The European medical devices packaging market is expected to grow at a CAGR of 5.18% from US$6.294 billion in 2021 to US$8.962 billion in 2028.
Europe medical devices packaging refers to the specialized packaging solutions designed for the safe storage, transport, and protection of medical devices used in healthcare settings across Europe. These packaging systems are carefully designed to meet stringent regulatory requirements and ensure the integrity, sterility, and quality of medical devices throughout their lifecycle. They typically incorporate features such as tamper-evident seals, barrier properties to prevent contamination, and clear labeling for proper identification and tracking. Europe medical device packaging plays a crucial role in maintaining the safety and efficacy of medical devices, supporting healthcare providers in delivering high-quality patient care.Introduction:
The European medical devices packaging market refers to the industry that encompasses the manufacturing, distribution, and sale of packaging solutions specifically designed for medical devices within the European region. This market is driven by the growing demand for safe and secure packaging solutions to ensure the integrity and sterility of medical devices, as well as compliance with stringent regulatory standards. Factors such as technological advancements, increased healthcare expenditure, and the rising prevalence of chronic diseases are fueling the market's growth.Drivers:
- Increasing Demand for Safe and Sterile Packaging:
- Stringent Regulatory Standards:
- Technological Advancements:
- Increasing Healthcare Expenditure:
- Growing Medical Device Industry:
- Emphasis on Product Differentiation:
- Rising Awareness of Infection Control:
- Increasing Use of Single-use Devices:
- Focus on Sustainability:
- Globalization and Trade:
Products offered by key companies:
- Westfield Medical Ltdoffers a comprehensive range of sterilization packaging solutions, catering to both manual and automated processes. Their packaging options include pouches, roll-stock for Form-Fill-Seal machines (FFS), and Four-Side Seal pouches. These solutions are specifically designed to safeguard medical devices throughout the sterilization and storage process, ensuring their safety and effectiveness.
- Blister Packagingby Wasdell Packaging Groupoffers blister packaging solutions that are designed to reduce waste and improve sustainability in the medical device packaging industry. They design and manufacture commercial tooling for packaging equipment, including blister packing, feeding systems, and secondary packing.
Positive growth in the sustainable packaging segment:
The segment that is experiencing positive growth in the European medical device packaging market is the sustainable packaging segment. There is a growing emphasis on environmental sustainability and the reduction of waste in the healthcare industry. This trend is driving the demand for packaging solutions that use eco-friendly materials, promote recyclability, and minimize the carbon footprint. Manufacturers and healthcare providers are increasingly adopting sustainable packaging options to meet regulatory requirements, improve their corporate social responsibility, and cater to the preferences of environmentally conscious consumers. The sustainable packaging segment is poised for continued growth as the industry strives for more sustainable practices and solutions.Germany is expected to hold a significant European medical device packaging market share:
Germany is expected to dominate the European medical device packaging market share. Germany has a robust healthcare sector and is home to a large number of medical device manufacturers. The country's strong emphasis on quality and innovation, coupled with its advanced manufacturing capabilities, positions it as a leader in the medical device industry. Additionally, Germany has stringent regulatory standards and a focus on patient safety, driving the demand for high-quality packaging solutions that comply with these requirements. The country's well-established infrastructure, access to a skilled workforce, and strategic geographic location further contribute to its dominance in the European medical device packaging market.Key developments:
- In May 2023,SÜDPACK Medica and Liveo Research, the European market leader in pharma blister packaging, joined forces to introduce "PharmaGuard," an innovative blister packaging concept for the pharmaceutical industry. This recyclable packaging solution offers outstanding material properties and contributes to improved environmental sustainability. The mono-material design allows for easy integration into existing recycling streams, while its low density helps conserve resources.
Segmentation
By Materials:
- Plastic
- Paper & Paper Board
- Other Raw Materials
By Product Type:
- Pouches and Bags
- Trays
- Boxes
- Clam Shells
- Other Products
By Application:
- Sterile Packaging
- Non-Sterile Packaging
By Countries
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. EUROPE MEDICAL DEVICES PACKAGING MARKET BY MATERIAL
6. EUROPE MEDICAL DEVICES PACKAGING MARKET BY PRODUCT TYPE
7. EUROPE MEDICAL DEVICES PACKAGING MARKET BY APPLICATION
8. EUROPE MEDICAL DEVICES PACKAGING MARKET BY COUNTRY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
Companies Mentioned
- Wasdell Packaging Group
- Westfield Medical Ltd (Sterimed SAS)
- SteriPack Group (Inflexion Private Equity Partners)
- Sky Medical Technology
- Boomerang Distribution
- DaklaPack Group
- Labo Phytophar
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 79 |
Published | December 2023 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 6.29 Billion |
Forecasted Market Value ( USD | $ 8.96 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Europe |
No. of Companies Mentioned | 7 |