North America Medical Injection Molded Plastic Market Size & Outlook

The medical injection molded plastic market in North America is expected to reach a projected revenue of US$ 15,641.7 million by 2030. A compound annual growth rate of 5% is expected of North America medical injection molded plastic market from 2023 to 2030.
Revenue, 2022 (US$M)
$10,617.3
Forecast, 2030 (US$M)
$15,641.7
CAGR, 2023 - 2030
5%
Report Coverage
North America

North America medical injection molded plastic market highlights

  • The North America medical injection molded plastic market generated a revenue of USD 10,617.3 million in 2022.
  • The market is expected to grow at a CAGR of 5% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.


North America data book summary

Market revenue in 2022USD 10,617.3 million
Market revenue in 2030USD 15,641.7 million
Growth rate5% (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)
Key market players worldwideDow 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, North America region accounted for 41.4% 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 Companies

Name Profile # Employees HQ Website

North America 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 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.

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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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North America medical injection molded plastic market size, by country, 2019-2030 (US$M)

North America Medical Injection Molded Plastic Market Outlook Share, 2022 & 2030 (US$M)

North America medical injection molded plastic market size, by country, 2019-2030 (US$M)

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