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  • Published On : Nov 2022
  • Code : CMI5327
  • Industry : Packaging
  • Pages : 162
  • Formats :

The global sterile medical packaging market size was valued at USD 47.97 Bn in 2021 and is anticipated to witness a compound annual growth rate (CAGR) of 9.86% from 2022 to 2030. The increasing occurrence of infectious diseases globally is driving the demand for sterile medical packaging. The products ensure that patients do not come into contact with contaminated devices. The packaging helps prevent infectious diseases from spreading and causing serious health complications. Infectious diseases are often transmitted from human to human or from animal to human. The growth of sterile medical packaging is anticipated to continue in the coming years. Several market players are focusing on safer methods of sterilization. Before packaging, the products undergo a sterilization process. This involves installing technical HEPA filters and HVAC systems to ensure that the product is sterile.

Global Sterile Medical Packaging Market: Regional Insights

Regionally, North America is projected to dominate the global sterile medical packaging market over the forecast period owing to the increasing aging population, growing healthcare spending capacity, availability of advanced medical delivery systems, and aggregate gross domestic product (GDP) levels. Moreover, increasing investment by key players in sterile medical packaging is again projected to fuel regional market growth. For instance, in May 2020, packaging compliance labs LLC announced to invest USD 2.57 million to expand its headquarters in the greater Grand Rapids area. The sterile packaging for medical devices, engineering, and testing firm were awarded a USD 135,000 jobs ready Michigan grant from the Michigan strategic fund for the project. With the expansion of the packaging company, this significantly contributes to the regional market growth.

At the same time, Asia Pacific is projected to witness fastest growth in the global market over the forecast period owing to the expanding pharmaceutical industry in countries such as India and China. The market is predicted to rise thrice in the next decade, according to the Indian Economic Survey 2021. In 2021, India's domestic pharmaceutical market is expected to be worth USD 42 billion, rising to USD 65 billion by 2024 and USD 120- 130 billion by 2030.

Figure 1. Global Sterile Medical Packaging Market Share (%), By Region, 2021

Sterile Medical Packaging  | Coherent Market Insights

Global Sterile Medical Packaging Market Drivers:

Strict regulation regarding the control of infection is primarily fueling growth of the sterile medical packaging market. For instance, The International Health Regulations (IHR) positioned infection prevention and control (IPC) as an important strategy for dealing with international concern public health threats. More recently, the United Nations Sustainable Development Goals (SDG) highlighted the importance of IPC as a contributor to safe, effective, high-quality health service delivery, in particular those related to water, sanitation, and hygiene (WASH) and quality and universal health coverage.

Growing utilization of pharmaceutical sector capacity is again propelling growth of the market. For instance, according to the Times of India Report, in 2020, units in the pharmaceutical industry were operating at 50-60% capacity at the end of the third phase of the lockdown in India. The GSK Company stated that its Nashik factory was operating at 100% capacity, with its contract manufacturing factories operating at 60-65% capacity in May 2020 up from 30-35% from a few weeks ago.

Global Sterile Medical Packaging Market Opportunities:

Growing demand for glass vials, ampoules and containers is encouraging key manufacturer to expand production of such packaging material. This is expected to offer expansion opportunities for key players in the market. For instance, in August 2019, Arglass Yamamura LLC from Japan has announced that the company is building a manufacturing plant in South Georgia worth estimated to USD 123 million. Moreover, outbreak of Covid-19 pandemic had opened the opportunities for new innovation.

Rising environmental concern is driving demand for biodegradable packaging solutions for medical devices. In response to this, the HyperBioCoat project, which was supported by the European Union, created new biodegradable hybrid organic-inorganic coatings for food, cosmetics, and medical device packaging.  By incorporating biopolymers with the material class of bioORMOCERs, a coating material based on biopolymers was derived from lignocellulosic biomass. The Fraunhofer Institute for Silicate Research produced the bioORMOCER coatings, which are bio-based and biodegradable. Development of such biodegradable packaging solutions will provide profitable market opportunities in the near future.

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Sterile Medical Packaging Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 47.97 Bn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 9.86% 2030 Value Projection: US$ US$ 91 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Material Type: Plastics-PP, Polyester, PS, PVC, HDPE, etc., Paper and Paperboard, Glass, Other Types
  • By Product Type: Thermoform Trays, Sterile Bottles and Containers, Pouches and Bags, Blister Packs, Vials and Ampoules, Pre-filled Syringes, Wraps
  • By Application Type: Pharmaceuticals, Surgical and Medical Appliances, IVD, Other Applications
Companies covered:

Amcor PLC, Dupont De Nemours Inc., Steripack Ltd, Wipak Group, Placon Corporation, Riverside Medical Packaging Company Ltd, Tekni-Plex Inc., BillerudKorsnäs AB, Sonoco Products Company, DWK Life Sciences GmbH, Technipaq Inc., 3M Co. (3M Packaging), and Nelipak Healthcare

Growth Drivers:
  • Strict regulation regarding the control of infection
  • Growing utilization of pharmaceutical sector capacity
Restraints & Challenges:
  • Challenges associated with maintaining medical packaging integrity
  • Environmental concern regarding the use of plastic for packaging of medical

Global Sterile Medical Packaging Market Trends:

Recent technologies such as Blow-fill-seal technology is gaining traction in the market as it offers unique combination of flexibility in packaging design, high degree of sterility assurance, and low operating cost. This technology has also gained attention on the account of increasing demand for proteins, biologics, and other complex solutions.

Various key players are adopting partnership and agreement in order to increase the capacity for sterile manufacturing and packaging of COVID-19 vaccine. This factor is acting as a trend in the market. For instance, in March 2021, Catalent expanded its partnership with Johnson & Johnson to significantly increase capacity for sterile manufacturing and packaging of COVID-19 vaccine in Italy. Companies of Johnson & Johnson, whereby Catalent Biologics will significantly increase the manufacturing capacity for large-scale commercial supply of Janssen’s COVID-19 vaccine at Catalent’s manufacturing facility in Anagni, Italy, including vial-filling, inspection, labeling, and packaging services.

Global Sterile Medical Packaging Market Restraints:

Challenges associated with maintaining medical packaging integrity is a prime factor restricting the market growth to some extent.

Growing environmental concern regarding the use of plastic for packaging of medical is another key factor projected to hamper the market growth. PVC (vinyl) has been widely used in the medical field for more than 50 years. Moreover, plastics are also subjected to strict testing to ensure their safety and compatibility for the intended usage.                                     

Figure 2. Global Sterile Medical Packaging Market Share (%) in terms of Values, By Material Type 2021

Sterile Medical Packaging  | Coherent Market Insights

Global Sterile Medical Packaging Market Segmentation:

The global sterile medical packaging market report is segmented into material type, product type, application type, and geography

Based on material type, the market is segmented into Plastics, Paper and Paperboard, Glass, and Other Types. Out of which, Plastics is expected to dominate the global market over the forecast period and this is attributed to the growing use of plastic in manufacturing IV tubing and blood bags. PVC is the most common plastic used in the medical industry for packaging of device and drugs.

Glass segment is also expected to witness significant growth in the near future as it is the most common packaging material used in packaging of drugs and other pharmaceutical formulation. Moreover, glass does not leak which can prevent contamination of pharmaceutical items.

Based on product type, the market is segmented into Thermoform Trays, Sterile Bottles and Containers, Pouches and Bags, Blister Packs, Vials and Ampoules, Pre-filled Syringes, and Wraps. Out of which, Thermoform Trays is expected to dominate the global market over the forecast period and this is attributed to the versatile and easy to transport property as they are low-weight.  They are produced from plastic and also comes in variety of shapes and sizes.

Sterile Bottles and Containers segment is also expected to witness significant growth in the near future and this is owing to the high demand for nasal spray bottles, eye drops& eye washes. According to the US Census Data and Simmons National Consumer Survey (NHCS), 117.45 million people used eye drops and eyewash in 2020 compared to 112.87 million people in 2019. This number is expected to grow by the end of 2024, owing to the increasing consumer awareness catering to the benefits of ophthalmic drugs. Furthermore, the demand for nasal spray bottles in the United States is increasing owing to the growing prevalence of sinusitis in the country.

Based on application type, the market is segmented into Pharmaceuticals, Surgical and Medical Appliances. Out of which, Pharmaceuticals is expected to dominate the global market over the forecast period and this is attributed to the expanding pharmaceutical industry worldwide. Rise in prevalence of chronic disease such as cancer, diabetes, and cardiovascular disease is further creating need for processing and packaging solutions.

Surgical and Medical Appliances segment is also expected to witness significant growth in the near future and this is owing to the rise in number of surgical procedures worldwide.

Global Sterile Medical Packaging Market: Key Developments

In February 2020, Amcor announced a partnership with Healthcare Plastics Recycling Council (HPRC), a coalition of industry peers across healthcare, recycling, and waste   management,   seeking   to   enhance recyclability of plastic products within healthcare. Amcor will support the coalition with extensive expertise in packaging design for medical devices and applications in hospitals and other treatment settings. The industry group’s focus is to address all dimensions of the packaging value chain, from packaging design to collection systems and end markets.

In April 2021, Amcor PLC announced the launch of the new AmSky blister system, which eliminates PVC by using a Polyethylene (PE) thermoform blister and lidding film and delivers child-resistant and senior-friendly (CRSF) recyclable solutions for pharmaceutical packaging.

In August 2021, Amcor announced plans to build two new state-of-the-art innovation centers. The new facilities in Ghent, Belgium, and Jiangyin, China are expected to be operational by mid- 2022, with full build-out over the next two years. The total investment is expected to be approximately USD 35 million.

In December 2021, BillerudKorsnäs announced a merger agreement with Verso Corporation. The company agreed to acquire Verso, a prominent producer of coated papers in North America, for a purchase price of USD 825 million in cash.

Global Sterile Medical Packaging Market: Key Companies Insights

The global sterile medical packaging market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global sterile medical packaging market are Amcor PLC, Dupont De Nemours Inc., Steripack Ltd, Wipak Group, Placon Corporation, Riverside Medical Packaging Company Ltd, Tekni-Plex Inc., BillerudKorsnäs AB, Sonoco Products Company, DWK Life Sciences GmbH, Technipaq Inc., 3M Co. (3M Packaging), and Nelipak Healthcare

*Definition: Sterile medical packaging is an essential step in the medical industry and is necessary for minimizing the chances of contamination and disease transmission.

Sterile medical packaging (SMP) involves the use of various types of packaging materials to protect and preserve medical devices. These materials allow penetration of the sterilizing agent, which maintains the sterility of the device. They also offer ease of opening and allow aseptic delivery of the product. The types of packaging materials used for sterile medical products include wrapper bags, perforated instrument cassettes, and peel pouches. These materials can be woven or non-woven and must be specially designed to withstand the sterilization process. The material should also meet the specifications of the items being sterilized.

Market Dynamics:

The sterile medical packaging market is driven by stringent regulations to ensure the safety of the products and the efficient packaging of medical products. This market is also gaining high growth due to an increase in surgical procedures that use electrosurgical accessories and prepackaged medical equipment. Moreover, increasing health awareness and growing population are driving growth of the market. Furthermore, several players are entering this industry, creating a competitive environment which is again augmenting market growth.

On the other hand, challenges associated with maintaining medical packaging integrity is projected to hamper market growth.

Key features of the study:

  • This report provides in-depth analysis of the global sterile medical packaging market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global sterile medical packaging market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Amcor PLC, Dupont De Nemours Inc., Steripack Ltd, Wipak Group, Placon Corporation, Riverside Medical Packaging Company Ltd, Tekni-Plex Inc., BillerudKorsnäs AB, Sonoco Products Company, DWK Life Sciences GmbH, Technipaq Inc., 3M Co. (3M Packaging), and Nelipak Healthcare
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global sterile medical packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sterile medical packaging market

Detailed Segmentation:

  • Global Sterile Medical Packaging Market By Material Type
    • Plastics-PP, Polyester, PS, PVC, HDPE, etc.
    • Paper and Paperboard
    • Glass
    • Other Types
  • Global Sterile Medical Packaging Market By Product Type
    • Thermoform Trays
    • Sterile Bottles and Containers
    • Pouches and Bags
    • Blister Packs
    • Vials and Ampoules
    • Pre-filled Syringes
    • Wraps
  • Global Sterile Medical Packaging Market By Application Type
    • Pharmaceuticals
    • Surgical and Medical Appliances
    • IVD
    • Other Applications
  • Global Sterile Medical Packaging Market By Geography; 
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
  • Company Profiles:
    • Amcor PLC
    • Dupont De Nemours Inc.
    • Steripack Ltd
    • Wipak Group
    • Placon Corporation
    • Riverside Medical Packaging Company Ltd
    • Tekni-Plex Inc.
    • BillerudKorsnäs AB
    • Sonoco Products Company
    • DWK Life Sciences GmbH
    • Technipaq Inc.
    • 3M Co. (3M Packaging)
    • Nelipak Healthcare

Frequently Asked Questions

The global sterile medical packaging market size is estimated to be valued at US$ 47.97 Bn in 2021 and is expected to exhibit a CAGR of 9.86% between 2022 and 2030.
Strict regulation regarding the control of infection and growing utilization of pharmaceutical sector capacity are fuelling the market.
The Plastics segment is the leading component segment in the market.
Challenges associated with maintaining medical packaging integrity and environmental concern regarding the use of plastic for packaging of medical are the major factors restraining growth of the market.
Amcor PLC, Dupont De Nemours Inc., Steripack Ltd, Wipak Group, Placon Corporation, Riverside Medical Packaging Company Ltd, Tekni-Plex Inc., BillerudKorsnäs AB, Sonoco Products Company, DWK Life Sciences GmbH, Technipaq Inc., 3M Co. (3M Packaging), and Nelipak Healthcare

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