Packaging Medical Packaging Market Trends & Forecast

Medical Packaging Market Demand Expected to Boost by Growing Investment in Healthcare Sector in Upcoming Years A recently published report by Research Nester titled “Global Medical Packaging Market Outlook: Industry Insights & Opportunity Assessment 2019–2027” delivers detailed overview of the global medical packaging market in terms of market segmentation by material, by packaging type, by packing type, by application and by region. The investments in healthcare sector is growing coupled with the growing market of implantable devices. The manufacturers have started to use different color of materials to provide the nurses and doctors with the ease of identifying the surgical kits. The increasing technological innovations for sustainable packaging and expansion of biotechnology and pharmaceutical industry is estimated to boost the growth of the global medical packaging market with a CAGR of 7% over the period 2019-2027. The global Medical Packaging Market is segmented by material, packaging type, packing type, application, out of which medical tools & equipment segment is expected to grow at a significant rate. The material segment is divided into polymer, paper & paperboard, non- woven fabric and others. The packaging type segment is divided into trays, boxes, bags & pouches and others. The packing type segment is divided into primary, secondary and tertiary. Further, the application segment is divided into medical tools & equipment, in-vitro diagnostics products, medical devices and others. Environment Friendly Packaging Material to Boost the demand in the Future