Market revenue in 2022 | USD 10,617.3 million |
Market revenue in 2030 | USD 15,641.7 million |
Growth rate | 5% (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 |
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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 35.32% in 2022. Horizon Databook has segmented the North America 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.
The increasing per capita healthcare spending in the form of health insurance in the U.S. has been one of the major trends impacting the market in North America. This is expected to augment the demand for generic drugs as well as medical devices, thereby driving North America medical injection molded plastics market over the forecast period.
Key medical applications include diagnostic drug kits, surgical consumables, drug delivery products, and others. Rising demand for medical injection molded plastics in medical industry owing to the rapid growth of population and increased healthcare spending in North America are further expected to drive the medical injection molded plastics market in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America medical injection molded plastic market , including forecasts for subscribers. This continent databook contains high-level insights into North America medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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