Dublin, Dec. 10, 2020 (GLOBE NEWSWIRE) -- The "Medical Implants Sterile Packaging - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Medical Implants Sterile Packaging Market to Reach $2.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Medical Implants Sterile Packaging estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.5 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027.
Blisters, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$439.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Clamshells segment is readjusted to a revised 5% CAGR for the next 7-year period.
The U. S. Market is Estimated at $525.4 Million, While China is Forecast to Grow at 4.7% CAGR
The Medical Implants Sterile Packaging market in the U. S. is estimated at US$525.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$444.6 Million by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
Pouches & Bags Segment to Record 5.5% CAGR
In the global Pouches & Bags segment, USA, Canada, Japan, China and Europe will drive the 5.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$219 Million in the year 2020 will reach a projected size of US$319.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$289.2 Million by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Bemis Co., Inc.
- Janco Inc.
- MULTIVAC Sepp Haggenmuller SE & Co. KG
- Oliver Healthcare Packaging
- Orchid Orthopedic Solutions
- Sealed Air Corporation
- Steripack Contract Manufacturing
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Medical Implants Sterile Packaging Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Medical Implants Sterile Packaging Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- Blisters (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- Clamshells (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- Pouches & Bags (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- Tubes (Product Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- Vials (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- Other Product Types (Product Type) Market Percentage Share Distribution by Region/Country: 2012 VS 2020 VS 2027
- Plastic (Material) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- Paper (Material) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- Foil (Material) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- Other Materials (Material) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- Cardiovascular Implants (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Dental Implants (Application) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
- Extremity Braces & Support (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Reconstructive Joint Implants (Application) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
- Spinal Implants (Application) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- Other Applications (Application) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 41
For more information about this report visit https://www.researchandmarkets.com/r/1aujq2
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