Sterile Medical Packaging Market is Projected to Expand at a CAGR of 4.7% During 2018-2026: TMR

Tuesday, August 21, 2018 Research News
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ALBANY, New York, August 21, 2018 /PRNewswire/ --

According to the latest market report published by Transparency

Market Research titled "Sterile Medical Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2026."

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Trays segment by product type is anticipated to be the highest contributing segment to the global sterile medical packaging market, during the forecast period, 2018-2026. Globally, the revenue generated from sales of sterile medical packaging products is estimated to be nearly US$ 8,771.4 Mn in 2018, and is projected to expand at a CAGR of 4.7% during forecast period 2018-2026.

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Medical institutions and hospitals are depend on pharmaceuticals and medical devices to maintain health, and to continue this tendency, all these products must have extremely sterile packaging. In case of medical and pharmaceutical sector, sterile packaging is specifically important. Products such as medical devices, equipment, disposable supplies, and other containers are to be processed in facilities that are free of harmful particles and viruses to create products that meet all the packaging validations and produce sterilize barrier system. Sterile medical packaging market is growing on the backdrop of rising packaging validations for medical packaging devices. Packaging manufacturers are developing various product designs for medical products that must stick to strict sterility. Generally, thermoformed trays, clamshells and are the most common packaging types.

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The global sterile medical packaging market has witnessed significant growth over the past few decades, due to increase in demand of safe packaging for medical products. The global sterile medical packaging market has been segmented into product type, material type, application and region. By material type, plastic segment is projected to register a CAGR of 4.3%, in terms of value, during the forecast period. However, by application, medical disposable supplies segment is expected to expand by a CAGR of 4.6% by the end of 2026.

Among geographic market segments, North America market for sterile medical packaging is anticipated to lead the global sterile medical packaging market. APAC sterile medical packaging market is projected to register the CAGR of 6.5%, during the forecast period.

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The report provides detailed competitive and company profiles of key participants operating in the global sterile medical packaging market. The companies that have been profiled are - Amcor Limited, Bemis Company, Inc., BillerudKorsnas AB, E.I. Dupont De Nemours and Company, Placon Co. Inc., ProAmpac LLC, Wipak Group, SteriPack Contract Manufacturing, Nelipak Healthcare Packaging, Deufol Group, Oracle Packaging, Sonoco Plastics Company, Puracon GmbH, GS Medical Packaging Inc., Westfield Medical Limited, Sabre Medical, UFP Technologies Inc., Oliver Healthcare Packaging LLC, Heritage Pioneer Corporate Group, and GY Packaging

The report analyses the key drivers and restraints, as well as the sterile medical packaging market trends, and performs impact analysis based on the average weighted model.

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Globally, the sterile medical packaging market has been segmented on the basis of product type, material type, application and region. The segmentation is as follows:

By Product Type 

  • Thermoformed Trays
  • Clamshell
  • IV Containers & Bags
  • Sterile Lid
  • Pouches
  • Die-cut Baker Cards
  • Guided Wire Hoops
  • Sterile Wraps
  • Others

By Material Type 

  • Plastic
  • Paper
  • Foil
  • Non-woven
  • Foam Sheets

By Application 

  • Medical Disposable Supplies
    • Surgical Preparation Kit
    • Sutures & Catheters
    • Pre-packaged Medical Supplies
  • Medical Equipment
    • Cardiovascular
      • Electrophysiology
      • Peripheral Vascular
    • Neurovascular
    • Endoscopic
    • Orthopaedic
    • Ophthalmology
    • Injection System
    • Electrosurgical Accessories
    • Others

By Region 

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • Middle East and Africa (MEA)

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About Us 

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision. 

Contact Mr. Rohit Bhisey Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email:


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