Medical Device Packaging Market, By Packaging Type (Pouches, Trays, Boxes, Clamshell Box, and Others), By Material Type (Polymer, Paper & Paperboard, Non - Woven Fabric and Aluminum), By Accessories (Labels and Lidding’s), By Application (Medical Equipment & Tools, Medical Devices, IVDs, Implants), and By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Trends, Analysis and Forecast till 2030

Medical device packaging market is an integral part of the medical device industry to maintain sterility, and offer effective protection to various products. Medical device packaging can be defined as the products and services that are used to cover and protect the medical devices before they are used. Medical devices need extra care when being shipped or transported from one place to another, and require protection against shock, vibrations, atmospheric changes in humidity and heat. Thus keeping them free from microbial contamination and maintaining its safety for patients.  Medical device packaging is an essential element in keeping medical devices functional and ready to use whenever needed.

The expansions and investments in the healthcare industry are expected to develop the production of instruments and other medical appliances, which may further fuel growth of the target market. The global medical device packaging market is driven by technological innovation in the packaging of medical devices such as, development of tamper-resistant packaging and child-resistant packaging materials. Need for longer shelf-life of the medical devices which has resulted in growth of demand for effective medical device packaging products. However, healthcare cost reduction in the major markets as well as cost sensitiveness due to rising completion in the medical devices market might inhibit the market growth. Moreover, stringent government regulations in developed countries on use of certain type of packaging materials is another factor expected to hamper growth of the global medical device packaging market over the forecast period.

The global medical device packaging market is segmented into packaging type, material type, accessories, application, and region.

On the basis of packaging type, the target market can be classified into pouches, trays, boxes, clamshell box, and others. On the basis of material type, the market is classified into polymer, paper & paperboard, non- woven fabric and aluminum. On the basis of accessories, the market is classified into labels and lidding’s. On the basis of application, the target market is classified into medical equipment & tools, medical devices, IVDs, implants.

Regional Insights:

On the basis of region, the global medical device packaging market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominates the global medical device packaging market in revenue terms owing to increasing use of disposable medical device packaging in countries in the region. The market in Europe accounted for second-highest revenue share in the global medical device packaging market, due to high healthcare expenditure by governments of countries, and growing adoption of innovative packaging products. The medical devices packaging market in Latin America is expected to witness a sustainable growth over the forecast period.

The major key players operating in the global medical device packaging market includes E. I. du Pont de Nemours and Company, Amcor Limited, Bemis Company, Inc., SteriPack Contract Manufacturing., Siemens Healthcare, GE Healthcare, West Pharmaceutical Services, Inc., Wipak Group, Riverside Medical Packaging Company Ltd., Placon, and Oracle Packaging limited.