Sterile Medical Packaging Market Analysis

Global Sterile Medical Packaging Market Overview

Sterile Medical Packaging Market Size was valued at USD 28.38 Billion in 2023. The Sterile Medical Packaging industry is projected to grow from USD 31.22 Billion in 2024 to USD 60.80 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.69% during the forecast period (2024 - 2032). Increased consumption of sterile medical packaging in healthcare, growing health awareness, and rising concern for infection control are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Sterile Medical Packaging Market Trends

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  The growing consumption rate of sterile medical packaging in healthcare is driving the market growth

  
  

The market CAGR for sterile medical packaging is driven by the rising consumption of sterile medical packaging. Using plastics and paper & paperboard offers advantages, such as recyclability, low weight, and longevity. Sterile medical packaging protects against environmental damage, such as moisture during transit, leading to increased demand from the medical industry. Microbial barrier properties make sterile medical packaging an excellent choice in healthcare, where it is utilized to package medical instruments and pharmaceutical supplies.

Furthermore, the sterile medical packaging market is anticipated to rise due to increasing health awareness and growing concerns about infection control. The ease of handling sterile medical packaging materials drives its demand. Rising consumer income will shift consumer preference toward increasing healthcare spending, boosting the growth of sterilized medical packaging items. Sterile packaging ensures the preservation of medical devices, maintaining their integrity and preventing contamination throughout their shelf life.

The world’s aging population is increasing health difficulties that necessitate medical help, pushing the demand for sterile medical packaging. Diabetes and high blood pressure are frequent among the aging population. The healthcare business improves technology to provide a standard of living that necessitates sterile medical packaging to prevent further infection, which may deteriorate consumer health. As a result, it is anticipated that demand for sterile medical packaging will increase throughout the estimated period due to the rising demand for sterile medical equipment. Thus, driving the Sterile Medical Packaging market revenue.

Sterile Medical Packaging Market Segment Insights

Sterile Medical Packaging Type Insights

The  Sterile Medical Packaging market segmentation, based on type, includes thermoform trays, flexible pouches, bottles, and others. The thermoform trays segment dominated the market due to their low weight. They are simple and flexible to transport. Thermoformed trays are composed of plastic and come in various shapes and sizes. They are intended for internal usage. Plastic trays have a highly flexible package design style because the plastics used for trays may be thermoformed to create numerous forms. Because of their adaptability, they can be used for anything. Semi-rigid and flexible thermoform trays are both used in the healthcare industry.

Sterile Medical Packaging Material Insights

The  Sterile Medical Packaging segmentation, based on material, includes glass, plastic, metal and others. The plastic segment generated the most income due to its widespread use and increased end-user demand. Plastic polymers such as polyester, HDPE, and polypropylene are commonly used in sterile medical packaging to make tubes, vials & ampoules, and prefilled syringes.

Sterile Medical Packaging End-User Insights

The  Sterile Medical Packaging market segmentation, based on end-user, includes surgical instruments, pharmaceuticals, and others. The pharmaceuticals segment generated the most income due to the expanding healthcare sector and the launch of novel pharmaceuticals. Technological advancements have streamlined and integrated the sterile packaging process for pharmaceutical items, making it more capital-intensive. This method reduces the possibility of contamination. Manufacturing and packaging pharmaceutical and biological products necessitate extensive inspections, safety controls, and guaranteeing legal conformity with the drug’s composition and the material used in the packaging.

Sterile Medical Packaging Sterilization Method Insights

The  Sterile Medical Packaging market segmentation, based on sterilization methods, includes chemicals, radiation, and others. The chemical category generated the most income. Chemical sterilization is an alkylating agent that affects the reproductive processes and cellular metabolism of bacteria; also, it is well-suited for many materials that degrade through radiation or heat sterilization, such as plastics and glass.

Figure 1: Sterile Medical Packaging Market, by Sterilization Method, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Sterile Medical Packaging Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Sterile Medical Packaging market area will dominate this market, owing to the aging population and rising healthcare spending capacity. In addition, the growing availability of advanced medical delivery systems and gross domestic product will boost market growth in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: STERILE MEDICAL PACKAGING MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Sterile Medical Packaging market accounts for the second-largest market share due to the growing use of medical equipment such as thermoform trays, vials & ampoules, sterile bottles & containers and pre-fillable syringes in several medical applications. Further, the German Sterile Medical Packaging market held the largest market share, and the UK Sterile Medical Packaging market was the fastest-growing market in the European region.

The Asia-Pacific Sterile Medical Packaging Market is expected to grow at the fastest CAGR from 2023 to 2032 due to the rising population and awareness of consumers toward healthcare needs. Moreover, China’s Sterile Medical Packaging market held the largest market share, and the Indian Sterile Medical Packaging market was the fastest-growing market in the Asia-Pacific region.

Sterile Medical Packaging Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Sterile Medical Packaging market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Sterile Medical Packaging industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the  Sterile Medical Packaging industry to benefit clients and increase the market sector. In recent years, the Sterile Medical Packaging industry has offered some of the most significant medical advantages. Major players in the Sterile Medical Packaging market, including Orchid Chemicals and Pharmaceuticals Ltd., Amcor Ltd., West Pharmaceuticals Services Inc., Oliver Tolas Healthcare Packaging, Bemis Company Inc., Steripack Ltd., Oracle Packaging Inc., Riverside Medical (Packaging Company), Janco Inc., Selenium Medical, DuPont De Nemours and Company, Wipak Walsrode GmbH and Co., Placon Corporation, and others, are attempting to increase market demand by investing in research and development operations.

Kosciusko Economic Development Corporation (KEDCO) is to bring together, build, and showcase Kosciusko County’s talent, ideas, and capital. KEDCO assists businesses at all stages by navigating opportunities of all sizes. KEDCO is headquartered in Kosciusko County, Indiana. KEDCO brings together the right people and resources to solve problems. KEDCO fosters neighborhood growth and community collaborations and assists local businesses in navigating opportunities at all stages of business. KEDCO display and share Kosciusko County’s outcomes, stories, and assets. For Instance: In April 2023, the City of Warsaw, Indiana, and the Kosciusko Economic Development Corporation (KEDCO) announced that Mentor Supply Chain USA (Mentor Media) would open a sterile packaging and supply chain management hub at the Warsaw Technology Park. Its products and services include medical device finishing and supply chain management. Such expansions propel the sterile medical packaging industry forward.

Cleanroom Film ad bags (CFB), with 35 years of experience in the clean room parts cleaning segment and more stringent cleanliness requirements for the packaging of Level 100 cleaned parts on the horizon, CFB discovered that the company couldn’t find the proper packaging solutions to protect its ultrasonically cleaned products. So, with a vision of what “THE NEXT LEVEL” of cleanroom packaging should be, the company initiated a program in 1998 to establish a quality-driven flexible packaging company focusing on cleanroom applications. A class 100 clean room was developed for the 100% VERTICAL INTEGRATION of polyethylene extrusion and conversion processes. Cleanroom Film & Bags has delivered the exceptional quality packaging today demanded in the microelectronic, aerospace, semiconductor, silicon, food, and medical applications thanks to this clean room and carefully developed resins and blends. For Instance: In May 2022, Cleanroom Film and Bags (CFB), a part of a US-based packaging company, will open a plant to manufacture sterile cleanroom packaging. The facility will have ISO-certified cleanrooms and will run on solar energy.

DuPont announced the Tyvek Protec PSU peel-and-stick underlayment addition to its roofing underlayment product line in April 2024. The new product is made for high performance, high temperature, UV resistance, slip-resistant walking surface, split liner for easy installation ICC-ES code report and prestigious FL/Miami-Dade certification.

Key Companies in the Sterile Medical Packaging market include

• Orchid Chemicals and Pharmaceuticals Ltd.


• Amcor Ltd.


• West Pharmaceuticals Services Inc.


• Oliver Tolas Healthcare Packaging


• Bemis Company Inc.


• Steripack Ltd.


• Oracle Packaging Inc.


• Riverside Medical (Packaging Company)


• Janco Inc.


• Selenium Medical


• DuPont De Nemours and Company


• Wipak Walsrode GmbH and Co.


• Placon Corporation

Sterile Medical Packaging Industry Developments

April 2022: Amcor will expand its healthcare packaging factory in Sligo, Ireland, to boost its position in the sterile packaging business. Amcor will add Class VII cleanroom manufacturing settings and ISO 13485-certified advanced thermoforming activities to meet regulatory requirements as part of the project.

November 2022: Schreiner Medi Pharm, a pharmaceutical-label specialist, and SCHOTT Pharma, a developer of drug containment and delivery solutions for medicines, extended their collaboration to create new smart concepts that add functional value to prefilled syringes. This collaboration has thus far mostly concentrated on equipping COC syringes with analog feature labels. Two pharmaceutical packaging companies have launched RFID-labeled syringes and digitized prefilled syringes.

In December 2022, Berry Global Group, Inc. signed an agreement with Repsol to supply circular resins. This is primarily for food and healthcare packaging applications. This is considered an important step toward the advancement of sterile medical packaging market.

In February 2024, Spectrum announced plans to expand its facility in Costa Rica, including sterile DuPont Tyvek medical packaging capabilities and enhancing its medical tubing operations. The aim of expanding the Heredia plant from 36,000 square feet to 52,000 square feet is to increase capacity and speed up the delivery of services.

Sterile Medical Packaging Market Segmentation

Sterile Medical Packaging Type Outlook

• Thermoform Trays


• Flexible Pouches


• Bottles


• Others

Sterile Medical Packaging Material Outlook

• Glass


• Plastic


• Metal


• Others

Sterile Medical Packaging End-User Outlook

• Surgical Instruments


• Pharmaceuticals


• Others

Sterile Medical Packaging Sterilization Method Outlook

• Chemical


• Radiation


• Others

Sterile Medical Packaging Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America