North America Medical Devices Packaging Market Size (2024 - 2029)

North America Medical Devices Packaging Market Analysis

The NA Medical Devices Packaging Market size is estimated at USD 15.5 billion in 2024, and is expected to reach USD 19.36 billion by 2029, growing at a CAGR of 4.54% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 1.47 million tonnes in 2024 to 1.82 million tonnes by 2029, at a CAGR of 4.34% during the forecast period (2024-2029).

The medical technology sector stands out as a beacon of success in United States manufacturing, blending swift innovation with precise product development and global distribution. Offerings span cutting-edge tools like nanotechnology and advanced imaging to everyday essentials like bandages and thermometers.

The rising prevalence of eye conditions like cataracts, glaucoma, and age-related macular degeneration fuels the demand for ophthalmic products. Consequently, there is a growing need for specialized packaging to ensure the safety and efficacy of these products.

Additionally, the increase in cosmetic surgical procedures in the United States contributes to the rising demand for medical device packaging. As more individuals opt for cosmetic enhancements, the need for packaging solutions that cater to these specialized devices grows.

• The rising number of surgeries in North America is driving a significant increase in the demand for medical device packaging products. As the volume of elective and non-elective procedures increases, there is a corresponding need for high-quality packaging solutions to ensure the sterility and safety of surgical instruments. This trend is particularly noticeable among older adults, who are not catching up on elective procedures like hip and knee replacements that were postponed during the pandemic. The pent-up demand for elective procedures will likely continue fueling growth for medical device manufacturers, especially those producing automated equipment.
• The medical device packaging sector is experiencing a surge in growth, primarily fueled by the escalating demand for single-use medical devices. This heightened demand directly responds to the growing emphasis on infection control, with single-use devices significantly mitigating the risk of cross-contamination among patients. As healthcare institutions increasingly prioritize patient safety, the necessity for dependable, sterile packaging solutions has risen sharply, catalyzing a pronounced expansion within the packaging industry.
• The cost of packaging materials is a significant component of overall expenses. Opting for the right materials is paramount to safeguarding the integrity of medical devices. Common options range from plastics, glass, and aluminum to Tyvek and paper-based materials, each with distinct pros and cons based on the product's requirements. Technological advancements have ushered in diverse packaging solutions, including blister packs, ready-to-use packaging, and trays. While these innovations promise enhanced safety, they often necessitate specialized equipment or processes, potentially elevating costs.

North America Medical Devices Packaging Industry Segmentation

Medical device packaging is a packaging solution used to pack and protect any instrument, apparatus, implement, machine, appliance, implant, reagent, or other similar or related article intended by the manufacturer to be used alone or in combination for a medical purpose.

North America’s medical devices packaging market is segmented by product type (sterile packaging [thermoform trays, sterile bottles and containers, pouches and bags, wraps and films, and other sterile packaging], non-sterile packaging [paperboard boxes, plastic trays, shrink and stretch films, bubble wraps, and other non-sterile packaging], material type (plastic, paper and paperboard, and other material types), application (diagnostic substances, surgical and medical instruments, surgical appliances and supplies, dental equipment and supplies, ophthalmic goods, other applications), country (United States, Canada, and Mexico). The report offers market forecasts and size in value (USD) and volume (tonnes) for all the above segments.