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Micro injection molding is usually reserved for parts that weigh less than a milligram and are less than 1mm in length and is centered around medical and healthcare applications.
Scope of the Report:
The classification of medical micro injection molding includes PE, PVC, PEEK and other materials, and the proportion of PE in 2016 is about 33%, and the proportion is in decreasing trend from 2012 to 2016.
North America is the largest consumption place, with a consumption market share nearly 46% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 28%.
Market competition is intense. SMC, BMP Medical, Stamm AG, MicroPEP, MTD Micro Molding, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The global Medical Micro Injection Molding market is valued at 200 million USD in 2018 and is expected to reach 370 million USD by the end of 2024, growing at a CAGR of 11.0% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Medical Micro Injection Molding.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Medical Micro Injection Molding market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Medical Micro Injection Molding market by product type and applications/end industries.
Market Segment by Companies, this report covers
- SMC
- BMP Medical
- Stamm AG
- MicroPEP
- MTD Micro Molding
- PEXCO
- Sovrin Plastics
- Accumold
- Microsystems
- Mikrotech
- Kamek Precision Tools
- Makuta Technics
- Stack Plastics
- Precimold
- American Precision Products
- Rapidwerks
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- PEEK
- PVC
- PE
- Others
Market Segment by Applications, can be divided into
- Diagnostic Devices
- Therapeutic Devices