Medical Packaging Market: Development, Current Analysis and Estimated
Forecast to 2023
According to Market Research Future (MRFR), the global medical packaging market is projected to
grow at a CAGR of 6.3% from 2017 to 2023 (forecast period). The study presents the strengths,
opportunities, challenges, and future business risks and offers a systematic overview of the global
market environment with the effects of COVID-19.
Medical packaging plays a significant role in preserving the quality of the product and encouraging
safe and effective use. The growing market for implantable devices, the growth of the healthcare
market, the rising awareness of healthcare in different regions, especially in developing countries such
as India and China, add fuel to the growth of the global market for medical packaging. In addition,
growing disposable incomes in developing countries are increasing expenditure on healthcare
facilities. Improving sustainable packaging technology and innovation in pharmaceuticals and life
sciences are the main drivers of the industry.
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Based on the material, the global medical packaging market has been segmented into sterilization,
tyvek, foam, molded fiber, fabrics, plastics, films, adhesives, and others.
Based on the type, the global medical packaging market has been segmented into containers,
pouches, trays, blister packets, clamshell packs, vials, and others.
Based on the application, the global medical packaging market has been segmented into medical,
pharmaceuticals, diagnostics, plastic industries, chemicals and research, and others.
Based on the end-user, the global medical packaging market has been segmented into hospitals,
clinics, medical and research centers, forensic departments, and others.
The Americas dominate the global market for medical packaging due to significant advances in the
medical sector, expanded pharmaceutical industries, and i