Healthcare Packaging Market, Growth Insighits, Upcoming Trends, Future Demand, Forecast 2022-2027

According to the latest report by IMARC Group, titled "Healthcare Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global healthcare packaging market reached a value of US$ 127.4 Billion in 2021. The market is anticipated to reach a value of US$ 190.3 Billion by 2027, registering a CAGR of 6.8% during 2022-2027.

Healthcare packaging is intended to protect healthcare products from chemical deterioration by preventing exposure to moisture, biological contaminants, temperature, oxygen, and light fluctuations. It adheres to medical standards and guidelines while safeguarding the integrity of healthcare products to cater to their unique sterilization and specifications requirements. Additionally, it offers information regarding the packaged product and maintains its stability throughout its shelf life. The demand for healthcare packaging is increasing across the globe due to the rising need to preserve the products in a specialized environment.

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Global Healthcare Packaging Market Trends:

The increasing production and supply of medical devices across the globe majorly drive the market. This can be attributed to the growing demand for medical devices, including medical supplies, in-vitro diagnostic equipment and reagents, dental goods, surgical implants and instruments. Coupled with this, the rising prevalence of chronic diseases, such as cancer, stroke, arthritis, heart disease, and diabetes, is significantly supporting the market growth. Due to the sudden outbreak of coronavirus disease (COVID-19), the sales of antibiotics, nutraceuticals, anesthetics, muscle relaxants, and dietary supplements rapidly increased, thereby impacting the demand for healthcare packaging. Moreover, the growing preference for sustainable packaging solutions due to the rising environmental concerns is creating a positive market outlook. Some of the other factors driving the market include continuous improvements in the healthcare infrastructure.

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Key Market Segmentation:

Pharmaceutical Packaging:

Breakup by Product:

• Plastic Bottles
• Caps and Closures
• Blister Packs
• Pre-Fillable Syringes
• Parenteral Containers
• Pre-Fillable Inhalers
• Pouches
• Medication Tubes
• Others

Breakup by Material:

• Plastics and Polymers
• Paper and Paperboard
• Glass
• Aluminum Foil
• Others

Breakup by Packaging:

• Primary Packaging
• Secondary Packaging

Breakup by Drug Delivery Mode:

• Oral
• Injectable
• Dermal/Topical
• Inhalable
• Others

Medical Device Packaging:

Breakup by Product Type:

• Trays
• Pouches
• Clamshell Packs
• Others

Breakup by Material:

• Plastic
• Paper
• Aluminum
• Tyvek
• Others

Breakup by Application:

• Sterile Packaging
• Non-Sterile Packaging

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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