Molded Interconnect Devices Market in Healthcare Segment is Expected to Grow Significantly By 2024

The healthcare sector in the molded interconnect devices market is predicted to dominate owing to the growing use of these components in devices such as blood pressure monitors, glucose meters, and oxygen meters that enables improved patient diagnostics. The 3D assemblies of components in medical devices help in enhancing the circuit designs and minimizing the size. These are increasingly being used by dentists and medical pathology labs, thereby driving the MID market growth.

In the molded interconnect devices market, the Laser Direct Structuring (LDS) process segment is anticipated to gain traction over the coming years owing to the ease of processing and low development & tooling costs associated with the manufacturing processes. It consists of a one-step process that integrates plastic creation on the device and enhances the component performance. The molded interconnect devices market is driven by benefits provided by the LDS processes such as the elimination of hazardous chemical pre-treatment and lesser environmental impacts over the legacy processes.

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MIDs have gradually become the prime circuitry solution choice in the automotive and electronics industry, owing to its easy assembling, smaller circuitry. and light weight when compared to conventional PCB circuits. It is prudent to mention that the eco-friendly tag that these devices carry is one of the major factors fueling the molded interconnect devices market growth worldwide. These devices reportedly incorporate thermoplastic materials that are recyclable and do not involve hazardous manufacturing processes.

The rising deployment of circuit boards in electro-mechanical applications has been a pivotal contributor toward molded interconnect devices market growth. MIDs are essentially injection molded plastic parts that consist of conductive circuit patterns that can be used to perform electrical and mechanical functions. MIDs find extensive applications in many industrial sectors ranging from automotive and medical to consumer electronics. In essence, MIDs are being used to downgrade a number of parts on a single integrated chip that would contribute to space-saving and weight reduction – an essential production parameter in the aforementioned sectors.

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European nations have been renowned for their active participation toward ensuring environmental sustainability trends, making the continent one of the leading players in the molded interconnect devices market expansion. The MID Laser Direct Structuring (LDS) manufacturing process allows MID to be made via a single-shot molding process which is relatively less harsh on the environment than conventional methods.

Some Point from Table of Contents:

Chapter 4 Molded Interconnect Devices Market, By Process

4.1.  Key trends by process

4.2.  Laser direct structuring (LDS)

4.2.1. Market estimates and forecast, 2013-2024

4.2.2. Market estimates and forecast, by end-use, 2013-2024

4.2.3. Market estimates and forecast, by region, 2013-2024

4.3.  Two-shot molding

4.3.1. Market estimates and forecast, 2013-2024

4.3.2. Market estimates and forecast, by end-use, 2013-2024

4.3.3. Market estimates and forecast, by region, 2013-2024

4.4.  Others

4.4.1. Market estimates and forecast, 2013-2024

4.4.2. Market estimates and forecast, by end-use, 2013-2024

4.4.3. Market estimates and forecast, by region, 2013-2024

Chapter 5.   Molded Interconnect Devices Market, By End-Use

5.1.  Key trends by end-use

5.2.  Automotive

5.2.1. Market estimates and forecast, 2013-2024

5.2.2. Market estimates and forecast, by process 2013 – 2024

5.2.3. Market estimates and forecast, by region 2013 – 2024

5.3.  Consumer products

5.3.1. Market estimates and forecast, 2013-2024

5.3.2. Market estimates and forecast, by process 2013 – 2024

5.3.3. Market estimates and forecast, by region 2013 – 2024

5.4.  Healthcare

5.4.1. Market estimates and forecast, 2013-2024

5.4.2. Market estimates and forecast, by process 2013 – 2024

5.4.3. Market estimates and forecast, by region 2013 – 2024

5.5.  Industrial

5.5.1. Market estimates and forecast, 2013-2024

5.5.2. Market estimates and forecast, by process 2013 – 2024

5.5.3. Market estimates and forecast, by region 2013 – 2024

5.6.  Military & aerospace

5.6.1. Market estimates and forecast, 2013-2024

5.6.2. Market estimates and forecast, by process 2013 – 2024

5.6.3. Market estimates and forecast, by region 2013 – 2024

5.7.  Telecommunication & computing

5.7.1. Market estimates and forecast, 2013-2024

5.7.2. Market estimates and forecast, by process 2013 – 2024

5.7.3. Market estimates and forecast, by region 2013 – 2024

5.8.  Others

5.8.1. Market estimates and forecast, 2013-2024

5.8.2. Market estimates and forecast, by process 2013 – 2024

5.8.3. Market estimates and forecast, by region 2013 – 2024

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