Medical Device Packaging Market Trends, Revenue, Major Players, Share Analysis & Forecast Till 2028
Rising global demand for medical devices and technological innovations in medical devices are some key factors driving market revenue growth Market Size – USD 30.10 Billion in 2020, Market Growth – at a CAGR of 6.3%, Market Trends – Increasing research and development activities The global Medical Device Packaging Market size is expected to reach USD 48.88 Billion in 2028 and register a revenue CAGR of 6.3% over the forecast period, according to a latest report by Reports and Data. Market revenue growth is primarily driven by rising demand for medical devices globally. Rising prevalence of chronic diseases across the globe and rise in the number of hospitals and diagnostic centers are other key factors boosting revenue growth of the global medical device packaging market. Moreover, major economic development in countries such as China and India is expected to open up major opportunities for manufacturers of medical devices going ahead. Medical device manufacturers are in...