According to the latest report by IMARC Group, titled North America Healthcare Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026.’ the North America healthcare packaging market reached a value of US$ 41.4 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.5% during 2021-2026.
Healthcare packaging helps safeguard pharmaceutical products and medical devices from material damage and biological degradation. It is manufactured using high-density plastics that are later impermeabilized with gas for sterilizing products to meet medical standards. Some other materials include medical-grade polymers, paperboard, and glass. Healthcare packaging helps ensure product quality, extending its shelf-life, and eliminating exposure to temperature, light fluctuations, moisture, and oxygen. Apart from this, it is rigid, durable, and leak-resistant. Currently, healthcare packaging is available in trays, pouches, bottles, caps and closures, medication tubes, and pre-fillable syringes pack forms.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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North America Healthcare Packaging Market Trends:
One of the key factors driving the North America healthcare packaging market growth is the increasing prevalence of various chronic diseases, especially amongst the growing geriatric population. Moreover, the rising environmental concerns have surged the demand for biodegradable and efficient healthcare packaging, which is acting as another growth-inducing factor. Apart from this, the increasing need for disposable, sterilized healthcare packaging and rapid technological advancements, such as the integration of the internet of things (IoT), to track packages are bolstering the market growth. Besides this, the rising healthcare expenditure and the inflating consumer disposable income levels are creating a positive outlook for the market across the region.
North America Healthcare Packaging Market
Key Regions Analysed
- United States
Market by Industry
Market by Product
- Plastic Bottles
- Caps and Closures
- Blister Packs
- Pre-Fillable Syringes
- Parenteral Containers
- Pre-Fillable Inhalers
- Medication Tubes
Market by Material
- Plastics and Polymers
- Paper and Paperboard
- Aluminum Foil
Market by Packaging Type
- Primary Packaging
- Secondary Packaging
Market by Drug Delivery Mode
Medical Devices Packaging
Market by Product Type
- Clamshell Packs
Market by Material
Market by Application
- Sterile Packaging
- Non-Sterile Packaging
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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