Freedonia In The News

Article Title: Medical device packaging worth USD25.7bn
By: Alan Heath
Publication: CEE Packaging, 8/5/2013
Freedonia Study: World Medical Device Packaging (3056)

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World demand for medical device packaging is projected to increase 5.9 percent annually to $25.7 billion in 2017. Reflecting the operation of advanced and diversified medical product industries, the US, Western Europe, and Japan will continue to account for almost 60 percent of the total market. However, demand in these countries will expand below the average global pace as intensifying health care cost containment pressures and fierce multiple supplier competition weaken growth. The fastest expanding medical device packaging markets will emerge in India, Mexico, China, and the more prosperous Africa/Mideast countries, where diversification, expansion, and stricter regulation of medical product industries are raising the quality and functional requirements of containers and related accessories.
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Article Title: Medical device packaging market expanding globally
By: Jim Butschli
Publication: Healthcare Packaging, 8/7/2013
Freedonia Study: World Medical Device Packaging (3056)

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Although the U.S., Western Europe, and Japan will continue to account for almost 60% of the total market for medical device packaging, the demand for such packaging in these countries will expand below the average global pace as intensifying health care cost containment pressures and fierce multiple supplier competition weaken growth. That’s according to “World Medical Device Packaging,” a new study from The Freedonia Group, Inc. The study reports that world demand for medical device packaging is projected to increase 5.9% annually to $25.7 billion in 2017. - See more at: http://www.healthcarepackaging.com/trends-and-issues/global/medical-device-packaging-market-expanding-globally#sthash.klZhc90T.dpuf
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Article Title: Medical device packaging demand to exceed $25.7bn by 2017
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Publication: European Plastics News, 8/12/2013
Freedonia Study: World Medical Device Packaging (3056)

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World demand for medical device packaging is projected to increase 5.9% annually to $25.7bn (€19.3bn) in 2017. Western Europe, the US and Japan will continue to account for almost 60% of the total market, according a new report by Freedonia. However, demand in these countries will expand below the average global pace as intensifying health care cost containment pressures and fierce multiple supplier competition weaken growth. The fastest expanding medical device packaging markets will emerge in India, Mexico, China, and the more prosperous Africa and Middle-East countries, where diversification, expansion, and stricter regulation of medical product industries are raising the quality and functional requirements of containers and related accessories.
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Article Title: Markt legt jährlich um fast 6 Prozent zu / Größtes Wachstum in Schwellenländern / Kunststoffprodukte
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Publication: KI Kunststoff Information, 8/26/2013
Freedonia Study: World Medical Device Packaging (3056)

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Angesichts des steigenden Bedarfs wird das Umsatzvolumen für Medizinverpackungen bis 2017 wohl jährlich um 5,9 Prozent auf 25,7 Mrd USD (umgerechnet 19,2 Mrd EUR) steigen, schreibt die Marktforschungsgesellschaft Freedonia Group (Cleveland, Ohio / USA; www.freedoniagroup.com) in der neuen Studie „World Medical Device Packaging“. Dabei werden auch weiterhin fast 60 Prozent des Gesamtvolumens auf die hoch entwickelten und diversifizierten Märkte in den USA, Westeuropa und Japan entfallen. Kosteneinsparungen im Gesundheitswesen und der scharfe Wettbewerb führen den Angaben nach jedoch dazu, dass die Zuwachsraten unter dem globalen Durchschnitt liegen. Das größte Wachstum prognostizieren die Marktforscher für die aufstrebenden Märkte in Indien, Mexiko und China sowie die wohlhabenderen Staaten in Nahost und Afrika. Hier erhöhen die zunehmende Diversifizierung und Expansion der Branche sowie strengere Gesetzesvorgaben die Qualität und Funktionsanforderungen von Behältern und entsprechendem
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Article Title: http://pieweb.plasteurope.com
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Publication: PIE Plastics Information Europe, 8/19/2013
Freedonia Study: World Medical Device Packaging (3056)

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Global demand to exceed USD 25 bn in 2017 / US remains largest market / Plastic pouches and trays will continue as sales leaders / Freedonia study World demand for medical device packaging is forecast to increase by almost 6% annually until 2017, when it will reach USD 25.7 bn, according to a recently published study, “World medical device packaging”, from US market researcher Freedonia (Cleveland, Ohio; www.freedonia.com).
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