North America 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), End Users (Medical Manufacturing, Contract Packaging, Retail Packaging and Others), Distribution Channel (Direct and Retail), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Medical Device Packaging Market
Medical device packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 5.60% in the above-mentioned forecast period.
Medical device packaging is packaging used for all of the medical devices including surgical equipment to devices for medical imaging and keeps the devices sterile and free from any kind of contamination. The medical device packaging plays an important role as it provides a protective layer and further offers convenient handling options.
Growing demand for flexible packaging along with surging number of patients with acute and chronic ailments is driving the growth in the market value. Moreover, rising environmental concerns which leads to the production and innovation of eco-friendly packing solutions further induce the demand for the market. However, the plastic materials used for packaging have an ill effect on the environment which will create hindrances for the market growth rate.
The introduction of new and innovation medical devices require specialized and smart packing solutions provide profitable opportunities for the growth of the market. The presence of strict and stringent regulations by the government on the packing materials and packing services is projected to further dampen the market growth rate, resulting in generating challenges for 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 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.
North America Medical Device Packaging Market Scope and Market Size
Medical device packaging market is segmented on the basis of products, accessories, material, application, end users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of products, the medical device packaging market is segmented into pouches, trays, clamshell packs, wrap films, bags, boxes, cans and others.
- On the basis of accessories, the medical devices packaging market is segmented into labels, lidding and others.
- On the basis of material, the medical devices packaging market is segmented into glass, aluminium, paper and paperboard, plastics, teak and others.
- The medical devices packaging market can also be segmented on the basis of application into sterile packaging and non-sterile packaging.
- On the basis of end users, the market is segmented into medical manufacturing, contract packaging, retail packaging and others.
- The global medical devices packaging market is also segmented on the basis of distribution channel into direct and retail.
Medical Device Packaging Market Country Level Analysis
The medical device packaging market is analyzed and market size insights and trends are provided by products, accessories, material, application, end users and distribution channel as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America.
U.S. is estimated to dominate the medical device packaging market and will continue to flourish its trend of dominance during the forecast period due to rising demand of convenient packaging, presence of key medical devices market players coupled with increasing research projects for efficient packaging material.
The country section of the medical device packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America 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, North America 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.
The major players covered in the medical device packaging market report are Amcor plc, DuPont., Placon., Sonoco Products Company, Printpack., Klöckner Pentaplast, Berry Global Inc., Constantia Flexibles, Plastic Ingenuity, Tekni-Plex., WestRock Company., Aphena Pharma Solutions., Beacon Converters, CLONDALKIN GROUP, Oliver Packaging & Equipment Company, Sealed Air, SIGMA MEDICAL SUPPLIES CORP., Technipaq Inc., 3M and TOPPAN PRINTING CO., LTD among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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