Medical Molding

There are about 10,000 kinds of medical devices and 34 categories, such as health care equipment and polymer plastic products, which also belongs to them. Almost all parts involve mold. Large to high-pressure oxygen chamber, small to hearing aids, cardiac pacemakers, etc. Precision, ultra-precision molding is pivotal in position polymer composite forming, biological life engineering, medical equipment, and parts production of precision ultra-precision molds.

From 2008 to 2015, Sales revenue of China’s medical device industry increased from 10 billion USD to 50 billion USD according to the driving effect of the mold industry 1:100. The market size of medical device molds in 2015 was 0.5 billion USD. China only accounts for 2% of the global market for medical device molds. The ratio of drug to medical device consumption is only 2.5:1, while that of developed countries is 1:1. Average expenses for each person in the United States are 300 US dollars, while in Chine, only 30 yuan; the potential of medical device mold development can be seen the potential potential potential of medical device mold development.

From the product structure of China’s medical device market in the past three years, imaging diagnostic equipment has occupied the largest market share. It has remained at around 40% in recent years and is still on the rise. Next is various consumables, accounting for about 20% market share. The market share of orthopedic and implantable medical devices continues to decline; dental and other devices occupy the remaining market share. From 2008 to 2015, China’s medical device industry sales revenue increased from 10 billion USD to 50 billion USD.