 2018-2030
Fig. 43 Spain market estimates and forecasts, 2018-2030
Fig. 44 Poland market estimates and forecasts, 2018-2030
Fig. 45 Netherlands market estimates and forecasts, 2018-2030
Fig. 46 Asia Pacific market estimates and forecasts, 2018-2030
Fig. 47 Japan market estimates and forecasts, 2018-2030
Fig. 48 China market estimates and forecasts, 2018-2030
Fig. 49 India market estimates and forecasts, 2018-2030
Fig. 50 Australia market estimates and forecasts, 2018-2030
Fig. 51 Thailand market estimates and forecasts, 2018-2030
Fig. 52 South Korea market estimates and forecasts, 2018-2030
Fig. 53 Indonesia market estimates and forecasts, 2018-2030
Fig. 54 Malaysia market estimates and forecasts, 2018-2030
Fig. 55 Central & South America market estimates and forecasts, 2018-2030
Fig. 56 Brazil market estimates and forecasts, 2018-2030
Fig. 57 Argentina market estimates and forecasts, 2018-2030
Fig. 58 Middle East and Africa market estimates and forecasts, 2018-2030
Fig. 59 Saudi Arabia market estimates and forecasts, 2018-2030
Fig. 60 South Africa market estimates and forecasts, 2018-2030
Fig. 61 UAE market estimates and forecasts, 2018-2030

Companies Mentioned

  • Dow, Inc.
  • SABIC
  • Eastman Chemical Company
  • Celanese Corporation
  • Covestro AG
  • Rutland Plastics
  • Evonik Industries AG
  • Sumitomo Chemical Co., Ltd.
  • Arkema
  • INEOS Group

Methodology

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Table Information

Report AttributeDetails
No. of Pages122
PublishedOctober 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 25.64 Billion
Forecasted Market Value ( USD ) by 2030 $ 37.61 Billion
Compound Annual Growth Rate4.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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