Medical Device Packaging Market in Europe projected to grow by USD 4.89 billion from 2024-2028, driven by AI’s impact and rising demand for medical devices – Technavio

NEW YORK, Oct. 14, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Medical Device Packaging Market in Europe  size is estimated to grow by USD 4.89 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 8.89%  during the forecast period.  High demand for medical devices in Europe is driving market growth, with a trend towards growing demand for flexible packaging solutions. However, stringent regulations pertaining to medical device packaging  poses a challenge – Key market players include Amcor Plc, Berry Inc., Billerud AB, Constantia Flexibles Group GmbH, DuPont de Nemours Inc., Eastman Chemical Co., Elos Medtech., Gerresheimer AG, Healthcare Print and Packaging Ltd., KP Holding GmbH and Co. KG, Nelipak Corp., Oliver Healthcare Packaging Co., RENOLIT SE, Rochling SE and Co. KG, rose plastic AG, Sonoco Products Co., Sterimed, VP Group, WestRock Co., and Wihuri International Oy.

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Sterile packaging and Nonsterile packaging), Product (Pouches, Trays, Clamshells, and Others), and Geography (Europe)

Region Covered

Europe

Key companies profiled

Amcor Plc, Berry Global Inc., Billerud AB, Constantia Flexibles Group GmbH, DuPont de Nemours Inc., Eastman Chemical Co., Elos Medtech., Gerresheimer AG, Healthcare Print and Packaging Ltd., KP Holding GmbH and Co. KG, Nelipak Corp., Oliver Healthcare Packaging Co., RENOLIT SE, Rochling SE and Co. KG, rose plastic AG, Sonoco Products Co., Sterimed, VP Group, WestRock Co., and Wihuri International Oy

Key Market Trends Fueling Growth

The European healthcare industry has seen a significant increase in demand for flexible packaging solutions for disposable medical devices and equipment over the past five years. This trend is driven by the growing number of hospitals and healthcare facilities opting for disposable medical devices to prevent cross-contamination and infection. Flexible packaging materials, such as thin films and pouches, are easily sterilized through methods like gamma irradiation and ethylene oxide, ensuring medical devices remain contaminant-free. Key vendors, including Constantia Flexibles Group GmbH, provide flexible packaging solutions for medical devices in Europe. As a result, the market for medical device packaging in Europe is expected to grow substantially during the forecast period due to the rising demand for flexible packaging solutions for disposable medical devices. 

The European medical device packaging market is witnessing significant growth due to the increasing focus on patient safety, infection prevention, and sterility. Packaging materials like plastics, bags, and pouches, and aluminum are widely used to ensure product integrity and maintain a sterile environment. Sustainability is a key trend, with the use of eco-friendly materials such as biodegradable plastics and recycled materials gaining popularity. Chronic diseases and specialized packaging for healthcare products require strict regulations to prevent biological contamination and physical damage. Sterile barrier systems, tamper evident features, and microbial barriers are essential to maintain product shelf life and environmental conditions. FDA guidelines and stringent regulations ensure the highest standards for infection control and disinfection. Single-use medical gadgets, dialysis disconnect caps, wound dressings, intravenous catheters, surgical instruments, and biologics all require specialized packaging solutions. Aluminum usage remains common for its excellent barrier properties, but sustainability concerns are driving the shift towards more eco-friendly alternatives. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

•         Medical device packaging in Europe must comply with the European Medical Device Regulations, ensuring the preservation of sterility from packaging to user hands. Primary packing materials, which come into direct contact with devices, and secondary packaging, such as paper or cardboard boxes, undergo extensive testing for resistance to external elements. Producers submit their packaging to rigorous testing to maintain sterility during transport and aging. Adherence to these regulations poses a challenge for vendors in the European medical device packaging market, potentially impacting market growth during the forecast period.

•         The European medical device packaging market faces several challenges, including environmental conditions that require packaging solutions. Plastics, particularly bags and pouches, dominate the market, but there’s a growing demand for sterile packaging to ensure product integrity and infection control. FDA guidelines and sustainability concerns drive the use of eco-friendly materials, such as compostable and biodegradable packaging. Aluminum is also popular due to its barrier properties, but its high cost and environmental impact are concerns. Biologics require specialized packaging to prevent biological contamination and physical damage. Stringent regulations demand high standards for waste management and single-use medical gadgets. Medical manufacturing and contract packaging companies invest in near field communication and radio frequency identification for traceability. Inorganic and organic growth opportunities exist in areas like disposable consumables, implantable devices, and clamshell blister packs.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This medical device packaging market in Europe report extensively covers market segmentation by

  1. Application 
  • 1.1 Sterile packaging
  • 1.2 Nonsterile packaging
  • Product 
    • 2.1 Pouches
    • 2.2 Trays
    • 2.3 Clamshells
    • 2.4 Others
  • Geography 
    • 3.1 Europe

    1.1 Sterile packaging-  Sterile packaging, consisting of non-reusable plastic shells, wrappings, and other materials, plays a crucial role in the European medical device market. These packaging solutions undergo sterilization processes such as autoclave, gamma, or ethylene oxide (EO) to ensure sterility. Benefits include protection against microbe-caused infections for patients, manufacturers, and healthcare professionals, as well as adherence to industry standards. Vendors like DuPont de Nemours Inc. Offer tear-resistant, durable, breathable, and clean-peel Tyvek healthcare packaging, which keeps medical equipment and pharmaceuticals sterile via methods including EO radiation (gamma and electron beam) and steam under controlled conditions. These offerings will fuel the market’s growth during the forecast period.

    Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

    Research Analysis

    The European medical device packaging market is a significant sector in the healthcare industry, focusing on ensuring patient safety, infection prevention, sterility, and product integrity. Packaging materials play a crucial role in maintaining a sterile environment and preventing biological contamination, physical damage, and infection during transportation and storage. Sustainability is a growing trend in medical device packaging, with the use of eco-friendly materials such as sustainable packaging, biodegradable plastics, and recycled materials. Aluminum is widely used due to its excellent barrier properties, while biologics require specialized packaging solutions to maintain their potency and efficacy. Single-use medical gadgets, including wound dressings, intravenous catheters, and dialysis disconnect caps, require robust and reliable packaging to ensure product integrity and prevent contamination. Pouches and packaging with compostable and biodegradable options are increasingly popular for their environmental benefits. Polyethylene and paper laminates are common packaging materials, while disinfection and sterilization processes are essential to ensure the safety and efficacy of healthcare products. The market continues to evolve, with ongoing research and development in materials science and packaging technologies to meet the evolving needs of the healthcare industry.

    Market Research Overview

    The European medical device packaging market is a significant and growing industry, driven by the need for patient safety, infection prevention, and sterility in healthcare products. Packaging materials, such as plastics, bags, and pouches, play a crucial role in maintaining product integrity and ensuring a sterile environment. Sustainability is also a key consideration, with an increasing focus on eco-friendly materials like biodegradable plastics and recycled materials. Stringent regulations, including FDA guidelines, ensure the highest standards for product safety and environmental impact. Chronic diseases and specialized medical devices, such as biologics, intravenous catheters, and surgical instruments, require advanced packaging solutions with sterile barrier systems, tamper evident features, and microbial barriers. Sustainability is a major trend, with a shift towards compostable and biodegradable packaging, and the use of near field communication and radio frequency identification for traceability and waste management. Environmental conditions, such as temperature and humidity, must be carefully controlled to maintain product shelf life and prevent physical damage. Aluminum usage is common in medical packaging due to its excellent barrier properties, but there is a growing interest in organic growth through the use of paper laminates and other eco-friendly alternatives. The market is expected to continue growing, driven by the increasing demand for single-use medical gadgets and implantable devices, as well as the ongoing development of new and innovative packaging solutions.

    Table of Contents:

    1 Executive Summary

    2 Market Landscape

    3 Market Sizing

    4 Historic Market Size

    5 Five Forces Analysis

    6 Market Segmentation

    • Application
      • Sterile Packaging
      • Nonsterile Packaging
    • Product
      • Pouches
      • Trays
      • Clamshells
      • Others
    • Geography



    7 Customer Landscape

    8 Geographic Landscape

    9 Drivers, Challenges, and Trends

    10 Company Landscape

    11 Company Analysis

    12 Appendix

    About Technavio

    Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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 across 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.

    Contacts

    Technavio Research

    Jesse Maida

    Media & Marketing Executive

    US: +1 844 364 1100

    UK: +44 203 893 3200

    Email: [email protected]

    Website: www.technavio.com/

    SOURCE Technavio

    WANT YOUR COMPANY’S NEWS FEATURED ON PRNEWSWIRE.COM?

    icon3

    440k+
    Newsrooms &
    Influencers

    icon1

    9k+
    Digital Media
    Outlets

    icon2

    270k+
    Journalists
    Opted In

    Go to Source