Press release
Healthcare And Laboratory Labels Market Overview 2024-2033 - Trends and Insights
Healthcare And Laboratory Labels Market
The Business Research Company offers in-depth market insights through Healthcare And Laboratory Labels Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The healthcare and laboratory labels market size has grown steadily in recent years. It will grow from $9.74 billion in 2023 to $10.21 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to increasing regulatory complexity, rise in data security concerns, audit and reporting requirements, quality improvement initiatives, penalties for non-compliance.
The healthcare and laboratory labels market size is expected to see strong growth in the next few years. It will grow to $12.55 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to evolution of regulatory landscape, increased emphasis on patient privacy, interoperability requirements, rising cybersecurity threats, focus on value-based care. Major trends in the forecast period include remote healthcare services, digital transformation in healthcare, focus on cloud-based solutions, interoperability and integration with ehr systems, emphasis on data security and privacy.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=13449&type=smp
Market Segmentation:
The healthcare and laboratory labels market covered in this report is segmented -
1) By Material: Nylon, Polyester, Polyolefin, Vinyl, Paper, Other Materials
2) By Technology: Thermal Transfer, Direct Thermal, Laser, Inkjet
3) By End-User: Pharmaceuticals, Nutraceuticals, Medical Device, Blood Banks, Hospital Services, Laboratories
Major Driver - Rising Demand For Pharmaceutical Products
Rising demand for pharmaceutical products is expected to propel the growth of the healthcare and laboratory labels market going forward. Pharmaceutical products refer to substances or compounds formulated and manufactured to prevent, diagnose, or treat medical conditions. Healthcare and laboratory labels on pharmaceutical products play an important role in providing essential information to healthcare professionals about dosage instructions and potential side effects, ensuring safe and effective medication use. For instance, in February 2023, according to the Merck Group, a Germany-based pharmaceutical company, the company's pharmaceutical product sales for the year 2022 accounted for $59.3 billion, a 22% increase over the full year 2021. Furthermore, in June 2022, according to the European Federation of Pharmaceutical Industries and Associations, a Belgium-based trade association, production in the European pharmaceutical industry increased from $307,575 million (euro 286,697 million) in 2021 to an estimated $321,847 million (euro 300,000 million) in 2022. Therefore, rising demand for pharmaceutical products is driving the growth of the healthcare and laboratory label markets.
Competitive Landscape:
Major companies operating in the healthcare and laboratory labels market report are Cardinal Health Inc., 3M Company, UPM Raflatac, Avery Dennison Corporation, CCL Industries Inc., Zebra Technologies Corporation, Steris Corporation, Multi-Color Corporation, Brady Corporation, Aenova Group, Schreiner Group, Resource Label Group, General Data Company, Sato America LLC, Caresfield, Tekra Corporation, PlatinumCode, Rippedsheets.com, ID Technology, Shamrock Labels, Tapecon Inc., DuraFast Label Company, Weber Packaging Solutions Inc., United Ad Label, LabTAG, NeuraLabel Printing Solutions, Optimedia Labs Inc., Consolidated Label Co., Coast Label Company, Watson Label ProductsIncreasing Focus On Introducing Advanced Laboratory Labels To Maximize Revenue
Major companies operating in the healthcare and laboratory labels market are increasing their focus on introducing advanced laboratory labels to maximize their revenues in the market. Advanced laboratory labels are specialized labels designed for use in laboratory settings. These labels are crucial for identifying and tracking laboratory samples, equipment, and other items. For instance, in April 2023, Brady Corporation, a US-based equipment manufacturing company, launched the Matt White Polypropylene RFID (Radio Frequency Identification) petri dish label for laboratories. This label measures 65 x 6 mm and can be easily attached to delicate and expensive lab equipment, including petri dishes. It is designed to be used in extreme temperatures and chemical environments, making it ideal for tracking lab samples and equipment. The label is made of a durable polypropylene material that can withstand temperatures up to 185°F as well as chemicals such as acids and bases. Moreover, it is water-resistant and can be autoclaved. The label is equipped with an RFID chip that can be scanned to quickly and easily identify the sample or equipment it is attached to.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Healthcare And Laboratory Labels Market Characteristics
3. Healthcare And Laboratory Labels Market Trends And Strategies
4. Healthcare And Laboratory Labels Market - Macro Economic Scenario
5. Healthcare And Laboratory Labels Market Size And Growth
…..
27. Healthcare And Laboratory Labels Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
"Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "
"About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries."
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Healthcare And Laboratory Labels Market Overview 2024-2033 - Trends and Insights here
News-ID: 3410057 • Views: …
More Releases from The Business research company
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the Po …
The potato processing industry is on track for significant expansion over the upcoming years, driven by shifting consumer habits and technological advancements. As urban lifestyles become busier and demand for convenient food options rises, this sector is poised to experience substantial growth and innovation.
Potato Processing Market Size Projection and Growth Factors
The potato processing market is anticipated to reach a valuation of $45.33 billion by 2030, growing at a…
Leading Companies Fueling Growth and Innovation in the Popcorn Market
The popcorn industry is poised for remarkable expansion over the coming years, driven by changing consumer preferences and evolving market dynamics. As tastes shift toward healthier options and innovative flavors, the market's trajectory points toward sustained growth and diversification. Let's explore the key figures, major players, emerging trends, and segment breakdowns shaping the future of popcorn.
Projected Growth and Market Size of Popcorn by 2030
The popcorn market is anticipated…
Key Strategic Trends and Emerging Changes Shaping the Plant-Based Ice Cream Mark …
The plant-based ice cream market is on track for remarkable growth, driven by evolving consumer preferences and innovation within the frozen dessert sector. As more people seek sustainable and health-conscious alternatives, this market is gaining significant traction. Here's an overview of its size, leading players, prevailing trends, and detailed market segments.
Projected Size and Growth Trajectory of the Plant-Based Ice Cream Market
The plant-based ice cream market is anticipated to…
In-Depth Examination of Segments, Industry Developments, and Key Players in the …
The plant-based bars market is gaining strong momentum as consumers increasingly seek nutritious, sustainable snack options. Driven by evolving dietary preferences and innovation in plant-based ingredients, this sector is set for significant expansion over the coming years. Let's explore the market's size, leading companies, key trends, and segment insights to understand what's shaping its future.
Projected Growth and Market Size for Plant-Based Bars
The plant-based bars market is on track…
More Releases for Label
Pharmaceutical Labeling Market Analysis By Top Keyplayers - 3M, Avery Dennison, …
The "Pharmaceutical Labeling Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Pharmaceutical Labeling Market, 2024-2031
Verified Market Research's most recent report, "Pharmaceutical Labeling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Matte labels Market | Consolidated Label Co., Epson, L&N Label Company, Matt Lab …
The global matte labels market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the matte labels market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
Fluorescent Label Tape Market | Brother Group, Consolidated Label Co., Dura Fast …
The global fluorescent label tape market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the fluorescent label tape market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Steady Growth To Be Witnessed By Pharmaceutical Labelling Industry By 2031 | Mav …
A recent industry research report added to repository of insightSLICE is an in-depth analysis of Global Pharmaceutical Labelling Industry. On the basis of historic growth analysis and current scenario of Pharmaceutical Labelling domain place, the report commits to offer actionable insights for the industry participants. Authenticated data presented in report is based on exhaustive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of…
Specialty Label Packaging Market Global Competitive Analysis and 2027 Forecasts: …
The proposed Specialty Label Packaging Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The Specialty Label Packaging Market sample report includes…
Global Craft Beer Labels Market to 2025|CCL Label, UPM Raflatac, Label-Aid Syste …
Market Research Hub (MRH) has actively included a new research study titled “Global Craft Beer Labels Market” Insights, Forecast to 2025 to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until forecast period limit;…
