Medical Devices Packaging - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Medical Devices Packaging Market is accounted for $28.12 billion in 2018 and is expected to reach $58.06 billion by 2027 growing at a CAGR of 8.4% during the forecast period. The factors driving the market growth are rising innovations in the medical devices and longer shelf life packaging products. However, stringent government regulations in developed countries are restraining the market.
Medical device packaging forms an integral part of the medical device industry to look after sterility, and offer compelling assurance to different items. These medical devices are gathered and pressed before being showcased. The primary target of the bundling is to keep up a clean state of the restorative gadgets until its use. Along these lines keeping them free from microbial pollution and keeping up its security for patients. The bundle ensures the medical devices against harm by mechanical power bringing about superior item quality.
By Product, Wrap films is going to have a lucrative growth during the forecast period. They are polypropylene films which are considered for overwrapping and outer packing for sterile solution bags. Based on geography, Europe is estimated to have a lucrative growth due to the strong safety protection of therapeutic equipment supported by government regulations will drive regional industry growth.
Some of the key players in the Medical Devices Packaging market are 3M, Amcor, Barger (Placon), Beacon Converters, Bemis Company, Berry Plastics, Constantia Flexibles, DuPont, Klockner Pentaplast, Mitsubishi Chemical, Plastic Ingenuity, Rollprint, TAKO, Technipaq and Texchem-pack.
Packaging Materials Covered:
• Plastic Resins
• Paper & Paperboards
• Glass Packaging
• Wrap Films
• Blister Packaging
• Other Products
• Non-woven Fabric
• Paper & Paperboard
• Others Materials
Packaging Accessories Covered:
• Other Packaging Accessories
• Disposable Consumables
• Monitoring & Diagnostic Equipment
• Non-sterile Packaging
• Sterile Packaging
• Therapeutic Equipment
End Users Covered:
• Retail Packaging
• Contract Packaging
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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