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The North America medical device packaging market size is forecast to increase by USD 5.52 billion at a CAGR of 11.3% between 2023 and 2028.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Medical device packaging in North America primarily utilizes materials like paper, synthetic fibers, and aluminum for pouches, PE, polyethylene, paper laminates, and aluminum for trays and clamshell packs, and PET, LLDPE for bottles. Pouches, commonly made from Tyvek or nylon and polyethylene, ensure patient safety by maintaining sterility through gas penetration for sterilization. Tyvek's porosity allows for sterilization gases to pass while preventing microbial growth and offering durability against punctures. The affordability of pouch packaging contributes to its market growth, while the rising demand for single-use medical devices, such as disposable catheters and syringes, is further driving expansion.
Furthermore, sustainable packaging solutions, including biodegradable plastics and recycled materials, are gaining traction due to the global healthcare sector's increasing focus on infection prevention and sustainability. Innovative packaging designs, such as sterile barrier systems and tamper-evident features, are essential for maintaining sterility and ensuring infection control during medical device manufacturing and shipping. The healthcare industry's significant expenditure on medical devices necessitates efficient, easy-to-use and easy-to-dispose packaging, addressing waste management concerns. The market faces challenges like raw material shortages and shipping delays, necessitating packaging solutions that accommodate these issues while adhering to healthcare standards.
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The pouches segment was valued at USD 2.14 billion in 2018 and showed a gradual increase during the forecast period.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The expansion of the medical device packaging market in North America is the key driver of the market.
Technological advances in medical device packaging are the upcoming trend in the market.
Achieving cost-effectiveness in the medical device packaging market is a key challenge affecting the market growth.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, market forecast partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is a critical component of the healthcare industry, ensuring the safe and effective delivery of medical devices to patients. Packaging plays a vital role in maintaining the sterility, integrity, and infection prevention of healthcare products. In the context of the global healthcare sector, which continues to experience significant growth due to increasing healthcare expenditure and the rise of chronic diseases, the demand for medical device packaging is expected to remain strong. Several factors influence the market. Patient safety and infection prevention are paramount considerations, necessitating the use of sterile barrier systems, tamper-evident features, and microbial barriers. The market is also driven by the increasing popularity of innovative packaging designs, which prioritize ease-of-use and disposability, as well as sustainable packaging solutions, such as those utilizing biodegradable plastics and recycled materials.
Furthermore, manufacturers in the medical device industry are increasingly focusing on the use of raw materials that meet the highest standards for sterility maintenance and infection control. Common materials include PE, PET, and LLDPE, as well as paper laminates and aluminum. These materials are chosen for their ability to provide a sterile environment, maintain the integrity of the medical device, and ensure infection control through disinfection processes. Medical manufacturing and contract packaging companies play a crucial role in the production and delivery of sterile device packaging. The market is characterized by a diverse range of packaging solutions, including pouches, trays, clamshell packs, and non-sterile packaging options.
Moroever, the use of compostable and biodegradable packaging is also gaining traction, as healthcare organizations and consumers seek more sustainable solutions for single-use medical gadgets. However, the market is not without its challenges. Raw material shortages and shipping delays can impact production schedules and increase costs. Additionally, healthcare infrastructure and waste management considerations must be addressed to ensure the efficient and effective use of packaging solutions. In summary, the market is a dynamic and evolving industry, driven by the need for patient safety, infection prevention, and sustainable packaging solutions. The market is influenced by various factors, including the use of raw materials, innovative packaging designs, and the growing demand for more sustainable options. Despite challenges such as raw material shortages and shipping delays, the market is expected to remain strong, driven by the ongoing growth of the global healthcare sector and the increasing prevalence of chronic diseases.
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Market Scope |
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Report Coverage |
Details |
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Page number |
168 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.3% |
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Market growth 2024-2028 |
USD 5.52 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
9.3 |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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