Medical Devices Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

The medical devices packaging market was valued at USD 29.32 billion in 2020 and expected to reach USD 41.91 billion by 2026 and grow at a CAGR of 6.13% over the forecast period (2021-2026). The healthcare industry has evolved from its erstwhile traditional form of practices to the current position, where high-tech equipment and instruments are being deployed to improve efficiency. These developments have been providing scope for the expansion of medical appliances and other medical devices, driving the growth of the market studied.

• Medical device packaging provides a sterile environment for the contents within, and the sterility needs to be preserved until the package is opened for use. All the interfering procedures involve contact between a medical device or surgical instrument and a patient's sterile tissue or mucous membranes. A significant risk of all such methods is the introduction of pathogenic microbes that could cause an infection. Failure to disinfect or sterilize reusable medical equipment carries a risk associated with a breach of the host barriers. Therefore, the level of disinfection or sterilization on the intended use of the object is an essential aspect of the usage of medical devices.
• With this trend of sterile instruments expanding rapidly, the market is being driven by the increasing number of hospitals, therapeutic equipment manufacturers, and diagnostic centers. Manufacturers are required to address these changes through constant innovations in packaging designs with changing end-user requirements and innovations in medical devices. The growing demand for tamper-proof, non-reactive, and sterile packaged products is driving technological advancements in the medical device's packaging market.
• New companies in the market studied are innovating in terms of economical ways and smart labeling of medical devices. For instance, CleanCut Technologies' Vault packaging system for devices is well suited for tray-style packaging. What such technologies imply for packaging companies is that they can use the same methods with a few modifications for similar medical devices, thus reducing their validation time and ultimately achieving smaller batch packages, in line with customer requirements. Counterfeiting, an evident problem in medical devices, is expected to promote the usage of NFC and RFID tags on the packaging materials.
• Also, as COVID -19 cases continue to rise in parts of the United States, the country is still struggling to secure the volume of PPE necessary to keep up with the spread of the virus. To help arm frontline workers, in May 2020, BIC North America announced to produce 2,000 medical-grade face shields every day at its factory in Milford. The face shields, approved by the FDA along with Level 1 medical devices, are all made of materials typically used in packaging (plastic) or would otherwise be scrap from materials used in the lighters. Besides, the shields are designed so the plastic can be removed and sterilized by the hospitals, rather than disposed of.

Scope of the Report

The medical devices packaging market is growing as the healthcare industry has witnessed rapid changes over time with the outbreak of new diseases, growth in regulatory norms, and growth in advanced healthcare systems. This has resulted in the implementation of a standardized packaging process where flexible packaging demand is growing in sterile and non-sterile packaging applications.

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Key Market Trends

Pouches is Expected to Hold Major Share

• Pouches are widely used containers for small- to medium-sized soft and semi-soft medical goods sold in unit quantities and are not vulnerable to damage during shipment and storage. Pouches' specific applications include intravenous (IV) catheters, IV administration sets, dialysis disconnect caps, wound dressings, small surgical instruments, diagnostic test packs, sutures, and dental supplies. Many films are used in medical device packaging applications. These materials offer a high degree of versatility and are available in a variety of forms in mono films, laminations, and coextrusions.
• Pouches have been manufactured from laminated paper with polyolefin layers. Uncoated nonwoven polyolefin materials for use in the manufacture of heat-sealable pouches are highly being used. Applications, such as the sterilization method (e.g., the material must tolerate high temperature) and protection requirements (e.g., high puncture resistance), are some features that cater to the demand. Further, selecting the appropriate pouch size prevents the overloading of instruments and allows penetration of the sterilant with adequate air removal and less puncture or tearing.
• Also, the partnerships and contracts to improve the product quality of pouches significantly cater to market growth. In July 2019, Diener Implants GmbH, a contract manufacturer for medical devices, announced its strategic partnership with 3dpac by Steripac, a German specialist for medical device packaging, to offer implants sterile packed to its customers. The 3dpac is a proprietary blister system developed by Steripac that ensures the optimal position fixation of sensitive products like 3 D printed implants within the sterile barrier. This provides flexibility and solves the typical problems of standard blister and pouch packaging of different geometries and sizes, like spinal fusion cages.
• Moreover, growth in the demand for pouches is expected to result from expanding applications in the unit -of -use packaging of small - to medium-sized medical instruments, appliances, and supplies. The expanding use in the secondary packaging of diagnostic test packs, prefilled inhalers and syringes, and surgical and dental trays are also expected to influence the demand for pouches. However, competition from lower-cost boxes will hold down the overall demand for pouches. Moreover, poor adaptability to rigid devices vulnerable to breakage and large multiple item kits will preclude medical device pouches from penetrating a number of the high value-added applications.

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