Pune, India -- (SBWire) -- 07/17/2018 --The Global Medical Device Packaging Market is expected to reach USD 37,719.7 million by 2024 from USD 23,400.0 million in 2016, growing at a CAGR of 6.2% in the forecast period 2017 to 2024.
The major factors driving the growth of this market are the increased demand of flexible packaging, growing medical device market, increasing importance of packaging for medical device, increase in demand for innovative products such as child resistant and tamper evident packaging are fuelling the growth of the medical device packaging market.
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The key market players for Global Medical Device Packaging Market are listed below:
- Bemis Company Inc.,
- Berry Global Inc.,
- Barger, DuPont,
- CONSTANTIA,
- 3M, Texchem Polymer Engineering Division,
- Klöckner Pentaplast,
- CONSTANTIA,
- Technipaq Inc.,
- Plastic Ingenuity,
- Beacon Converters, Inc.,
The global medical device packaging market is segmented on the basis of drug delivery device packaging, container type, raw material, end user, distribution channel and geography.
Based on container type, the global medical device packaging market is segmented into Pouches, bags, blister packaging, clamshells, boxes and others.
Based on raw material, the market is segmented into plastics, paper & paper board, glass and others. Plastic is further sub-segmented into polyethylene, polypropylene and others. Polyethylene is sub-segmented into high-density polyethylene and low-density polyethylene.
Based on end users, the market is classified into medical manufacturing, contract packaging, retail packaging and others. In 2017, the medical manufacturing segment is expected to dominate the market and contract packaging is expected to grow with the highest CAGR in the forecast period.
Based on distribution channel, the market is classified into direct tenders and retail. In 2017, the direct tenders segment is expected to dominate the market and is expected to continue this trend till 2024.
North America Industry Segmentation
Container Type: The market is segmented into pouches, bags, blister packaging, clamshells, boxes and others.
Raw Material: Market is segmented into plastics, paper & paper board, glass and others. Plastic is further sub-segmented into polyethylene, polypropylene and others. Polyethylene is sub segmented into high-density polyethylene and low-density polyethylene.
End User: Medical manufacturing segment is expected to dominate the market and is expected to follow the similar trend in the forecast period.
Distribution Channel: Direct tenders segment is expected to dominate the market and is expected to continue this trend till 2024.
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Europe Industry Segmentation
Container Type: Market is segmented into pouches, bags, blister packaging, clamshells, boxes and others.
Raw Material: Market is segmented into plastics, paper & paper board, glass and others. Plastic is further sub-segmented into polyethylene, polypropylene and others. Polyethylene is sub segmented into high-density polyethylene and low-density polyethylene.
End User: Market is classified into medical manufacturing, contract packaging, retail packaging and others. In 2017, the medical manufacturing segment is expected to dominate the market and contract packaging is expected to grow with the highest CAGR in the forecast period.
Distribution Channel: Market is classified into direct tenders and retail. In 2017, the direct tenders segment is expected to dominate the market and is expected to continue this trend till 2024.
Table Of Content
- Introduction
1.1. Objectives Of The Study
1.2. Market Definition
1.3. Overview Of Global Medical Device Packaging Market
1.4. Currency And Pricing
1.5. Limitation
1.6. Markets Covered
- Market Segmentation
2.1. Markets Covered
2.2. Geographic Scope
2.3. Years Considered For The Study
2.4. Currency And Pricing
2.5. Research Methodology
2.6. Primary Interviews With Key Opinion Leaders
2.7. Secondary Sources
2.8. Assumptions
- Market Overview
3.1. Drivers
3.1.1. The Importance Of Packaging For Medical Device
3.1.2. Cost Is Driving Innovations
3.1.3. Increased Demand Of Flexible Packaging
3.1.4. Growing Medical Device Market
3.1.5. Innovative Products Such As Child Resistant And Tamper Evident Packaging Are Fuelling The Growth Of The Market
3.2. Restraints
3.2.1. Stringent Government Regulations
3.3. Opportunities
Continue…
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