From GlobeNewswire: 2025-04-24 09:57:00

The medical injection molding market is growing due to increased demand for medical devices and advancements in molding technologies. The market is expected to reach $10.80 billion by 2031 with a CAGR of 5.3% from 2025-2031. North America led the market in 2023, followed by Europe and Asia Pacific. Various technological advancements, such as multi-material molding, micro-injection molding, and hot runner systems, are driving the growth in the medical injection molding market. Companies are focusing on sustainable manufacturing, automation, 3D printing, and energy efficiency to meet the growing demand for medical devices. Key players include Aberdeen Technologies Inc, Husky Technologies, The Rodon Group, and Proto Labs.

The rise in demand for medical devices, including needles, surgery gear, and testing equipment, is fueling the growth of the medical injection molding market. By 2030, one in six people worldwide will be 60 or older, leading to an increased need for healthcare tools. The shift towards disposable medical items, such as needles and IV kits, is driving the demand for injection molding. Advanced technologies like micro-injection molding are used to create precise parts for medical devices, contributing to market expansion.

Companies like Medtronic and Johnson & Johnson are leveraging technologies like multi-material injection molding to create complex medical devices. Micro-injection molding is revolutionizing the production of tiny medical parts, while hot runner systems are reducing material waste and production time. These advancements help meet the demand for high-quality medical devices and improve production efficiency in the medical device sector.

In conclusion, the medical injection molding market is experiencing growth driven by the demand for cost-effective, high-quality medical devices. Advancements in molding technologies are enabling the production of precise components for various medical applications. Stakeholders can leverage insights from reports to navigate the evolving market landscape and unlock new opportunities. Key trends include sustainable manufacturing, automation, 3D printing, and energy efficiency in injection molding.



Read more at GlobeNewswire: Medical Injection Molding Market Size to Hit USD 10.80