Global Medical Device Packaging Market to Witness Robust Expansion Throughout the Forecast Period 2019-2026: Top Key Players Tekni-Plex; 3M; TOPPAN PRINTING CO., LTD.; Wihuri Oy; West Pharmaceutical Services, Inc

As per the report published by Data Bridge Market Research, the Global Medical Device Packaging Market is expected to rise from its initial estimated value of USD 27.25 billion in 2018 to a projected value of USD 43.99 billion by 2026, registering a CAGR of 6.17% in the forecast period of 2019-2026.This rise in market value can be attributed to innovations in packaging products

Amcor Limited; Aphena Pharma Solutions; Beacon Converters, Inc.; Berry Global Inc.; WestRock Company; CLONDALKIN GROUP; CONSTANTIA; DuPont; Kl�ckner Pentaplast; Mitsubishi Chemical Holdings Corporation.; Kl�ckner Pentaplast; Oliver; Placon; Plastic Ingenuity; Printpack; Sealed Air; SIGMA MEDICAL SUPPLIES CORP.; Technipaq Inc.; Tekni-Plex; 3M; TOPPAN PRINTING CO., LTD.; Wihuri Oy; West Pharmaceutical Services, Inc.; Placon; Bemis Company, Inc.; Gerresheimer AG; Ahlstrom-Munksj�; Huhtam�ki; are few of the major competitors currently present in the market.

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Key Developments in the Market:

In January 2019, Oliver announced that they had acquired CleanCut Technologies, a medical packaging solutions provider situated in California, United States. Through this acquisition, Oliver have expanded their product portfolios and expanded their production capabilities in the provision of medical packaging products and services.
In May 2016, Bemis Company, Inc. announced that they had completed the acquisition of SteriPack Group. Through this acquisition, Bemis are expected to expand their market share in and product capabilities related to medical device packaging.

Competitive Analysis:

Global medical device packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical device packaging market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography

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Market Drivers

Growth of the overall medical devices market is expected to act as a driver for the market growth; this factor is expected to act as a driver for the market growth
Need for longer shelf-life of the medical devices which has resulted in growth of demand for effective medical device packaging products; this factor is expected to act as a driver for the market growth

Market Restraint

Presence of strict requirements and regulations regarding the packaging services and materials used in the packaging of medical devices set by the various organizations; this factor is expected to restrain the market growth
Segmentation: Global Medical Device Packaging Market

By Products

Pouches
Trays
Clamshell Packs
Wrap Films
Bags
Boxes
Cans
Others

By Accessories

Labels
Lidding
Others

By Material

Glass
Aluminum
Paper & Paperboard
Plastics
Tyvek
Others

By End-Users

Medical Manufacturing
Contract Packaging
Retail Packaging
Others

By Distribution Channel

Direct
Retail

By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

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Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research

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