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Medical Devices Packaging Market Competitive Research And Precise Outlook 2021 To 2025

07-28-2021 02:28 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

Global “Medical Devices Packaging Market” 2021 Research report produces information with reference to market size, share, trends, growth, cost structure, capacity, revenue, and forecast 2025. This report also contains the general and comprehensive study of the Medical Devices Packaging market with all its aspects influencing the growth of the market. This report is a full-scale quantitative survey of the Medical Devices Packaging industry and provides data for building strategies to expand the market growth and effectiveness.

The medical devices packaging market was valued at USD 29.32 billion in 2019 and is expected to reach a value of USD 41.91 billion by 2025 at a CAGR of 6.13% over the forecast period 2020 to 2025

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Industry News and Updates:

- April 2020 - April 2020, Amcor's ULTRA pouches were certified for vaporized hydrogen peroxide sterilization as well as steam sterilization at 134�C. This means that the pouches can provide a solution for the sterilization of all reusable medical devices. The new accreditation assures that ULTRA pouches are compliant with the latest international and European EN 868 and ISO 11607 standards, including the Sterile Barrier System (SBS) requirement.
- November 2019 - Wipak launched a new pouch specifically developed for packing robotic instruments and other long devices. The pouch keeps the devices sterile during transportation and storage. It is made with an extra-strong paper for better protection, with high puncture resistance and resistance to penetration of any microbial. The pouch also incorporates Wipak's acclaimed Multi - X 9 multilayer film, which consists of nine layers, each with its features and functions.

Key Market Trends

Pouches is Expected to Hold Major Share

- Pouches are widely used containers for small- to medium-sized soft and semi-soft medical goods sold in unit quantities and are not vulnerable to damage during shipment and storage. Pouches' specific applications include intravenous (IV) catheters, IV administration sets, dialysis disconnect caps, wound dressings, small surgical instruments, diagnostic test packs, sutures, and dental supplies. Many films are used in medical device packaging applications. These materials offer a high degree of versatility and are available in a variety of forms in mono films, laminations, and coextrusions.
- Pouches have been manufactured from laminated paper with polyolefin layers. Uncoated nonwoven polyolefin materials for use in the manufacture of heat-sealable pouches are highly being used. Applications, such as the sterilization method (e.g., the material must tolerate high temperature) and protection requirements (e.g., high puncture resistance), are some features that cater to the demand. Further, selecting the appropriate pouch size prevents the overloading of instruments and allows penetration of the sterilant with adequate air removal and less puncture or tearing.
- Also, the partnerships and contracts to improve the product quality of pouches significantly cater to market growth. In July 2019, Diener Implants GmbH, a contract manufacturer for medical devices, announced its strategic partnership with 3dpac by Steripac, a German specialist for medical device packaging, to offer implants sterile packed to its customers. The 3dpac is a proprietary blister system developed by Steripac that ensures the optimal position fixation of sensitive products like 3 D printed implants within the sterile barrier. This provides flexibility and solves the typical problems of standard blister and pouch packaging of different geometries and sizes, like spinal fusion cages.
- Moreover, growth in the demand for pouches is expected to result from expanding applications in the unit -of -use packaging of small - to medium-sized medical instruments, appliances, and supplies. The expanding use in the secondary packaging of diagnostic test packs, prefilled inhalers and syringes, and surgical and dental trays are also expected to influence the demand for pouches. However, competition from lower-cost boxes will hold down the overall demand for pouches. Moreover, poor adaptability to rigid devices vulnerable to breakage and large multiple item kits will preclude medical device pouches from penetrating a number of the high value-added applications.

This report focuses on Medical Devices Packaging volume and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Medical Devices Packaging market size by analyzing historical data and prospect. The report gives a clear understanding of the current market situation which includes region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end-user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation.

Explore Full Report with Detailed TOC Here:

https://www.marketinsightsreports.com/reports/10192355542/medical-devices-packaging-market-growth-trends-and-forecasts-2020-2025?mode=Aditi

Important Features that are under offering and key highlights of the report:
– Detailed overview of the Medical Devices Packaging market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Medical Devices Packaging market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Medical Devices Packaging market performance
– Must-have information for market players to sustain and enhance their market footprint

The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Medical Devices 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. Medical Devices Packaging industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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