According to the research report titled ‘Global Medical Device Packaging Market 2022-2028’, available with MarketStudyReport, global medical device packaging market is anticipated to generate revenues worth USD 43,333 million by the year 2028, recording a 6.2% CAGR during the study period.

Technological advancements, rising expenditure on medical infrastructure, and growing demand for innovative packaging solutions are some of the key factors driving the expansion of the global medical device packaging market.

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For those unaware, medical equipment is essential for both the diagnosis and treatment of illnesses as well as for enhancing the quality of life for those who are disabled. When a medical device is delivered to a hospital or healthcare facility, its packaging
must not only guarantee that it is sterile but also be simple to open without any pieces coming loose. Additionally, it must maintain its performance during extended storage, frequently for years.

This global medical device packaging market report sheds light on the current business scenario, major trends, and growth drivers. Furthermore, the report provides a unique insight into industry size, share, volume, competitive terrain, and growth rate along with the COVID-19 impact on this business sphere.

Apart from this, the document provides crucial data with respect to the multiple market segmentations such as product landscape, material type, application spectrum, and regional bifurcation.

Based on the product landscape, the market is fragmented into clamshell packs, boxes, trays, pouches and bags, and others. Moving on to the material type, the industry is segmented into metals, paper and paperboard, plastics, and others.

In terms of the application spectrum, the market is categorized into in vitro diagnostics (IVDs), devices, equipment and tools, and others.

The regional bifurcation of this business space extends to Asia Pacific, North America, Europe, and the Rest of the World.

The major companies operating in global medical device packaging industry landscape are WestRock Company, Technipaq Inc., SteriPack Ltd., Sonoco Product Company, Riverside Medical Packaging Company Ltd., Oliver Healthcare Packaging
Company, Mondi plc, Klockner Pentaplast, Glenroy Inc., Constantia Flexibles Holding GmbH, CCL Industries Inc., Berry Global Inc., and Amcor plc.