Global Medical Mounting Cards market: Overview
Medical mounting cards are pouch cards which are used to secure medical devices into a sterile packaging solution. Medical devices are snapped into these mounting cards and then inserted into a pouch. Medical mounting cards ensure that instruments remains protected throughout the supply chain. Variety of medical devices and instruments can be sterilized and safely packaged using custom medical mounting cards, which uses die-cut mounting. Medical mounting cards are manufactured using thin, and lightweight polyethylene, which provides cost-effective solutions to medical packaging. Some manufacturers in medical mounting cards market also uses solid bleached sulfate coated paperboard material. Medical mounting cards basically creates a secure seal onto the packaged material, which further adds to the quality and security of the product. As the medical packaging manufacturers finding alternatives to conventional packaging, medical mounting cards market is estimated to witness significant growth during forecast period. By using an appropriate tag or fold, a medical mounting card can designed for wide range of pharmaceutical applications. The manufacturers in the medical mounting cards market prefer cost-effective solutions as well as a mounting card that can easily handle sharp medical devices and equipment.
Global Medical Mounting Cards market: Dynamics
Medical mounting cards provide a reliable solution for the manufacturers to enhance their product shelf life. Medical mounting cards are specifically customized by some of the manufacturers, replacing thermoform trays. Medical mounting cards are used in hospitals, medical clinics, and emergency centers among others. Protection of medical devices against shock, puncture, bursting, splitting, and atmospheric changes is essential. Medical mounting cards market is estimated to grow as the need for protective packaging is increasing. Medical institutions and brand owners prefer FDA approved manufacturers and also a lightweight packaging inserts. Medical mounting cards acts as a holder for devices such as catheter tray, needle, and orthopedic packs. Medical mounting cards market is expected to expand in the upcoming years following the continuously growing medical packaging market. Medical mounting cards are ideal for fragile or delicate instruments and devices that require high stability and protection during shipment. Medical mounting cards are available in different die-cut molds & designs, which can be specifically created according to the consumer requirements. The digital medical packaging is growing by leaps and bounds, resulting into more innovative medical mounting cards. The smart packaging is an appropriate solution for the manufacturers in the pharmaceutical industry, to enhance the performance capabilities of the product.
Global Medical Mounting Cards market: Segmentation
On the basis of application, global medical mounting cards market has been segmented as
On the basis of End Use, global medical mounting cards market has been segmented as
Global Medical Mounting Cards market: Regional Outlook
U.S. Pharmacopeial Convention (USP) created new rules and revisions for medical packaging systems and their material usage. North American medical mounting cards market is estimated to have significant growth, as the changing considerations always affects whole manufacturing processes. The Union Cabinet has given an amendment of the FDI policy in the pharmaceutical sector, in order to allow 100% FDI. Medical device packaging increment further boosts the medical mounting cards market in the Asia Pacific region. According to EFPIA, Europe accounts for 22.2% in the world pharmaceutical industry, by sales, in 2017. Pharmaceutical packaging industry is expected to have growth in the upcoming years, owing to increasing demand for reliable and secure packaging, eventually boosting the medical mounting cards market growth
Global Medical Mounting Cards market: Key Players
- UFP Technologies
- PMC Medical Packaging
- Nelipak corporation
- Oliver Healthcare Packaging, LLC
- Placon Corporation Inc.
Global Medical Mounting Cards market: Developments
- The customized medical mounting cards provided by Oliver healthcare packaging are replacing the thermoform packaging. Oliver healthcare packaging acquired Mangar medical packaging for increment in sterile barrier packaging solutions. Company offers medical grade die-cut lid, roll stock, mounting cards, and other medical device packaging formats
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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