August 2024 | Report Format: Electronic (PDF)

The global sterile medical packaging market is anticipated to reach USD 111.98 million by 2030, exhibiting a CAGR of 11% during the forecast period, according to a new report by Grand View Research, Inc. Several factors drive the development of the market. The rising demand for pharmaceuticals and biologics, particularly due to advancements in healthcare, necessitates stringent sterile packaging to ensure product safety and efficacy. Moreover, the growing geriatric population more vulnerable to chronic diseases, fuels the need for various sterile medical devices and medications, further propelling the market.

Sterile Medical Packaging Market size and growth rate, 2024 - 2030

Additionally, the increasing focus on preventing hospital-acquired infections and the growing preference for single-use medical products play a significant role. Furthermore, rising environmental concerns are pushing the development of sustainable and eco-friendly sterile packaging solutions, creating new avenues for market expansion. Overall, aforementioned factors are expected to boost the growth of the market in coming years.

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Sterile Medical Packaging Market Report Highlights
Plastic dominated the material segment with more than 45% share in 2023. Increasing demand for convenience, lightweight, and travel-friendly packaged pharmaceutical products from the pharmaceutical industry is expected to augment the growth of the plastic & polymers material segment in the coming years.

Thermoform trays dominated the product segment owing to the growing demand for single-use medical devices and the increasing emphasis on infection control in healthcare are major drivers fueling the adoption of thermoform trays in the sterile medical packaging market.

Chemical Sterilization dominated sterilization method segment and accounted for a revenue share of 45% in 2023. The chemical sterilization method is expected to play a significant role in the growth of the Sterile Medical Packaging Market, driven by its effectiveness in countering microorganisms and its wide range of applications in the healthcare industry.

Pharmaceutical & Biologics dominated the application segment in terms of revenue, accounting for a market share of more than 31% in 2023. The Pharmaceutical & Biologics segment is a significant and growing part of the Sterile Medical Packaging Market. This segment is expected to continue to dominate the market due to the increasing demand for safe and effective medical treatments.

North America dominated the market owing to rising pharmaceutical consumption in the region

Sterile Medical Packaging Market Segmentation
Grand View Research has segmented the global sterile medical packaging market based on material, product, sterilization method, application, and region:

Sterile Medical Packaging Material Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

Plastics

High density polyethylene

Polyester

Polypropylene

Polyvinyl chloride

Polycarbonate

Polystyrene

Others

Glass

Metal

Aluminum Foil

Stainless Steel

Paper & Paperboard

Others

Sterile Medical Packaging Product Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

Thermoform Trays

Sterile Bottles & Containers

Sterile Closures

Pre-fillable Inhalers

Pre-fillable Syringes

Vials & Ampoules

Blisters & Clamshells

Bags & Pouches

Wraps

Others

Sterile Medical Packaging Method Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

Chemical Sterilization

Ethylene Oxide (ETO)

Hydrogen Peroxide

Others

Radiation Sterilization

Gamma Radiation

E-beam

Others

High Temperature/Pressure Sterilization

Steam Autoclave

Dry Heat

Sterile Medical Packaging Application Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

Pharmaceutical & Biologics

Surgical & Medical Instruments

In-vitro Diagnostics Products

Medical Implants

Other applications

Sterile Medical Packaging Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Asia Pacific

China

India

Japan

South Korea

Australia

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

UAE

South Africa

List of Key Players in the Sterile Medical Packaging Market

DuPont De Numors Inc.

Amcor Plc

Berry Global Inc.

Sonoco Products Company

West Pharmaceutical Services, Inc.

Billerud AB

SteriPack Group

Wipak Oy

Placon Corporation

Riverside Medical Packaging Co., Ltd.

Oracle Packaging

Nelipak Corporation

Oliver Healthcare Packaging Company

Orchid Mps Holdings, Llc

Technipaq Inc.

Multivac Sepp Haggenmüller Se & Co. Kg

Janco, Inc.

Eagle Flexible Packaging

Proampac Holdings, Inc.

Selenium Medical

PPC Flexible Packaging LLC

Paxxus, Inc.

Printpack, Inc.

Beacon Converters, Inc.

S.P. Enterprises

Shanghai Jianzhong Medical Packaging Co., Ltd.

Sterilmedipac

Cretex Medical