Medical Packaging Market Size

1. Summary Medical Packaging Market Size: By Material (Film, Fabric, Tyvek), Type (Container, Vial, Tray, and Pouches), Application (Medicals, Research, Diagnostics, Plastic Industries), End User (Hospitals, Clinics, and Forensic) - Global Forecast till 2023 Medical Packaging Market Size Synopsis According to Market Research Future (MRFR)’s study report, the global Medical Packaging Market Size has been prognosticated to strike 6.3% CAGR during the forecast period 2017 to 2023. The healthcare sector is growing leaps and bounds which is anticipated to support the market in scaling a decent valuation towards the end of the assessment period. Rising incidences of diseases have intensified the need for sustainable packaging for preserving the integrity of the medicines and devices. The development of the Medical Packaging Market Size is also likely to be driven by increasing healthcare expenditures. In addition, the supportive regulations set by the governments are expected to boost the growth trajectory of the global Medical Packaging Market Size over the next couple of years. Innovations in packaging technology are poised to dictate the growth pattern of the market during the forecast period. The increasing demand for healthcare services in conjunction with the exponentially growing population is projected to have a favorable impact on the expansion of the Medical Packaging Market Size. On the flip side, the increasing healthcare cost remains an impediment to market growth. Request Free Sample @ https://www.marketresearchfuture.com/sample_request/845 Competitive Dashboard Some of the major players studied in this MRFR report are West Pharmaceutical Services, Inc. (U.S.)., Amcor Limited (Australia), DuPont (U.S.), Chesapeake Limited (U.S.), Klöckner Pentaplast Group (Germany), Mitsubishi Chemical Holdings Corporation (Japan), MeadWestvaco Corporation (U.S.), Bemis Company Inc. (U.S.), and 3M Company (U.S.). Industry News In March 2019, global leaders in medical packaging participated in Med-Tech Innovation Expo. The event was held at the NEC, Birmingham. In March 2019, RxSafe, LLC, a leading manufacturer and designer of automated storage and retrieval systems for pharmacies, has announced the launch of PakMyMeds™ Network for connecting pharmacy owners with local patients. In March 2019, Röchling, a German plastics company, has unveiled its new plant in India which is also its second facility in the country. An investment of USD 20 Mn has been made for the initial phase, and the facility will be focusing on three industries - industrial, automotive and medical.

2. In December 2018, JVM, which a subsidiary of Hanmi Pharmaceutical, has announced the introduction of a new pharmaceutical packaging machine, NS20, which is designed for preventing packaging errors while speeding up the process and eliminating wastage. In June 2018, ACG Films & Foils, a global pharma grade packaging producer, has announced the launch of India’s first one-stop packaging solution for oral solid dosage formulation. Market Segmentation By material, the global Medical Packaging Market Size has been segmented into sterilization, Tyvek, foam, molded fiber, fabrics, plastics, films, adhesives, and others. By type, the Medical Packaging Market Size has been segmented into containers, pouches, trays, blister packets, clamshell packs, vials, and others. By application, the global Medical Packaging Market Size has been segmented into medical, pharmaceuticals, diagnostics, plastic industries, chemicals and research, and others. By end-user, the Medical Packaging Market Size has been segmented into hospitals, clinics, medical and research centers, forensic departments, and others. Regional Analysis The global Medical Packaging Market Size, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. Americas is likely to exhibit massive developments owing to the growth of the healthcare sector. In addition, the rising prevalence of chronic diseases is further expected to boost the growth trajectory of the Medical Packaging Market Size in the region. Europe is poised to grow significantly in the forthcoming years. The consolidation of developed economies in the Western region has been prognosticated to propel the expansion of the Medical Packaging Market Size in the upcoming years. Asia Pacific is presumed to mark a relatively higher CAGR owing to the increasing healthcare expenditure of the population. Meanwhile, the Middle East & Africa is likely to exhibit huge gap between supply and demand posing strong growth opportunities. Access Full Report Of Medical Packaging Market Size With TOC @ https://www.marketresearchfuture.com/reports/medical-packaging-market-845 Table Of Content 1. Report Prologue 2. Market Introduction 2.1 Definition 2.2 Scope Of The Study

3. 2.2.1 Research Objective 2.2.2 Assumptions 2.2.3 Limitations 3. Research Methodology 3.1 Introduction 3.2 Primary Research 3.3 Secondary Research 3.4 Market Size Estimation Continues……. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Office No. 528, Amanora Chambers Pune – 411028 Maharashtra, India Phone: +1646 845 9312 Email: sales@marketresearchfuture.com