Sterile Medical Packaging Market expected to show steady growth by 2024
Sarasota, FL -- (SBWIRE) -- 09/20/2017 -- Packaging is an essential and intrinsic part of the process of product manufacturing. It ensures products safety and effortless transportation of products. Choosing the most appropriate sterilization packaging in the healthcare sector is a challenging task of the healthcare product manufacturers including pharmaceuticals as well as medical devices. Various sterilization packaging types, such as pouches, wraps, and container systems, are available in the market in different sizes and specifications for the purpose of sterilizing and packaging medical devices and other instruments. Factors such as application, performance, and selection of proper sterilization packaging systems are very important for the execution of sterilization of the packaged content, maintaining sterility of the packaged contents until the package is open for use, and enabling removal of contents without contamination.
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Growing population and their health requirements, continual attempts of consumers, manufacturers, and governments to increase the level of infection control, and rising favorable health care policies are the major factors driving the growth of the global sterile medical packaging market globally. In addition, factors such as increased spending capacity and growing healthcare awareness among consumers are also expected to boost the growth of the global sterile medical packaging market.
On the basis of type, the global sterile medical packaging market is segmented as thermoforming trays, flexible pouches, bottles, vials & ampoules, and others. The others segment is sub-segmented as pre-fillable inhalers, sterile closures, pre-filled syringes, and blister & clamshells. Based on the material, the global market is further segmented as plastics, glass, paper, metals, and others. The plastics segment is further sub-segmented as polypropylene, polyester, polystyrene, polycarbonate, PVC, and HDPE, whereas the metals segment is sub-segmented as aluminum foil and stainless steel. On the basis of methods, the global sterile medical packaging market is further segmented as chemical, radiation, and others. Further based on the application, the global market is segmented as surgical instruments, pharmaceutical, and others.
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The U.S. is anticipated to be the largest market for sterile medical packaging owing to the various regulations imposed by the FDA, which in turn is fostering the demand for sustainable and quality products in this region. This trend is followed by Europe and Asia-Pacific. Increased spending capacity along with growing healthcare awareness is anticipated to provide ample opportunities in the sterile medical packaging market in the Asia Pacific region.
Some of the major players dominating the global sterile medical packaging market are 3M Company, Wheaton Industries, Abbott Laboratories, Ahlstrom Corporation, ALARIS Medical Systems, Unicep Packaging, Inc., Alcan Incorporated, Alcoa Incorporated, Alexander Corporation, Amcor Limited, Ballard Medical Devices, Tegrant Corporation, Baxter International Incorporated, Becton, Dickinson and Company, Bemis Company Incorporated, and Eastman Chemical Company. Other key players influencing the global market are ESCO Technologies Incorporated, Ethox Corporation, Gerresheimer Glass Inc., Greenway Plastics Industries, Intercome Packaging Company Limited, Honeywell International Incorporated, Hospira Incorporated, and Kimberly-Clark Corporation.
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