The Global Sterile Medical Packaging Market is valued at USD 34.72 Billion in 2020 and is expected to reach USD 64.50 Billion by 2027 with a CAGR of 9.25% over the forecast period.
Sterile medical packaging is a non-reusable packaging material that goes about as obstruction against microbial transmission. The majority of these packaging, like wraps, pockets, and holders are designed to prevent medical items from the outer environment and accidental transmission of diseases. Packaging is a vital and internal part of product manufacturing. It ensures products’ safety and effortless transport of products.
Factors such as application, performance, and selection of proper sterilization packaging systems are important for the prosecution of sterilization of the packaged content, maintaining sterility of the packaged contents until the package is open for use, and enabling withdrawal of contents without infection.
Key Players in Sterile Medical Packaging Market:
- Amcor Limited
- Placon
- Dupont
- Steripack
- Wipak Group
- 3M medical Packaging
- Nelipak Healthcare
- Oracle Packaging
- Sonoco Plastics Europe
- Billerkornas AB
- Ampac Group
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Global Sterile Medical Packaging Market Segmentation:
The Global sterile medical packaging market is segmented on the basis of type, material, application, and region & country level. On the basis of type, the sterile medical packaging market is classified as thermoform trays, sterile bottles & containers, vials & ampoules, pre-fillable inhalers, sterile closures, pre-filled syringes, bags & pouches, wraps and others.
By Type:
- Thermoform trays
- Sterile bottles & containers
- Vials & ampoules
- Pre-fillable inhalers
- Sterile closures
- Pre-filled syringes
- Bags & pouches
- Wraps
By Material:
- Plastics
- Metals
- Glass
- Paper & paperboard
By Application:
- Pharmaceutical & Biological
- Surgical & Medical Instruments
- In Vitro Diagnostic Products
- Medical Implants
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Rising Covid-19 Cases, Increasing Demand for Sterile Medical Packaging in Healthcare and Pharmaceutical Industries and Growing Technological Advancements Drive the Market Growth:
One of the major factors driving the growth of the global sterile medical packaging market is due to increasing cases of Covid-19. For instance; according to World Health Organization (WHO), about 183,463,377 cases and 3,972,549 deaths reported worldwide up to June 2nd, 2021 across 216 countries. Sterilization plays an important vital role in preventing the transmission of this life-threatening Covid-19 disease. Thus, many prominent companies are persistently manufacturing sterile medical packaging, such as containers, pouches, and wraps to protect products against unintended transmissions.
However, regulations regarding specifications and materials used by manufacturers in packaging may hamper the global sterile medical packaging market growth. In spite of that, the development of new sustainable packaging options and the wide demand for medical devices in the healthcare sector can offer more opportunities for global sterile medical packaging market growth.
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North America is Expected to Dominate the Global Sterile Medical Packaging Market:
North America is anticipated to dominate the sterile medical packaging market due to the increasing demand for sustainable and high-quality products, the presence of various market players, and advancement in technology in this region. Also, growing technological advancement and collaborations of different organizations drive the market in this region. Asia-Pacific region is expected to show the fastest growth in the global sterile medical packaging market due to the improved healthcare infrastructure and increasing awareness regarding the benefits of sterile medical packaging in this region. According to the United Nations estimates, the current population of Asia is 4,677,476,048. Asia’s population is equivalent to 59.76% of the total world population.
Key Benefits of Global Sterile Medical Packaging Market Report:
- Global Sterile Medical Packaging Market report covers in-depth historical and forecast analysis.
- Global Sterile Medical Packaging Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, and Regional and Country Level.
- Global Sterile Medical Packaging Market report helps to identify opportunities in the marketplace.
- Global Sterile Medical Packaging Market report covers an extensive analysis of emerging trends and the competitive landscape.
On Special Requirement the Global Sterile Medical Packaging Market. The report is also available for the below Regions and Countries:
North America
- US.
- Canada
Europe
- Germany
- France
- UK.
- Italy
- Spain
- Sweden
- Netherland
- Turkey
- Switzerland
- Belgium
- Rest of Europe
Asia-Pacific
- South Korea
- Japan
- China
- India
- Australia
- Philippines
- Singapore
- Malaysia
- Thailand
- Indonesia
- Rest Of APAC
Latin America
- Mexico
- Colombia
- Brazil
- Argentina
- Peru
- Rest of South America
Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest Of MEA
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