The Business Research Company’s Metal And Ceramic Injection Molding Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Metal And Ceramic Injection Molding Global Market Report 2023 evaluates metal and ceramic injection molding market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global metal and ceramic injection molding market size is expected to grow from $3.38 billion in 2022 to $3.77 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size is expected to reach $5.29 billion in 2027 at a CAGR of 8.9%.
Increased demand for minimally invasive cosmetic surgery is expected to propel the growth of the metal and ceramic injection molding market going forward. Minimally invasive surgery is a surgery done via viewing scopes and specially designed surgical instruments that allow surgeons to perform major surgery through several tiny openings without the need for a large incision. The manufacturing of these surgical instruments uses metal and ceramic injection molding technology. For instance, according to a report published by the American Society of Plastic Surgeons (ASPS), an organization of plastic surgery specialty, about 13,281,235 cosmetic minimally invasive surgical procedures were performed in 2020, compared to 2,314,720 surgeries in 2019. Therefore, the increasing preference for minimally invasive procedures will boost demand for metal and ceramic injection molding over the coming years.
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The metal and ceramic injection molding market segments in the report are:
1) By Material: Iron and Steel, Stainless Steel, Copper, Aluminium, Alumina, Zirconia, Other Materials
2) By Distribution Channel: Online Stores, Offline Stores
3) By Applications: Medical and Healthcare, Industrial Machinery, Consumer Products, Automotive, Aerospace, and Other Applications
The table of contents in TBRC’s metal and ceramic injection molding market report includes:
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