Global medical device packaging market is expected to grow at CAGR of approximately 6% by 2022

Market Scenario

The key drivers for the growth of the medical device packaging market are the growing healthcare industry.  There is an increased demand for such packaging by the medical device manufacturers on a large scale. The packaging industry on the other hand are seen investing heavily on various technological advancements. On the basis of product type, Pouches contributes the largest to the market, majorly due to its cost-effectiveness and infection resistant specification. Cost sensitiveness and declining healthcare costs are hampering the growth of the global medical device packaging market. North-America contributes largely to overall market share. The global medical device packaging market size is expected to cross USD 30 Billion at CAGR of approximately 6% by 2022.

 

Market Segmentation
Global Medical Device Packaging Information

  • By Material (Plastic, Paper & Paperboard and others)
  • By Product (Pouches, Trays, Bags, Clamshell Packs and others)

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Key Players

The key players of the global medical device packaging market include-

  • Amcor Limited,
  • Bemis Company Inc,
  • Chesapeake Limited,
  • I. du Pont de Nemours and Company,
  • Klöckner Pentaplast Group,
  • 3M Company,
  • WestRock Company,
  • Mitsubishi Chemical Holdings Corporation,
  • Oliver-Tolas.

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Target Audience

  • Manufactures
  • Raw Materials Suppliers
  • Aftermarket supplier
  • Research Institute / Education Institute
  • Potential Investors
  • Key executive (CEO and COO) and strategy growth manager

 

Study Objectives of Global Medical Device Packaging Market

  • To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Medical Device Packaging Market
  • To provide insights about factors affecting the market growth
  • To Analyze the Global Medical Device Packaging Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)

 

Regional Analysis of Global Medical Device Packaging Market

Asian countries, especially India, China are expected to grow fastest over the forecasted period due to expansion of the healthcare industry and stricter government and non-government

Regulations to support healthcare sector. However, North America dominates the market due to advancements of medical technology and infrastructure.

 

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