Canada Medical Injection Molding Machine Market Size & Outlook

The medical injection molding machine market in Canada is expected to reach a projected revenue of US$ 99.0 million by 2030. A compound annual growth rate of 4.4% is expected of Canada medical injection molding machine market from 2024 to 2030.
Revenue, 2023 (US$M)
$73.5
Forecast, 2030 (US$M)
$99.0
CAGR, 2024 - 2030
4.3%
Report Coverage
Canada

Canada medical injection molding machine market, 2017-2030 (US$M)

Canada

Canada medical injection molding machine market highlights

  • The Canada medical injection molding machine market generated a revenue of USD 73.5 million in 2023 and is expected to reach USD 99.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
  • In terms of segment, electric was the largest revenue generating product in 2023.
  • Hybrid is the most lucrative product segment registering the fastest growth during the forecast period.

Medical injection molding machine market data book summary

Market revenue in 2023USD 73.5 million
Market revenue in 2030USD 99.0 million
Growth rate4.4% (CAGR from 2023 to 2030)
Largest segmentElectric
Fastest growing segmentHybrid
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHydraulic, Electric, Hybrid
Key market players worldwideSumitomo Corp, Proto Labs Inc, The Japan Steel Works Ltd, Ube Corp, Hillenbrand Inc, Milacron India, Husky Injection Molding Systems, Arburg, Harbec, AMS Micromedical, Toshiba Machine, WITTMANN

Other key industry trends

  • In terms of revenue, Canada accounted for 3.9% of the global medical injection molding machine market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. medical injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 66.5 million by 2030.

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Medical Injection Molding Machine Market Scope

Medical injection molding machine market segmentation & scope

Medical Injection Molding Machine Market Companies

Name Profile # Employees HQ Website

Canada medical injection molding machine 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 molding machine market will help companies and investors design strategic landscapes.


Electric was the largest segment with a revenue share of 44.76% in 2023. Horizon Databook has segmented the Canada medical injection molding machine market based on hydraulic, electric, hybrid covering the revenue growth of each sub-segment from 2017 to 2030.


  • Canada Medical Injection Molding Machine Product Outlook (Revenue, USD Million, 2017-2030)
    • Hydraulic
    • Electric
    • Hybrid
  • Canada Medical Injection Molding Machine System Outlook (Revenue, USD Million, 2017-2030)
    • Hot Runner
    • Cold Runner
  • Canada Medical Injection Molding Machine Material Outlook (Revenue, USD Million, 2017-2030)
    • Plastics
    • Metal
    • Others

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  • Our clientele includes a mix of medical injection molding machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada medical injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Canada medical injection molding machine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Canada medical injection molding machine market size, by product, 2017-2030 (US$M)

Canada Medical Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)

Canada medical injection molding machine market size, by product, 2017-2030 (US$M)

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