Definition of Market/Industry:

Medical implants sterile packaging is mainly done to prevent the contamination in the medical products and destroy the microorganism. It is an advanced approach that eradicates the transmission of microbial agents and viruses that can spread various diseases. Medical implants sterile packaging undergo various stages of testing and then approved for the marketing and it is important for the development of medical implants. The packaging protects the medical devices from damages and pathogens during transportation.

Statistics:

The global medical implants sterile packaging market was valued at US$ 1,632.2 Mn in terms of value and 7,665.8 Thousand Units in terms of volume by the end of 2018.

Drivers:

Increasing expenditure on healthcare for enhancing the facilities is projected to boost market growth. According to Deloitte Touche Tohmatsu Limited, with global health care spending expected to rise at a CAGR of 5 percent in 2019-23, it will likely to present many opportunities for the sector. According to the nonpartisan The US spent $3.5 trillion on healthcare in 2017 and Out of $3.5 trillion spent on healthcare in 2017, $1.5 trillion was paid by the federal government.

The advent of advanced technology in the packaging and design of medical devices is expected to fuel market growth. For instance, in December 2019, Covestro launches packaging with implants in mind. Makrofol MA507 polycarbonate film is highly transparent so the physician can reliably visually inspect the implant before unpacking it. It also provides stable protection for the product itself. Also, strict government rules and regulation is also projected to propel the market growth.

Statistics:

North America region dominated the global xyz market in 2018, accounting for 37.6% share in terms of volume, followed by Western Europe and Asia Pacific, respectively

Figure 1: Global Medical Implants Sterile Packaging Market Share, By Region, 2018

Medical Implants Sterile Packaging  | Coherent Market Insights

Market Restraints

The rise in product recall is projected to hamper market growth. Additionally, the recall associated lawsuits have criticized orthopedic device manufacture to loss of credibility in the minds of customers. For instance, in March 2019, FDA has reported a total of 29 medical device recalls so far this year, of which seven were reported in July. As of this time last year, the agency had only reported 14 medical device recalls, so device recalls do appear to be on the rise in the United States.

The high cost of the medical implant sterile packaging is expected to restrict market growth. Various companies are focussing on increasing the R &D activities in order to reduce the price of the overall product which and intensifying the health cost can lead to intense competition in the market and weaken the overall production cost. This factor is expected to hamper the market growth.

Market Opportunities

Rising Demand for the low-cost product due to increasing pressure on the healthcare sector to decrease the cost and improve quality have fostered the opportunities for cheaper products with quality and efficiency. Moreover rising approval by FDA for generic implants has also encouraged manufacturers to gain exponential growth in demand and sales of generic trauma implants such as plates, screws, and nails. Therefore, rising demand for low-cost packaging among device manufacturers is propelling the market growth of medical implant sterile packaging

The growing use of the disposable device over reusable due to rising patients' awareness regarding hygiene and strict rules imposed on this device manufacturers expected to foster the market growth. Moreover, over the last few years, the cases on the infection have been increased drastically due to the contamination of micro bacterial from the used device which has led the regulatory body to improve and promote the sale of disposable devices rather than reusing the same. This is expected to augment the market growth.

Figure 2. Global Medical Implants Sterile Packaging Market - Opportunity Analysis

Medical Implants Sterile Packaging  | Coherent Market Insights

Statistics:

By Material Type, plastic segment in the global medical implants sterile packaging market was valued at 887.3 Mn market in 2018 and is forecast to reach a value of US$ 1,648.3 by 2027.

Market Trends/Key Takeaways

Rising Sterilization by using nitrogen dioxide gas benefits parenteral drugs in North America is a major trend that has been observed in the market. Nitrogen dioxide gas offer producer of parenteral drug products sterilizing the surface of single-dose containers with a true means of room- temperature sterilization. Therefore, the rising trend of using nitrogen dioxide for sterilizing medical devices is expected to foster market growth.

Improving the device's sterilization methods and testing procedure is expected to augment the market growth. Over the recent few years, advancement in sterilization technology has been drastically changing the outlook of the healthcare sector. The various standard has been addressing pertaining to packaging testing and sterilization. For instance, in June 2015, shipping and distribution testing is updating its vibration sequencing to more accurately mimic real-world condition rather than the excessive cycle than currently required

Figure 3. Global Medical Implants Sterile Packaging Market Share, By Material Type, 2018

Medical Implants Sterile Packaging  | Coherent Market Insights

Competitive Section:

Oliver Tolas, Bemis Company, Inc, Steripack Contract Manufacturing, Orchid Orthopedic Solutions LLC, Multivac Group., Janco Inc, and Sealed Air Corporation

Few Recent Developments

Oliver Tolas

Key Developments:

  • In May 2016, the company acquired Mangar medical packaging, a leading healthcare medical packaging company
  • In Feb 2016 The company has expanded its adhesive coating operation in Hamilton which includes an additional high-speed coating line for manufacture the sterile grade packaging

Medical implant sterile packaging offer bacteria-free instruments for further use in the healthcare sector. It offers an aseptic presentation at the time of use and provides a sterile barrier for improving the efficiency and reliability of the procedure and the handling the packaging product. Medical implants sterile packaging undergo various stages of testing and then approved for the marketing and it is important for the development of medical implants. The packaging protects the medical devices from damages and pathogens during transportation.

Market Dynamics

Based on product type, medical implants sterile packaging market is segregated into pouch and bags, clamshell, blister, tubes, vials, and other segments. Wherein, pouches and bags segment accounted for the largest market share in terms of the revenue in 2018, and contributed for 53.3% in the same year.

On the basis of region, North America accounted for the largest revenue share in 2018 and contributed for the revenue share of 37.9% in 2018. The regional growth is driven by the strict rules and regulations by the FDA against the use of sterile packaging for the implants.

Key features of the study:

  • This report provides in-depth analysis of medical implants sterile packaging and provides market size (US$ Million and Units) and cumulative annual growth rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global medical implants sterile packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Oliver Tolas, Bemis Company, Inc, Steripack Contract Manufacturing, Orchid Orthopedic Solutions LLC, Multivac Group., Janco Inc, and Sealed Air Corporation
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up gradation, market expansion, and marketing tactics
  • The global medical implants sterile packaging market report caters to various stakeholders in this industry including investors, suppliers, medical implants sterile packaging manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the medical implants sterile packaging market

Detailed Segmentation:

  • Global Medical Implants Sterile Packaging Market, By Product Type:
    • Pouch and Bags
    • Clamshell
    • Blister
    • Tubes
    • Vials
    • Others (Boxes)
  • Global Medical Implants Sterile Packaging Market, By Material Type:
    • Plastic
    • Paper
    • Foil
    • Glass
  • Global Medical Implants Sterile Packaging Market, By Application:
    • Spinal Implants
    • Reconstructive Joints
      • Hip Joints
      • Knee Joints
      • Elbow Joints
      • Other Small Joints
    • Extremity Braces and Support
      • Knee
      • Elbow
      • Wrist
      • Hand
      • Foot / Ankle
    • Dental Implants
    • Cardiovascular Implants
    • Other Implants
  • Global Medical Implants Sterile Packaging Market, By Geography:
    • North America
      • U.S.
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Canada
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
    • Latin America
      • Brazil
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Argentina
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Mexico
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Rest of Latin America
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
    • Europe
      • U.K.
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Germany
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Italy
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • France
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Russia
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Spain
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Poland
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Rest of Europe
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
    • Asia Pacific
      • China
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • India
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • ASEAN
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Japan
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Australia & New Zealand
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Rest of Asia Pacific
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
    • Middle East & Africa
      • GCC
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • North Africa
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • South Africa
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
      • Rest of Middle East & Africa
        • By Product Form:
          • Powder
          • Liquid
        • By Application:
          • Food Supplements
          • Beverages
          • Confectionery Products
          • Snacks
          • Bakery Preservation
          • Meat Preservation
          • Others
  • Company Profiles
    • Oliver Tolas*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Bemis Company, Inc.
    • Steripack Contract Manufacturing
    • Orchid Orthopedic Solutions LLC
    • Multivac Group
    • Janco Inc.
    • Sealed Air Corporation

“*” marked represents similar segmentation in other categories in the respective section.

Table of Content

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Material Type
      • Market Snippet, By Geography
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Key Highlights
    • Industry Trend
    • Pricing Analysis
    • Reimbursement Scenario
    • Mergers and Acquisitions
    • PEST Analysis
  4.  Global Medical Implants Sterile Packaging Market, By Product Type, 2017 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2015 - 2025
      • Segment Trends
    • Clamshels
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Pouches and Bags
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Blisters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Tubes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Vials
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
  5.  Global Medical Implants Sterile Packaging Market, By Application, 2017 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2015 - 2025
      • Segment Trends
    • Spinal Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Reconstructive Joint Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
        • Hip Joints
        • Knee Joints
        • Elbow Joints
        • Others
    • Extremity Braces and Support
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
        • Knee
        • Foot/Ankle
        • Hand
        • Elbow/Wrist
    • Dental Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Cardiovascular Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
  6. Global Medical Implants Sterile Packaging Market, By Material Type, 2017 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2015 - 2025
      • Segment Trends
    • Plastic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Paper
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Foils
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth , 2015 - 2025, (US$ Million)
  7.  Global Medical Implants Sterile Packaging Market, By Geography, 2017 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, For Regions, 2015 - 2025
    • North America
      • Market Size and Forecast, By Product Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2025, (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2025, (US$ Mn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2025, (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of APAC
    • Latin America
      • Market Size and Forecast, By Product Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2025, (US$ Mn)
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East
      • Market Size and Forecast, By Product Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2025, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2017 - 2025, (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2025, (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
  8. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Sealed Air Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Orchid Orthopedic Solutions LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Selenium Medical
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Bemis Healthcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Janco Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Multivac Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Oliver-Tolas Healthcare Packaging
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Steripack Contract Manufacturing
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

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