Sterile Packaging For Medical Devices: Worldwide Overview By Industry Size, Share, Future Trends, Growth Factors and Leading Players
Global Electronic Flight Bag Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
Pune , India – March 19, 2019 /MarketersMedia/ —
Electronic Flight Bag Market Research Report 2019 published By Market Research Future, provides information on Global Electronic Flight Bag Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Type (Thermoform trays, Flexible pouches, Bottles and others) by Material (Glass, Plastic, Metal, and others) by End Use (Surgical instruments, Pharmaceuticals, and others) by Sterilization methods (Chemical, Radiation, and others) and Region – Forecast to 2021
The growth of the Healthcare Sector Poised to Support Expansion of Global Sterile Medical Packaging Market
Market Synopsis:
According to Market Research Future (MRFR)’s report, the global sterile medical packaging market has been projected to exhibit steady but constant growth over the forecast period 2016 to 2021. The growth of the healthcare industry is likely to reflect on the revenue accumulation of the market in the foreseeable future.
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The growing awareness about hygiene and the rising prevalence of diseases are presumed to intensify the demand for sterile packaging in the medical industry. The towering demand for medical devices is further expected to catalyze the growth of the sterile medical packaging market over the assessment period.
The mandates issues by the governments for regulating the packaging of medical equipment is another major factor responsible for the expansion of the sterile medical packaging market. Additionally, the rise in healthcare services demand coupled with exponential population is prognosticated to have a favorable impact on the proliferation of the market in the forthcoming years.
The sterile medical packaging market is anticipated to attract massive investments from the key players for product development. Technological innovations are presumed to dictate the growth of the market in the forthcoming years. The discovery of improved sterilization methods is poised to augment the market in the foreseeable future.
Competitive Dashboard:
Some of the major participants of the sterile medical packaging market are-
• West Pharmaceutical Services Inc.
• Oliver Tolas Healthcare Packaging
• MULTIVAC Sepp Haggenmüller SE & Co. KG
• Orchid Chemicals & Pharmaceuticals Ltd.
• SteriPack Ltd.
• Selenium Medical
• Wipak Walsrode GmbH & Co. KG
• Riverside Medical Packaging Company Ltd.
• Placon Corporation
• Oracle Packaging Inc.
• Janco INC.
• DuPont De Nemours and Company
• Bemis Company Inc.
• Amcor Limited
Industry News:
In February 2019, a provider of barcode and RFID application solutions, SATO America, has announced the launch of WS2 direct thermal desktop printer. The printer is space-saving, hygienic WS2 is disinfectant-ready.
In February 2019, Oliver Healthcare Packaging, a leading supplier of die-cut lids, roll stock, pouches and mounting cards to the healthcare industry, has announced the acquisition of CleanCut Technologies, which is an FDA-registered medical packaging provider located in Anaheim, CA.
In January 2019, flexible packaging innovator Rollprint Packaging Products has merged with EuroFoil Teo in Ireland and Alliantz Flexible Packaging in Singapore. The combined company is known as PAXXUS which will be manufacturing and supplying flexible packaging for the healthcare market.
Market Segmentation:
By type, the global sterile medical packaging market has been segmented into thermoform trays, flexible pouches, bottles and others.
By material, the sterile medical packaging market is segmented into glass, plastic, metal, and others.
By application, the global sterile medical packaging market has been segmented into surgical instruments, pharmaceuticals, and others.
By Sterilization method, the global sterile medical packaging market has been segmented into chemical, radiation, and others.
Regional Analysis:
The global sterile medical packaging market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected to hold a dominant share of the market in the forthcoming years. The growth of healthcare technology has led to the deployment of advanced medical equipment in the region. This, in turn, has been projected to accelerate the revenue creation for the market players. Other factors responsible for the development of the sterile medical packaging market in the region are government regulations, requirement of meeting hygiene standards, growth of the healthcare sector, etc.
Asia Pacific is anticipated to exhibit the highest CAGR over the next couple of years. The rapid developments in the healthcare sector of the region are expected to lead the growth of the sterile medical packaging market in the region.
Scope of Report
The report for Global Sterile Medical Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.
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Source: MarketersMedia
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