enquiry@goldsteinresearch.com
We established a quick response research team to monitor the impacts of global pandemic COVID19 on this market to keep our clients informed about latest data and changing strategies. The report will incorporate these insight and data factors. | × |
---|
Understand the COVID-19 Outbreak and its impact on global & regional businesses
request free proposal
Insights on a world turned upside down : Re-imagining
The post-COVID19 Business resilience & recovery
How effective strategies and business recovery plans are winning the race
request free proposal
Goldstein Market Intelligence help you navigate through the COVID-19 crisis,
we will provide you most relevant market insights on crisis management,
recovery strategy & business continuity.
2020-09-01
470
North America
Medical devices market is the rapidly growing segment of the healthcare sector however, these devices faces challenges while ensuring safety during transportation. Protection of medical devices from physical damage is increasing the requirement for reliable packaging solutions in healthcare industry. Moreover, medical device packaging needs to follow the quality regulations and requirement given by Food and Drug Administration (FDA). Labelling and packaging of medical devices must mention with all FDA regulations which includes all medical device packaging design. ISO 11607-2 indicates that medical devices must be sterilized before packaging. Forming and sealing are the process by which sterile packaging of medical devices are completed which ensures the safety. This is mainly boosting the sterile medical device packaging market mainly in North America & Europe region.
Leading vendors are introducing innovative packaging solutions for medical device packaging which is accelerating the growth of the medical device packaging market. For instance, cost effective and durable nylon pouches introduced by QTS for packaging of orthopedic implants, surgical instruments, surgical procedure kits and tubing sets. Moreover, in 2013, UFP Technologies, Inc. launched FlexShield, a pouch packaging solution for implants, rods, screws and other instruments. FlexShield saves medical device from puncture and abrasion. These innovative solutions are propelling the demand for effective and efficient packaging solutions for medical devices.
North America medical device packaging market is categorized on the following basis:
U.S. is the largest market for medical device packaging owing to the huge investment in R&D and pharmaceutical industry to develop innovative packaging solutions. Presence of leading market players in U.S. also contributes in the dominance in medical device packaging market. U.S. medical device packaging market valued USD 6.16 billion in 2016 and is expected to reach USD 9.34 in 2025.
Canada is the 9th largest market for medical device which is propelling the demand for effective packaging of medical devices in the region. Over 82% of medical devices are imported in Canada where the marking and labeling of medical devices as per Food and Drug Association is mandatory. Canada medical device packaging market is projected to grow at a CAGR of 7.0% over the forecast period.
Safety is the major concern which is impelling the demand for effective packaging of medical devices. However, inaccurate sizing of boxes and trays for medical device is a major challenge which causes packaging issues as well as quality and regulatory problems of medical devices. Improper sizing also damages the devices while transportation and storage causing monetary loss and impacting the growth of medical device packaging market in the region.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "North America Medical Device Packaging Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Market Synopsis
Market Segmentation
The North America Medical Device Packaging Market is segmented as follows:
By Country
Market Dynamics: Growth Drivers, Restraints and Opportunities
Key Market Players
Porter’s Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks
For a full detailed overview, send here request for market report sample.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
OR Call Us:+1-646-568-7747Global Packaging Robots Industry Analysis By Component Type, By Gripper Type, By Application, By End User And, By Region & COVID-19 Impact With Market Outlook 2017-2030
Global Corrugated Packaging Industry Analysis By Packaging Type, By End User And, By Geography & COVID-19 Impact With Market Outlook 2017-2030
Global Green Packaging Industry Analysis By Product , By End Users And, By Region & COVID-19 Impact With Market Outlook 2017-2030
Global Corrugated Packaging Software Industry Analysis By Software Type (Stand Alone & Packaged), By Deployment (Cloud & On-Premises) And, By Region & COVID-19 Impact With Market Outlook 2017-2030
Global Paper & Paper Board Packaging Industry Analysis By Product Type, By Grade, By End User And, By Region & COVID-19 Impact With Market Outlook 2017-2030
Global Pouch Packaging Machinery Industry Analysis By Machine Type, By End User And, By Region & COVID-19 Impact With Market Outlook 2017-2030
Global Antimicrobial Packaging Industry Analysis By Packaging Material, By Antimicrobial Agent, By Packaging Type, By End User And, By Region & COVID-19 Impact With Market Outlook 2017-2030