Sterile Medical Packaging Market Size

Statistics for the 2023 & 2024 Sterile Medical Packaging market size, created by Mordor Intelligence™ Industry Reports. Sterile Medical Packaging size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.


Market Size of Sterile Medical Packaging Industry

Sterile Medical Packaging Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 56.67 Billion
Market Size (2029) USD 85.05 Billion
CAGR (2024 - 2029) 8.46 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Sterile Medical Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Sterile Medical Packaging Market Analysis

The Sterile Medical Packaging Market size is estimated at USD 56.67 billion in 2024, and is expected to reach USD 85.05 billion by 2029, growing at a CAGR of 8.46% during the forecast period (2024-2029).

Sterilization is an important processing step in the healthcare industry. Therefore, sterile packaging products or sterile barrier systems are becoming increasingly important in the industry. Sterile medical packaging is non-reusable and acts as a barrier against microbial infection. Using plastic and paper offers lightweight, recyclability, and durability advantages. 

  • The medical and pharmaceutical industries are experiencing a growing need for packaging to safeguard products from environmental factors like moisture while in transit. Additionally, the rising investments in packaging technologies, including the use of advanced equipment to enhance efficiency, are driving up the demand for packaging solutions that guarantee the integrity and sterility of medical devices and pharmaceuticals.
  • Material advancements in plastics drive the market, using plastics in medical devices and supplies, including personal protective equipment. Plastics are also crucial in essential medical production, packaging, and distribution. Various pharmaceutical and medical device packaging manufacturers are constantly improving their product portfolio by introducing better sterile packaging solutions. 
  • In January 2024, global microbiology solution expert Cherwell announced the launch of the groundbreaking Redipor Beta Bag. This innovative plastic bag for multiple uses has the potential to decrease risk, expenses, and time involved in environmental monitoring (EM) procedures while continuously manufacturing sterile medicinal products. The recently introduced transfer bags have been thoroughly validated and are designed to work seamlessly with 190mm Getinge Alpha Ports commonly found in isolators and RABS systems. This ensures a contamination-free transfer of creditor-plated media, allowing for efficient production and a notable decrease in risk.
  • The over-the-counter (OTC) popularity is growing because of the rising prescription drug costs and increasing concerns over safety. Further, the increase in certain disorders, such as those related to pain, stress, and skin conditions, contributes to the growing consumption of OTC drugs. The demand for OTC drugs will likely increase the demand for sterile packaging across the pharmaceutical industry. 
  • The medical sterile packaging sector doesn’t allow any room chances for contamination and infections. Therefore, the sector is strictly regulated globally to guarantee the safety of products from contamination and tampering and to ensure that vital information regarding dosage, usage, manufacturing, expiration dates, and other details is accurately presented. However, in an industry where patient safety is paramount, following detailed criteria that control the packaging sometimes becomes overly critical. The dynamic nature of packaging regulations makes it challenging for the manufacturers in the industry.
  • The spending on medical and pharmaceuticals has been increasing globally since the post-COVID-19 pandemic, consequently increasing the demand for medical sterile packaging.

Sterile Medical Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)