Medical Device Packaging Market Report by Product Type (Trays, Pouches, Clamshell ) by Application /End User (Sterile Packaging, Non-sterile Packaging ) by Industry Analysis, Volume, Share, Growth, Challenges, Trends, and Forecast 2018–2026.

The global medical device packaging market is valued at USD 25.3 billion in 2016 and is expected to reach USD 48.8 billion by the end of 2026, growing at a CAGR of 6.8 % between 2016 and 2026. The packaging of medical devices frequently takes place in a cleanroom, and the packaged devices normally undergo some kind of sterilization. The main objective behind packaging is to keep the device sterile right up until use. North America Western Europe and Japan dominates the market with the highest market share which is more than 60 percent of the total market. While, the fastest expanding medical device packaging markets will emerge in Asia- Pacific region.
 

Out of total recall medical devices 10% recalls are attributable to packaging failures and 31% of those are due to a hole in the packaging. Therefore correct selection of packaging is a crucial but complex decision, and statistics suggest it is often not carried out correctly. The key factors to consider while choosing the packaging materials and design are the specific nature of the medical device and the intended sterilization methods (e.g. ethylene oxide (EO), gamma irradiation, electron beam, steam, low-temperature oxidative), its intended use, expiry date, transport and storage.
 

The standard medical device packaging should be made of known and traceable materials, non-toxic, non-leaching and odourless, free of holes, cracks, tears, and creases and localized thinning, intended for use in medical applications. It must also allow sterilization, provide physical protection, maintain sterility up to the point of use and allow aseptic presentation. Medical device packaging is used to minimize safety hazards to both patient and user, to protect the device during transport and storage, to ensure that the device is sterile until point of use and to minimize the risk of contaminants to the patient and those involved in device transportation, storage and use.
 

Diagnostic centers, hospitals and therapeutic equipment manufacturers are key players involved in the growth of medical device packaging market size. Also huge investment along with high-tech equipment and technology in the healthcare industry will enhance the industry growth. Increasing healthcare expenditures and increasing government subsidies in the developing economies along with growing health awareness among aging population may boost industry growth. However, increasing Different government regulations over the medical devices packaging process in different countries and large initial investments are acting as a barrier for the growth of the market.
 

Global Medical Device Packaging Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Medical Device Packaging Market:
• DuPont
• 3M
• Mitsubishi Chemical
• Amcor
• Berry Plastics
• TAKO
• Bemis Company
• Texchem-pack
• Klockner Pentaplast
• Constantia Flexibles
• Technipaq
• Barger (Placon)
• Plastic Ingenuity
• Beacon Converters
• Rollprint
 

Geographical analysis of Medical Device Packaging Market :

• North America
• Europe
• China
• Japan
• Southeast Asia
• India