Press release
Medical Device Packaging Market 2017: Industry Review, Research, Statistics, and Growth to 2022
Market Research Analysis
The market is highly application based. On the basis of material, Plastic accounted for the largest market share. Pouches and Trays will continue to lead the market, majorly due to cost-effective, infection resistant and light-weight. Asian countries, especially India, China are expected to grow fast over the forecasted period due to expansion of the healthcare industry and stricter regulations for medical products. However, North-America is the largest region for the medical packaging market.
Market Highlights
The popularity of medical device packaging is growing over the past few years. Medical device packaging are used for storage of syringes, surgical instruments, diagnostic apparatuses and others. Rising health awareness, technological advancement, standard of living fueled the demand of the market. The manufacturers are continuously spending on research and development for medical device packaging.
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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.
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, and Oliver-Tolas.
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