Packaging is the technology for the safety of medical products for distribution, storage, sale, and use. These packaging materials are an essential part of medical packaging that act as safeguard for drugs, equipment and the health of millions patients. The rising healthcare cost is likely to restrict the growth of the global medical packaging market over the forecast period.

Key Players

Some of the major players in the global medical packaging market are Amcor Limited (Australia), Chesapeake Limited (U.S.), DuPont (U.S.), Klöckner Pentaplast Group (Germany), MeadWestvaco Corporation (U.S.)

Intended Audience

Medical Device Manufacturers

Manufacturers of Medical Foam

Traders, Distributors, and Suppliers of Medical foam

Government and Research Organizations

Research and Development (R&D) Companies

Market research and Consulting Service Providers

Medical Research Institutes and Universities

Segmentations

The global Medical Packaging Market is segmented on the basis of material, types, application, and end user.

On the basis of the material, it is segmented into sterilization, tyvek, foam, molded fiber, fabrics, plastics, films, adhesives, and others.

On the basis of the end user, it is segmented into hospitals, clinics, medical and research centers, forensic departments, and others.

Regional Analysis

On the regional basis, the market is segmented into Americas, Europe, Asia Pacific and the Middle East and Africa.

Europe consist of two regions namely Western Europe and Eastern Europe. Western Europe accounts for the major share of the market, which is primarily contributed by Germany, the U.K., and France. Europe holds the second position in the global medical packaging market owing to government support and well-established healthcare industry. This is expected to continue driving the European market over the forecasted period.

Asia Pacific is the fastest growing medical packaging market owing to the presence of huge patient population, and high healthcare expenditure. Moreover, increasing demand for quality devices and drugs in the healthcare is projected to lead the growth of the medical packaging in this region. According to the Australian Bureau of Statistics, in 2016, around 5.1% of the Australian population is diagnosed with diabetes, which lead the demand of quality treatments, hence market of medical packaging are growing rapidly in this region.

On the other hand, the Middle East and African region holds the least market share due to low healthcare spending, ignorance of diseases, poor access to treatment and availability of limited technologies.

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