Medical Device Packaging Market size in North America to grow at a CAGR of 9.84% from 2022 to 2027|3M Co., Amcor Plc, Aphena Pharma Solutions, and more to emerge as key players- Technavio

NEW YORK, July 22, 2023 /PRNewswire/ — The North America medicinal device packaging market size is estimated to grow by USD 4,280 million from 2022 to 2027. The market is estimated to accelerate at a CAGR of 9.84%, according to Technavio.The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors, including 3M Co., Amcor Plc, Aphena Pharma Solutions, AptarGroup Inc., Berry Global Inc., CCL Industries Inc., Constantia Flexibles Group GmbH, DuPont de Nemours Inc., Glenroy Inc., KP Holding GmbH and Co. KG, Mitsubishi Chemical Group Corp., Oliver Healthcare Packaging Co., Placon Corp., Plastic Ingenuity, Printpack Inc., SCHOTT AG, Sonoco Products Co., Steripack Group Ltd., Tekni Plex Inc., and West Pharmaceutical Services Inc. Download a Sample Report Now!

Medical Device Packaging Market Insights In North America –

• Vendors: 15+, Including 3M Co., Amcor Plc, Aphena Pharma Solutions, AptarGroup Inc., Berry Global Inc., CCL Industries Inc., Constantia Flexibles Group GmbH, DuPont de Nemours Inc., Glenroy Inc., KP Holding GmbH and Co. KG, Mitsubishi Chemical Group Corp., Oliver Healthcare Packaging Co., Placon Corp., Plastic Ingenuity, Printpack Inc., SCHOTT AG, Sonoco Products Co., Steripack Group Ltd., Tekni Plex Inc., and West Pharmaceutical Services Inc.
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Application (Equipment and tools, In-vitro diagnostic, Devices, and Implants) and Product (Pouches, Trays, Clamshells, Boxes, and others)

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Major Drivers – The growing shift toward smart packaging of medical devices drives the medical device packaging market growth in North America. There is a significant potential for intelligent packaging to boost sales by introducing certain differences in packaging, such as printing methods, types and sizes, practicality, and visual features. Another significant method is to enhance customer logistics and supply chain management with the development of radiofrequency devices, digital (barcode) reader technologies, temperature and humidity sensors, and customized packaging. The launch of smart packaging has revolutionized the market landscape in North America. Also, QR codes are embedded with the packaging of medical devices that can be scanned to access tutorial videos for using the product. The main advantage of using smart packaging is that it enables communication between hardware, software, medical professionals, patients, and manufacturers. Furthermore, several vendors are launching innovative methods of packaging, which is expected to drive the medical device packaging market growth in North America during the forecast period.

Significant Trends – The increasing demand for flexible packaging solutions is a primary trend shaping the medical device packaging market in North America. There has been a rise in demand for flexible packaging solutions in the medical disposable equipment or device market in North America. One of the main reasons for this significant transition is the increasing adoption of disposable medical devices by e hospitals and healthcare facilities in order to limit infection and cross-contamination. In addition, the main advantage of flexible packaging is that it can be sterilized using different techniques, including ethylene oxide or gamma irradiation, guaranteeing that medical devices are free from contaminants. Some of the common examples of medical disposables include devices like gloves, catheters, syringes, injections, plasters, scalpels, and insulin pens/ Other benefits of flexible packaging are that they are portable, lightweight, and take up less space in the warehouse and on the road. Hence, such factors are expected to drive the medical device packaging market growth in North America during the forecast period.

Key challenges – Replacement of old equipment and sterilization challenges are major factors hindering the medical device packaging market growth in North America. The strength of the package to prevent damage to an expensive medical device and the ability to withstand the effects of sterilization without the degradation of the package are prioritized by the manufacturers while designing the package. On the other hand, before opening the product, most end-users prefer to view it through a clear rigid package. Additionally, high-performance packaging is required for medical devices like prefilled syringes, injector pens, insulin pumps, or metered dose inhalers. Hence, designing the packaging based on contrasting requirement has become difficult for manufacturers, which are negatively impacting the market. Hence, such factors are expected to hinder the medical device packaging market growth in North America during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The medical device packaging market in north america report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Medical Device Packaging Market In North America report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the medical device packaging market in North America between 2023 and 2027
• Precise estimation of the medical device packaging market in North America size and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the medical device packaging market across North America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of the medical device packaging market vendors in North American

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Regional – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on North America: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Regional – Market size and forecast 2022-2027 ($ million)

4 Historic Market Size

• 4.1 Medical Device Packaging Market in North America 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Medical Device Packaging Market in North America 2017 – 2021 ($ million)

• 4.2 Application Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.3 Product Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 22: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 28: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 29: Chart on Application – Market share 2022-2027 (%)
• Exhibit 30: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 31: Chart on Comparison by Application
• Exhibit 32: Data Table on Comparison by Application

• 6.3 Equipment and tools – Market size and forecast 2022-2027 
• Exhibit 33: Chart on Equipment and tools – Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Equipment and tools – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Equipment and tools – Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Equipment and tools – Year-over-year growth 2022-2027 (%)

• 6.4 In-vitro diagnostic – Market size and forecast 2022-2027 
• Exhibit 37: Chart on In-vitro diagnostic – Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Data Table on In-vitro diagnostic – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Chart on In-vitro diagnostic – Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on In-vitro diagnostic – Year-over-year growth 2022-2027 (%)

• 6.5 Devices – Market size and forecast 2022-2027 
• Exhibit 41: Chart on Devices – Market size and forecast 2022-2027 ($ million)
• Exhibit 42: Data Table on Devices – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Chart on Devices – Year-over-year growth 2022-2027 (%)
• Exhibit 44: Data Table on Devices – Year-over-year growth 2022-2027 (%)

• 6.6 Implants – Market size and forecast 2022-2027 
• Exhibit 45: Chart on Implants – Market size and forecast 2022-2027 ($ million)
• Exhibit 46: Data Table on Implants – Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Chart on Implants – Year-over-year growth 2022-2027 (%)
• Exhibit 48: Data Table on Implants – Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Application 
• Exhibit 49: Market opportunity by Application ($ million)
• Exhibit 50: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 51: Chart on Product – Market share 2022-2027 (%)
• Exhibit 52: Data Table on Product – Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 53: Chart on Comparison by Product
• Exhibit 54: Data Table on Comparison by Product

• 7.3 Pouches – Market size and forecast 2022-2027 
• Exhibit 55: Chart on Pouches – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Pouches – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Pouches – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Pouches – Year-over-year growth 2022-2027 (%)

• 7.4 Trays – Market size and forecast 2022-2027 
• Exhibit 59: Chart on Trays – Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Trays – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Trays – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Trays – Year-over-year growth 2022-2027 (%)

• 7.5 Clamshells – Market size and forecast 2022-2027 
• Exhibit 63: Chart on Clamshells – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Clamshells – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Clamshells – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Clamshells – Year-over-year growth 2022-2027 (%)

• 7.6 Boxes and others – Market size and forecast 2022-2027 
• Exhibit 67: Chart on Boxes and others – Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Boxes and others – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Boxes and others – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Boxes and others – Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Product 
• Exhibit 71: Market opportunity by Product ($ million)
• Exhibit 72: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 74: Chart on Market share by geography – 2022-2027 (%)
• Exhibit 75: Data Table on Market share by geography – 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 76: Chart on Geographic comparison
• Exhibit 77: Data Table on Geographic comparison

• 9.3 US – Market size and forecast 2022-2027 
• Exhibit 78: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.4 Canada – Market size and forecast 2022-2027 
• Exhibit 82: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.5 Mexico – Market size and forecast 2022-2027 
• Exhibit 86: Chart on Mexico – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Data Table on Mexico – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Chart on Mexico – Year-over-year growth 2022-2027 (%)
• Exhibit 89: Data Table on Mexico – Year-over-year growth 2022-2027 (%)

• 9.6 Market opportunity by geography 
• Exhibit 90: Market opportunity by geography ($ million)
• Exhibit 91: Data Table on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 92: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 93: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 94: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 95: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 96: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 97: Matrix on vendor position and classification

• 12.3 3M Co.
• Exhibit 98: 3M Co. – Overview
• Exhibit 99: 3M Co. – Business segments
• Exhibit 100: 3M Co. – Key news
• Exhibit 101: 3M Co. – Key offerings
• Exhibit 102: 3M Co. – Segment focus

• 12.4 Amcor Plc
• Exhibit 103: Amcor Plc – Overview
• Exhibit 104: Amcor Plc – Business segments
• Exhibit 105: Amcor Plc – Key news
• Exhibit 106: Amcor Plc – Key offerings
• Exhibit 107: Amcor Plc – Segment focus

• 12.5 AptarGroup Inc.
• Exhibit 108: AptarGroup Inc. – Overview
• Exhibit 109: AptarGroup Inc. – Business segments
• Exhibit 110: AptarGroup Inc. – Key offerings
• Exhibit 111: AptarGroup Inc. – Segment focus

• 12.6 Berry Global Inc.
• Exhibit 112: Berry Global Inc. – Overview
• Exhibit 113: Berry Global Inc. – Business segments
• Exhibit 114: Berry Global Inc. – Key news
• Exhibit 115: Berry Global Inc. – Key offerings
• Exhibit 116: Berry Global Inc. – Segment focus

• 12.7 CCL Industries Inc.
• Exhibit 117: CCL Industries Inc. – Overview
• Exhibit 118: CCL Industries Inc. – Business segments
• Exhibit 119: CCL Industries Inc. – Key offerings
• Exhibit 120: CCL Industries Inc. – Segment focus

• 12.8 Constantia Flexibles Group GmbH 
• Exhibit 121: Constantia Flexibles Group GmbH – Overview
• Exhibit 122: Constantia Flexibles Group GmbH – Product / Service
• Exhibit 123: Constantia Flexibles Group GmbH – Key news
• Exhibit 124: Constantia Flexibles Group GmbH – Key offerings

• 12.9 DuPont de Nemours Inc. 
• Exhibit 125: DuPont de Nemours Inc. – Overview
• Exhibit 126: DuPont de Nemours Inc. – Business segments
• Exhibit 127: DuPont de Nemours Inc. – Key news
• Exhibit 128: DuPont de Nemours Inc. – Key offerings
• Exhibit 129: DuPont de Nemours Inc. – Segment focus

• 12.10 KP Holding GmbH and Co. KG 
• Exhibit 130: KP Holding GmbH and Co. KG – Overview
• Exhibit 131: KP Holding GmbH and Co. KG – Product / Service
• Exhibit 132: KP Holding GmbH and Co. KG – Key offerings

• 12.11 Mitsubishi Chemical Group Corp. 
• Exhibit 133: Mitsubishi Chemical Group Corp. – Overview
• Exhibit 134: Mitsubishi Chemical Group Corp. – Business segments
• Exhibit 135: Mitsubishi Chemical Group Corp. – Key offerings
• Exhibit 136: Mitsubishi Chemical Group Corp. – Segment focus

• 12.12 Placon Corp.
• Exhibit 137: Placon Corp. – Overview
• Exhibit 138: Placon Corp. – Product / Service
• Exhibit 139: Placon Corp. – Key offerings

• 12.13 Printpack Inc.
• Exhibit 140: Printpack Inc. – Overview
• Exhibit 141: Printpack Inc. – Product / Service
• Exhibit 142: Printpack Inc. – Key offerings

• 12.14 SCHOTT AG
• Exhibit 143: SCHOTT AG – Overview
• Exhibit 144: SCHOTT AG – Business segments
• Exhibit 145: SCHOTT AG – Key news
• Exhibit 146: SCHOTT AG – Key offerings
• Exhibit 147: SCHOTT AG – Segment focus

• 12.15 Sonoco Products Co.
• Exhibit 148: Sonoco Products Co. – Overview
• Exhibit 149: Sonoco Products Co. – Business segments
• Exhibit 150: Sonoco Products Co. – Key offerings
• Exhibit 151: Sonoco Products Co. – Segment focus

• 12.16 Steripack Group Ltd.
• Exhibit 152: Steripack Group Ltd. – Overview
• Exhibit 153: Steripack Group Ltd. – Product / Service
• Exhibit 154: Steripack Group Ltd. – Key offerings

• 12.17 West Pharmaceutical Services Inc. 
• Exhibit 155: West Pharmaceutical Services Inc. – Overview
• Exhibit 156: West Pharmaceutical Services Inc. – Business segments
• Exhibit 157: West Pharmaceutical Services Inc. – Key news
• Exhibit 158: West Pharmaceutical Services Inc. – Key offerings
• Exhibit 159: West Pharmaceutical Services Inc. – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 160: Inclusions checklist
• Exhibit 161: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 162: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 163: Research methodology
• Exhibit 164: Validation techniques employed for market sizing
• Exhibit 165: Information sources

• 13.5 List of abbreviations 
• Exhibit 166: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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