A hinge resists radial and axial loads while allowing angular excursion. Presumably your linear motion occurs at the end of a lever of unspecified length, so we can't deduce the corresponding angular excursion for the linear displacements given.
It may not matter. Plastic disposable forceps have long been sold into the medical market. At their core is a trapezoid with four living hinges. They don't really work very well for anything, especially as forceps, so they may have created enough negative goodwill for living hinges that you would not be well served to be caught using the same mechanism.
The actual problem with the forceps has to do with flexibility of the levers at the working end. Trajectory error due to the living hinges' flexibility in nominally rigid directions is a secondary problem. Durability is not an issue.
Mike Halloran
Pembroke Pines, FL, USA