North America Sterile medical packaging market is expected to account for more than 1/3rd of the market share in global sterile medical packaging market, by value

Global sales of sterile medical packaging was valued at US$ 8,416.2 Mn in 2017 and is projected to expand at a CAGR of 4.7% during the forecast period. One of the major factors propelling the demand for sterile medical packaging is due to growing demand of medical devices in the healthcare industry. Sterile medical packaging has various product types including thermoformed trays, clamshell, IV containers & bags, sterile lid, pouches, die-cut baker cards, guided wire hoops, sterile wraps and others (including sterilization tapes, dust covers, gusseted packaging). Among the material type, plastic segment is expected to dominate in terms of market share, and is estimated to account for more than 50% of total market share in the global sterile medical packaging market during the forecast period.

The growth of sterile medical packaging market is increasing with increase preference for contamination free medical products, as uneven and unhygienic packaging may to lead to fatal consequences. Sterile medical packaging provide better protection against microorganisms and thus, fulfil consumers’ demand for safe and sterilized packaging for the medical products and supplies.

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Also, growing regulatory compliances for packaging of sterilized medical devices and ageing population are some key drivers for the growth of sterile medical packaging during the forecast period.

Manufacturers of sterile medical packaging are focusing on development of sterile medical packaging with robust design as per the ISO 11607 standards. Also, sterile medical packaging also enhances the shelf life of products which is a major factor for end users and thus, the demand for sterile medical packaging is expected to increase considerably during the forecast period.

By material type, the global sterile medical packaging market has been segmented into plastic, paper, foil, non-woven and foam sheets. The non-woven segment is projected to expand with a CAGR of 5.5% during the forecast period.

By application, sterile medical packaging market has been segmented into medical disposable supplies and medical equipment. Medical disposable supplies is further segmented into surgical preparation kit, sutures & catheters and pre-packaged medical supplies. Sutures & catheters sub segment is expected to expand at a CAGR of 5.2% by the end of forecast period. Medical equipment is further segmented into cardiovascular, neurovascular, endoscopic, orthopaedic, ophthalmology, injection system, electrosurgical accessories and others. Among them, orthopaedic segment is expected to expand at a CAGR of 3.9% by the end of forecast period.

The global sterile medical packaging market is divided into five key regions- North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). North America region is expected to dominate the market share in terms of value. The Asia Pacific region is projected to register the highest CAGR of 6.5%, during the forecast period.

Key players in the global sterile medical packaging market include Amcor Limited, Bemis Company, Inc., BillerudKorsnas AB, E.I. Dupont De Nemours and Company, Placon Co. Inc., ProAmpac LLC, Wipak Group, SteriPack Contract Manufacturing, Nelipak Healthcare Packaging, Deufol Group, Oracle Packaging, Sonoco Plastics Company, Puracon GmbH, GS Medical Packaging Inc., Westfield Medical Limited, Sabre Medical, UFP Technologies Inc., Oliver Healthcare Packaging LLC, Heritage Pioneer Corporate Group, and GY Packaging

This report provides forecast and analysis of the Sterile Medical Packaging market on global level. It provides actual data of 2017 along with estimated data of 2018, and forecast data up to 2026 in terms of value (US$ Mn) and volume (Mn Units). It includes drivers and restraints of the global sterile medical packaging market and their impact on each region during the forecast period. The report also comprises the study of current issues with end users and opportunities for sterile medical packaging manufacturers. It also includes value chain analysis.

In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and company players with their SWOT analysis and strategy overview. The dashboard provides detailed comparison of global Sterile medical packaging manufacturers on parameters such as operating margin, total revenue, product portfolio, and what we call ‘innovation scale’. The study encompasses market attractiveness analysis by material type, manufacturing process, application, end use industry, and region.

The report includes consumption of sterile medical packaging and the revenue generated from sales of sterile medical packaging across the globe and key countries. By product type, sterile medical packaging market is segmented into thermoformed trays, clamshell, IV containers & bags, sterile lid, pouches, die-cut baker cards, guided wire hoops, sterile wraps and others (including sterilization tapes, dust covers, gusseted packaging).

By material type, sterile medical packaging market is segmented into plastic, paper, foil, non-woven and foam sheets. By application, sterile medical packaging market is segmented into medical disposable supplies and medical equipment.

Market numbers have been estimated based on extensive secondary and primary research, average pricing of sterile medical packaging by product type and the revenue is derived through regional pricing trends. Market size and forecast for each segment has been provided in the context of global and regional markets. The sterile medical packaging market has been analyzed based on expected demand. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional sterile medical packaging manufacturers, suppliers, and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of sterile medical packaging in different regions. Bottom-up approach has been used to estimate the sterile medical packaging market by regions. Global market numbers by product type, material type, by application, and end use industry have been derived using the bottom-up approach, which is cumulative of each country’s demand. The same has also been validated from top-down approach. Company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, FAO, Packaging Digest, and Hoover’s, and company annual reports and publications.

The report provides detailed competitive and company profiles of key participants operating in the global sterile medical packaging market. Key players of the global sterile medical packaging market are Amcor Limited, Bemis Company, Inc., BillerudKorsnas AB, E.I. Dupont De Nemours and Company, Placon Co. Inc., ProAmpac LLC, Wipak Group, SteriPack Contract Manufacturing, Nelipak Healthcare Packaging, Deufol Group, Oracle Packaging, Sonoco Plastics Company, Puracon GmbH, GS Medical Packaging Inc., Westfield Medical Limited, Sabre Medical, UFP Technologies Inc., Oliver Healthcare Packaging LLC, Heritage Pioneer Corporate Group, and GY Packaging

Global Sterile Medical Packaging Market: Segmentation

By Product Type

  • Thermoformed Trays
  • Clamshell
  • IV Containers & Bags
  • Sterile Lid
  • Pouches
  • Die-cut Baker Cards
  • Guided Wire Hoops
  • Sterile Wraps
  • Others

By Material Type

  • Plastic
  • Paper
  • Foil
  • Non-woven
  • Foam Sheets

By Application

  • Medical Disposable Supplies
    • Surgical Preparation Kit
    • Sutures & Catheters
    • Pre-packaged Medical Supplies
  • Medical Equipment
    • Cardiovascular
      • Electrophysiology
      • Peripheral Vascular
    • Neurovascular
    • Endoscopic
    • Orthopaedic
    • Ophthalmology
    • Injection System
    • Electrosurgical Accessories
    • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • Middle East and Africa (MEA)
.