(PharmaNewsWire.Com, March 16, 2018 ) The report " North America Medical Devices Packaging Market”: - By Packing Type ,By Material By Packaging Type , By Application & By Geography - Trends & Forecast (2018-2024). Envision Inteligence estimates that North America Medical Devices Packaging Market is projected to reach $14,073.1 million by the end of 2024 with a CAGR of 5.7% from $9,102.7 million in 2017.
Introduction: Packaging can be termed as a technique of protecting the products while storing, using and transporting. Medical devices need extra care when being shipped or transported from one place to another, and require protection against shock, vibrations, atmospheric changes in humidity and heat. As such medical device packaging is an essential element in keeping medical devices functional and ready to use whenever needed.
North America dominates the medical device packaging market in terms of revenue owing to increasing use of disposable medical device packaging, high standard of living of consumers, outstanding healthcare facilities and stringent protocol for medical packaging in countries in the region. Mainly, United States holds the largest share in the medical devices packaging market in North America due to the high technological development, high disposable income, excellent medical and healthcare infrastructure and strict FDA regulations.
Key players in the market include: • Bemis • Amcor • DuPont • Berry Plastics • Albea
Reasons to buy this report: This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include: • Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysisare performed to comprehend the market dynamics and key companies’ position during the next five years. • Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries. • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain. • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market. • A complete 360 degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report. • Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
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