The medical packaging market is anticipated to grow at a CAGR of 6.1% during the forecast period. The medical packaging market is experiencing good growth owing to the advancing global healthcare sector coupled with increased healthcare spending. Medical packaging plays an important role in protecting any medical device quality throughout the transportation process and hence encourages its safe and effective use. The continuous innovation in sustainable packaging technology is significantly aiding in the growth of the medical packaging market during the forecast period.

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The global medical packaging market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold the largest market share in the medical packaging market during the forecast period. The large market share in the region is owing to the region’s established healthcare services sector. Moreover, the stringent government regulations in the region also significantly promote the growth of the medical packaging material market across the region. In addition to this, the strong presence of key medical device manufacturers coupled with material manufacturers is also contributing considerably to the medical packaging market across the region. As per the US Trade Administration, the US is the largest medical device market globally with around $156 billion in 2017 which is around 40% of the global share. Moreover, the country also exported medical devices worth $48 billion in 2018.

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The global medical packaging market is segmented based on material type, packaging type, application, and class device. Based on the material type, the market is sub-segmented into the polymer, paper & paperboard, and non-woven fabric. Based on the packaging type, the market is sub-segmented into bags & pouches, trays, boxes, and others. Further, based on the application, the market is sub-segmented into medical tools & equipment, medical devices, diagnostic products, and implants. Moreover, by device class, the market is sub-segmented into Class I, Class II, and Class III. The medical device classes have been taken into consideration as per the US FDA regulations.

Global Medical Packaging Market – Segmentation
by Material Type
Polymer
Paper & Paperboard
Non-woven fabric
by Packaging Type
Bags & Pouches
Trays
Boxes
Others
by Application
Medical Tools & Equipment
Medical Devices
Diagnostic Products
Implants
by Device Class
Class I
Class II
Class III

Global Medical Packaging Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Amcor Plc
AptarGroup, Inc.
Avery Dennison Corp.
Ayka Medical Inc.
Berry Global Inc.
CCL Industries Corp.
Constantia Flexibles Group GmbH
DuPont de Nemours, Inc.
Gerresheimer AG
Hamer Packaging Technology, S.L.
J-Pac, LLC
KP Holding GmbH & Co.
Oliver-Tolas Healthcare Packaging B.V.
Placon Corp.
Smiths Medical OEM
Sonoco Products Co.
Technipaq Inc.
Tekni-Plex, Inc.
Thomas Packaging LLC
TOPPAN PRINTING CO., LTD.
WestRock Co.
Wihuri Packaging Oy (Wipak)

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