Medical device packaging market projected to reach $58.8 billion by 2032 with focus on innovation

From GlobeNewswire: 2025-01-21 04:30:00

The Medical Device Packaging Market was valued at USD 33.5 billion in 2023 and is projected to reach USD 58.8 billion by 2032. Growing healthcare needs and chronic diseases are driving rapid market evolution, with a focus on packaging innovations for sterility, ease of use, and compliance. High-barrier materials and tamper-evident technologies are gaining prominence for patient safety and product integrity.

Plastics dominate the market with a 55% share in 2023, offering lightweight and contaminant-resistant properties ideal for various packaging needs. Sterile packaging is projected to reach USD 40 billion by 2032, crucial for product safety and contamination prevention. North America leads the market at 35%, driven by advanced healthcare services and stringent packaging standards in the U.S.

Key players in the Medical Device Packaging Market include 3M, Amcor, Avery Dennison, and DuPont. The market research report covers various segments such as materials, types, products, and applications, providing detailed insights and forecasts from 2021 to 2032. Global Market Insights Inc. offers strategic market data and research reports for key industries to aid decision-making.



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