Medical Packaging Market Size & Analysis – Forecasts To 2025 (1)

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Medical Packaging
Market. Medical Packaging Market Insights The
global medical packaging market is expected to
grow at a high CAGR over the forecast period.
This growth is mainly attributed to rising demand
for better healthcare medical facilities. Along
with this, rising population coupled with
growing medical awareness is also likely to
stimulate the market for medical
packaging. Moreover, increasing disposable
income in developing countries is also likely to
increase the expenditure on healthcare which is
further expected to augment market growth over
the coming years. However, fluctuations in price
of raw materials are projected to affect the
profitability of market.
Medical Packaging Market Material Insights On
the basis of material, the industry is segmented
into polymer, non-woven fabric, and paper
paperboard among others. The polymer segment is
further segregated into PVC, Polyethylene
Terephthalate (PET) and PE.The market for
polymers is expected to occupy the highest share
owing to rising production of protective wraps,
intravenous blood bags, manufacturing bags
pouches, and protective wraps among
others. Medical Packaging Market Packaging
Insights By packaging, the industry is segmented
intobags pouches, trays and boxes among others.
The bags pouches segment is anticipated to
register a significant growth rate over the
forecast period on account of factors such as
easy handling, ease in storing, protection
against light moisture and light weightiness
among others. Moreover, increasing application
for the product by end users for polymers and
non-woven fabric among others.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Medical Packaging Market Packing
Insights On the basis of packing, the industry
is segmented into primary, secondary, and
tertiary packaging. The primary segment is
projected to grow at a healthy CAGR owing to its
importance as a first-level medical product
packaging. Medical Packaging Market Application
Insights Botanical extracts finds its
application in medical equipment tools, medical
devices, implants and in-vitro diagnostic
products (IVDs). The medical equipment tools
segment is anticipated to dominate the market
over the forecast period owing to rising
application of the product in hospitals
globally. The medical devices segment is also
expected to register a significant growth rate on
account of increasing number of medical devices
used in the healthcare sector. Medical Packaging
Market Regional Insights North America occupied
the largest share of this market since the past
few years. This can be attributed to developing
healthcare infrastructure in this region. Along
with this, increasing regulations associated
with medical packaging coupled with rising living
standard of consumers.
Medical Packaging Market Vendor Landscape The
report contains a chapter dedicated to vendors
operating in the market, covering raw material
manufactures, equipment developers,
manufacturers, and distributors. The report
provides these insights on a regional level.
This section of the report entails contact
details, experience, products manufactured/suppli
ed, and geographical presence of companies.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• Medical Packaging Market End-Use Landscape
• The end-use landscape entails a list of current
  and prospective consumers prevailing across the
  regions. This section provides company addresses,
  contact details, products, and regional presence
  of companies who are purchasing or are likely to
  purchase medical packaging over the coming years.
  Some leading consumers of this market are
  Johnson Johnson, Roche, Merck Co, Siemens AG,
  and Medtronic Inc.
• Medical Packaging Market Market Share
  Competitor Analysis
• The global market for this product is expected to
  be significantly large due to the presence of
  numerous manufacturers. The key players
  includeAvery Dennison Corporation, 3M Company,
  CCL Industries, Inc., Sonoco Products Company,
  Amcor Limited, Constantia Flexibles Group GmbH,
  Bemis Company, WestRock Company, and E. I. du
  Pont de Nemours and Company.
• In January 2018, Berry Global Inc. introduced two
  innovative medical packaging products DuraMed
  and DirectSeal. DuraMed is a solution for
  form-fill-seal packages, header bags, and peel
  pouches. DuraMed has excellent barrier
  properties, clean peel, and high resistance to
  tear puncture. DirectSeal is a film with
  sealant technology that provides cost advantages
  by removing the need for a matching coated
  substrate for applications such as
  form-fill-seal, header bags, and peel pouches.
• In January 2018, MPX Bioceutical Corporation
  announced entering into an agreement with Panaxia
  Pharmaceutical Industries Ltd. As per the
  agreement, Panaxia is to provide the capital
  equipment to build equip the manufacturing
  facility and will supply non-active ingredients
  compounds for formulation packaging.
• The report segments the Medical Packaging Market
  Size on the basis of By Material
• Polymer (PVC, Polyethylene Terephthalate (PET),
  PE)
• Non-woven Fabric
• Paper Paperboard
• Others

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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• By Packing Type
• Primary
• Secondary
• Tertiary
• By Application
• Medical Equipment Tools
• Medical Devices
• Implants
• In-Vitro Diagnostic Products (IVDs)
• Implants
• By Region
• North America

This article contains text from the Medical
Packaging Market Size Analysis Forecasts To
2025 report prepared by Global Market
Estimates. For more information or to buy the
report, please visit https//www.globalmarketest
imates.com/medical-packaging-market/ Check our
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