The Global Medical Device Packaging Films Market size is expected to grow from $3.6 billion in 2021 to $XX billion by 2028, at a CAGR of 3% during the forecast period, due to rising demand for healthcare services worldwide and increased investments in R&D activities for new product development.
Medical Device Packaging Films are a type of polymeric film that is designed to protect medical devices from external factors like moisture, chemicals, and UV light.
On the basis of Types, the market is segmented into Monolayer Film and Coextruded Film.
Monolayer film is also known as single-layer packaging films. It is the simplest type of medical device packaging film that has a flat top and bottom surface, unlike coextruded film which has multiple layers on both sides. Most often used for sealing pouches where one side will be filled with the product (e.g., powdered medication) while the other serves to seal it shut - forming an airtight container for preserving its stability over time.
Coextruded Film is a type of medical device packaging film that is manufactured by combining two or more materials to create an extrusion process. The advantages of this film over the monolayer film include better structural rigidity, higher durability, and barrier properties.
On the basis of Application, the market is segmented into Pouches, Die Cut Lids, and Roll Stock.
Medical Device Packaging Films in Pouches are typically used for packaging small medical devices. They provide a moisture-resistant, gas-impermeable, and durable barrier between the device and external environments such as air or liquids. The Medical Film is extruded through an annular die to form a tube of uniform thickness with sealed edges which are then cut into lengths suitable for use in pouches.
Medical device packaging films are used as a cover for die-cut lids to prevent the product from getting damaged. These films provide manufacturers with protection against dirt, moisture, and other contaminants which can cause damage to their products. This also provides them with an opportunity to offer additional features such as tamper-evident seals or serialized coding of medical devices on individual packages.
Medical Device Packaging Films in Roll Stock is typically used by manufacturers of medical devices and pharmaceuticals to protect the device from light, moisture, or other damage that could lead to malfunction.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to lead this market in 2021 due to increasing healthcare expenditure per capita coupled with an aging population (above 65 years) which are driving factors for medical devices among other benefits associated with these products such as their high-quality life span.
Up Market Research published a new report titled “Medical Device Packaging Films Market research report which is segmented by Types (Monolayer Film, Coextruded Film), By Applications (Pouches, Die Cut Lids, Roll Stock, Other), By Players/Companies Spectrum Plastics Group, Oliver, DuPont, Eagle Flexible Packaging, Printpack Medical, Berry, UFP Technologies, Folienwerk Wolfen, Valéron, Tekni-Films, KlÃckner Pentaplast”.
Report Attributes | Report Details |
Report Title | Medical Device Packaging Films Market Research Report |
By Type | Monolayer Film, Coextruded Film |
By Application | Pouches, Die Cut Lids, Roll Stock, Other |
By Companies | Spectrum Plastics Group, Oliver, DuPont, Eagle Flexible Packaging, Printpack Medical, Berry, UFP Technologies, Folienwerk Wolfen, Valéron, Tekni-Films, Klöckner Pentaplast |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 224 |
Number of Tables & Figures | 157 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Monolayer Film, Coextruded Film and By Application Pouches, Die Cut Lids, Roll Stock, Other.
Some of the companies that are profiled in this report are:
Medical Device Packaging Films Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Medical Device Packaging Films Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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