Global Sterile Medical Packaging Market: Global Size, Trends, Competitive, Historical and Forecast Analysis, 2021-2027 Rising Covid-19 Cases, increasing adoption of future sustainable business practices and Growing technological advancement are anticipated to drive the growth of Global Sterile Medical Packaging Market.
Global Sterile Medical Packaging market is valued at USD 34.72 Billion in 2020 and expected to reach USD 64.50 Billion by 2027 with the CAGR of 9.25% over the forecast period.
Sterile medical packaging is a non-reusable packaging material that goes about as an obstruction against microbial transmission. The majority of these packaging, like wraps, pockets, and holders are designed to prevent medical items from the outer environment and accidental transmission of diseases. Packaging is a vital and internal part of product manufacturing. It ensures products' safety and effortless transport of products. Selecting the appropriate sterilization packaging in the healthcare sector is a daring task of the healthcare product manufacturers including pharmaceuticals as well as medical devices. These packaging have different sizes and specifications for the purpose of sterilizing and packaging medical devices and the other instruments.
Factors such as application, performance, and selection of proper sterilization packaging systems are important for the prosecution of sterilization of the packaged content, maintaining sterility of the packaged contents until the package is open for use, and enabling withdrawal of contents without infection. These sterile barrier systems sustain product sterility from the point of packaging and sterilization, until the time utilize. They offer helpful properties such as durability, resistance, breathability and a superior microbial barrier to maintain the pharmaceuticals and medical equipment sterile all through their life cycle.
COVID-19 pandemic has shown a positive impact on the growth of the sterile medical packaging market. The increasing outbreak of various infectious and communicable diseases and viruses such as COVID-19, flu, tuberculosis, and SARS has led to improved hygiene in medical devices intending to prevent any contamination or spread of disease in patients. This led to an increase in the demand for sterile medical packaging. The demand for medical supplies, masks, devices, syringes is increasing rapidly and surge the demand for primary and secondary packaging.
During COVID-19 pandemic, medical devices fabricating businesses, food and drink, drugs, and different ventures are presently adopting sterile and disinfect packaging to reduce the risk of infection.
Global sterile medical packaging market is segmented on the basis of type, material, application and region and country level. On the basis of type, the sterile medical packaging market is classified as thermoform trays, sterile bottles and containers, vials and ampoules, pre-fillable inhalers, sterile closures, pre-filled syringes, bags and pouches, wraps and others. On the basis of material, the market is classified as plastics, metals, glass, paper and paperboard, others. On the basis of application, the sterile medical packaging market is classified as pharmaceutical and biological, surgical and medical instruments, in vitro diagnostic products, medical implants and others.
The regions covered in global sterile medical packaging market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of sterile medical packaging market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global sterile medical packaging market reports cover prominent player’s like Amcor Limited, Placon, Dupont, Steripack, Wipak Group, 3M medical Packaging, Nelipak Healthcare, Oracle Packaging, Sonoco Plastics Europe, Billerkornas AB, and Ampac Group and others.
One of the major factors driving the growth of global sterile medical packaging market is due to increasing cases of Covid-19. For instance; according to World Health Organization (WHO), about 183,463,377 cases and 3,972,549 deaths reported worldwide up to June 2nd, 2021 across 216 countries. Sterilization plays an important vital role in preventing the transmission of this life-threatening Covid-19 disease. Thus, many prominent companies are persistently manufacturing sterile medical packaging, such as containers, pouches and wraps to protect products against unintended transmissions.
In addition, increasing demand for sterile medical packaging in healthcare and pharmaceutical industries is also supplementing the market growth. A few pharmaceutical organizations are changing to environmental friendly sterile packaging to meet their manageability goals. Furthermore, growing technological advancements are also fostering the market growth.
However, regulations regarding specifications and materials used by manufacturers in packaging may hamper the global sterile medical packaging market growth. In spite of that, the developing new sustainable packaging option and the wide demand for medical devices in the healthcare sector can offer more opportunities for global sterile medical packaging market growth.
North America is anticipated to dominate the sterile medical packaging market due to the increasing demand for sustainable and high-quality products, presence of various market players and advancement in technology in this region. Also, growing technological advancement and collaborations of different organization drive the market in this region. Asia-Pacific region is expected to show the fastest growth in the global sterile medical packaging market due to the improving healthcare infrastructure and increasing awareness regarding the benefits of sterile medical packaging in this region. According to the United Nations estimates, the current population of Asia is 4,677,476,048. Asia population is equivalent to 59.76% of the total world population.
For instance, in November 2019, ULMA Packaging launched another, simple to-open stream pack package for the medical sector. The product is designed specially to permit sterile items to be eliminated from pack without any contamination that happens because of microorganisms and particles. The package is likewise fixed without leaks and uses a peelable film with effectively coordinated tyvek or paper panels that empower ethylene oxide (ETO) sanitization.
Middle East and Africa
|Historical data||2015 - 2020|
|Forecast Period||2021 - 2027|
|Market Size in 2020:||USD 34.72 Billion|
|Base year considered||2020|
|Forecast Period CAGR %:||
|Market Size Expected in 2027:||USD 64.50 Billion|
|Tables, Charts & Figures:||175|
|Key Players/Companies||Amcor Limited, Placon, Dupont, Steripack, Wipak Group, 3M medical Packaging, Nelipak Healthcare, Oracle Packaging, Sonoco Plastics Europe, Billerkornas AB, and Ampac Group and others.|
|Segments Covered||By Material, By Type, By Application|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|