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Sterile Medical Packaging Market in the US to Grow at a CAGR of 7.23% over the Period 2014-2019, Finds New Report

Market Research Reports, Inc. has announced the addition of “Sterile Medical Packaging Market in the US 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 04/01/2015 -- Report forecast the Sterile Medical Packaging market in the US to grow at a CAGR of 7.23 percent over the period 2014-2019.

Medical products include pharmaceutical products, medical devices, surgical devices, and other healthcare-related products. Drugs/pharma products hold a major share in the Sterile Medical market. The packaging of medical products is a complex process because of their molecular and chemical structures. They need to be packaged with extremely protective and durable materials to prevent contamination. Also, the packaging materials are first sterilized before being used for packaging. The evolution of new diseases and increased health awareness have brought a transformation in the Medical Products Packaging industry. Some of the types of packaging used are bottles, vials, blisters, tubes, prefilled syringes, and prefilled inhalers, which are chosen as per the requirement of the product as well as the convenience of the customers.

The Sterile Medical Packaging market in the US is segmented based on the type of products, type of materials, and by application.

According to the report, one of the major factors driving this market is the rapid growth of the Healthcare industry. In recent years, demand for healthcare products has increased sharply because of the growing population, improved purchasing power, and increased consciousness of health and fitness.

Further, the report states that vendors in the market are facing increased pressure to implement effective pricing strategies. Rising raw material costs and the intense competition pose major challenges to vendors. Concerns about the use of plastic packaging for medical products are forcing manufacturers to look at sustainable options that are, however, more capital intensive.

Sterile Medical Packaging Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key players in the Sterile Medical Packaging Market in the US: Amcor Ltd., Baxter International Inc., Bemis Company Inc., Cardinal Health Inc. and E. I. du Pont de Nemours and Co. (DuPont)

Other Prominent Vendors in the market are: 3M, Ahlstrom, Alcan, Alcoa, Barger, Becton, Dickinson, Catalent Pharma Solutions, DeRoyal Industries, Eastman Chemical, Gerresheimer Group, Heritage Pioneer Corporate Group, Honeywell, Hospira, Janco, Kimberly-Clark, MeadWestvaco, Medline Industries, Oliver Products, Owens-Illinois, Pharma Packaging Solutions, Rollprint Packaging Products, SCHOTT, SteriPack, Superior Pack Group, Svenska Cellulosa, Technipaq, Tekni-Plex, TOLAS Health Care Packaging, Unicep Packaging, West Pharmaceutical Services, Wheaton Industries and Wipak

Market Driver
- Rapid Growth of Healthcare Industry
- For a full, detailed list, view our report

Market Challenge
- Increase in Pricing Pressures
- For a full, detailed list, view our report

Market Trend
- Increased Demand for Blister Packs
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 91 pages "Sterile Medical Packaging Market in the US 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Types of Product, Market Segmentation by Types of Material, Market Segmentation by Application, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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