Sterile Medical Packaging - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Sterile Medical Packaging market is accounted for $33.72 billion in 2019 and is expected to reach $80.00 billion by 2027 growing at a CAGR of 11.4% during the forecast period. Rising awareness among patients regarding a healthy lifestyle, demand for pharmaceutical products and the growing demand for innovative product packaging are the major factors driving the growth of the market. However, stringent regulations regarding specifications and materials used by manufacturers in packaging are restraining the market growth.
The use of sterile barrier systems and sterile packaging products plays a significant role in healthcare industry. The sterile medical packaging act as a barrier against microbial transmission as it is a non useable packaging material. This type of packing are designed to prevent the medical product from external environment and unintended transmission of infectious. Additionally the sterile barrier systems preserve products sterility from the stage of packaging and sterilization, until the time of use.
Based on the product type, the thermoform trays segment is going to a lucrative growth during the forecast period as these are versatile and easy to transport because of their low weight. By geography, North America is expected to have high growth during the forecast period which can be attributed to multiple regulations that are imposed by the FDA, which, in turn, is driving the demand for sustainable and high-quality products in this region.
Some of the key players profiled in the Sterile Medical Packaging market include Amcor Plc, BillerudKorsnas AB, DuPont, GS Medical Packaging, Nelipak Healthcare, Oliver Healthcare Packaging, Orchid, Placon, ProAmpac, Riverside Medical Packaging Company Ltd, Sonoco, Steripack Ltd, Tekni-Plex, West Pharmaceutical Services Inc, Wipak Group Company.
• Die-Cut Baker Cards
• Flexible Pouches
• Guided Wire Hoops
• Intravenous (IV) Containers
• Pre-Fillable Inhalers
• Pre-Filled Syringes
• Sterile Bottles & Containers
• Sterile Closures
• Sterile Lid
• Sterile Wraps
• Thermoform Trays
• Vials & Ampoules
Material Types Covered:
• Others Material Types
Sterilization Methods Covered:
• Radiation Sterilizatizer
• High Temperature/Pressure Sterilizers
• Medical Disposable Supplies
• Medical Equipment.
End Users Covered:
• Food and Beverage
• In Vitro Diagnostic Products
• Medical implants
• Pharmaceutical & Biological
• Surgical & Medical Instruments
• 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 Arabiao UAE
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country level segments
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- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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- Supply chain trends mapping the latest technological advancements
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