The latest report published by IMARC Group, titled “Sterile Medical Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on sterile medical packaging market overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global sterile medical packaging market size reached US$ 44.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 68.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.49% during 2023-2028.
What are sterile medical packaging?
Sterile medical packaging refers to the specialized packaging materials and techniques used to maintain the sterility and integrity of medical devices, instruments, and pharmaceutical products throughout their lifecycle. It plays a critical role in ensuring that medical products remain free from contamination and maintain their efficacy until they are used. The primary purpose of sterile medical packaging is to protect medical products from contamination by microorganisms, particulate matter, moisture, and other environmental factors. It aims to maintain the sterility of the contents until the package is opened in a controlled healthcare setting. Some of the common materials used for sterile medical packaging include various types of plastics, such as polyethylene, polypropylene, polyester, and polyethylene terephthalate (PET).
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What are the growth prospects and trends in the sterile medical packaging industry?
The global market is majorly driven by significant growth in the healthcare sector. Moreover, numerous initiatives undertaken by regulatory bodies to impose strict guidelines and standards for sterile medical packaging. As compliance with these regulations is essential for manufacturers to ensure the safety and efficacy of medical products, thus creating a positive market outlook. Furthermore, the increasing focus on infection control and patient safety is significantly supporting the demand for sterile medical packaging that can effectively protect medical devices, instruments, and pharmaceutical products from contamination. The market is further driven by continuous advancements in packaging materials and technologies that enhance the performance and functionality of sterile medical packaging. Also, the trend toward single-use medical devices and instruments, driven by infection control measures and cost-effectiveness, is creating a higher demand for sterile packaging. Some of the other factors driving the market further include the growing prevalence of numerous medical ailments and the development of healthcare facilities across the rural location.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 3M Company
- Amcor plc
- Berry Global Inc.
- BillerudKorsnäs AB
- DuPont de Nemours Inc.
- Janco Inc.
- Nelipak Corporation
- Orchid Orthopedic Solutions LLC
- Placon Corporation
- Riverside Medical Packaging Company Ltd.
- Sonoco Products Company
- SteriPack Group Ltd
- Technipaq Inc.
- Wihuri International Oy
Sterile Medical Packaging Market Segmentation:
Our report has categorized the market based on region, type, material, sterilization method and end user.
Breakup by Type:
- Thermoform
- Trays
- Bottles
- Closures
- Inhalers
- Vials
- Ampules
- Wraps
- Others
Breakup by Material:
- Plastic
- Glass
- Metal
- Paperboard
- Paper
Breakup by Sterilization Method:
- Chemical Sterilization
- Radiation Sterilization
- Pressure/Temperature Sterilization
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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