Global Medical Device Packaging Market Size To Exceed USD 76.5 Billion By 2035 | CAGR of 6.19%
Category: HealthcareGlobal Medical Device Packaging Market Size To Exceed USD 76.5 Billion By 2035
According to a research report published by Spherical Insights & Consulting, the Global Medical Device Packaging Market Size is Expected to Grow from USD 39.5 Billion in 2024 to USD 76.5 Billion by 2035, at a CAGR of 6.19% during the forecast period 2025-2035.
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Browse key industry insights spread across 240 pages with 130 Market data tables and figures & charts from the report on the "Global Medical Device Packaging Market Size, Share, and COVID-19 Impact Analysis, By Material (Plastic, Aluminium, Paper & Paperboard, and Others), By Product Type (Boxes & Cartons, Bags & Pouches, Trays, Clamshell, Laminates, Films, and Others), By Application (Disposable Consumables, Therapeutic Equipment, and Monitoring & Diagnostic Equipment), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/medical-device-packaging-market
The medical device packaging market is the industry of materials and services used for protecting and preserving the sterility and functionality of medical devices during storage, transportation, and use. Medical device packaging is used for safely containing, protecting, and preserving healthcare products, such as medical devices and pharmaceuticals. There is a surging trend towards the adoption of sustainable environmental impact, which is bolstering the medical device packaging market. The emergence of innovative packaging solutions prioritizing product integrity and safety is creating market opportunities in the emerging economies. Stringent regulations on robust packaging, advancement in medical device packaging, and focus on patient safety and infection prevention are several factors that are driving the medical device packaging market. On the contrary, the volatility in raw material prices and environmental concerns regarding packaging waste are challenging the market of medical device packaging.
The plastic segment dominated the market with the largest market share in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the material, the medical device packaging market is divided into plastic, aluminium, paper & paperboard, and others. Among these, the plastic segment dominated the market with the largest market share in 2024 and is projected to grow at a substantial CAGR during the forecast period. The increasing popularity of plastic materials, such as polyethylene, polypropylene, polyvinyl chloride, and polystyrene, owing to their biocompatibility and cost-effectiveness, is propelling the medical device packaging market.
The trays segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the product type, the medical device packaging market is divided into boxes & cartons, bags & pouches, trays, clamshell, laminates, films, and others. Among these, the trays segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Protection, sterility, visibility, and other beneficial features are provided by the medical trays, with rigidity and strength propelling the market in the trays segment.
The disposable consumables segment accounted for the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the medical device packaging market is divided into disposable consumables, therapeutic equipment, and monitoring & diagnostic equipment. Among these, the disposable consumables segment accounted for the largest market share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Medical disposable consumables include syringes, gloves, catheters, and wound care products. An increasing demand for disposable medical supplies, owing to the prevalence of hospital-acquired infections and their awareness, is propelling the market.
North America is expected to hold the majority share of the global medical device packaging market during the forecast period.
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North America is expected to hold the majority share of the global medical device packaging market during the forecast period. An increasing trend of medical device packaging products due to the rising number of surgeries is responsible for driving the market. Further, the presence of a highly developed and advanced healthcare infrastructure in the region is contributing to propelling the market.
Asia Pacific is anticipated to grow at the fastest pace in the global medical device packaging market during the forecast period. Increasing healthcare spending and rising demand for medical devices are driving the medical device packaging market. Further, the adoption of single-use medical equipment and innovation in medical device packaging is propelling the market growth.
Europe is expected to hold a significant share of the medical device packaging market during the projected timeframe. The preference for single-use medical devices is driving demand for reliable sterile packaging for preventing cross-contamination, thereby propelling the market demand. In addition, a robust healthcare ecosystem, where medical technology plays a critical role in the economy, is enhancing the market.
Major vendors in the global medical device packaging market are Amcor, 3M Company, DuPont, AR Packaging, Shanghai Jianzhong Medical Packaging Co., Ltd., Printpack, Avient Corporation, Oliver Healthcare Packaging, Steril Medipac, Dordan Manufacturing, Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In November 2023, Amcor, a global leader in developing and producing responsible packaging solutions, announced the launch of the next generation of its Medical Laminates solutions.
- In November 2023, Medical packaging manufacturer Coveris is set to launch a new recyclable, flexible thermoforming film solution, called Formpeel P, for use in various medical packaging applications.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the medical device packaging market based on the below-mentioned segments:
Global Medical Device Packaging Market, By Material
- Plastic
- Aluminium
- Paper & Paperboard
- Others
Global Medical Device Packaging Market, By Product Type
- Boxes & Cartons
- Bags & Pouches
- Trays
- Clamshell
- Laminates
- Films
- Others
Global Medical Device Packaging Market, By Application
- Disposable Consumables
- Therapeutic Equipment
- Monitoring & Diagnostic Equipment
Global Medical Device Packaging Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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