Sterile Medical Packaging Market 2027 – Share, Trends & Forecast

Sterile Medical Packaging Market - Growth, Overview & Outlook
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The global sterile medical packaging market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. This can be attributed to the increased demand for sterile medical packaging products from the healthcare sector. Sterile packaging of different products across the healthcare industry can be done in the form of wraps, pouches, and containers, among others in order to protect medical supplies from the outside environment and against accidental infection transmission. Additionally, growing healthcare awareness among the population worldwide along with growing concerns for infection control is further expected to increase the demand for sterile medical packaging products, thereby driving the growth of the sterile medical packaging market.

Growing Geriatric Population

The growing geriatric population worldwide which is susceptible to various communicable and non-communicable diseases along with injuries, falls and accidents has significantly increased the demand for different disposable medical supplies. According to United Nations, Department of Economic and Social Affairs, Population Division, number of persons aged 65 years or above in 2019 was around 702.9 million globally and this number is expected to increase to 1548.9 million by 2050. Additionally, the demand for medical devices, catheters, pre-packaged medical supplies, electrosurgical accessories, among others has significantly increased due to the geriatric population. This in turn is expected to positively influence the demand for sterile medical packaging, thereby driving the market growth.

 

Benefits Associated with Sterile Packaging Products

There are numerous benefits associated with sterile packaging products used across the healthcare industry. These include protection from microbes and contamination. Additionally, the use of plastics & paper as a sterile packaging option offers advantages such as lightweight, recyclability, and longer shelf life of the product. Additionally, sterile medical packaging protects medical devices, consumables, and other products from damage caused by environmental conditions, such as moisture during transit.

Furthermore, there are several other benefits associated with sterile medical packing such as tear resistance, rigidity, breathability, and an excellent microbiological barrier which helps in maintaining the sterility of medications and medical equipment for the course of their lifecycles. These characteristics would increase the need for such packaging in a variety of applications, including surgical and medical devices as well as in vitro diagnostic products.

Growing Focus on Sustainability

The increasing environmental awareness and rising concerns over sustainability have made various companies operating within the packaging industry look for options that are not only affordable, offer similar benefits, and are also eco-friendly in nature. The players operating in the sterile medical packaging industry are focusing on developing packaging solutions that not only reduce the cost but at the same time maintain the integrity of product packages. This in turn is expected to create lucrative opportunities for the growth of the global sterile medical packaging market. For instance, in November 2019, Amcor plc, invested around USD11 million in the all-new multi-layer cast extrusion technology which produces a film of up to 11 layers to create safe, durable, and cost-efficient medical device packaging. This technology will help medical device customers meet the regulatory demands along with ensuring cost savings in terms of material cost and will also ensure overall product sterility.

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Market Segmentation

The global sterile medical packaging market is segmented by type, materials, sterilization method, and by application. Based on type, the market can be categorized into thermoform trays, sterile bottles & containers, vials & ampoules, bags & pouches, pre-filled syringes, sterile closures, and others. Based on material, the market can be fragmented into plastics, metals, glass, paper & paperboard, and others. Based on the sterilization method, the market can be classified into chemical sterilization, ethylene oxide, hydrogen peroxide, and others. Based on by application, the market can be grouped into pharmaceutical & biological, surgical & medical instruments, in vitro diagnostic products, medical implants, and others. Regionally, North America dominated the market followed by Europe, Asia Pacific, South America, and Middle East & Africa. The United States, in North America holds the largest market for sterile medical packaging among the different countries. This can be ascribed to the flourishing packaging industry within the country along with the growing plastic & resin manufacturing industry in the United States. The United States Plastic & Resin Manufacturing Market stood at USD 95.32 billion.

Market Players

Amcor Limited, DuPont de Nemours, Inc., 3M Company, West Pharmaceutical Services, Inc., Sonoco Products Company, Placon Corporation Inc., Billerkornas AB, Oracle Packaging, Inc., SteriPack Limited, Riverside Medical Packaging Company Ltd. are some of the leading players operating in the global sterile medical packaging market.

Attribute Details
Base Year 2021
Historic Data 2017 – 2020
Estimated Year 2022
Forecast Period 2023 – 2027
Quantitative Units Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
Report Coverage Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered ·         By Type

·         By Material

·         By Sterilization Method

·         By Application

Regional scope North America; Asia Pacific; Europe; South America; Middle East & Africa
Country scope United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Malaysia; Indonesia ; Thailand; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Egypt ; Turkey
Key companies profiled Amcor Limited, DuPont de Nemours, Inc., 3M Company, West Pharmaceutical Services, Inc., Sonoco Products Company, Placon Corporation Inc., Billerkornas AB, Oracle Packaging, Inc., SteriPack Limited, Riverside Medical Packaging Company Ltd.
Customization scope 10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the global sterile medical packaging market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Sterile Medical Packaging Market, By Type:
    • Thermoform Trays
    • Sterile Bottles & Containers
    • Vials & Ampoules
    • Bags & Pouches
    • Pre-filled Syringes
    • Sterile Closures
    • Others
  • Sterile Medical Packaging Market, By Material:
    • Plastics
      • Polypropylene
      • Polyester
      • Polystyrene
      • Polycarbonate
      • Poly Vinyl Chloride
      • Others
    • Metals
    • Glass
    • Paper & Paperboard
    • Others
  • Sterile Medical Packaging Market, By Sterilization Method:
    • Chemical Sterilization
    • Ethylene Oxide
    • Hydrogen Peroxide
    • Others
  • Sterile Medical Packaging Market, By Application Type:
    • Pharmaceutical & Biological
    • Surgical & Medical Instruments
    • In Vitro Diagnostic Products
    • Medical Implants
    • Others
  • Sterile Medical Packaging Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Malaysia
      • Indonesia
      • Thailand
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the sterile medical packaging market.

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Table of Content

    1. Product Overview

  1. Research Methodology
  2. Executive Summary
  3. Impact of COVID-19 on the Global Sterile Medical Packaging Market
  4. Impact of Russia-Ukraine War on the Global Sterile Medical Packaging Market
  5. Voice of Customer
  6. Global Sterile Medical Packaging Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Thermoform Trays, Sterile Bottles & Containers, Vials & Ampoules, Bags & Pouches, Pre-filled Syringes, Sterile Closures, Others)

7.2.2.     By Material (Plastics, Metals, Glass, Paper & Paperboard, Others)

7.2.2.1.         By Plastics (Polypropylene, Polyester, Polystyrene, Polycarbonate, Poly Vinyl Chloride, Others)

7.2.3.     By Sterilization Method (Chemical Sterilization, Ethylene Oxide, Hydrogen Peroxide, Others)

7.2.4.     By Application (Pharmaceutical & Biological, Surgical & Medical Instruments, In Vitro Diagnostic Products, Medical Implants, Others)

7.2.5.     By Company (2021)

7.2.6.     By Region

7.3.  Product Market Map

  1. North America Sterile Medical Packaging Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (Thermoform Trays, Sterile Bottles & Containers, Vials & Ampoules, Bags & Pouches, Pre-filled Syringes, Sterile Closures, Others)

8.2.2.     By Material (Plastics, Metals, Glass, Paper & Paperboard, Others)

8.2.2.1.         By Plastics (Polypropylene, Polyester, Polystyrene, Polycarbonate, Poly Vinyl Chloride, Others)

8.2.3.     By Sterilization Method (Chemical Sterilization, Ethylene Oxide, Hydrogen Peroxide, Others)

8.2.4.     By Application (Pharmaceutical & Biological, Surgical & Medical Instruments, In Vitro Diagnostic Products, Medical Implants, Others)

8.2.5.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Sterile Medical Packaging Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Material

8.3.1.2.3.             By Sterilization Method

8.3.1.2.4.             By Application

8.3.2.     Mexico Sterile Medical Packaging Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Material

8.3.2.2.3.             By Sterilization Method

8.3.2.2.4.             By Application

8.3.3.     Canada Sterile Medical Packaging Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Material

8.3.3.2.3.             By Sterilization Method

8.3.3.2.4.             By Application


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