The global sterile medical packaging market size is expected to reach USD 47.89 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period. The growing cognizance about the advantageous properties of sterile medical packaging such as tear resistance, durability, breathability, and the superior microbial barrier will promote the growth of the market during the forecast period, states Fortune Business Insights in a report, the market size stood 31.38 Billion in 2019. The escalating requirements for sterile medical packaging in numerous applications, involving in-vitro diagnostic products and surgical & medical instruments will have a positive impact on the market in the forthcoming years.

Market Driver:

Growing Hygiene and Sterility in Medical Equipment to Stimulate Growth

The increasing prevalence of infectious and communicable diseases and viruses such as COVID-19, flu, tuberculosis, and SARS has led to improved hygiene in medical devices intending to prevent any contamination or spread of disease in patients. The focus towards robust packaging in medical devices such as syringes, needles, bandages, face masks, gloves, applicators, suction catheters, testing kits, and surgical sponges, will positively influence the market growth. The packaging used in these devices necessitates effectual maintenance for sterility. Thus, the need for effective packaging solutions will propel the market during the forecast period. In addition, the rising demand for single-use medical equipment owing to ethical and hygiene aspects for protection against the risks of disease transmission will foster healthy growth of the market in the forthcoming years.


Information Source:

https://www.fortunebusinessins....ights.com/sterile-me