Global Medical Packaging Market - Future, Scope, Trends
The global medical packaging market is projected to reach USD 50 Billion by 2028, growing at a CAGR of over 6% by 2028 in value terms owing to increasing demand for better healthcare & medical facilities and increasing medical awareness among consumers globally. The global medical packaging market is segmented based on material, packaging, packing, application and region. Based on material type, the polymer segment accounted for the largest market share in medical packaging market due to its use in many applications like protective wraps, disposable syringes, manufacturing bags & pouches. Based on packaging type, bags & pouches held the major share in the market in 2022. Bags & pouches cater to the applications in the healthcare sector and hence they will be the largest market holding segment in the forecast period as well. Regionally, North America accounted the largest market share due to outstanding healthcare facilities and high technological deve...