Medical Implants Sterile Packaging Market Trends Estimates High Demand by 2024

Medical Implants are devices that are sited inside or on the surface of the body and are being used in every organ of the human body. According to Food and Drug Administration (FDA), medical implants are classified into three different classes, such as class I, class II, and Class III depending on the risk the medical device may impose on the user. However, risk associated with implants is complications during placement or removal of the implant. Once a medical device has been designed, tested, and approved it needs to be delivered in sterile conditions. Sterile packaging plays an essential role in packaging the devices, which protect the device from the physical damage and contamination. Packaging for these devices must serve two purposes, such as creating the sterile barrier for the device and protecting the functionality of device. Sterile packaging market has shown tremendous growth in recent years due to its several advantages. It allows penetration of the chosen sterilant, maintains the sterility of the package contents until it is open, and it can be opened aseptically without contaminating the contents.

The global medical implants sterile packaging market is estimated to be valued at US$ 1,719.5 Million in 2017 and is expected to witness a CAGR of 6.7% during the forecast period (2017 – 2025).

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The innovative Fortis packaging launched by Amcor is expected to propel the market growth.

The major players in medical implants sterile packaging market are Beacon, SteriPack, Wipak, Oliver- Tolas, Rexam, Oracle Packaging, Riverside Medical Packaging, West Pharmaceutical Services, Amcor, Rollprint Packaging Products, and Sealed Air Corporation. The key players are focusing on strategic mergers and acquisition and development of innovative packaging systems. For instance, Amcor has launched an innovative packaging technology in 2016, known as Fortis sterile breather bag (an uncoated Tyvek header bag), which delivers strength, sustainability, and tear resistance to hold sharp, heavy, and bulky packs in contrast to conventional header bags. Fortis header bags opening allows aseptic removal of contents easier thereby, reduces the risk of contamination to the sterile field.

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