Medical Device Packaging Market Forecast 2019-2025 Growth Drivers, Regional Outlook
Category: #business  By Sachin Pashte  Date: 2019-09-12
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Medical Device Packaging Market Forecast 2019-2025 Growth Drivers, Regional Outlook

The latest trending report Global Medical Device Packaging Market to 2025 offered by Global Market Insights, inc is an informative study covering the market with detailed analysis. The report will assist reader with better understanding and decision making.

North America, led by the U.S. medical device packaging market may witness significant gains owing to advanced medicinal product producers focusing for high value-added equipment with specialized packing needs. Stringent government guidelines along with rise in healthcare sector should drive regional industry growth.

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Medical Device Packaging Market size is mainly driven by diagnostic centers, hospitals and therapeutic equipment manufacturers. Huge investment along with high-tech equipment and technology in the healthcare industry will enhance the industry growth.

Increasing healthcare expenditures along with growing health awareness among aging population may drive industry growth. Global medical device market may surpass USD 350 billion by 2024, with gains at over 4.5%. Recent developments in the healthcare sector and modern tools, machines, equipment and apparatus, may further enhance the industry growth. Innovations such as child resistant and tamper evident in packing is likely to fuel medical device packaging market size.

Pharmaceutical packing accounts for the largest market share in medical device packaging market. Global packaging industry was valued at over USD 500 billion in 2016. DuPont’s Tyvek is used in pharmaceutical and sterile medicinal packing, which is eventually driving the industry growth demand.

The Medical Device Packaging Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Medical Device Packaging Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 - 2025
3.3. Industry ecosystem analysis 
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2019
3.11. PESTEL analysis
3.14. Regional price trends

4. Medical Device Packaging Product Insights
5. Medical Device Packaging Application Insights

6. Medical Device Packaging Regional Insights
7. Competitor Profiles

Rising environmental concerns and providing better microbial packing may boost the sterile therapeutic packing, thereby enhancing the medical device packaging market growth. Global sterile therapeutic packing was valued at over USD 25 billion in 2016 and may surpass USD 40 billion by 2024, with gains at over 5%. Rising demand from the health care sector, usage of reliable packing and growing aging population may fuel product demand. Availability of new products in the field of biopharmaceutical and biologics supported by requirements for better compliance may drive industry growth.

Increase in flexible packing demand in medical device packaging as the vendors are approaching for innovative pouches which offers protection to various medicinal equipment. Global flexible packaging market may witness significant gains at over 5%. Shift in trends towards convenient packing due to properties including transparency, chemical resistance, the ability to be cast into various shapes and durability, which will influence industry growth.

Reasons to Buy This Report:

1. Medical Device Packaging Market size & share forecast by product & application 2019-2025

2. Growth drivers, pitfalls & industry challenges

3. Key Medical Device Packaging Market growth opportunities & emerging business models

4. Competitive benchmarking with market share analysis and company profiles

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Global medical device packaging market share is highly fragmented with prominent players including Mitsubishi Chemical Holdings Corporation, DuPont, Amcor Limited, Bemis Company, 3M Company, West Pharmaceutical Services, Chesapeake Limited, MeadWestvaco Corporation, Klöckner Pentaplast Group, Wipak Group, Riverside SteriPack., and Placon Corporation.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]    

Read more news @ https://www.marketwatch.com/press-release/acrylonitrile-butadiene-styrene-market-report-by-regional-revenue-growth-forecast-2019-2024-2019-09-10 

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About Author

Sachin Pashte    

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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