Medical Device Packaging Market -IGR 2023

1
Medical Device Packaging Market Global Industry
Analysis, Trends, Market Size Forecasts up to
2023
2
The report on Medical Device Packaging Market by
packaging type (trays, bags, pouches, clamshell
packs) trends analysis and forecasts up to 2023
studies the market sizes, key trends and
opportunities in the main geographies such as
North America, Europe, Asia-Pacific, Rest of the
World. According to the report the Global
Medical Device Packaging Market is projected to
grow at a CAGR between 5.8 and 6.3 in terms of
value over the period of 2017-2023. The growth
in the world market is primarily driven by
significant contribution by North America
(Leading region) region to this market. Get a
Sample Request- https//www.infiniumglobalresearc
h.com/Reports/MakeSampleRequest/797 Market
Insights- The report identified that the medical
device packaging market is driven by factors such
as, growing importance of medical device
packaging to prevent counterfeiting of medical
devices, growing demand for implantable devices,
and technological advancements and innovative
packaging methods in medical device packaging.
On the other hand, the restraining factors
identified in the study include stringent
regulations in developed economies, and
requirement of huge initial capital
investment. Increasing sales of medical
consumables and emergence of the pharmaceutical
industry in the Asia Pacific and Latin America
provide opportunity for major players in the
emerging and developing economies. Improving the
awareness about medical device packaging for
products among physicians and public in
non-developed markets is a challenge for the
major players to expand further during the
forecast period.
3
Segments Covered- The report segments the
medical device packaging market on the basis of
material, packaging type and region. The market
size of each segment has been provided in terms
of value (USD). The market segmentation by
packaging type includes trays, bags, pouches,
clamshell packs and others. The market segments
by material include paper, plastic, paperboard
and others. Make an Enquiry- https//www.infinium
globalresearch.com/Reports/MakeEnquiryRequest/797
Geographic Coverage and Analysis- The report
provides regional analysis covering geographies
such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section the key trends
and market size for each geography is provided
over the period of 2017 2023. North America is
the key consumer of the medical device packaging
products in the global market. In 2016, this
region accounted for over 32 share in the global
market. Moreover, the Asia-Pacific region is
projected to grow at the highest CAGR over the
forecast period. High demand from countries such
as Japan, India and South Korea are likely to
drive the growth in the Asia-pacific medical
device packaging market. Moreover, emerging
economies across APAC region expected to be a
factor for growth during forecast
period. Companies Profiled- The companies
covered in the report include Amcor Limited,
Bemis Company Inc., Chesapeake Limited, E. I. du
Pont de Nemours and Company, Klöckner Pentaplast
Group, 3M Company, WestRock Company, Mitsubishi
Chemical Holdings Corporation, and Oliver
Healthcare Packaging.
4
Report Highlights- The report provides deep
insights on demand forecasts, market trends and
micro and macro indicators. In addition, this
report provides insights on the factors that are
driving and restraining the demand of medical
device packaging globally as well as regionally.
Moreover, IGR-Growth Matrix analysis given in the
report brings an insight on the investment areas
that existing or new market players can
consider. The report provides insights into the
market using analytical tools such as Porters
five forces analysis and DRO analysis of medical
device packaging. Moreover, the study highlights
current market trends and provides forecast from
2017 to 2023. We also have highlighted future
trends in the medical device packaging market
that will impact the demand during the forecast
period. Moreover, the competitive analysis given
in each regional market brings an insight on the
market strategies of the leading players. This
report will help manufacturers, suppliers and
distributors of the medical device packaging
market to understand the present and future
trends in this market and formulate their
strategies accordingly. Click the Below Full
Report- https//www.infiniumglobalresearch.com/co
nsumer_goods_packaging/global_medical_device_packa
ging_ market