The global Medical Implant Sterile Packaging Market Growth Accelerated by Increasing Adoption of Minimally Invasive Surgical Procedures
Medical implant sterile packaging help protect surgically implanted medical devices and implants from contamination and the external environment. Moreover, it reduces the cost of packaging and shipping as compared to traditional methods. Surgical implants such as pacemakers, implants, prosthetics, and other surgically implanted medical devices require sterile packaging for protection against external contaminants that can cause serious infection.
The global Medical Implant Sterile Packaging Market is
estimated to be valued at US$ 25.8 Bn in 2023 and is expected to exhibit a CAGR
of 10% over the forecast period 2023 to 2030, as highlighted in a new report
published by Coherent Market Insights.
Market key trends:
The increasing adoption of minimally invasive surgeries is one of the key
trends driving the growth of the medical implant sterile packaging market.
Minimally invasive surgeries require small incisions and specialized sterile
packaging to insert medical devices like pacemakers, vascular grafts, screws,
plates etc., thus reducing recovery time. Moreover, miniaturization of medical
implants has further boosted demand for customized sterile packaging solutions
that can effectively protect smaller sized implants. Growing preference for
single-use sterile packaging over reusable packaging to mitigate risks of
contamination is another major trend in the market.
Segment Analysis
The global medical implant sterile packaging market is dominated by thermoformed trays segment. Thermoformed trays are preferred due to their rigidity and durability in protecting the medical implants such as orthopedic and dental implants from external factors during storage and transportation. The seals formed by thermoformed trays provide protection from moisture and contaminations.
Key Takeaways
The global medical implant sterile packaging market is expected to witness high growth over the forecast period of 2023 to 2030. The global Medical Implant Sterile Packaging Market is estimated to be valued at US$ 25.8 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030.
Regional analysis: North America dominates the global medical implant sterile packaging market currently. The region accounts for over 35% market share due to high per capita healthcare spending and developed healthcare infrastructure. Asia Pacific is expected to witness fastest growth during the forecast period supported by rising medical tourism and increasing number of surgeries in countries like India and China.
Key players: Key players operating in the medical implant sterile packaging market are Oliver-Tolas, Bemis, Steripack, Orchid, Multivac, Janco, and Selenium. These players are focusing on new product launches, partnerships and mergers to strengthen their distribution network and market presence. Oliver-Tolas leads the global market with over 15% share owing to its diversified product portfolio and geographic expansion initiatives especially in Asia Pacific and Latin America.

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