Global Medical Packaging Market industry valued approximately USD 35.58 billion in 2016 is anticipated to grow with a healthy growth rate of more than 6.88% over the forecast period 20172025. The major factors driving the growth are the expanding market for implantable devices, escalating growth of healthcare market, and the rising understanding for healthcare in various regions chiefly the developing regions.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:
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Material:
- Polymer
- NonWoven Fabric
- Paper & Paperboard
Packaging Type:
- Bags & Pouches
- Trays
- Boxes
Application:
- Medical Equipments & Tools
- Medical Devices
- Implants
- IVDs
Packing Type:
- Primary
- Secondary
- Tertiary
Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin Americ
o Brazil
o Mexico
Rest of the World
Furthermore, the years considered for the study are as follows:
- Historical year – 2015
- Base year – 2016
- Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are 3M Company, Constantia Flexibles Group GmbH, CCL Industries, Inc., WestRock Company, Amcor Ltd, Bemis Company, Avery Dennison Corp, and Sonoco Products Company. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also the strategies used. The companies are also trying to dominate the market by investing in research and development.
Target Audience of the Medical Packaging Market Study
- Key Consulting Companies & Advisors
- Large, mediumsized, and small enterprises
- Venture capitalists
- ValueAdded Resellers VARs
- Thirdparty knowledge providers
- Investment bankers
- Investors
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