Thursday, 19 December 2019

Sterile Medical Packaging Market is anticipated to flourish at notable CAGR of 6.2 % By 2024


According to a recent report published by Fast.MR, titled “Sterile Medical Packaging Market - By Type (Thermoformed Trays, Clamshell, IV Containers & Bags, Sterile Lid, Pouches, Die-cut Backer Cards, Guided Wire Hoops , Sterile Wrap and Others), By Application (Medical Disposable Supplies and Medical Equipment) – Global Market Analysis, Trends, Opportunity and Forecast, 2018-2024”. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Sterile Medical Packaging Market. The competition analysis is also a major part of the report.      

Global sterile medical packaging market is estimated to reach USD 6.2 Billion in 2024, registering a compound annual growth rate (CAGR) of 6.2% between 2019 and 2024. Increasing concerns regarding control of infection from hospitals and clinics is anticipated to positively impact the growth of global sterile medical packaging market.

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Market Insights

Growth Drivers – Sterile Medical Packaging Market

Growing Focus to Control Infection Level

Rising global population and health requirements and increasing prevalence of diseases are creating a favorable environment for the growth of global sterile medical packaging market. Furthermore, manufacturers and government focus to reduce healthcare associated infection and favorable healthcare policies are envisioned to bolster the growth of the market. Addition to this, growing health concerns and awareness is believed to spearhead current and future growth prospects of the market.
Growing Regulatory Compliances
Increasing regulatory compliances for packaging of sterilized medical devices is offering significant growth opportunities for global sterile medical packaging market. Further, manufacturers are focusing on development of advanced and functional sterile packaging as per standards. This factor is envisioned to bolster the growth of global sterile medical packaging market.

Barriers – Sterile Medical Packaging Market

Low Supply of Medical Devices

Low demand for medical devices and lack of healthcare facilities in undeveloped nations are anticipated to negatively impact the growth of global sterile medical packaging market.

Segmentation

By Product Type
-Thermoformed Trays
-Clamshell
-IV Containers & Bags
-Sterile Lid
-Pouches
-Die-cut Backer Cards
-Guided Wire Hoops
-Sterile Wrap
-Others

By Application
-Medical Disposable Supplies
--Surgical Preparation Kits
--Sutures & Catheters
--Pre-Packaged Medical Supplies
-Medical Equipment
--Cardiovascular
--Neurovascular
--Endoscopic
--Orthopaedic
--Ophthalmology
--Injection Systems
--Electrosurgical Accessories
-- Others

By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape
The report profiles various major market players such as
-Amcor Limited
-Bemis Company, Inc
-BillerudKorsnas AB
-E.IE. I. Dupont De Nemours and Company
-Placon co.
-ProAmpac LLC
-Wipak Group
-Steripack Contract Manufacturing
-Nelipak Healthcare Packaging
-Deufol Group
-Other Prominent Players


Table of Content

1. Preface
1.1. Research Methodology
1.1.1. Industry Research
1.1.2. Research Process and Design
1.1.2.1. Secondary Research
1.1.2.2. Key Sources and Use of Primary Research
1.1.2.3. Market Size Estimation and Forecast
1.1.2.4. Research Report
1.2. Geographic Scope
1.3. Years Considered
1.4. Key Deliverables of the Study
1.5. Assumptions and Limitations for Market Estimation and Forecasting

2. Executive Summary
2.1. Market Snapshot
2.2. Market Overview
2.3. Top Global Sterile Medical Packaging Market Trends for 2019

3. Global Market Maturity, By Region
3.1. North America
3.2. Europe
3.3. Asia Pacific
3.4. Latin America
3.5. Middle East & Africa

4. Porter’s Five Force Analysis
4.1. Threat of Substitutes
4.2. Bargaining Power of Buyers
4.3. Bargaining Power of Suppliers
4.4. Threat of New Entrants
4.5. Degree of Competition

5. Value Chain Analysis

6. Market Dynamics
6.1. Growth Drivers & Barriers in Sterile Medical Packaging Market
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Rest of World
6.2. Opportunities in Sterile Medical Packaging Market

7. Policy and Regulatory Landscape

8. Global Sterile Medical Packaging Market
8.1. Introduction
8.2. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024

9. Global Sterile Medical Packaging Market Segmentation Analysis, By Material

9.1. Introduction
9.2. Strategic Insights
9.2.1. BPS Analysis, By Material
9.2.2. Market Attractiveness, By Material

9.3. Plastics
9.3.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
9.3.2. PET Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
9.3.3. Polycarbonate Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
9.3.4. PVC Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
9.3.5. Polyethylene Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
9.3.6. PP Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
9.3.7. Polystyrene Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
9.3.8. Others Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024

9.4. Glass
9.4.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024

9.5. Paper and Paperboard
9.5.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024

9.6. Metals
9.6.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024

9.7. Others
9.7.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024

10. Global Sterile Medical Packaging Market Segmentation Analysis, By Product Type
10.1. Introduction
10.2. Strategic Insights
10.2.1. BPS Analysis, By Product Type
10.2.2. Market Attractiveness, By Product Type
10.3. Thermoformed Trays
10.3.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
10.4. Clamshell
10.4.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
10.5. IV Containers & Bags
10.5.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
10.6. Sterile Lid
10.6.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
10.7. Pouches
10.7.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
10.8. Die-cut Backer Cards
10.8.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
10.9. Guided Wire Hoops
10.9.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
10.10. Sterile Wrap
10.10.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
10.11. Others
10.11.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024

11. Global Sterile Medical Packaging Market Segmentation Analysis, By Application
11.1. Introduction
11.2. Strategic Insights
11.2.1. BPS Analysis, By Application
11.2.2. Market Attractiveness, By Application
11.3. Medical Disposable Supplies
11.3.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.3.2. Surgical Preparation Kits Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.3.3. Sutures & Catheters Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.3.4. Pre-Packaged Medical Supplies Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4. Medical Equipment
11.4.1. Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4.2. Cardiovascular Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4.3. Neurovascular Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4.4. Endoscopic Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4.5. Orthopaedic Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4.6. Ophthalmology Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4.7. Injection Systems Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4.8. Electrosurgical Accessories Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024
11.4.9. Others Market Value & Forecast and Y-o-Y Growth Analysis, 2018-2024

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