The global Sterile Medical Packaging Market size is expected to grow from USD 37.1 billion in 2020 to a staggering USD 76.1 billion in 2028, demonstrating a CAGR of 9.7% throughout the forecast period. The growth of the global market is primarily accredited to the surging prevalence of acute and chronic disorders, increasing incidences of contagious diseases, enhanced safety standards for medical packaging, and technological enhancements in medical packaging techniques. Sterilization plays a vital role in medical packaging as it offers a strong barrier against bacterial or microbial transmission. Hence, non-reusability and a robust microbial barrier make sterile medical packaging the safest and most effective form of medical packaging. This type of packaging safeguards the packed medical or pharmaceutical product from heat, moisture, and extreme environmental conditions. Sterile medical packaging is made of materials such as plastic (including LDPE, HDPE, PVC, etc.), metal, glass, and paper & paperboard. Moreover, the most prominent characteristics of sterile medical packaging are enhanced durability, robust tear resistance, extended shelf life, and microbial barrier.
The global sterile medical packaging market growth is further propelled by the higher susceptibility of infants and the elderly population to infectious diseases, rapidly increasing rate of outpatient visits and hospital admissions, growing number of surgical procedures, and the soaring demand for sterile and disinfected medical equipment. The expanding transportation & logistics sector and rising shipments of pharmaceutical products create plenty of opportunities for the growth of the global sterile medical packaging market. However, the market growth is hampered by the rigid norms set by regulatory bodies like the U.S. FDA regarding sterile medical packaging.
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Key findings in the report:
Sterile Medical Packaging Market Size, Share & Analysis, By Type, By Material, By Application, And By Region, Forecast To 2028, To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/sterile-medical-packaging-market
For the purpose of this report, the global sterile medical packaging market has been segmented based on type, material, application, sterilization method, and region:
By Type (Revenue, USD Billion; 2018-2028)
By Material (Revenue, USD Billion; 2018-2028)
By Application (Revenue, USD Billion; 2018-2028)
By Sterilization Method (Revenue, USD Billion; 2018-2028)
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Regional Outlook (Revenue in USD Billion; 2017–2028)
Table Of Content
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2028
Chapter 3. Indicative Metrics
Chapter 4. Sterile Medical Packaging Market Segmentation & Impact Analysis
4.1. Sterile Medical Packaging Market Material Segmentation Analysis
4.2. Industrial Outlook
………………..
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization
8.3. Vendor Landscape
8.3.1. Key company market share analysis
Chapter 9. Company Profiles
9.1. DuPont
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Sonoco
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. ProAmpac
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Tekni-Plex
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Techinipaq Inc.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
Continue …
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