Press Release

Sterile Medical Packaging Market worth $94.6 billion by 2028


 


 

(EMAILWIRE.COM, November 05, 2024 ) The report “Sterile Medical Packaging Market by Material (Plastic, Metal, Paper & paperboard, Glass), Type (Thermoform trays, Sterile bottles & containers, Pre-fillable inhalers), Sterilization Method, Application, and Region – Global Forecast to 2028″ The global Sterile Medical Packaging size is projected to grow from USD 57.5 billion in 2023 to USD 94.6 billion by 2028, at a CAGR of 10.5% from 2023 to 2028.

Browse in-depth TOC on “Sterile Medical Packaging”

454 – Market Data Tables

56 – Figures

342 – Pages

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Plastic materials dominate the sterile medical packaging market, holding the largest share, primarily due to their unparalleled versatility, cost-effectiveness, and adaptability to diverse packaging needs. Plastics offer a wide range of options, from traditional polymers to advanced, specialized formulations designed for sterile applications. Their ability to provide an effective barrier against contaminants, coupled with lightweight and durable characteristics, makes them ideal for packaging a variety of medical devices and pharmaceutical products.

The trend towards single-use medical devices has propelled the demand for disposable and cost-effective packaging solutions, further boosting the popularity of thermoform trays in the sterile medical packaging market. The adaptability of thermoform trays to various product shapes and sizes, coupled with their enhanced protection and cost-effectiveness, positions them as a preferred choice, contributing to their accelerated growth in the industry.

Chemical sterilization is particularly advantageous for heat-sensitive materials that may be compromised by traditional methods like steam sterilization. The method’s flexibility in accommodating various packaging formats, including complex and intricate devices, contributes to its widespread adoption. Moreover, the ability to achieve high sterilization efficacy while maintaining material integrity positions chemical sterilization as a crucial solution in the evolving landscape of sterile medical packaging. As regulatory standards evolve and industry demands for efficient, material-friendly sterilization methods increase, chemical sterilization stands out as a rapid and effective option, driving its prominence in the market.

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Stringent regulatory standards and a strong emphasis on infection control contribute to the adoption of sophisticated sterile packaging technologies. The region’s proactive approach to incorporating innovative packaging materials and techniques, in response to evolving industry trends and consumer expectations, further propels its growth. As North America continues to witness technological advancements in the healthcare sector and an increasing focus on patient safety, the demand for sterile medical packaging solutions is on the rise, making it the fastest-growing market in the global landscape.

Sterile Medical Packaging Market Key Players

The report profiles key players such as Amcor plc (Switzerland), DuPont de Nemours, Inc. (US), Berry Global Group, Inc. (US), West Pharmaceutical Services, Inc. (US), and Sonoco Products Company (US).

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