PUBLISHER: TechNavio | PRODUCT CODE: 1398135
PUBLISHER: TechNavio | PRODUCT CODE: 1398135
The medical device packaging market is forecasted to grow by USD 15.3 bn during 2023-2028, accelerating at a CAGR of 8.8% during the forecast period. The report on the medical device packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of medical devices, high healthcare expenditure on medical technologies, and shift toward smart packaging of medical devices.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.78% |
CAGR | 8.8% |
Incremental Value | $15.3bn |
Technavio's medical device packaging market is segmented as below:
By Application
By Product
By Geographical Landscape
This study identifies the technological advances in medical device packaging as one of the prime reasons driving the medical device packaging market growth during the next few years. Also, growing demand for flexible packaging solutions and increase in demand for child-resistant packaging will lead to sizable demand in the market.
The report on the medical device packaging market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical device packaging market vendors that include Amcor Plc, Berry Global Inc., CCL Industries Inc., Constantia Flexibles Group GmbH, DuPont de Nemours Inc., Gerresheimer AG, Glenroy Inc., Healthcare Print and Packaging Ltd., KP Holding GmbH and Co. KG, Life Science Outsourcing Inc., Oliver Healthcare Packaging Co., RENOLIT SE, Riverside Medical Packaging Co. Ltd., Rohrer Corp., rose plastic AG, Sonoco Products Co., STERIMED, West Pharmaceutical Services Inc., WestRock Co., and Wipak Group. Also, the medical device packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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