Europe Medical Injection Molded Plastic Market Size & Outlook
Europe medical injection molded plastic market, 2019-2030 (US$M)
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Europe medical injection molded plastic market highlights
- The Europe medical injection molded plastic market generated a revenue of USD 6,514.8 million in 2022.
- The market is expected to grow at a CAGR of 4.7% from 2023 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2022.
- Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 6,514.8 million |
| Market revenue in 2030 | USD 9,424.9 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC) |
| Key market players worldwide | Dow Inc, SABIC, Eastman Chemical Co, Covestro AG, Evonik Industries AG, Sumitomo Chemical Co Ltd, Arkema SA, INEOS, Rutland Plastic Technologies |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.4% of the global medical injection molded plastic market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,800.6 million by 2030.
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Medical Injection Molded Plastic Market Scope
Medical Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 33.52% in 2022. Horizon Databook has segmented the Europe 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.
Increasing geriatric population and the rising occurrence of chronic diseases in the country are expected to boost the demand for medical devices, in turn, driving the demand for injection molded plastics in equipment manufacturing over the forecast period.
Increasing government investment in healthcare industry and growing home healthcare industry are anticipated to drive the demand for medical devices, which, in turn, is expected to have a positive influence on the medical injection molded plastics market in Europe over the forecast period.
Injection molded plastics are widely used in medical industry for manufacturing various products such as catheters, prosthetic legs, orthopedic implants, denture applications, and tubing applications, among others. Injection molded plastics are used for manufacturing implants in various skin grafting surgeries such as reduction, augmentation, and corrective.
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Our clientele includes a mix of medical injection molded plastic market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical injection molded plastic market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe medical injection molded plastic market size, by country, 2019-2030 (US$M)
Europe Medical Injection Molded Plastic Market Outlook Share, 2022 & 2030 (US$M)
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