Advertisement
Singapore markets closed

  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • Dow

    38,503.69
    +263.71 (+0.69%)
     

  • Nasdaq

    15,696.64
    +245.33 (+1.59%)
     

  • Bitcoin USD

    66,411.85
    +442.58 (+0.67%)
     

  • CMC Crypto 200

    1,439.19
    +15.09 (+1.06%)
     

  • FTSE 100

    8,083.24
    +38.43 (+0.48%)
     

  • Gold

    2,335.40
    -6.70 (-0.29%)
     

  • Crude Oil

    83.18
    -0.18 (-0.22%)
     

  • 10-Yr Bond

    4.6500
    +0.0520 (+1.13%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     

  • Jakarta Composite Index

    7,174.53
    +63.72 (+0.90%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Global Medical Injection Molding Machines Market to Reach $1.12 Billion by 2030: AMR

Allied Market Research
·4-min read

Rapid development of the medical device industry, bulk production in medical injection molding machines at low labor costs, and low waste generation due to material flexibility drive the growth of the global medical injection molding machines market. However, as the number of Covid-19 cases has decreased and vaccination drives have taken place, the injection molding machines companies will re-initiate the business at their full-scale capacities.

Portland, OR, Oct. 27, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global medical injection molding machines market was pegged at $685.9 million in 2020, and is expected to reach $1.12 billion by 2030, growing at a CAGR of 4.8% from 2021 to 2030.

Rapid development of the medical device industry, bulk production in medical injection molding machines at low labor costs, and low waste generation due to material flexibility drive the growth of the global medical injection molding machines market. However, rise in trade war among countries and fluctuations in foreign currencies hinder the market growth. On the contrary, rapid advancements in technology are expected to open new opportunities for the market players in the future.

Download Sample PDF (461 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/14099

Covid-19 scenario:

  • The Covid-19 pandemic halted the business of medical injection molding machines due to changes in their investment plans. Moreover, the lockdown across several regions disrupted the supply chain and increased the prices of raw materials.

  • However, as the number of Covid-19 cases has decreased and vaccination drives have taken place, the injection molding machines companies will re-initiate the business at their full-scale capacities.

ADVERTISEMENT

The report segments the global medical injection molding machines market on the basis of material, application, machine type, mode of operation, clamping force, and region.

Get detailed COVID-19 impact analysis on the Medical Injection Molding Machines Market Request Here

Based on material, the polyethylene segment held the largest share in 2020, accounting for around one-third of the market. However, the cyclic olefin copolymer segment is projected to register the highest CAGR of 6.1% during the forecast period.

On the basis of application, the medical equipment segment held the largest share in 2020, contributing to more than one-fourth of the market. However, the surgery segment is estimated to manifest the highest CAGR of 5.7% from 2021 to 2030.

The global medical injection molding machines market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the lion’s share in 2020, accounting for nearly half of the market. However, the market across LAMEA is anticipated to portray the highest CAGR of 5.7% during the forecast period.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/14099

Top Companies:

The global medical injection molding machines market report includes an in-depth analysis of the prime market players such as ARBURG GmbH, BOLE Machinery, China National Chemical Corporation Ltd., ENGEL, Haitian International Holding Limited, Husky Injection Molding Systems Ltd., Hillenbrand Inc., Shibaura Machine Co. Ltd., Sumitomo Heavy Industries, Ltd., and The Japan Steel Works, Ltd.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

Similar Reports:

Plastics Processing Machinery Market - Global Opportunity Analysis and Industry Forecast, 2021-2028

Metal Polish Market - Global Opportunity Analysis and Industry Forecast, 2019-2026

Electric Heating Equipment Market - Global Opportunity Analysis and Industry Forecast, 2020–2027

Metal Cutting Tool Market - Global Opportunity Analysis and Industry Forecast, 2020–2027


Metal folding machine market - Global Opportunity Analysis and Industry Forecast, 2020–2027

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn