Press release
Global Medical Device Packaging market is expected to grow at CAGR of approximately 6%
Market ScenarioThe key drivers for the growth of the medical device packaging market are the growing healthcare industry. There is an increased demand for such packaging by the medical device manufacturers on a large scale. The packaging industry on the other hand are seen investing heavily on various technological advancements. On the basis of product type, Pouches contributes the largest to the market, majorly due to its cost-effectiveness and infection resistant specification. Cost sensitiveness and declining healthcare costs are hampering the growth of the global medical device packaging market. North-America contributes largely to overall market share. The global medical device packaging market size is expected to cross USD 30 Billion at CAGR of approximately 6% by 2022.
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Market Segmentation
Global Medical Device Packaging Information
• By Material (Plastic, Paper & Paperboard and others)
• By Product (Pouches, Trays, Bags, Clamshell Packs and others)
Key Players
The key players of the global medical device packaging market include-
• Amcor Limited,
• Bemis Company Inc,
• Chesapeake Limited,
• E. I. du Pont de Nemours and Company,
• Klöckner Pentaplast Group,
• 3M Company,
• WestRock Company,
• Mitsubishi Chemical Holdings Corporation,
• Oliver-Tolas.
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Target Audience
• Manufactures
• Raw Materials Suppliers
• Aftermarket supplier
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
Study Objectives of Global Medical Device Packaging Market
• To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Medical Device Packaging Market
• To provide insights about factors affecting the market growth
• To Analyze the Global Medical Device Packaging Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
Regional Analysis of Global Medical Device Packaging Market
Asian countries, especially India, China are expected to grow fastest over the forecasted period due to expansion of the healthcare industry and stricter government and non-government
Regulations to support healthcare sector. However, North America dominates the market due to advancements of medical technology and infrastructure.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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