Global Medical Device Packaging Market Analysis Report 2021-2028 by Material (Plastic, Metal), Product (Pouches & Bags, Boxes), Application (Equipment & Tools, IVD) – QNT Press Release

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Dublin, Feb. 16, 2022 (GLOBE NEWSWIRE) — The “Global Medical Device Packaging Market Size, Share & Trends Analysis Report by Material (Plastic, Metal), by Product (Pouches & Bags, Boxes), by Application (Equipment & Tools, IVD), by Region, and Segment Forecasts, 2020- 2028” report has been added to ResearchAndMarkets.com’s offering.

The global medical device packaging market size is expected to reach USD 48.97 billion by 2028 and is expected to expand at a CAGR of 6.4% from 2020 to 2028

The market growth is attributed to the growing demand for medical devices, such as surgical implants and instruments, medical supplies, electro-medical equipment, and in-vitro diagnostic equipment. The increasing aging population that requires advanced medical treatments, coupled with the unhealthy lifestyles of people, has been resulting in the high prevalence of chronic diseases.

These medical device packaging products are manufactured through various technologies, such as heat seal and sterilization, in order to ensure product safety and convenience in use. Furthermore, several other technologies such as seal peal and counterfeit have been utilized by the manufacturers in order to hinder counterfeit and duplicate products in the market. These counterfeit technologies are also used to track the products and offer complete protection against counterfeiting through unique numbering/ serialization.

The medical device packaging…

Full story available on Benzinga.com

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