With increase in the amount of medical implants produced, the need for secure packaging material with greater physical protection and higher contamination has grown tremendously. This has led to the development of numerous international medical implants wholesale packaging industry in recent years. Moreover, stringent government rules and regulation for handling the medical devices has also led to high adoption of medical implants sterile packaging.
Major players operating in the global medical implants sterile packaging market are focused on launching new products to expand their product portfolio. For instance, in December 2019, Covestro launched Makrofol MA507 polycarbonate film, a transparent film offering visual inspection of implants before unpacking. It also offers stable protection for the product itself.
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Launch of new products is expected to propel growth of the global medical implants sterile packaging market over the forecast period. For instance, in February 2017, UFP Technologies, Inc. expanded its FlexShield product line to include sterile barrier integrity protection for any medical device. It is a pouch used to protect medical instruments and provide puncture and abrasion resistance to an external sterile barrier.
Increasing expenditure on healthcare is also expected to aid in growth of the market over the forecast period. For instance, according to The Centers for Medicare & Medicaid Services, the U.S. health spending is projected to reach nearly US$ 6.0 trillion by 2027.
Market Trends:
The global medical implants sterile packaging market is estimated to be valued at US$ 1,741.3 million in 2019, and is expected to exhibit a CAGR of 7.1% during the forecast period (2019-2027).
Increasing number of joint replacement surgeries is expected to propel growth of the global medical implants sterile packaging market in Europe. For instance, around 2.35 million cases of joint replacement were registered in the NJR, during the period of the financial year 2016 and 2017, according to the National Joint Registry (NJR) for England, Wales.
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Market: Restraints
Product recalls are expected to limit growth of the global medical implants sterile packaging market. For instance, in March 2019, the U.S. Food and Drug Administration reported a total of 29 medical device recalls, of which seven were reported in July 2019, compared to 14 medical device recalls in March 2018.
Moreover, high cost of the medical implant sterile packaging is also expected to hinder growth of the market.
Competitive Landscape
Major players operating in the global medical implant sterile packaging market include, Bemis Company, Inc., Janco Inc., Multivac Group, Oliver Tolas, Orchid Orthopedic Solutions LLC, Sealed Air Corporation, and Steripack Contract Manufacturing.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Material Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Impact Analysis
- Industry Trend
- Pricing Analysis
- Reimbursement Scenario
- Mergers and Acquisitions
- PEST Analysis
- Market Dynamics
- Global Medical Implants Sterile Packaging Market, By Product Type, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Pouches and Bags
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Clamshell
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Blisters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Tubes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Vials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Introduction
- Global Medical Implants Sterile Packaging Market, By Application, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Spinal Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Reconstructive Joint Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Hip Joints
- Knee Joints
- Elbow Joints
- Others
- Extremity Braces and Support
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Knee
- Foot/Ankle
- Hand
- Elbow/Wrist
- Dental Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Cardiovascular Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Introduction
- Global Medical Implants Sterile Packaging Market, By Material Type, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Plastic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Paper
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Foils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Glass
- Introduction
- Market Size and Forecast, and Y-o-Y Growth , 2016 – 2027, (US$ Million)
- Introduction
- Global Medical Implants Sterile Packaging Market, By Region, 2016 – 2027 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2016 – 2027
- North America
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country/Region, 2016 – 2027, (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Oliver Tolas
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Bemis Company, Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Development
- Steripack Contract Manufacturing
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Development
- Orchid Orthopedic Solutions LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Development
- Multivac Group.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Development
- Janco Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Development
- Sealed Air Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Development
- Oliver Tolas
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
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