Market Size of MEA Medical Devices Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.80 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Medical Devices Packaging Market Analysis
The Middle East and Africa Medical Devices Packaging Market is expected to grow at a CAGR of 4.8% during the forecast period 2021-2026. Medical packaging is commonly used for packaging medical devices, equipment, implants, and medications. Consequently, medical device packaging is in high demand due to the rising need for surgical implants and tools, electro-medical equipment, medical supplies, irradiation apparatuses, in-vitro diagnostic equipment and reagents, and dentistry goods.
- The Middle East and Africa healthcare industry is seeing an increase in demand for sterile medical packaging. Plastics, paper & paperboard have several advantages, including recyclability, low weight, and durability. Sterile medical packaging also protects against environmental damage, such as moisture during transit, which has led to an increase in demand from the medical industry.
- The medical packaging market in this area is projected to be led by plastic-based medical packaging. This expansion can be due to its high consumption and rising end-user demand. In the medical device packaging industry, plastic polymers such as polyester, HDPE, and polypropylene are widely utilized to produce vials and ampoules, bottles, and pre-filled syringes.
- The pouches and bags category is likely to have the most significant share. They are capable of packing tiny, medium, and significant medical items. Medical gadgets are easy to store and handle,owing to their compact size and high product-to-package ratio. When made from suitable materials like PET and LLDPE, pouches and bags may protect gadgets from moisture, light, and gases.
- COVID-19 has increased demand for medical equipment such as respirators, ventilators, oximeters, and other medical devices that aid in treating respiratory diseases. As a result, the market will continue to rise as more medical equipment is used, necessitating packaging.
