Profound Investments in Medical, Healthcare Industry Result in Soaring Demand for Newer Curative Materials

Published By : 11 Mar 2016 | Published By : QYRESEARCH

First developed in the 1970s, metal injection moldings have undergone a radical change since then. These moldings have penetrated into range of important markets that range from aerospace and 3C industries to automotive to firearms to medical injections et al. The manufacture of metal injection moldings involves mixing of powder metals with a binding agent such as plastic. Following this, using a plastic injection molding equipment the resultant liquid is injected into molds, which when treated with pressure and temperature converts into molded matter.

There are few reasons for the gaining prominence of powder molding injection technology. The molding processors that are delivered using this technology need to meet QS 9000 and ISO 9002 certifications. Both metal and ceramic injection molding are part of powder injection molding (PIM) technology. 

The reasons for the need of powder injection molding are a few. Firstly, the need to develop miniature components for industrial use and the need to develop high-performance materials to be used across a large number of applications are reasons for the same. These molds are utilizable to manufacture minuscule medical parts, which are further used for medical treatments and procedures.

The technology for powder molding injections find extensive utilization in the medical and healthcare arena for the manufacture of several components. 
Increasing investments in the medical and healthcare industry will bolster the demand for metal and ceramic injection moldings. The progression of the electronics and defense sectors is also resulting in increased demand for metal and ceramic moldings. North America is the largest market for moldings made of metal or ceramic. 

The various metals that are used in molding processes are titanium alloys, low-alloy steel, soft magnetic alloys, and stainless steels. In the MIM industry, stainless steel is extensively used and accounts for almost half of the global production of MIM. Components that are produced using either MIM or CIM technology are in the range from 0.002 g to more than 100g. 

Some top companies that are involved in the manufacture of metal and ceramic injection moldings are Advanced Materials Technologies Pvt Ltd., ARC Group Worldwide Inc., and Plansee Holding AG among others.

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