South Korea Medical Device Packaging Market Overview In Healthcare Industry

 

Medical device, protection is necessary by maintaining package integrity, usually, proper packaging is required for medical devices to avoid physical damage, biological contamination, and any other external disturbance. Furthermore, other motive of packaging is the proper identification of the device by means of labeling. In addition, medical device packaging is an important factor to place a device in the market safe and secured during its shelf life. Packaging performs protection and communication with the environment, humans, and vice versa.

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COVID-19 Impact Analysis:

Outbreak of COVID-19 has disrupted workflows in the healthcare sector worldwide. The disease has forced an increased number of industries to shut their doors temporarily. Sector that is drastically affected include several sub-domains of healthcare. Moreover, there has also been a moderate effect on medical devices and supplies segment, including the medical device packaging market. Owing to the pandemic, healthcare workers, equipment, and facilities have been converged together toward the same direction such that they can help to cope with rise in number of patients having COVID-19.

Pandemic led to a positive growth in demand for medical devices such as respirators, ventilators, oximeters, and other medical devices supporting in the management of disease affecting the respiratory tract. Thus, increase in use of medical devices further drive the market growth as these require packaging. However, banned import and export of goods further affects the medical device packaging market negatively.

Market Segmentation  

The global medical device packaging market segmented on the basis of material type, product type, application, and region. On the basis of material type, it is further classified into plastic, paper & paperboard, foils, glass, and others. By product type, it is divided into pouches, clamshell packs, boxes, bags, blisters and others. Based on application, it is categorized into sterile packaging and non-sterile packaging. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

List Of Key Companies

• 3M Company
• Amcor Limited
• Berry Global Inc.
• CCL industries INC.
• Constantia Flexibles
• DuPont
• Klöckner Pentaplast Group
• Mitsubishi Chemical Holdings Corporation
• WestRock Company
• Sonoco Products Company