Europe Medical Devices Packaging Market Size (2024 - 2029)

The Europe Medical Devices Packaging market is experiencing significant growth driven by the expansion of the healthcare industry and the increasing demand for sterile medical devices. This growth is fueled by the rising number of hospitals, diagnostic centers, and therapeutic equipment manufacturers, which necessitate constant innovations in packaging to meet changing end-user requirements. Stringent government regulations and environmental concerns are also influencing the market, prompting the development of biodegradable packaging solutions. The pandemic has further accelerated the demand for medical device packaging, as sterilization becomes crucial in preventing virus transmission.

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Market Size of Europe Medical Devices Packaging Industry

Europe Medical Devices Packaging Market Forecast
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.50 %
Market Concentration Medium

Major Players

Europe Medical Devices Packaging Market Key Players

*Disclaimer: Major Players sorted in no particular order

Europe Medical Devices Packaging Market Analysis

The Europe Medical Devices Packaging was valued at USD 5.8 billion in 2019, and it is projected to reach USD 7.421 billion by 2025, registering a CAGR of 6.5% during the forecast period (2020 - 2025).The healthcare industry in Europe has evolved from its erstwhile traditional form of practice to the current position, where high-tech equipment and instruments are being deployed to improve efficiency. 

  • These developments have been providing scope for the expansion of medical appliances and other medical instruments, thus driving the growth of the medical device segment of the market studied.
  • With the trend of sterile devices in the region is expanding rapidly, the market is being driven by the increasing number of hospitals, therapeutic equipment manufacturers, and diagnostic centers. With changing end-user requirements and innovations in medical devices, manufacturers are required to address these changes through constant innovations in packaging designs.
  • Due to the increasing demand for medical services in countries like the United Kingdom and Germany is expected to experience lucrative growth, as the medical device providers are focusing on the development of high value-added equipment with specialized packing needs. On the other hand, stringent government guidelines and booming healthcare sector are expected to trigger the growth of the market studied, in the region. Thus, medical device packaging is expected to account for a considerable market share, as government regulations monitor the security and protection of therapeutic equipment.
  • Furthermore, the rising environmental concerns are expected to stimulate the solution providers to innovate and develop biodegradable packaging solutions for medical devices. For instance, the EU-funded HyperBioCoat project developed and tested new biodegradable hybrid organic-inorganic coatings for use in food, cosmetics and medical device packaging. The coating material based on biopolymers was extracted from lignocellulosic biomass by combining them with the material class of bioORMOCERs. The bioORMOCER coatings are bio-based, biodegradable coatings developed by the Fraunhofer Institute for Silicate Research. Such innovations are further expected to aid in the market growth.
  • The healthcare sector has faced an unprecedented challenge due to the pandemic, and hence, is receiving immense support from global governments and other organizations, to expand and innovate their offering, to provide medical support to the huge number of patients. Also, sterilization is playing a vital role in preventing the transmission of the virus, due to which several prominent market players are persistently manufacturing sterile medical packaging, such as containers, pouches and wraps to protect products against unintended transmissions. This is expected to increase the demand for medical device packaging solutions.

Europe Medical Devices Packaging Industry Segmentation

The medical devices packaging market is growing as the healthcare industry has witnessed rapid changes over time with the outbreak of new diseases, growth in regulatory norms, and growth in advanced healthcare systems. This has resulted in the implementation of a standardized packaging process where flexible packaging demand is growing in sterile and non-sterile packaging applications.

Material
Plastic
Paper & Paper Board
Other Raw Materials
Product Type
Pouches and Bags
Trays
Boxes
Clam Shells
Other Products
Application
Sterile Packaging
Non-Sterile Packaging
Country
United Kingdom
Germany
France
Italy
Rest of Europe
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Europe Medical Devices Packaging Market Size Summary

The Europe medical devices packaging market is experiencing significant growth, driven by the evolution of the healthcare industry towards high-tech equipment and instruments. This shift has expanded the medical device segment, propelled by the increasing number of hospitals, therapeutic equipment manufacturers, and diagnostic centers. The demand for sterile devices is rapidly increasing, necessitating constant innovations in packaging designs to meet changing end-user requirements. The market is further bolstered by the focus on developing high value-added equipment with specialized packing needs, particularly in countries like the United Kingdom and Germany. Stringent government regulations and a booming healthcare sector are also contributing to the market's expansion, as they ensure the security and protection of therapeutic equipment.

The market is characterized by a competitive landscape with major players like Amcor, Sealed Air Corporation, and Berry Global leading the charge in innovation and development activities. The demand for plastic packaging solutions is on the rise, despite environmental concerns, as they offer durability and lightweight benefits. However, there is a growing push towards biodegradable and sustainable packaging solutions, driven by regulatory pressures and consumer demand. The pandemic has heightened the focus on hygiene and safety, increasing the demand for single-use and sterile packaging solutions. Companies are leveraging strategic collaborations and acquisitions to expand their market share and enhance product capabilities, with innovations like recyclable flexible packaging solutions and sustainable packaging designs further driving market growth.

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Europe Medical Devices Packaging Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Longer Shelf-Life Packaging Products

      2. 1.2.2 Growing Innovations in the Medical Devices

    3. 1.3 Market Restraints

      1. 1.3.1 Stringent Government Regulations in Developed Countries

    4. 1.4 Industry Value Chain Analysis

    5. 1.5 Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Impact of Covid-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Material

      1. 2.1.1 Plastic

      2. 2.1.2 Paper & Paper Board

      3. 2.1.3 Other Raw Materials

    2. 2.2 Product Type

      1. 2.2.1 Pouches and Bags

      2. 2.2.2 Trays

      3. 2.2.3 Boxes

      4. 2.2.4 Clam Shells

      5. 2.2.5 Other Products

    3. 2.3 Application

      1. 2.3.1 Sterile Packaging

      2. 2.3.2 Non-Sterile Packaging

    4. 2.4 Country

      1. 2.4.1 United Kingdom

      2. 2.4.2 Germany

      3. 2.4.3 France

      4. 2.4.4 Italy

      5. 2.4.5 Rest of Europe

Europe Medical Devices Packaging Market Size FAQs

The Europe Medical Devices Packaging Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)

Amcor PLC, Bemis Healthcare Packaging Europe (Nelipak Healthcare Packaging), Constantia Flexibles Group, WestRock Company and DuPont Company are the major companies operating in the Europe Medical Devices Packaging Market.

Europe Medical Devices Packaging Market Report Snapshots

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