In a recent study conducted by Kenneth Research, packaging of medical devices and equipment is a very crucial thing for the packaging market. With the increase in the usage of medical devices, the packaging market is getting a boost at global level. The market is expected to grow at an annual growth rate of almost 7% in the near future.
The worldwide medical device packaging market is assessed to stamp an income of ~USD 31 billion by end of 2021. It is normal that the worldwide clinical gadget bundling business sector will develop fundamentally during the figure time frame denoting a CAGR of ~7% somewhere in the range of 2022 and 2030. A few variables, including the fast mechanical improvement of the clinical gadget industry and the presentation of different progressed clinical gadgets that require particular bundling, are relied upon to drive market advancement during the gauge time frame. Moreover, because of expanded wellbeing mindfulness, the expansion in medical care spending is relied upon to emphatically affect market development.
For clinical gadgets, bundling should have the option to keep up with sterility all through the inventory network. Also, you should shield clinical hardware from defilement and mechanical harm during transportation and capacity, to keep up with the general quality and trustworthiness of the item. The clinical gadget industry is portrayed by different mechanical advancements in clinical hardware, apparatuses and machines, which are required to emphatically affect the development of the clinical gadget bundling market.
Major market players:
Amcor plc, DuPont, Placon Corporation, Sonoco Products Company, Printpack, Klöckner Pentaplast, Berry Global Inc., Technipaq Inc., Constantia Flexibles, Plastic Ingenuity, and Tekni-Plex.
The medical device industry includes a large number of products, from surgical tools to imaging equipment used to treat various diseases and conditions. In addition to standard medical devices compatible with various patients, the increase in the development of patient-specific medical devices may have a positive impact on the growth of the medical device packaging market during the forecast period.
In addition, several factors including the aging of the population, coupled with increasing investment in the healthcare industry, especially in several emerging countries, are expected to increase the demand for medical devices, which in turn is expected to promote the development of medical device packaging. demand. Forecast period. In addition, packaging companies are increasingly focusing on providing sustainable and profitable packaging for medical devices, which is expected to drive market growth.
According to materials, the medical device packaging market has been subdivided into plastic, paper and cardboard, foil, glass, etc. Plastic is one of the most widely used materials for manufacturing medical device packaging. Many types of plastics, such as polyethylene (PE), polyethylene terephthalate (PET), and polypropylene (PP), are used to produce medical device packaging. Plastics are used to make flexible, semi-rigid and rigid structures for packaging medical devices.
According to different products, the market has been subdivided into bags, bivalve containers, boxes, trays, bags, blisters, etc. During the forecast period, the growth rate of the luggage product segment may be the highest. These bags are used to package various medical products, including surgical instruments, diagnostic products, and biomedical equipment. These bags have good barrier properties and puncture resistance, increasing their application in medical device packaging.
Main market regions:
The study of Medical device packaging market was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the Global medical device packaging market research report to ensure it dives deep to achieve strategic competitive intelligence in the segment
