Stratview Research delivers key insights into the global Healthcare Packaging Market. According to Stratview Research, the market is segmented by End-Use Type (Pharmaceutical, Medical Devices), by Product Type (Bottles and Containers, Vials and Ampoules, Cartridges and Syringes, Pouch and Bags, Blister Packs, Tubes, Paper Board Boxes, Caps and Closures, Labels, and Others), by Material Type (Glass, Plastic, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

The report suggests that the overall healthcare packaging market is likely to witness a CAGR of 6.4% during the forecast period.

Market Segments' Analysis

Based on the product type, the market is segmented as bottles and containers, vials & ampoules, cartridges and syringes, pouch and bags, blister packs, tubes, paper board boxes, caps and closures, labels, and others. Blister pack is expected to witness the fastest growth in the market owing to its excellent properties such as protection from moisture and wide range of applications.

Based on the end-use type, the healthcare packaging market is segmented as pharmaceuticals and medical devices. The pharmaceuticals segment is expected to remain the larger end-use type of the market owing to the increasing product range, rapidly growing healthcare infrastructure, and stringent regulations from governing bodies.

In terms of regions, North America is estimated to be the largest market for healthcare packaging during the forecast period. The USA is the largest market for healthcare packaging in the region. Established healthcare infrastructure, the presence of a large number of players, significant investment towards R&D, and an aging population are some of the major factors driving the growth of the market in the USA. Europe and Asia-Pacific are also expected to witness a healthy demand for healthcare packaging owing to the rising elderly population, economic development in the region, increasing per capita income in emerging economies, and improving healthcare infrastructure.

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