Global Medical Device Packaging Market, By Products (Pouches, Trays, Clamshell Packs, Wrap Films, Bags, Boxes, Cans, Others), Accessories (Labels, Lidding, Others), Material (Glass, Aluminium, Paper and Paperboard, Plastics, Teak, Others), Application (Sterile Packaging, Non-Sterile Packaging), Distribution Channel (Direct, Retail), End-User (Medical Manufacturing, Contract Packaging, Retail Packaging, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Medical devices play a vital role in the treatment and diagnosis of diseases and improving the quality of life for those people suffering from disabilities. Therefore the packaging needs to be well thought-through and implemented with documented and extensive evaluations. The increase in the number of chronic diseases and augmented the disbursement in healthcare facilities are anticipated to drive the growth of the market. The strict healthcare packaging materials have to be met with the requirements of packaging characteristics of medical supplies. This concept is growing market growth.
Data Bridge Market Research analyses that the medical device packaging market was valued at USD 31.23 billion in 2021 and is expected to reach USD 51.69 billion by 2029, registering a CAGR of 6.50% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Products (Pouches, Trays, Clamshell Packs, Wrap Films, Bags, Boxes, Cans, Others), Accessories (Labels, Lidding, Others), Material (Glass, Aluminium, Paper and Paperboard, Plastics, Teak, Others), Application (Sterile Packaging, Non-Sterile Packaging), Distribution Channel (Direct, Retail), End Users (Medical Manufacturing, Contract Packaging, Retail Packaging, Others)
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
Amcor plc (Switzerland), Bemis manufacturing company (US), Chesapeake (US), Dupont (US), Klöckner Pentaplast (Germany), 3M (U.S.), WestRock Company (US), Mitsubishi Chemical holdings Corporation (Japan), Oliver (US), Sonoco Products Company (US), Berry global Inc. (US), Tekni-Plex.(US), Aphena Pharma Solutions (US). CAMAC HOLDING B.V. (Netherland), TOPPAN Inc, (Japan), Avery Dennison Corporation (U.S.), CCL Industries Inc. (Canada), Constantia Flexibles Group GmbH (Austria), Wipak Group (Finland)
Medical Device Packaging is a key factor in securing and safe the device in the market during their shelf life. Packaging performs communication and protection with the humans, environment, and vice versa. Medical device packaging should be made from traceable and known materials which has these properties such as Non-toxic Free of holes, cracks, tears, non-leaching and odorless. Creases and localized thinning. The medical device requires medical packaging to avoid, biological contamination, physical damage, and any other external disturbance.
Medical Device Packaging Market Dynamics
- Rising demand for sustainable packaging
Life-cycle valuation is so innovative at this stage every company use it to support their sustainability claims even so, reuse, recycling and reduction are specifically restricted to sterile medical device packaging. Recycled materials can pose the concerns about heterogeneity of composition. Reuse is unreliable with the safety in disposable sterile medical devices. Reduction is not the dominant factor of the companies that double-package such as a primary package closed inside the secondary package so that the main package remains sterile on the exterior and interior.
- Increase the use of aluminum
Rising the use of Aluminum metal in the packaging of medical device because it is effective against oxygen, moisture and light. It is majorly used as a foil in packaging of medical device. Due to these properties, the demand for aluminum is growing in medical devices that incorporate biologics and pharmaceuticals. So the aluminum metal are expected to drive the growth of medical device packaging market.
- High demand of pouches for packaging
Pouches are extensively used containers for small sized to medium-sized soft and semi-soft medical goods. It is not weak to damage during storage and shipment. The specific application of pouches include dialysis disconnect caps, wound dressings, intravenous (IV) catheters, IV administration sets, small surgical instruments, diagnostic test packs, sutures, and dental supplies.
Factors such as the launch of numerous advanced medical devices that need specialized packaging, technological advancement in the medical device sector, and increase in demand for innovative packaging solutions will drive the growth of the medical packaging market. Furthermore, increased supply and production of medical devices, medicines, and drugs across the world also will acts as market driver and further increase the advantageous opportunities for the market's growth rate.
However, strict rules and regulations which has imposed by governments globally hinders the growth of the global medical device packaging market. Moreover, the use of plastic materials for packaging have negatively affected the environment. These are the major market restrains which will hinder the market's growth rate.
This medical device packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the medical device packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Medical Device Packaging Market
The outbreak of the Covid-19 pandemic has affected significantly and disrupted the workflow in the medical industry. Numerous sub-sections of the healthcare sector, such as equipment, workers, and other facilities, converged together to manage with the increasing number of patients during pandemic. Certainly, rising demand for oximeters, ventilators respirators and other medical devices positively impacted the growth of the medical device packaging market globally.
Global Medical Device Packaging Market Scope
The medical device packaging market is segmented on the basis of products, accessories, material, application, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Clamshell Packs
- Wrap Films
- Paper and Paperboard
- Sterile Packaging
- Non-Sterile Packaging
- Medical Manufacturing
- Contract Packaging
- Retail Packaging
Medical Device Packaging Market Regional Analysis/Insights
The medical device packaging market is analysed and market size insights and trends are provided by country, products, accessories, material, application, distribution channel and end-user as referenced above.
The countries covered in the medical device packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the medical device packaging market in terms of market share during the forecast period. This is due to the increasing demand for medical device packaging in this region. North America region dominates the medical device packaging market due to the presence of main medical devices market players which is coupled with high level of export of medical devices in this region.
During the projected period, Asia-Pacific is anticipated to be the fastest developing region due to the increasing geriatric population which is demanding for medical treatment coupled with the augmented private and public spending on healthcare infrastructure in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Medical Device Packaging Market Share Analysis
The medical device packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical device packaging market.
Some of the major players operating in the medical device packaging market are:
- Amcor plc (Switzerland)
- Bemis manufacturing company (US)
- Chesapeake (US)
- Dupont (US)
- Klöckner Pentaplast (Germany)
- 3M (U.S.)
- WestRock Company (US)
- Mitsubishi Chemical holdings Corporation (Japan)
- Oliver (US)
- Sonoco Products Company (US)
- Berry global Inc. (US)
- Tekni-Plex. (US)
- Aphena Pharma Solutions (US)
- CAMAC HOLDING B.V. (Netherland)
- TOPPAN Inc, (Japan)
- Avery Dennison Corporation (U.S.)
- CCL Industries Inc. (Canada)
- Constantia Flexibles Group GmbH (Austria)
- Wipak Group (Finland)
Research Methodology: Global Medical Device Packaging Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.