Medical Injection Molding Machine Market size is anticipated to reach USD 2.61 billion by 2030
Medical Injection Molding Machine Industry Overview The global medical injection molding machine market size was estimated at USD 1.75 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2030. The increasing demand for medical disposables, technological developments, and rising plastics usage in healthcare applications are driving the industry growth for medical injection molding machines. The number of hospital visits and hospitalizations has increased manifold since the advent of the COVID-19 pandemic. This has led to an increase in demand for emergency room products, MRI products, drug delivery systems, and surgical devices, among other devices used in hospitals. With the resurgence of the third wave, the demand for medical devices is expected to further witness a rise, thereby driving the industry growth for these machines. Gather more insights about the market drivers, restrains and growth of the Global Med...