Medical Implants Sterile Packaging Market Trends Estimates High Demand by 2024Posted by Pareesh on May 30th, 2018 Furthermore, micro packaging is the current trend that is influencing the market, such as nanotechnology, which has altered the drug delivery systems and it is expected to have the same influence on medical devices packaging. Micro packaging includes addition of certain nanoparticles into films and shaped objects to condense the light for fire-resistant and it enhances thermal and mechanical performance as well as reduce permeability to gases. Micro packaging, established on the platform of nano technology is poised to have a strong impact on packaging, owing to its ability to enhance stability of the medical devices. Micro packaging with amalgamation of nano-engineered materials such as nano composite-based packaging films and nano coatings controls microbial growth and delays oxidation ensuring the safety of medical devices for longer period. The global medical implants sterile packaging market is estimated to be valued at US$ 1,719.5 Million in 2017 and is expected to witness a CAGR of 6.7% during the forecast period (2017 – 2025). Reuqest For Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/995 The innovative Flexshield launched by UFP Technologies is expected to boost the growth of medical implants sterile packaging market in North America Medical implants sterile packaging market is the rapidly growing segment of the healthcare sector. However, these implants encounter challenges while ensuring safety during transportation and storage. Protection of medical implants from contamination and physical damage is increasing the requirement for reliable and sterile packaging solutions in healthcare industry. On the basis of regions, North America accounts for the largest share in the global medical implants sterile packaging market, followed by Europe. This is mainly attributed to the forming and sealing process, which ensures the safety of the sterile packaging medical devices. For instance, according to Food and Drug Administration (FDA), packaging of medical implants needs to follow the quality regulations and requirement. Many innovative packaging solutions have been introduced, which have boosted the growth of the medical implants sterile packaging market in these regions. For instance, Flexshield launched by UFP Technologies, a pouch packaging solution for implants, screws, rods, and other instruments. FlexShield is known for protecting the medical device from abrasion and puncture. Moreover, QTS has also introduced the durable nylon pouches for packaging of orthopedic implants, surgical instruments, and surgical procedure kits. Furthermore, Asia Pacific is expected to exhibit the high growth rate over the forecast period due to diversification of markets, expansion, and stringent regulations of medical product packaging industries. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr.Shah Like it? Share it! More by this author |