GITNUX MARKETDATA REPORT 2024

Medical Packaging Industry Statistics

The medical packaging industry is expected to experience steady growth due to increased demand for healthcare products and services worldwide.

Statistic 1

"Single-use packaging is dominant in hospital and clinical settings."

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Statistic 2

"Sustainable and eco-friendly packaging solutions are gaining traction in the medical packaging industry."

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Statistic 3

"Contract packaging services are predicted to grow at a significant pace during the forecast period."

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Statistic 4

"The sterile packaging segment represented over 25% of the total market share in 2019."

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Statistic 5

"The global medical packaging market was valued at approximately USD 44.3 billion in 2019."

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Statistic 6

"The use of barcode and RFID technology in medical packaging is expected to grow significantly."

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Statistic 7

"Asia Pacific is projected to be the fastest-growing market, with a CAGR of 7.2% during the forecast period."

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Statistic 8

"The pharmaceutical & biological segment held the largest share of the market in 2019."

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Statistic 9

"The rise in healthcare expenditure boosts the growth of the medical packaging market."

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Statistic 10

"The growth of the e-commerce sector has led to an increased demand for medical packaging solutions."

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Statistic 11

"North America accounted for the largest share of over 40% in 2019."

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Statistic 12

"The European medical packaging market was valued at over USD 10 billion in 2019."

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Statistic 13

"In 2019, materials such as non-wovens and paper & paperboard were also significantly used in medical packaging."

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Statistic 14

"The market is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2020 to 2027."

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Statistic 15

"The prevalence of chronic diseases necessitates advanced medical packaging solutions for drug delivery systems."

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Statistic 16

"In 2019, the blister packaging segment held a significant share of the medical packaging market."

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Statistic 17

"In 2020, the COVID-19 pandemic significantly increased the demand for medical packaging products."

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Statistic 18

"The demand for temperature-controlled packaging has increased due to the rise in biologics and specialty pharmaceuticals."

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Statistic 19

"Flexible packaging is expected to register the highest CAGR over the forecast period."

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Statistic 20

"Plastics accounted for more than 50% of the total material used in medical packaging in 2019."

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