Medical Devices Packaging Market Size
The medical devices packaging market size was valued at $36.69 billion in 2023 and is projected to reach $55.68 billion by 2029, growing at a CAGR of 7.2% from 2023 to 2029.
Medical Devices Packaging Market Overview
Medical device packaging refers to the specialized materials and processes involved in enclosing and protecting medical devices during storage, transportation, and distribution, ensuring their integrity and sterility until they reach the end user. This packaging plays a critical role in safeguarding the functionality and safety of medical devices, which can range from simple instruments to complex electronic equipment. The packaging design must adhere to stringent regulatory standards to meet the specific needs of the healthcare industry, addressing factors such as contamination prevention, tamper resistance, and user-friendly access. Additionally, medical devices packaging often incorporates features like labeling and instructions for use, contributing to the overall efficacy and reliability of the medical devices within. The packaging serves as a crucial component in the healthcare supply chain, where maintaining the quality and sterility of medical devices is paramount for ensuring patient safety and the effectiveness of healthcare interventions.
Market Dynamics:
Growth Drivers
- Rising need for eco-friendly medical device packaging.
- Development of smart packaging solutions.
Constraints
- High cost of packaging supplies.
- Complexity of regulatory regulations.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Based on material, the market is bifurcated into plastic, paper & paperboard, metal, and other materials.
By product, the market is fragmented into boxes, clamshells, pouches & bags, trays, and other products.
Following application, the market is sorted into devices, equipment & tools, implants, and in-vitro diagnostic (IVD).
List of the Key Players Profiled in the Report Includes:
- 3M Company
- Sonoco Products Company
- Amcor plc
- Berry Global Inc.
- DuPont de Nemours, Inc.
- WestRock Company
- Bemis Company Inc.
- Schott AG
- Oliver Healthcare Packaging
- Gerresheimer AG
- AptarGroup, Inc.
Market by, Geography:
The medical devices packaging market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
- North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
- Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
- South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
- Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
The report “Global Medical Devices Packaging Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.
The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
What Can be Explored with this Research Report:
- Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
- Identify growth opportunities.
- Porter’s five force analysis.
- In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
- Historical and forecast size of the market in terms of revenue (USD Million).
- Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Research Approach
3.6 Data Sources and Assumptions
4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges
4.5 Impact of COVID-19 on the Medical Devices Packaging Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Medical Devices Packaging Market by, Material
6.1 Overview
6.2 Plastic
6.3 Paper & Paperboard
6.4 Metal
6.5 Other Materials
7 Global Medical Devices Packaging Market by, Product
7.1 Overview
7.2 Boxes
7.3 Clamshells
7.4 Pouches & Bags
7.5 Trays
7.6 Other Products
8 Global Medical Devices Packaging Market by, Application
8.1 Overview
8.2 Devices
8.3 Equipment & Tools
8.4 Implants
8.5 In-Vitro Diagnostic (IVD)
9 Global Medical Devices Packaging Market by, Geography
9.1 Overview
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Australia
9.4.6 New Zealand
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 UAE
9.6.2 Saudi Arabia
9.6.3 Qatar
9.6.4 Iran
9.6.5 South Africa
9.6.6 Rest of Middle East & Africa
10 Key Developments
11 Company Profiling
11.1 3M Company
11.1.1 Business Overview
11.1.2 Product/Service Offering
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Activities
11.2 Sonoco Products Company
11.3 Amcor plc
11.4 Berry Global Inc.
11.5 DuPont de Nemours, Inc.
11.6 WestRock Company
11.7 Bemis Company Inc.
11.8 Schott AG
11.9 Oliver Healthcare Packaging
11.10 Gerresheimer AG
11.11 AptarGroup, Inc.
Report Details
SKU Code | : DI1973 |
Industry | : Packaging |
Region | : Global |
Tables | : 96 |
Format | : Electronic PDF |
Published | : 2023 |
Choose License Type
Why Diligence Insights?
-
24/7 Research Support
We understand the various needs of our customers and remain always flexible in our approach. And we have a 24X7 client engagement team to ensure the best customer experience.
-
Tailor-Made Values
We consider each and every client’s business issues unique and exhibit precise solutions befitting your business goals and expectations.
-
Data Accuracy and Reliability
We offer a 360-degree view of the market to generate high standards and comprehensive data.
-
Customer Satisfaction
At Diligence Insights, we are committed to offering high-quality market research reports to our esteemed clients and focus on providing innovative solutions.
-
Information Security
We stand by the information security policy and stick to keeping your business information safe and secure.