Global Medical Injection Molded Plastic Market Size & Outlook

The medical injection molded plastic industry worldwide is expected to reach a projected revenue of US$ 37,609.3 million by 2030. A compound annual growth rate of 4.9% is expected of the worldwide medical injection molded plastic industry from 2023 to 2030.
Revenue, 2022 (US$M)
$25,640.6
Forecast, 2030 (US$M)
$37,609.3
CAGR, 2023 - 2030
4.9%
Report Coverage
Worldwide

Global medical injection molded plastic market highlights

  • The global medical injection molded plastic market generated a revenue of USD 25,640.6 million in 2022 and is expected to reach USD 37,609.3 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 4.9% by 2030.
  • In terms of segment, polypropylene (pp) accounted for a revenue of USD 8,726.5 million in 2022.
  • Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 25,640.6 million
Market revenue in 2030USD 37,609.3 million
Growth rate4.9% (CAGR from 2022 to 2030)
Largest segmentPolypropylene (pp)
Fastest growing segmentPolypropylene (PP)
Historical data covered2019 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC)

Other key industry trends

  • In terms of revenue, the North America accounted for 41.4% of the global medical injection molded plastic market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Spain is the fastest growing regional market and is projected to reach USD 443.9 million by 2030.

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Medical Injection Molded Plastic Market Companies

Name Profile # Employees HQ Website

Global medical injection molded plastic market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical injection molded plastic market will help companies and investors design strategic landscapes.


Polypropylene (pp) was the largest segment with a revenue share of 34.03% in 2022. Horizon Databook has segmented the Global medical injection molded plastic market based on polypropylene (pp), acrylonitrile butadiene styrene (abs), polyethylene (pe), polystyrene (ps), polycarbonate (pc) covering the revenue growth of each sub-segment from 2019 to 2030.


  • Global Medical Injection Molded Plastic Product Outlook (Revenue, USD Million, 2019-2030)
    • Polypropylene (PP)
    • Acrylonitrile Butadiene Styrene (ABS)
    • Polyethylene (PE)
    • Polystyrene (PS)
    • Polycarbonate (PC)
    • Others
  • Global Medical Injection Molded Plastic Application Outlook (Revenue, USD Million, 2019-2030)
    • Medical Components
    • Implants
    • Cleanroom Supplies
    • Mobility Aids
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical injection molded plastic market , including forecasts for subscribers. This global databook contains high-level insights into Global medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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Global medical injection molded plastic market size, by regions, 2019-2030 (US$M)

Top 10 countries: Medical injection molded plastic market size, 2022 (US$M)

Global medical injection molded plastic market share, by product, 2022 & 2030 (%, US$M)

Medical injection molded plastic market: Opportunity assessment by country

Global medical injection molded plastic market, by region, 2022 (US$M)

Global medical injection molded plastic market size, by regions, 2019-2030 (US$M)

Product 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 8,886.8 9,170.4 9,901.0 10,617.3 11,594.0 12,218.9 12,899.9 13,156.3 13,689.9 14,246.2 14,908.0 15,641.7 5.0%
Europe 5,490.3 5,652.7 6,089.1 6,514.8 7,098.0 7,463.6 7,861.7 7,999.7 8,305.3 8,623.2 9,003.2 9,424.9 4.7%
Asia Pacific 4,845.4 5,014.3 5,429.3 5,838.7 6,394.1 6,758.0 7,155.1 7,318.1 7,636.7 7,969.8 8,363.9 8,800.6 5.3%
Latin America 926.5 951.7 1,022.7 1,091.6 1,186.5 1,244.7 1,307.9 1,327.7 1,375.2 1,424.4 1,483.7 1,549.5 4.5%
MEA 1,347.9 1,381.7 1,481.8 1,578.2 1,711.5 1,791.1 1,877.4 1,900.9 1,963.4 2,027.9 2,106.0 2,192.6 4.2%
Overall 21,496.9 22,170.7 23,923.8 25,640.6 27,984.1 29,476.2 31,102.0 31,702.8 32,970.6 34,291.5 35,864.8 37,609.3 4.9%

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