Synopsis
The global market for Medical MIM Component was estimated to be worth US$ 236 million in 2024 and is forecast to a readjusted size of US$ 342 million by 2031 with a CAGR of 5.5% during the forecast period 2025-2031.
Medical MIM components meet the high precision requirements of medical devices, precision medical device parts need to meet the requirements of small size, high complexity, high mechanical properties, etc., requiring multiple independent parts mechanical cooperation.
Global key players of Medical MIM Component include Indo-MIM, GianMIM, A&T, NBTM New Materials Group, Nippon Piston Ring, etc. The top five players hold a share about 39%. Asia-Pacific is the largest market, and has a share about 60%, followed by North America and Europe with share 22% and 14%, separately. In terms of product type, Stainless Steel is the largest segment, occupied for a share of 23%. In terms of application, Surgical Tools are the largest field with a share about 56 percent.
The medical MIM component market is expected to experience significant growth due to several factors:
Increasing demand for minimally invasive medical devices: MIM components are ideal for creating small, intricate parts used in these devices.
Advancements in MIM technology: Continuous improvements in MIM processes, materials, and equipment are enabling the production of more complex and higher-quality components.
Growing preference for personalized medicine: MIM can be used to create customized implants and devices tailored to individual patient needs.
Rising healthcare costs: MIM components can help reduce costs by enabling the production of more efficient and durable medical devices.
This report aims to provide a comprehensive presentation of the global market for Medical MIM Component, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Medical MIM Component by region & country, by Type, and by Application.
The Medical MIM Component market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical MIM Component.
Market Segmentation
By Company
Indo-MIM
ARC Group
Nippon Piston Ring
Smith Metal Products
Dou Yee Technologies
GianMIM
Pacific Union
Ecrimesa Group
MPP
Epson
Uneec
Tanfel
Parmaco
Dean Group
CN Innovations
OptiMIM (Form Technologies)
GKN Powder Metallurgy
NBTM New Materials Group
Shin Zu Shing
A&T
Segment by Type
Stainless Steel MIM Component
Titanium Alloy MIM Component
Nickel Alloy MIM Component
Other Alloy MIM Component
Segment by Application
Surgical Tools
Orthopedic Implants
Hearing Aid
Dental Implants
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Medical MIM Component company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Medical MIM Component in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Medical MIM Component in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request