The global medical device packaging market size was estimated at USD 32.6 billion in 2021 and projected to surpass around USD 63.1 billion by 2030, recording a compound annual growth rate (CAGR) of 7.61% during the forecast period 2022 to 2030.
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Key Takeaways:
In case of medical equipment an outer protection is very essential which is done by a proper packaging process in order to maintain the structure and functionality of the device. In order to protect the device from any kind of physical damage a proper packaging becomes very essential. A very high chance of biological contamination is present when the medical equipment is not properly protected from the external factors which may produce a disturbance. Moreover, the other objectives of providing a proper packing to the medical equipment is to label it properly in order to provide it with a proper identification which will help the individuals transporting the goods to take proper care of the device or the package. With an objective to supply a medical device safely under complete security to the proper market becomes the responsibility of the manufacturer or the supplier. A proper packaging of the medical equipment directly relates to the shelf life of the product which has a risk of getting altered in case it does not have a proper protection covering over it. A proper packaging helps to provide protection against the external communication with human beings and the environment.
The occurrence of the pandemic had hampered the medical device packaging market to a great extent. The strict lockdown and the rules of restricted movement which was imposed by the government in many countries in order to control the spread of the disease had hampered the functioning of the healthcare sector globally. The occurrence of the pandemic heard forced many small-scale industries to shut down temporarily in order to control or minimize their losses. Mainly, the subdomains and subunits of the healthcare sector who are hampered tremendously. The demand and supply chain of the medical equipments who was hampered tremendously which was slowed down due to the lack of transportation facilities connecting the various countries. Therefore, the medical device packaging market suffered due to the lack of medical devices being demanded and supplied from the manufacturer to the consumer. As a result of the pandemic the medical equipments, health care individuals and the various facilities were employed together towards a common goal in order to revive the health condition of the people worldwide. A lack of medical devices was faced by the market as a result of the high demand and low supply of the equipments. This disturbance in the demand and supply was created as a result of the heavy flow of patients during the pandemic. This difficulty hampered the growth of the medical device packaging market immensely as there was lack of trade between the producer and the market. These multiple factors proved to be a great challenge in front of the growth of the market.
Growth Factors
The occurrence of the pandemic affected the growth of the market in both ways. On one hand, it hampered the demand and supply chain of the medical equipments worldwide. On the other hand, the demand for medical supplies had experienced the highest demand till date as a result of the high number of patients that were attended by the hospitals along with the growing number of casualties. A higher demand for oximeters, ventilators and respirators was seen during the pandemic. This high demand also led to an increase in the individual cost of these medical equipments which helped the manufacturers to own more profits. The other accessory devices which act as a support system during the course of treatment were also facing a high demand from the market. Rapid increase in the consumption of medical equipments and accessories helped the market to perform wonderfully and record a high revenue return for the manufacturers. In order to safeguard the medical staff from being infected by the patients, additional security measures were taken by the hospitals and the healthcare sector.
A high level of protective gears word made use of by the medical staff even to handle the other varieties of patients other than covid. This led to an increased consumption off medical supplies by the health care sector. A high demand of medical equipments supported the medical device packaging industry completely. Providing a proper package to the medical equipment became an essential step in order to supply the medical equipment intact to avoid any further shortage which might be caused as a result of faulty delivery procedure. A faulty delivery system hampers the functionality of the medical device, which could not be afforded during the times of the pandemic. The demand for a proper packaging process was seen to increase rapidly in order to receive proper functional devices and equipmentsas there was a shortage of time with the hospitals and the health care services in order to meet the demands and treat maximum patience as much as possible. As a result of the high demand, people readily paid in order to obtain the best available health facilities.
A proper packaging system protects the medical device from being damaged which helps to complete a successful delivery process. Hence, the total expenditure which is done in order to transport a medical equipment from the manufacturer to the distributor does not go waste. It also helps the market to meet the required targets and demands. The durability and functionality of a medical device depends on the state in which it has been delivered to the end user. Any damage physically or functionally to a medical device during the process of delivery proves to be a direct loss for the manufacturer hold stop certain medical devices need to be protected from contamination in order to maintain it's a sterile condition which is very essential when these medical devices are put into use for the geriatric population or the highly vulnerable patients. This also applies for individuals suffering from diabetes who have a high risk of cross-infection.
Report Scope of the Medical Device Packaging Market
| Report Coverage | Details |
| Market Size in 2022 | USD 32.6 Billion |
| Market Size by 2030 |
USD 63.1 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 7.6% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Material, Product, Application, Accessories, Distribution Channel, End-User, Geography |
| Companies Mentioned | Berry Global Inc., CCL industries INC., 3M Company, Amcor Limited, Constantia Flexibles, DuPont, WestRock Company, Sonoco Products Company, Klöckner Pentaplast Group, Mitsubishi Chemical, Holdings Corporation |
Product Insights
On the basis of product, the market has been dominated by the pouches segment as a result of its larger share in the market. As a result of its rapid use in the packaging industry from small to large scale industries in order to pack the semi soft and soft medical products in single quantities that need special care in order to maintain its physical and functional properties. These medical products I have a very high risk of getting damaged which alters the functional properties of the device. These types of products mainly include dialysis caps, dental supplies, small instruments, IV sets, urine catheters and intravenous catheters.
Boxes from the next type of segment which are provide a firm packaging to the medical equipment in order to avoid damages. The boxes are mainly used in order to protect the easily breakable medical equipment that requires special protection from external damaging factors. Bags from the next type of segment which help in transportation of the products from the retail stores to the end users which are also improves the portability of the medical products. Bags play a major role in contributing to the growth of the market as it helps in supporting the day-to-day demand and supply chain in the market.
Material Insights
On the basis of material, the plastic segment has dominated the market as a result of its extensive use in this sector as a result of its high flexibility and lightweight. It is easily available in the market and can be used to store large number of small products together which can be carried easily. It also provides or cheaper option to the manufacturer in order to provide a suitable packaging option for the medical instrument which helps to maintain the integrity of the product physically and functionally. The use of paper boards and paper bags have also been observed extensively as a result of the increasing awareness regarding pollution of the environment with waste matter.
In order to control this rapid climate change and pollution the use of paper bags has been encouraged by the government worldwide. Special efforts have been taken by the government by imposing rules and regulations on the manufacturers and the retailers in order to control the supply of plastic. Additionally, paper bags are easily disposable and degradable which helps easy waste recycling. Glass bottles from the next segment which are extensively seen to be used in the hospital sector where the use of injectables and medicines it's commonly observed. Glass bottles provide a very suitable option for the manufacturers in order to improve the shelf life of the medicines and injectables. Other types of materials which are used include foils.
Application Insights
On the basis of application, sterile packaging has seen to be dominating the segment as a result of its extensive use in the medical field. The use of sterile products has increased in the market as a result of the vulnerability of the patients. The increasing number of diabetic patients in the world has boosted the need for sterile products as these patients have difficulty in healing of wounds which increases the risk of sepsis.
On the other hand, the procedures such as insertion of urine catheters and intravenous catheters require sterile packaging which avoids the risk of contamination and sepsis. The non-sterile medical packaging forms the next segment which is also used extensively for the products which do not require sterility.
Medical Device Packaging Market Share, By Region, 2021 (%)
| Regions | Revenue Share in 2021 (%) |
| North America | 40% |
| Asia Pacific | 17% |
| Europe | 34% |
| Latin America | 5% |
| MEA | 4% |
Geography Insights
On the basis of geography, North American market has shown the maximum growth as a result of the huge number of patients that are present in this region. The rapid modernization and urbanization have led to sedentary lifestyle which has led to a number of chronic diseases among the patients which hasincreased the use of sterile medical products which increases the need of a proper packaging facility for the equipment. The Asia Pacific region and the European market have shown a considerable growth during the forecast period.
Recent developments
In April 2020, ultra packaging was introduced by Amcor ted for the products that were hydrogen sterilized. Steam preservation was also another benefit that was provided by this type of packaging. These packages received global acceptance after their approval. They were prepared as per the standard norms of the SBS.
Key market players
Segments covered in the report
(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)
By Material
By Product
By Application
By Accessories
By Distribution Channel
By End-User
By Geography
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