Medical Device Packaging Market To Witness A Significant Growth Of USD 48.97 Billion By 2028
San Francisco, 9 March 2022: The Report Medical Device Packaging Market Size, Share & Trends Analysis Report By Material (Plastic, Metal), By Product (Pouches & Bags, Boxes), By Application (Equipment & Tools, IVD), By Region, And Segment Forecasts, 2020 - 2028 The global medical device packaging market size is expected to reach USD 48.97 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2020 to 2028. The market growth is attributed to the growing demand for medical devices, such as surgical implants and instruments, medical supplies, electro-medical equipment, and in-vitro diagnostic equipment. The increasing aging population that requires advanced medical treatments, coupled with the unhealthy lifestyles of people, has been resulting in the high prevalence of chronic diseases. These medical device packaging products are manufactured through various technologies, such as heat seal and sterilization,