In-vitro Diagnostics (IVD) Packaging Market 2020 Strategic Assessments - Amcor Limited, Aptargroup Incorporated, Corning Incorporated, Greiner Holding AG

Global In-vitro Diagnostics (IVD) Packaging Market - Growth, Trends, And Forecast (2020 - 2025)

The report presents an in-depth assessment of the Global In-vitro Diagnostics (IVD) Packaging including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global In-vitro Diagnostics (IVD) Packaging investments from 2020 till 2025.

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The Global In-vitro Diagnostics (IVD) Packaging market is highly competitive and consists of a number of major players. Companies, like Amcor Limited, Aptargroup Incorporated, Corning Incorporated, Greiner Holding AG, Thermo Fisher Scientific Incorporated, COMAR, LLC., WS Packaging Group, DWK Life Sciences among others.

Scope of the Report

In vitro diagnostics are tests done on samples such as blood or tissue that are taken from the human body. In vitro diagnostics can detect diseases or other conditions, and can also be used to monitor a person's overall health to help cure, treat, or prevent diseases.

Latest news and developments:

June 2019 - Amcor announced the successful completion of its acquisition of Bemis Company Inc. The combined company will now operate as Amcor Plc (Amcor). The acquisition of Bemis brings additional scale, capabilities, and footprint that will strengthen Amcor's industry-leading value proposition.

November 7, 2019 - The demand for point-of-care (POC) testing is a key factor in the proliferation of In-Vitro Diagnostic (IVDs) devices. IVDs can help speed up diagnosis allowing healthcare providers to make faster and better decisions, preventing the spread of infectious diseases and mitigating unnecessary procedures. IVDs are highly sensitive to their environment and moisture is often the biggest challenge to the functionality of the product. The packaging materials therefore play a critical role to ensure the safety and performance of the device at the point of use. The latest innovation from Amcor directly responds to this growing customer need. The patented Dessiflex technology was initially designed to protect moisture-sensitive pharmaceuticals that needed to be kept in extremely dry conditions, ensuring that their quality and efficacy were not compromised. This unique technology is now being used to make further improvements in the protection and usability of IVD and POC test devices. Many IVD products require both high barrier packaging and a desiccant sachet to ensure shelf life. The inclusion of a desiccant sachet alongside the device can affect usability. Through Dessiflex laminate, we have incorporated the desiccant into the packaging's sealant layer, which means we can now provide a practical, contamination-free moisture protection solution for customers.

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Key Market Trends:

Laboratories Segment to Witness High Growth

- As the hospitals and laboratories are some of the major consumers of in vitro diagnostic devices, the increasing revenues of these sectors are also expected to develop the market for IVD packaging across the globe.
- With the shift from the legacy systems to the commercial solutions favored by the laboratories, the market is expected to grow further as they provide a flexible and reliable method to manage data, resources, and workflows.
- Many governments across the globe are also regulating policies for laboratories having IVDs. For instance, in May 2018, Australia's Therapeutic Goods Administration (TGA) unveiled guidance for laboratories to meet in vitro diagnostics (IVD) regulatory requirements.
- Moreover, the ongoing shift towards personalized medical devices is expected to create a demand for IVD devices. Also, the innovations in IVD devices are likely to accelerate the demand for IVD packaging during the forecast period.

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The key insights of the In-vitro Diagnostics (IVD) Packaging Market report:

The report provides key statistics on the market status of the In-vitro Diagnostics (IVD) Packaging market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The In-vitro Diagnostics (IVD) Packaging market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2025 market development trends of In-vitro Diagnostics (IVD) Packaging Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of In-vitro Diagnostics (IVD) Packaging Industry before evaluating its feasibility.

Finally, In-vitro Diagnostics (IVD) Packaging Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. In-vitro Diagnostics (IVD) Packaging industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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