PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1378650
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1378650
Sterile Medical Packaging Market, By Material, By Product, By Application, By Geography
The global sterile medical packaging market size was valued at US$ 52.26 Bn in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 9.7% from 2023 to 2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 52.26 Bn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 9.70% | 2030 Value Projection: | US$ 109.28 Bn |
Sterile medical packaging (SMP) involves the use of various types of packaging materials to protect and preserve medical devices. These materials allow penetration of the sterilizing agent, which maintains the sterility of the device. They also offer ease of opening and allow aseptic delivery of the product. The types of packaging materials used for sterile medical products include wrapper bags, perforated instrument cassettes, and peel pouches. These materials can be woven or non-woven and must be specially designed to withstand the sterilization process. The material should also meet the specifications of the items being sterilized. The global sterile medical packaging market is a rapidly growing industry that provides critical packaging solutions for the healthcare sector. Sterile medical packaging is designed to maintain the sterility of medical devices, equipment, and pharmaceutical products during transportation and storage
Market Dynamics:
The sterile medical packaging market is driven by stringent regulations to ensure the safety of the products and the efficient packaging of medical products. This market is also gaining in popularity due to an increase in surgical procedures that use electrosurgical accessories and prepackaged medical equipment. Moreover, increasing health awareness and a growing population are driving growth of the market. The market is driven by the increasing demand for sterile medical packaging due to the rising prevalence of chronic diseases, the growing aging population, and the increasing need for safe and effective medical devices and pharmaceutical products Furthermore, several players are entering this industry, creating a competitive environment that is again augmenting the market's growth.
On the other hand, challenges associated with maintaining medical packaging integrity are projected to hamper market growth.
Key features of the study:
This report provides in-depth analysis of the global sterile medical packaging market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global sterile medical packaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Amcor PLC, Dupont De Nemours Inc., Steripack Ltd, Wipak Group, Placon Corporation, Riverside Medical Packaging Company Ltd, Tekni-Plex Inc., BillerudKorsnas AB, Sonoco Products Company, DWK Life Sciences GmbH, Technipaq Inc., 3M Co. (3M Packaging), and Nelipak Healthcare
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global sterile medical packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sterile medical packaging market
Sterile Medical Packaging Market Detailed Segmentation:
- By Material Type
- Plastics-PP, Polyester, PS, PVC, HDPE, etc.
- Paper and Paperboard
- Glass
- Other Types
- By Product Type
- Thermoform Trays
- Sterile Bottles and Containers
- Pouches and Bags
- Blister Packs
- Vials and Ampoules
- Pre-filled Syringes
- Wraps
- By Application Type
- Pharmaceuticals
- Surgical and Medical Appliances
- IVD
- Other Applications
- By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- Company Profiles
- Amcor PLC
- Dupont De Nemours Inc.
- Steripack Ltd
- Wipak Group
- Placon Corporation
- Riverside Medical Packaging Company Ltd
- Tekni-Plex Inc.
- BillerudKorsnas AB
- Sonoco Products Company
- DWK Life Sciences GmbH
- Technipaq Inc.
- 3M Co. (3M Packaging)
- Nelipak Healthcare
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By Product Type
- Market Snippet, By Application Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Sterile Medical Packaging Market- Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Sterile Medical Packaging Market, By Material, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023-2030
- Segment Trends
- Plastics-PP, Polyester, PS, PVC, HDPE, etc.
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Paper and Paperboard
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Glass
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Other Types
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. Global Sterile Medical Packaging Market, By Product, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
- Thermoform Trays
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Sterile Bottles and Containers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Pouches and Bags
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Blister Packs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Vials and Ampoules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Pre-filled Syringes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Wraps
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
7. Global Sterile Medical Packaging Market, By Application, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Surgical and Medical Appliances
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- IVD
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
8. Global Sterile Medical Packaging Market, By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2023 - 2030
- Segment Trends
- North America
- Market Share Analysis, By Country, 2022- 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Material, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Product, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Application, 2023- 2030 (US$ Billion )
- Europe
- Market Share Analysis, By Country, 2022- 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Material, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Product, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Application, 2023- 2030 (US$ Billion )
- Asia Pacific
- Market Share Analysis, By Country, 2022- 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Material, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Product, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Application, 2023- 2030 (US$ Billion )
- Latin America
- Market Share Analysis, By Country, 2022- 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Material, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Product, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Application, 2023- 2030 (US$ Billion )
- Middle East & Africa
- Market Share Analysis, By Country, 2022- 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Market Size and Forecast, By Material, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Product, 2023- 2030 (US$ Billion )
- Market Size and Forecast, By Application, 2023- 2030 (US$ Billion )
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Amcor PLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Dupont De Nemours Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Steripack Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Wipak Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Placon Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Riverside Medical Packaging Company Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Tekni-Plex Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BillerudKorsnas AB
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sonoco Products Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Others
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
10. Section
- References
- Research Methodology
- About us and Sales Contact
