Medical Injection Moulding Machinery Market: By Product Type, System Type, By Material Type, By Machine Size, By Application, and Geography
Medical Injection Moulding Machinery Market size was valued at US$ 2,289.3 million in 2023 and is poised to grow at 4.9% CAGR from 2024-2030. Medical injection moulding machinery is all kinds of machinery used in the manufacture of medical components and devices by injecting molten plastic or other material into a mould. The process is important in making a wide variety of medical products, such as syringes, surgical instruments, implants, and other devices that demand high precision and consistency with sterility. Innovations in injection moulding technology, such as micro-injection moulding and multi-material moulding, allow to produce more complex and miniaturized medical components, enhancing market growth.
Additionally, the need for compliance with stringent regulatory standards, such as ISO 13485, pushes manufacturers to adopt advanced injection moulding machinery that ensures product quality and safety. However, the significant capital investment required for advanced medical injection moulding machinery can be a barrier for small and medium-sized enterprises (SMEs).Furthermore, the trend toward personalized medicine and customized medical devices creates opportunities for manufacturers to develop specialized injection moulding machinery capable of producing tailored products.
Study Period
2024-2030Base Year
2023CAGR
4.9%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The escalating demand for medical devices, driven mainly by the increasing rate of chronic diseases, an aging population, and expanding healthcare services on a worldwide scale, is the major driving factor for the Medical Injection Moulding Machinery market.
According to the World Health Organization, WHO, the world's population is now 1 billion aged 60 years and above, and it is projected to be 2.1 billion by 2050. The increasing numbers in the population demography have, in effect, triggered a surge in demand for medical devices, especially those concerning elderly care. It was indicated, as an indicator of this, that there is a gradual increase in the number of approvals of medical devices by the U.S. Food and Drug Administration (FDA), for instance, 106 Pre-Market Approval (PMAs) granted in 2022.
Based on the region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The market is dominated by North America, due to the well-developed health infrastructure in North America, especially in the United States of America, is always demanding medical devices and, indirectly, medical injection molding machinery. Being a leader in medical R&D, the demand for specialized machinery in the USA is high, producing innovations at an unimaginable rate. The stern approval process by the FDA time and again makes sure that a manufacturer in the region keeps updating its machinery to meet quality standards.
The U.S. government budgets tremendously huge amounts for healthcare. For instance, in 2022, the National Institutes of Health was supposed to receive about $45 billion, which by extension supports the industry for medical devices.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 2,289.3 million |
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Market CAGR |
4.9% |
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By Product Type |
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By Material Type |
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By Machine Size |
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By Application |
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Medical injection moulding machinery market size was valued US$ 2,289.3 million in 2023 and expected to grow at a CAGR of 4.9% from 2024-2030.
The increasing demand for medical devices, driven by the rise in chronic diseases and the aging population, is a major driver.
North America leads the market due to its established healthcare infrastructure, high R&D investment, and regulatory support.
Recent developments include FDA approvals, new product launches by companies like Arburg, and acquisitions such as Husky's purchase of Schöttli.
Emerging markets and the trend toward personalized medicine offer significant growth opportunities.
| 1. Executive Summary |
| 2. Global Medical Injection Moulding Machinery Market Introduction |
| 2.1. Global Medical Injection Moulding Machinery Market - Taxonomy |
| 2.2. Global Medical Injection Moulding Machinery Market - Definitions |
| 2.2.1. Product Type |
| 2.2.2. System Type |
| 2.2.3. Material Type |
| 2.2.4. Machine Size |
| 2.2.5. Application |
| 2.2.6. Region |
| 3. Global Medical Injection Moulding Machinery Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Key Developments |
| 4. Global Medical Injection Moulding Machinery Market By Product Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 4.1. Hydraulic |
| 4.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 4.1.3. Market Opportunity Analysis |
| 4.2. Electric |
| 4.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 4.2.3. Market Opportunity Analysis |
| 4.3. Hybrid |
| 4.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 4.3.3. Market Opportunity Analysis |
| 5. Global Medical Injection Moulding Machinery Market By System Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Hot Runner |
| 5 1 1 Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Cold Runner |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Medical Injection Moulding Machinery Market By Material Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Plastics |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Metals |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Medical Injection Moulding Machinery Market By Machine Size, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Upto 10 Ton |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. 10 to 100 Ton |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. 101 to 500 Ton |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. > 500 Ton |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Medical Injection Moulding Machinery Market, By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Medical Equipment Components |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Consumables |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Patient Aids |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Orthopedics Instruments |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Dental Products |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Others |
| 8.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.6.3. Market Opportunity Analysis |
| 9. Global Medical Injection Moulding Machinery Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific |
| 9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Latin America |
| 9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. MEA |
| 9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 9.6. Global Medical Injection Moulding Machinery Market - Opportunity Analysis Index, By System Type, Product Type, Material Type, Machine Size, Application, and Region, 2023-2029 |
| 10. North America Medical Injection Moulding Machinery Market, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Hydraulic |
| 10.1.2. Electric |
| 10.1.3. Hybrid |
| 10.2. System Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Hot Runner |
| 10.2.2. Cold Runner |
| 10.3. Material Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Plastics |
| 10.3.2. Metals |
| 10.3.3. Others |
| 10.4. Machine Size Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1. Upto 10 Ton |
| 10.4.2. 10 to 100 Ton |
| 10.4.3. 101 to 500 Ton |
| 10.4.4. > 500 Ton |
| 10.5. Application Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1. Medical Equipment Components |
| 10.5.2. Consumables |
| 10.5.3. Patient Aids |
| 10.5.4. Orthopedics Instruments |
| 10.5.5. Dental Products |
| 10.5.6. Others |
| 10.6. Country Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.6.1. USA |
| 10.6.2. Canada |
| 11. Europe Medical Injection Moulding Machinery Market, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Hydraulic |
| 11.1.2. Electric |
| 11.1.3. Hybrid |
| 11.2. System Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Hot Runner |
| 11.2.2. Cold Runner |
| 11.3. Material Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Plastics |
| 11.3.2. Metals |
| 11.3.3. Others |
| 11.4. Machine Size Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1. Upto 10 Ton |
| 11.4.2. 10 to 100 Ton |
| 11.4.3. 101 to 500 Ton |
| 11.4.4. > 500 Ton |
| 11.5. Application Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1. Medical Equipment Components |
| 11.5.2. Consumables |
| 11.5.3. Patient Aids |
| 11.5.4. Orthopedics Instruments |
| 11.5.5. Dental Products |
| 11.5.6. Others |
| 11.6. Country Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.6.1. Germany |
| 11.6.2. France |
| 11.6.3. Italy |
| 11.6.4. Spain |
| 11.6.5. UK |
| 11.6.6. Rest of Europe |
| 12. Asia Pacific Medical Injection Moulding Machinery Market, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Hydraulic |
| 12.1.2. Electric |
| 12.1.3. Hybrid |
| 12.2. System Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Hot Runner |
| 12.2.2. Cold Runner |
| 12.3. Material Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Plastics |
| 12.3.2. Metals |
| 12.3.3. Others |
| 12.4. Machine Size Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1. Upto 10 Ton |
| 12.4.2. 10 to 100 Ton |
| 12.4.3. 101 to 500 Ton |
| 12.4.4. > 500 Ton |
| 12.5. Application Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1. Medical Equipment Components |
| 12.5.2. Consumables |
| 12.5.3. Patient Aids |
| 12.5.4. Orthopedics Instruments |
| 12.5.5. Dental Products |
| 12.5.6. Others |
| 12.6. Country Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.6.1. China |
| 12.6.2. Japan |
| 12.6.3. South Korea |
| 12.6.4. India |
| 12.6.5. Rest of APAC |
| 13. Latin America Medical Injection Moulding Machinery Market, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Product Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Hydraulic |
| 13.1.2. Electric |
| 13.1.3. Hybrid |
| 13.2. System Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Hot Runner |
| 13.2.2. Cold Runner |
| 13.3. Material Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Plastics |
| 13.3.2. Metals |
| 13.3.3. Others |
| 13.4. Machine Size Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1. Upto 10 Ton |
| 13.4.2. 10 to 100 Ton |
| 13.4.3. 101 to 500 Ton |
| 13.4.4. > 500 Ton |
| 13.5. Application Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1. Medical Equipment Components |
| 13.5.2. Consumables |
| 13.5.3. Patient Aids |
| 13.5.4. Orthopedics Instruments |
| 13.5.5. Dental Products |
| 13.5.6. Others |
| 13.6. Country Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.6.1. Brazil |
| 13.6.2. Mexico |
| 13.6.3. Argentina |
| 13.6.4. Rest of Latin America |
| 14. MEA Medical Injection Moulding Machinery Market, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 14.1. Product Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1. Hydraulic |
| 14.1.2. Electric |
| 14.1.3. Hybrid |
| 14.2. System Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1. Hot Runner |
| 14.2.2. Cold Runner |
| 14.3. Material Type Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1. Plastics |
| 14.3.2. Metals |
| 14.3.3. Others |
| 14.4. Machine Size Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1. Upto 10 Ton |
| 14.4.2. 10 to 100 Ton |
| 14.4.3. 101 to 500 Ton |
| 14.4.4. > 500 Ton |
| 14.5. Application Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1. Medical Equipment Components |
| 14.5.2. Consumables |
| 14.5.3. Patient Aids |
| 14.5.4. Orthopedics Instruments |
| 14.5.5. Dental Products |
| 14.5.6. Others |
| 14.6. Country Analysis, 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.6.1. GCC Countries |
| 14.6.2. South Africa |
| 14.6.3. Rest of MEA |
| 15. Competition Landscape |
| 15.1. Strategic Dashboard of Top Market Players |
| 15.2. Company Profiles (Introduction, Financial Analysis, By Product Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 15.2.1. Sumitomo (SHI) Demag Plastics Machinery GmbH |
| 15.2.2. Milacron MSA |
| 15.2.3. Engel Machinery India Pvt. Ltd. |
| 15.2.4. Husky Injection Molding Systems Ltd |
| 15.2.5. Arburg GmbH + Co KG |
| 15.2.6. HARBEC |
| 15.2.7. Metro Mold & Design |
| 15.2.8. Proto Labs, Ltd. |
| 15.2.9. AMS Micromedical, LLC |
| 15.2.10. The Japan Steel Works, Ltd. |
| 15.2.11. KraussMaffei Group |
| 15.2.12. UBE Machinery |
| 15.2.13. Toshiba Machine Co., Ltd. |
| 15.2.14. Wittmann Battenfeld |
| 15.2.15. Netstal |
| 16. Research Methodology |
| 17. Key Assumptions and Acronyms |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
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