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In 2022, the global market for sterile medical packaging was estimated to be worth $25.18 billion. The market for sterile medical packaging is predicted to increase from $20.48 billion in 2023 to $60.28 billion in 2030, representing a CAGR of 11.0 percent between 2023 and 2030. There has been an uptick in the demand for sterile medical packaging due to rising health awareness and increased focus on the prevention of infections.
The latest COVID-19 epidemic and its rapid global expansion has disrupted economic activity. Improved hygiene in medical devices is intended to prevent any contamination or spread of disease in patients in light of the increasing breakout of numerous infectious and communicable diseases and viruses like COVID-19, flu, TB, and SARS. Because of this, the need for sterile medical packaging is growing. Primary and secondary packaging for medical supplies, masks, gadgets, syringes, etc., are in high demand.
The healthcare industry relies heavily on the processing step of sterilization. As a result, sterile packaging materials and sterile barrier systems have become increasingly vital to this sector. To prevent the spread of infection, sterile medical packaging is made from single-use materials that cannot be reused. Most of this wrapping, pouching, and containerization is meant to shield medicines from contamination by the outside world and accidental exposure to germs. Additionally, these sterile barrier systems keep products sterile from the time they are packaged and sterilized until they are used. They provide a superior microbiological barrier to keep the drugs and medical equipment sterile for their whole shelf life, are tear resistant, durable, and breathable, and have other useful features. In-vitro diagnostic products, as well as surgical and medical devices, would all benefit greatly from these features, driving up demand for this type of packaging.
Some of the major and vital factors that are likely to augment the growth of the sterile medical packaging market in the projected timeframe include the expanding healthcare industry, the growing geriatric population worldwide, the rising demand for medical devices and surgical equipment, the rising efforts of consumers, manufacturers, and governments to increase the level of infection control, and the expanding prevalence of favorable healthcare policies. However, the increasing prevalence of chronic diseases around the world, as well as the advent of novel sustainable packaging options, will create enormous growth opportunities for the sterile medical packaging market during the aforementioned forecast period.
A rise in the prevalence of communicable diseases has resulted in a greater need for disposable medical tools and supplies. Needles, syringes, bandages, masks, gloves, applicators, suction catheters, testing kits, sponges, and test kits are all examples of medical devices. These single-use tools eliminate the potential for cross-contamination between patients. It is crucial that these devices be packaged in a way that guarantees their sterility. These items are recommended as reliable options for such gadgets' packing. They shield the medical supplies from germs and bacteria. These packaging options come in a wide variety of forms to meet the needs of any industry. Consequently, the market will be driven by the growing need for disposable medical devices.
The market for sterile medical packaging is largest in North America because of the region's high concentration of market leaders and the rising demand for environmentally friendly and high-quality products. A combination of factors, including rapid urbanization and a growing middle class, make Asia-Pacific the most promising market. Individual market affecting elements and changes in market regulation in the domestic market are provided in the report's nation section, which affect the present and future trends of the market. A number of key indicators are utilized to foretell the future of the market in each country, including consumption volumes, production sites and volumes, import/export analysis, price trend analysis, cost of raw materials, and an analysis of the upstream and downstream value chain. In addition, the impact of domestic tariffs and trade routes, as well as the presence and availability of global brands, are taken into account while offering forecast analysis of nation data.
Report Coverage
Global Sterile 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 Sterile Medical Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sterile 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 Sterile 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 Sterile Medical Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sterile 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
GOrchid Chemicals and Pharmaceuticals Ltd., Amcor Ltd., West Pharmaceuticals Services Inc., Oliver Tolas Healthcare Packaging, Bemis Company Inc., Steripack Ltd., Oracle Packaging Inc., Riverside Medical (Packaging Company), Janco Inc., Selenium Medical, DuPont De Nemours and Company, Wipak Walsrode GmbH and Co., Placon Corporation
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sterile Medical Packaging market based on the below-mentioned segments:
Global Sterile Medical Packaging Market, By Type
Thermoform Trays
Flexible Pouches
Bottles
Others
Global Sterile Medical Packaging market, By Material
Glass
Plastic
Metal
Others
Global Sterile Medical Packaging Market, By End User
Surgical Instruments
Pharmaceuticals
Others
Global Sterile Medical Packaging market, Regional Analysis
The latest COVID-19 epidemic and its rapid global expansion has disrupted economic activity. Improved hygiene in medical devices is intended to prevent any contamination or spread of disease in patients in light of the increasing breakout of numerous infectious and communicable diseases and viruses like COVID-19, flu, TB, and SARS. Because of this, the need for sterile medical packaging is growing. Primary and secondary packaging for medical supplies, masks, gadgets, syringes, etc., are in high demand.
The healthcare industry relies heavily on the processing step of sterilization. As a result, sterile packaging materials and sterile barrier systems have become increasingly vital to this sector. To prevent the spread of infection, sterile medical packaging is made from single-use materials that cannot be reused. Most of this wrapping, pouching, and containerization is meant to shield medicines from contamination by the outside world and accidental exposure to germs. Additionally, these sterile barrier systems keep products sterile from the time they are packaged and sterilized until they are used. They provide a superior microbiological barrier to keep the drugs and medical equipment sterile for their whole shelf life, are tear resistant, durable, and breathable, and have other useful features. In-vitro diagnostic products, as well as surgical and medical devices, would all benefit greatly from these features, driving up demand for this type of packaging.
Some of the major and vital factors that are likely to augment the growth of the sterile medical packaging market in the projected timeframe include the expanding healthcare industry, the growing geriatric population worldwide, the rising demand for medical devices and surgical equipment, the rising efforts of consumers, manufacturers, and governments to increase the level of infection control, and the expanding prevalence of favorable healthcare policies. However, the increasing prevalence of chronic diseases around the world, as well as the advent of novel sustainable packaging options, will create enormous growth opportunities for the sterile medical packaging market during the aforementioned forecast period.
A rise in the prevalence of communicable diseases has resulted in a greater need for disposable medical tools and supplies. Needles, syringes, bandages, masks, gloves, applicators, suction catheters, testing kits, sponges, and test kits are all examples of medical devices. These single-use tools eliminate the potential for cross-contamination between patients. It is crucial that these devices be packaged in a way that guarantees their sterility. These items are recommended as reliable options for such gadgets' packing. They shield the medical supplies from germs and bacteria. These packaging options come in a wide variety of forms to meet the needs of any industry. Consequently, the market will be driven by the growing need for disposable medical devices.
The market for sterile medical packaging is largest in North America because of the region's high concentration of market leaders and the rising demand for environmentally friendly and high-quality products. A combination of factors, including rapid urbanization and a growing middle class, make Asia-Pacific the most promising market. Individual market affecting elements and changes in market regulation in the domestic market are provided in the report's nation section, which affect the present and future trends of the market. A number of key indicators are utilized to foretell the future of the market in each country, including consumption volumes, production sites and volumes, import/export analysis, price trend analysis, cost of raw materials, and an analysis of the upstream and downstream value chain. In addition, the impact of domestic tariffs and trade routes, as well as the presence and availability of global brands, are taken into account while offering forecast analysis of nation data.
Report Coverage
Global Sterile 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 Sterile Medical Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sterile 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 Sterile 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 | GOrchid Chemicals and Pharmaceuticals Ltd., Amcor Ltd., West Pharmaceuticals Services Inc., Oliver Tolas Healthcare Packaging, Bemis Company Inc., Steripack Ltd., Oracle Packaging Inc., Riverside Medical (Packaging Company), Janco Inc., Selenium Medical, DuPont De Nemours and Company, Wipak Walsrode GmbH and Co., Placon Corporation |
| 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 Sterile Medical Packaging Market from 2021 to 2030.
- Market Forecast for Sterile 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, Sterile Medical Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Sterile Medical Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sterile Medical Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sterile 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
GOrchid Chemicals and Pharmaceuticals Ltd., Amcor Ltd., West Pharmaceuticals Services Inc., Oliver Tolas Healthcare Packaging, Bemis Company Inc., Steripack Ltd., Oracle Packaging Inc., Riverside Medical (Packaging Company), Janco Inc., Selenium Medical, DuPont De Nemours and Company, Wipak Walsrode GmbH and Co., Placon Corporation
Primary Target Market
- Market Players of Sterile 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 Sterile Medical Packaging market based on the below-mentioned segments:
Global Sterile Medical Packaging Market, By Type
Thermoform Trays
Flexible Pouches
Bottles
Others
Global Sterile Medical Packaging market, By Material
Glass
Plastic
Metal
Others
Global Sterile Medical Packaging Market, By End User
Surgical Instruments
Pharmaceuticals
Others
Global Sterile 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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