Medical Device Packaging Market to increase rapidly by 2023

May 18, 2018 | Author: | Posted in Business

A research study titled, “Medical Device Packaging Market by Product and Application – Global Industry Analysis and Forecast to 2023” published by Crystal Market Research.

Industry Outlook and Trend Analysis:
The Medical Device Packaging Market was worth USD 19.17 billion in 2014 and is expected to reach approximately USD 31.87 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.81% during the forecast period.

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The usage of medical device packaging on a vast scale by the manufacturer of medical devices, symptomatic focuses, and hospitals has prompted the development of the worldwide medical device bundling market and is foreseen to grow tremendously in the following years.

The advancement from the customary to the current technological setup in the manufacture of medical products has conveyed the social insurance industry to a phase where it is presently outfitted with innovative technology, equipment, and huge investment. These improvements in the social insurance industry are foreseen to extend the generation of medical appliances, instruments, and supplies, which will additionally add to the development of the market.

Product Outlook and Trend Analysis:
The pouches segment is anticipated to develop at a direct rate amid the figure time frame, posting a CAGR of very nearly 6%. Numerous organizations are presenting innovative pouches for medical device packaging, which is filling the development of the market. One such development is the UFP Technologies’ FlexShield, which is a medical device pouch for rods, implants, screws, and other instruments.

Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Table of Contents:

2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1.Brazil Market States and Outlook (2014-2023)
4.4.2.Argentina Market States and Outlook (2014-2023)
4.4.3.Columbia Market States and Outlook (2014-2023)
4.4.4.Rest of South America Market States and Outlook (2014-2023)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1.Saudi Arabia Market States and Outlook (2014-2023)
4.5.2.UAE Market States and Outlook (2014-2023)
4.5.3.Egypt Market States and Outlook (2014-2023)
4.5.4.Nigeria Market States and Outlook (2014-2023)
4.5.5.South Africa Market States and Outlook (2014-2023)
4.5.6.Rest of MEA Market States and Outlook (2014-2023)
5.Medical Device Packaging Market, By Product
5.2.Global Medical Device Packaging Sales, Revenue and Market Share by Product (2014-2018)
5.2.1.Global Medical Device Packaging Sales and Sales Share by Product (2014-2018)
5.2.2.Global Medical Device Packaging Revenue and Revenue Share by Product (2014-2018)
5.3.1.Global Trays Sales and Growth Rate (2014-2018)
5.4.1.Global Pouches Sales and Growth Rate (2014-2018)
5.5.Clamshell Packs
5.5.1.Global Clamshell Packs Sales and Growth Rate (2014-2018)
5.6.Other Packaging Materials
5.6.1.Global Other Packaging Materials Sales and Growth Rate (2014-2018)
To be continued…

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Regional Outlook and Trend Analysis:
North America possesses a critical offer of the medical device packaging market in 2015, in which the US is the biggest and essential supporter of the market in this district. Likewise, the progression of medical devices and created medicinal services foundations will uplift the interest for imaginative bundling in North America, in this way driving the development of the general market.

Market Classification:
Medical Device Packaging Market, By Product, Estimates and Forecast, 2014-2023($Million)
Clamshell Packs
Other Packaging Materials

Medical Device Packaging Market, By Region, Estimates and Forecast, 2014-2023($Million)
North America
South America
Middle East and Africa

The Medical Device Packaging Market is segmented as follows-
By Product:
Clamshell packs
Other packaging materials

Competitive Insights:
The leading players in the market are DeRoyal, Bemis Company, Berry Global, Honeywell, WestRock, DuPont, Amcor and Gerresheimer. With the local players offering inventive arrangements at costs lower than those offered by worldwide players, the opposition in the market increment essentially. This opposition has roused merchants to produce technologically propelled products to maintain their position the market.

Some of the key questions answered by the Medical Device Packaging Market report are:

What was the Medical Device Packaging Market size in 2014 and forecast from 2015 to 2023?

What will be the industry Medical Device Packaging Market growth from 2015 to 2023?

What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the Medical Device Packaging Market forecast?

What are the major segments leading the Medical Device Packaging Market growth and why?

Which are the leading players in the Medical Device Packaging Market and what are the major strategies adopted by them to sustain the Medical Device Packaging Market competition?

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About Crystal Market Research:
Crystal Market Research
is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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