Sterile Medical Packaging Market in US | Trends, Growth and Industry Analysis
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| Sterile medical packaging market in US |
Sterile medical packaging refers to drug, chemical,
and device packaging used in the medical and pharmaceutical industry, which has
been sterilized and validated using suitable processes to make it free of contaminants
such as bacteria and foreign molecules.
As per the
latest market research report published by Technavio, the market size for sterile
medical packaging market in the US will grow by USD 1.44 billion during
2019-2023. This report offers an analysis of the market based on the material
(plastic, glass, aluminum, and others) and product (bottles, blister packs,
thermoformed trays, and others). The report analyzes the market’s competitive
landscape and offers information on several companies including Amcor, Baxter,
Bemis Company, Cardinal Health, and DowDuPont.
Download the free
sample report @ http://bit.ly/326pCAl
Pre-validated
packaging refers to packaging stock or containers that have been designed,
sourced, and validated to medical industry standards beforehand by package
manufacturers. The use of pre-validated packages can substantially reduce
time-to-market and package development and production costs of medical drug
manufacturers. Demand for pre-validated sterile packaging has gained momentum
in recent years amid the influx of new medical technology and pharmaceutical
startups.
Many
manufacturers
have started offering pre-validated packaging over the past decade, which
pre-validated use of ISO 11607 standards for a shelf-life up to 3-10 years.
These companies usually provide validated sealing systems, packaging in the
required configuration, sealing tooling, and validation documentation. For
instance, Minnesota-based Quality Tech Services supplies its QSEAL range of
pre-validated medical packaging, made using polythene terephthalate and
poly-Tyvek.
Hence,
the rising adoption of pre-validated sterile packaging will drive the growth.
All these emerging trends in the medical packaging market in us giving a growth of a CAGR
of 5.24% during the forecast period. To know the complete and in-depth analysis and
forecast of this market get the complete report by clicking the link below.
Get the Complete
Report @ http://bit.ly/2LYTcC9

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