Albany, NY -- (SBWIRE) -- 10/18/2016 -- Description

About Healthcare Industry

The healthcare industry has observed a shift in preference from hospital care to home healthcare over the last decade. This is expected to lead to a significant growth in the demand for healthcare products during the forecast period. In addition, increased healthcare spending will drive the market. According to the Centre for Disease Control and Prevention (CDC), healthcare expenditure in the US increased from 2.9% of the GDP in 2013 to 5.3% of the GDP in 2014 to reach $3 trillion or around $9,523 per person.

Technavios analysts forecast the Global Healthcare Packaging Market to grow at a CAGR of 6.32% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global healthcare packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sale of all forms of primary and secondary packaging to healthcare companies for delivery of medicines, healthcare products, medical devices, and medicated food supplements have been taken into account.

The market is divided into the following segments based on geography:

APAC
Europe
North America
ROW

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Technavio's report, Global Healthcare Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amcor
Baxter
BD
Bemis
Gerresheimer AG
Schott

Other prominent vendors
Alexander
American Health Packaging
Aptar
Barger Packaging
Cardinal Health
Catalent Pharma Solutions
CCL Industries
Clondalkin
Constantia Flexibles
CWS Packaging
Datwyler Pharma Packaging
EUROMEDEX
Global Closure Systems
Intrapac
Klockner Pentaplast
Korber
Menasha Packaging
Nampak
NNE
Nypro Packaging
RPC
Steripack
Vitro
Winpak

Market driver
Increased use of disposable medical products
For a full, detailed list, view our report

Market challenge
Risk of counterfeit products
For a full, detailed list, view our report

Market trend
Growing use of child-resistant and tamper-evident packaging
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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