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Global Medical Device Packaging Market is expected to reach USD 37,719.7 million by 2024 | CAGR 6.2%

Global Medical Device Packaging Market - Industry Trends and Forecast to 2024

Global Medical Device Packaging Market - Industry Trends and Forecast to 2024

Global Medical Device Packaging Market is expected to reach USD 37,719.7 million by 2024 from USD 23,400.0 million in 2016, growing at a CAGR of 6.2% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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The global medical device packaging market is segmented on the basis of drug delivery device packaging, container type, raw material, end user, distribution channel and geography. In 2017, the injectable packaging segment is expected to dominate the market with a share of ~31.0% and is expected to continue this trend till 2024.

On the basis of container type, the global medical device packaging market is segmented into Pouches, bags, blister packaging, clamshells, boxes and others.

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By raw material, the market is segmented into plastics, paper & paper board, glass and others. Plastic is further sub-segmented into polyethylene, polypropylene and others. Polyethylene is sub-segmented into high-density polyethylene and low-density polyethylene.

On the basis of end users, the market is classified into medical manufacturing, contract packaging, retail packaging and others. In 2017, the medical manufacturing segment is expected to dominate the market and contract packaging is expected to grow with the highest CAGR in the forecast period.

On the basis of distribution channel, the market is classified into direct tenders and retail. In 2017, the direct tenders segment is expected to dominate the market and is expected to continue this trend till 2024.

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Based on geography the global slimming devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

The Global Medical Device Packaging Market Report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. The report includes market shares of prefilled syringes market for global, Europe, North America, Asia Pacific and South America.

Some of the major players operating in this market are
• Barger
• DuPont
• CONSTANTIA
• 3M
• Mitsubishi Chemical Holdings Corporation
• Amcor
• Berry Global Inc.
• Bemis Company, Inc.
• Texchem Polymer Engineering Division
• Klöckner Pentaplast
• CONSTANTIA
• Technipaq Inc.
• Plastic Ingenuity
• Beacon Converters

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Other Report

Europe Body Composition Analyzers Market – Industry Trends and Forecast to 2024

Europe Body Composition Analyzers Market By Product Type (Bio impedance Analyzers (BIA), Dual-Energy X-Ray Absorptiometry (DEXA), Skinfold Calipers, Hydrostatic Weighing (HwD), Air Displacement Plethysmography (ADP)), Country (Germany, United Kingdom, France, Spain, Italy, Russia, Turkey, Belgium, Nether lands, Switzerland, Rest of Europe) –Industry Trends and Forecast to 2024

Report Access: http://databridgemarketresearch.com/reports/europe-body-composition-analyzers-market/

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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