Medical Device Packaging Market Estimated to Cross US$ 51.90 Bn by 2030

The global Medical Device Packaging market size is expected to reach USD 51.90 billion by 2030, registering a CAGR of 9.4% over the forecast period 2021 – 2030.

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Growth Factors

 The market growth is attributed to the growing demand for medical devices, such as surgical implants and instruments, medical supplies, electro-medical equipment, and in-vitro dignostic  equipment. The increasing aging population that requires advanced medical treatments, coupled with the unhealthy lifestyles of people, has been resulting in the high prevalence of chronic diseases.

The increasing demand for medical devices such as surgical implants and instruments, medical supplies, electro-medical equipment and reagents, irradiation apparatuses, and dental goods has been driving the demand for medical device packaging products. Unhealthy lifestyles of people have been resulting in the high prevalence of chronic diseases, such as heart disease, cancer, diabetes, stroke, and arthritis, in recent years, especially in developed economies.

Report Coverage

Report Scope Details
Market Size USD 51.90 billion by 2030
Growth Rate CAGR of 9.4% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Material, Product, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Amcor plc; Sonoco Products Company; Mondi; CCL Industries; Constantia Flexibles; WestRock Company; Berry Global Inc.; Glenroy Inc.; SteriPack Group; Riverside Medical Packaging Company Ltd.

Report Highlights

By Material Analysis

Plastic held the highest share of over 60.05% in 2020 and is likely to maintain its position over the forecast period. Plastic emerged as the most widely used material in the market in 2020. Various types of plastic include low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), polypropylene (PP), and polyethylene terephthalate (PET).

Aluminum is the most common metal used in medical device packaging. It is effective against moisture, oxygen, and light; thus, it is majorly used as a foil in medical device packaging.

By Product Analysis

The pouches and bags segment held the highest share of more than 37.0% in 2020. They effectively pack small, mid-sized, and large medical devices. Their small size and high product-to-package ratio enable easy storage and handling of medical devices. Pouches and bags, when manufactured using appropriate materials like LLDPE and PET, have the ability to offer protection to devices against light, moisture, and gases.

Trays come in different formats such as plastic medical trays, medical shipping trays, and medical inspection trays. Trays are more durable for the packaging and shipping of medical parts and machine parts of medical devices.

Packaging for medical devices and related components is highly regulated and should meet specific requirements. Boxes that are prepared with cardboard are widely used for the safe packaging and transportation of medical devices.

By Application Analysis

Equipment and tools held the greatest share of over 30.05% in 2020. They require flexible packaging with a high degree of sterilization. The majority of the tools come in flexible packaging materials, such as plastic pouches, plastic trays, bags, and clamshells.

the equipment segment offers medical device packaging solutions for CT scanners, X-ray machines, MRI machines, ultrasound scanners, and many other diagnostic medical devices. These are large-size devices and need structured packaging solutions as they are potentially purchased by hospitals and other healthcare facilities.

The in-vitro diagnostic (IVD) application segment is projected to register the fastest CAGR of 7.5% over the forecast period. This growth is attributed to the high adoption of IVDs for testing COVID patients.

By Regional Analysis

 Europe held the greatest share of over 35.0% in 2020. Following Germany, the U.K. emerged as a key market in 2020. The country is characterized by the presence of several well-established device manufacturing companies operating locally as well as in the international market.

North America captured the second-largest share in 2020 on account of the robust medical sector and the presence of numerous entities catering to the healthcare domain.

Asia Pacific is expected to witness the fastest growth over the forecast period. In Asia Pacific, China is the world’s fastest-growing economy and one of the biggest markets for medical devices in the world.

Key Players

  • Amcor plc
  • Sonoco Products Company
  • Mondi
  • CCL Industries
  • Constantia Flexibles
  • WestRock Company
  • Berry Global Inc.
  • Glenroy Inc.
  • SteriPack Group
  • Riverside Medical Packaging Company Ltd.

Market Segmentation

  • Material
    • Plastic
    • Paper & Paperboard
    • Metal
    • Others
  • Product
    • Pouches & Bags
    • Trays
    • Boxes
    • Clamshells
    • Others
  • Application
    • Equipment & Tools
    • Devices
    • IVD
    • Implants
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Italy
      • U.K.
      • Spain
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Medical Device Packaging Market, By Material

7.1.  Medical Device Packaging Market, by Material, 2021-2030

7.1.1.    Plastic

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Paper & Paperboard

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Metal

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Others

7.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Medical Device Packaging Market, By Product

8.1.  Medical Device Packaging Market, by Product, 2021-2030

8.1.1.    Pouches & Bags

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Trays

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Boxes

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Clamshells

8.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Medical Device Packaging Market, By Application

9.1.  Medical Device Packaging Market, by Application, 2021-2030

9.1.1.    Equipment & Tools

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Devices

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    IVD

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Implants

9.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Medical Device Packaging Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Material (2017-2030)

10.1.2.  Market Revenue and Forecast, by Product (2017-2030)

10.1.3.  Market Revenue and Forecast, by Application (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Material (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Product (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Material (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Product (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Material (2017-2030)

10.2.2.  Market Revenue and Forecast, by Product (2017-2030)

10.2.3.  Market Revenue and Forecast, by Application (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Material (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Product (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Material (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Product (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Material (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Product (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Material (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Product (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Material (2017-2030)

10.3.2.  Market Revenue and Forecast, by Product (2017-2030)

10.3.3.  Market Revenue and Forecast, by Application (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Material (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Product (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Material (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Product (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Material (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Product (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Material (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Product (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Material (2017-2030)

10.4.2.  Market Revenue and Forecast, by Product (2017-2030)

10.4.3.  Market Revenue and Forecast, by Application (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Material (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Product (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Material (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Product (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Material (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Product (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Material (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Product (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Material (2017-2030)

10.5.2.  Market Revenue and Forecast, by Product (2017-2030)

10.5.3.  Market Revenue and Forecast, by Application (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Material (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Product (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Material (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Product (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 11.  Company Profiles

11.1.              Amcor plc

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              Sonoco Products Company

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Mondi

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              CCL Industries

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Constantia Flexibles

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              WestRock Company

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Berry Global Inc.

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Glenroy Inc.

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              SteriPack Group

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Riverside Medical Packaging Company Ltd.

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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