Healthcare Packaging Market In 2021-2026 Including Top Key Players, Trends And Emerging Growth Factors

The Healthcare Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Healthcare Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Healthcare Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Healthcare Packaging market.

The healthcare packaging market was valued at USD 124.83 billion in 2020, recording a CAGR of 6.35% over the forecast period from 2021 to 2026. 

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Top Leading Companies of Healthcare Packaging Market are - Gerresheimer AG, Corning Incorporated, Nipro Corporation, SGD SA, Stölzle-Oberglas GmbH, Bormioli Pharma SRL, Schott AG, Shandong Medicinal Glass Co. Ltd, Beatson Clark PLC, Arab Pharmaceutical Glass Co, Piramal Glass Pvt Ltd and others.

Industry News and Updates:

- February 2020 - West Pharmaceutical Services, Inc. introduced several new, innovative pharmaceutical containment and closure offerings at Pharmapack, France. The company launched two AccelTRA component line extensions, a Flip-Off Seal container closure system (CCS) compatible with the 5mL Daikyo Crystal Zenith vial, and the new Ready Pack system with SCHOTT's adaptiQ platform.

- January 2020 - Gerresheimer AG launched Gx Elite top-quality injection vials for more excellent patient safety. These high-end tubular glass vials are Gerresheimers' response to increasingly stringent customer demands and expectations on the pharmaceutical market, including higher demands for patient safety.

Key Market Trends:

Blister Packs are Expected to Witness Significant Growth

- Blister packages are one of the most popular and convenient dosing formats. The major companies that operate in the healthcare packaging industry provide non-PVC barrier blister packaging, which assists medical and pharmaceutical companies in meeting sustainability objectives and shelf-life requirements, and offers an economical alternative, compared to traditional market offerings. Blister packs are used for medical instruments or devices, such as catheters and injection syringes. However, applications of blister packs in medical device packaging are lesser than their applications in pharmaceutical product packaging.
- The occurrence of new diseases calls for better population health management. further, the emergence of informed customers and the growth of OTC (over-the-counter) drugs have augmented the growth of blister packaging in the pharmaceutical industry. Blister packaging has gained popularity to protect medication from moisture. Aligning to these trends, companies, like Burgopak and Ecobliss, have developed original blister packaging that is child-proof. 

North America is Expected to Dominate the Market

- The United States and Canada are countries that are developed with prosperous economies, aging population segments, and advanced medical delivery systems, but the countries vary measurably in population size, healthcare spending intensities, aggregate gross domestic product (GDP) levels, and the structure of health insurance plans. With advanced primary medical community, extensive medical and life science research activities, high healthcare spending intensity, and large pharmaceutical and medical supply and device industries, the United States account for one of the world's largest geographical markets for healthcare packaging products.
- The United States also dominates the pharmaceutical market, both in consumption and development. According to STAT, prescription drug spending in the country is considered to increase to USD 600 billion by 2023, up from an estimated USD 500 billion in 2019, which is further expected to drive the market for pharmaceutical glass packaging in the country.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Healthcare Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Healthcare Packaging Market (%),2016 - 2026
- Healthcare Packaging Market Share, By Brand
- Healthcare Packaging Market Share, By Company
- Healthcare Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Healthcare Packaging Market Value Analysis & Forecast
- Promising Healthcare Packaging Development by Major Companies
- Detailed Healthcare Packaging Portfolio of the Major Companies
- Major Deals in the Healthcare Packaging Market
- Major Companies Analysis

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- Country Level analysis for any 5 countries of your choice.

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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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