Published on : Nov 04, 2016
ALBANY, NY, Nov 04, 2016: Over the recent years, the global healthcare industry has registered many changes in the technology and healthcare infrastructure. The trends have changed from traditional hospital-based healthcare services to home healthcare. The availability of healthcare infrastructure and the advancements in the medical devices have helped key companies to offer better healthcare services. The rising demand for home healthcare services is the primary reason for the growth of the global healthcare packaging market. These are some of the vital findings of a new report added by ResearchMoz.us to its expanding database of research reports.
The report, titled “Global Healthcare Packaging Market 2016-2020,” states that the demand for home healthcare products and services is expected to increase during the period from 2016 to 2020. As per the findings of the report, the global healthcare packaging market is expected to expand at a 6.32% CAGR from 2016 to 2020. As per the Center for Disease Control and Prevention (CDC), the healthcare expenditure in the United States shifted from 2.9% of the total GDP in 2013 to 5.3% of the total GDP in 2014, thus reached $3 trillion.
The report highlights the key factors affecting the growth of the global healthcare packaging market. As per the report, the rising healthcare spending is also expected to drive the global healthcare packaging market. The demand for healthcare packaging products such as plastic bottles, caps and closures, blisters, parenteral containers, tubes, pouches, clamshell, and pre-fillable inhalers is expected to increase in most of the emerging nations. Key companies are taking efforts to introduce new healthcare packaging options to maintain their dominance in the global market.
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Amcor, Baxter, BD, Bemis, Gerresheimer AG, Schott, Alexander, American Health Packaging, Aptar, Barger Packaging, Cardinal Health, Catalent Pharma Solutions, CCL Industries, Clondalkin, Constantia Flexibles, CWS Packaging, Datwyler Pharma Packaging, UROMEDEX, Global Closure Systems, and Intrapac are some of the leading organizations operating in the global healthcare packaging market. By region, the global healthcare packaging market is divided into APAC, North America, Western Europe, and Rest of the World. Leading companies are aiming to capture the untapped market to offer healthcare products, medicated food supplements, and medical devices.
The report also highlights the key factors expected to hamper the growth of the global healthcare packaging market. According to the report, the market will be primarily challenged by the availability of counterfeit products. However, the rising use of child-resistant packaging materials and tamper-evident packaging is likely to propel the market in the years to come.
Just like any other products, healthcare products also need a reliable packaging and delivery solution. Innovations in the global healthcare packaging industry have helped key companies to introduce new packaging options. Customized healthcare packaging has been the new trend in the global market.
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