MUMBAI, December 20, 2017 /PRNewswire/ --
The Healthcare Packaging Market to 2028 offers comprehensive analysis of the global healthcare packaging market. Bharat Book Bureau announces the addition of the report "The Healthcare Packaging Market to 2028" to its offering.
The global pharmaceutical and medical devices market are a combined $1.2 trillion market; the prime requisite in transport and delivery of drugs or medical devices is - packaging. Packaging thus comprises 6% to 10% of the total sales of the healthcare (pharmaceutical and medical devices) market. Both of these markets are forecast to grow in the region of 4% CAGR across 2018-2028. The Healthcare Packaging market value reached $110 billion in 2017 and is estimated to grow in the region of 8% CAGR from 2018 - 2028, which indicates the economic significance of the Healthcare Packaging market.
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In the modern age tablets/capsules/liquids are packaged in small glass or plastic bottles, blister packs or in large volume glass bottles. With the commercialisation of Biologics/Biosimilars; with the change in disease pattern globally from infectious to Non-Communicable Diseases (NCDs), and the rise in selfadministered drugs, especially in the home-healthcare management of NCDs such as Diabetes, Autoimmune Diseases, Deep Vein Thrombosis, Biologics and Vaccinations - packaging such as prefilled syringes, inhalers, ampoules, and vials are witnessing an increased demand. Trends such as telemedicine and 'Point-Of-Care' diagnostics, calls for the suitable transport and distribution of such diagnostic aids - the 'Point-Of-Care' diagnostics (along with other medical devices such as Implants) are appropriately packaged and transported in thermoformed containers, hence the demand for clamshell packs and thermoformed trays.
Read on to discover the most lucrative areas in the industry and the future market prospects.
In this brand new 98-page report you will receive over 50 tables & figures - all unavailable elsewhere. By ordering and reading our brand new report today you stay better informed and ready to act.
Healthcare Packaging Market Drivers include:
Non-Adherence driven development - compliance packaging / Track & Trace
Growing OTC sector
Increasing purchasing power parity of consumers
Increasing global NCD population
Infrastructural Challenges - distribution networks
Generic Medicine growth - Expert Opinion
The Healthcare Packaging Market to 2028, also benefits from 3 exclusive interviews with representatives from;
Key Companies Covered:
Bemis Healthcare Packaging
Becton Dickinson & Co
West Pharmaceutical Services, Inc.
These leading, in the field, experts offer exclusive insight into the Healthcare Packaging sector; how they see the market currently, which geographical areas will witness growth and which sub sectors face perhaps face an uncertain growth trajectory.
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SOURCE Bharat Book Bureau