All updated as on -
The global market for medical packaging was worth USD 38.68 billion in 2022, and it is expected to expand to USD 65.89 billion by 2030, at a CAGR of 7.9 percent between 2023 and 2030.
The packing of medical devices is crucial to maintaining their cleanliness and safety during use. During procedures employing these tools, there is a risk of contaminating the patient's sterile tissue or mucous membranes. Reusable medical equipment must be properly disinfected or sterilized to reduce the likelihood of infection and keep patients safe. Market growth for sterile instruments may be attributed to the proliferation of healthcare facilities such as hospitals, producers of therapeutic equipment, and diagnostic centers. Manufacturers are working on constant innovation in package designs for medical equipment to accommodate changing needs and improvements. Sterile, non-reactive, and tamper-evident packaging is becoming increasingly in demand. The packaging industry for medical devices is responding to this need by developing increasingly sophisticated products.
Drivers
The rising need for secure and trustworthy packaging solutions for medical devices is the primary factor propelling the Medical Devices Packaging Market. The increasing worldwide healthcare expenditure, developments in medical technology, and the incidence of chronic diseases all contribute to the growth of the industry. The requirement for compliant and efficient packaging to guarantee the sterility and integrity of medical devices is amplified by the stringent restrictions and quality standards established by regulatory authorities. Demand for packaging solutions that can keep devices sterile is also being driven by the healthcare industry's increased attention to infection control and prevention.
Restraints
The environmental impact of medical device packaging is a major factor holding the market back. Packaging made from plastics and other non-biodegradable materials adds to landfills and other environmental hazards. The need for sustainable and recyclable packaging options has increased as a result of regulatory pressure and heightened public awareness of sustainability issues. Medical device producers are working to lessen their products' negative impact on the environment by creating more eco-friendly packaging. The market still struggles with finding a happy medium between the requirements of usefulness, legality, and long-term viability.
Material Analysis
The market for packaging used for medical devices is dominated by plastic. There is a wide variety of medical device packaging uses for plastics due to its robustness, malleability, transparency, and the ability to be molded into intricate designs. Blister packs, pouches, and trays are all examples of plastic packaging used for sterile barrier systems. Plastic packaging is in high demand because of its adaptability, low cost, and compatibility with several types of sterilizing.
The market for packaging used to transport medical devices made of paper and paperboard is expanding rapidly. This trend is being propelled by the demand for eco-friendly and long-lasting packaging options. Paper-based materials are more eco-friendly than plastics since they can be recycled endlessly and decompose quickly. Non-sterile packaging uses, like labeling, directions for use, and outer packaging, frequently make use of paper and paperboard packaging. Consumer demand for environmentally friendly packaging and government programs encouraging green business practices in the healthcare sector have accelerated the shift toward paper-based packaging solutions.
Dissection of Products
Pouches & bags, trays, cartons, and clam shells are the several types of packaging used for medical devices. The market share for pouches & bags is the highest among these subsets. Medical device pouches and bags are commonly used for packing because of their adaptability, portability, and sterility preservation. They have perks including being compact, having tamper-evident features, and being made to your specifications.
Trays are the most rapidly expanding product category. Since trays can safely retain and organize many different medical device components, they are seeing increased use in medical device packaging. They effectively shield contents from harm and keep things neat and tidy whether in transit or storage.
Evaluation Through Use
Sterile packaging and non-sterile packaging are the two main subsets of the Medical Devices Packaging Market. Sterile packaging represents the largest market use. In order to keep medical equipment sterile and free of contamination, it must be packaged in a sterile environment. There has been a rise in the need for safe and efficient sterile packaging options in the healthcare sector as a result of strict rules and norms. Sterile packaging is essential for hospitals, clinics, and other healthcare institutions to protect medical devices used in surgical procedures and patient care.
Non-sterile packaging is the most rapidly expanding end use. When a sterile environment is not necessary, medical devices and equipment can be packaged in non-sterile packaging. Solutions for packaging diagnostic tools, monitoring gear, and other non-invasive medical gadgets are included. The rising healthcare sector, improved medical device technology, and the need for cost-effective packaging options all contribute to the expansion of the non-sterile packaging market.
Report Coverage
Global Medical Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Medical Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Medical Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Medical Packaging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Medical Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Medical Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amcor - Australia, Berry Global Inc. - United States, Bemis Company Inc. - United States, Sonoco Products Company - United States, DuPont de Nemours, Inc. - United States, 3M Company - United States, West Pharmaceutical Services, Inc. - United States, Tekni-Plex Inc. - United States, Gerresheimer AG - Germany, Mitsubishi Chemical Holdings Corporation - Japan, Schott AG - Germany, Wipak Group - Finland, Nelipak Corporation - United States, Sealed Air Corporation - United States, Constantia Flexibles Group GmbH - Austria, Winpak Ltd. - Canada, Oliver-Tolas Healthcare Packaging - United States, Klöckner Pentaplast - Germany, BillerudKorsnäs AB - Sweden, Ampac Holdings LLC - United States
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Medical Packaging market based on the below-mentioned segments:
Global Medical Packaging Market, By Material
Plastic
Paper & Paper Board
Global Medical Packaging market, By Application
Sterile Packaging
Non - Sterile PackagingSegmentProduct
Sub-segmentPouches & Bags, Trays, Boxes, Clam Shells
Global Medical Packaging market, Regional Analysis
The packing of medical devices is crucial to maintaining their cleanliness and safety during use. During procedures employing these tools, there is a risk of contaminating the patient's sterile tissue or mucous membranes. Reusable medical equipment must be properly disinfected or sterilized to reduce the likelihood of infection and keep patients safe. Market growth for sterile instruments may be attributed to the proliferation of healthcare facilities such as hospitals, producers of therapeutic equipment, and diagnostic centers. Manufacturers are working on constant innovation in package designs for medical equipment to accommodate changing needs and improvements. Sterile, non-reactive, and tamper-evident packaging is becoming increasingly in demand. The packaging industry for medical devices is responding to this need by developing increasingly sophisticated products.
Drivers
The rising need for secure and trustworthy packaging solutions for medical devices is the primary factor propelling the Medical Devices Packaging Market. The increasing worldwide healthcare expenditure, developments in medical technology, and the incidence of chronic diseases all contribute to the growth of the industry. The requirement for compliant and efficient packaging to guarantee the sterility and integrity of medical devices is amplified by the stringent restrictions and quality standards established by regulatory authorities. Demand for packaging solutions that can keep devices sterile is also being driven by the healthcare industry's increased attention to infection control and prevention.
Restraints
The environmental impact of medical device packaging is a major factor holding the market back. Packaging made from plastics and other non-biodegradable materials adds to landfills and other environmental hazards. The need for sustainable and recyclable packaging options has increased as a result of regulatory pressure and heightened public awareness of sustainability issues. Medical device producers are working to lessen their products' negative impact on the environment by creating more eco-friendly packaging. The market still struggles with finding a happy medium between the requirements of usefulness, legality, and long-term viability.
Material Analysis
The market for packaging used for medical devices is dominated by plastic. There is a wide variety of medical device packaging uses for plastics due to its robustness, malleability, transparency, and the ability to be molded into intricate designs. Blister packs, pouches, and trays are all examples of plastic packaging used for sterile barrier systems. Plastic packaging is in high demand because of its adaptability, low cost, and compatibility with several types of sterilizing.
The market for packaging used to transport medical devices made of paper and paperboard is expanding rapidly. This trend is being propelled by the demand for eco-friendly and long-lasting packaging options. Paper-based materials are more eco-friendly than plastics since they can be recycled endlessly and decompose quickly. Non-sterile packaging uses, like labeling, directions for use, and outer packaging, frequently make use of paper and paperboard packaging. Consumer demand for environmentally friendly packaging and government programs encouraging green business practices in the healthcare sector have accelerated the shift toward paper-based packaging solutions.
Dissection of Products
Pouches & bags, trays, cartons, and clam shells are the several types of packaging used for medical devices. The market share for pouches & bags is the highest among these subsets. Medical device pouches and bags are commonly used for packing because of their adaptability, portability, and sterility preservation. They have perks including being compact, having tamper-evident features, and being made to your specifications.
Trays are the most rapidly expanding product category. Since trays can safely retain and organize many different medical device components, they are seeing increased use in medical device packaging. They effectively shield contents from harm and keep things neat and tidy whether in transit or storage.
Evaluation Through Use
Sterile packaging and non-sterile packaging are the two main subsets of the Medical Devices Packaging Market. Sterile packaging represents the largest market use. In order to keep medical equipment sterile and free of contamination, it must be packaged in a sterile environment. There has been a rise in the need for safe and efficient sterile packaging options in the healthcare sector as a result of strict rules and norms. Sterile packaging is essential for hospitals, clinics, and other healthcare institutions to protect medical devices used in surgical procedures and patient care.
Non-sterile packaging is the most rapidly expanding end use. When a sterile environment is not necessary, medical devices and equipment can be packaged in non-sterile packaging. Solutions for packaging diagnostic tools, monitoring gear, and other non-invasive medical gadgets are included. The rising healthcare sector, improved medical device technology, and the need for cost-effective packaging options all contribute to the expansion of the non-sterile packaging market.
Report Coverage
Global Medical Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Medical Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Medical Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Medical Packaging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Amcor - Australia, Berry Global Inc. - United States, Bemis Company Inc. - United States, Sonoco Products Company - United States, DuPont de Nemours, Inc. - United States, 3M Company - United States, West Pharmaceutical Services, Inc. - United States, Tekni-Plex Inc. - United States, Gerresheimer AG - Germany, Mitsubishi Chemical Holdings Corporation - Japan, Schott AG - Germany, Wipak Group - Finland, Nelipak Corporation - United States, Sealed Air Corporation - United States, Constantia Flexibles Group GmbH - Austria, Winpak Ltd. - Canada, Oliver-Tolas Healthcare Packaging - United States, Klöckner Pentaplast - Germany, BillerudKorsnäs AB - Sweden, Ampac Holdings LLC - United States |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Medical Packaging Market from 2021 to 2030.
- Market Forecast for Medical Packaging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Medical Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Medical Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Medical Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Medical Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amcor - Australia, Berry Global Inc. - United States, Bemis Company Inc. - United States, Sonoco Products Company - United States, DuPont de Nemours, Inc. - United States, 3M Company - United States, West Pharmaceutical Services, Inc. - United States, Tekni-Plex Inc. - United States, Gerresheimer AG - Germany, Mitsubishi Chemical Holdings Corporation - Japan, Schott AG - Germany, Wipak Group - Finland, Nelipak Corporation - United States, Sealed Air Corporation - United States, Constantia Flexibles Group GmbH - Austria, Winpak Ltd. - Canada, Oliver-Tolas Healthcare Packaging - United States, Klöckner Pentaplast - Germany, BillerudKorsnäs AB - Sweden, Ampac Holdings LLC - United States
Primary Target Market
- Market Players of Medical Packaging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Medical Packaging market based on the below-mentioned segments:
Global Medical Packaging Market, By Material
Plastic
Paper & Paper Board
Global Medical Packaging market, By Application
Sterile Packaging
Non - Sterile PackagingSegmentProduct
Sub-segmentPouches & Bags, Trays, Boxes, Clam Shells
Global Medical Packaging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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