Skip to content

Medical Grade Paper Market Size Worth $5.63 Bn by 2028 to Rise at a Stellar CAGR of 3.8% by 2028 | Exclusive Report By The Insight Partners – GlobeNewswire

| Source: The Insight Partners The Insight Partners
Pune, INDIA
New York, July 12, 2022 (GLOBE NEWSWIRE) — The Insight Partners published latest research study on According to our latest study on “Medical Grade Paper Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Application, End User, and Geography,” the report highlights the key factors driving the medical grade paper market and prominent players with their developments in the medical grade paper market.
Download PDF Brochure of Medical Grade Paper Market Size – COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.theinsightpartners.com/sample/TIPRE00013965/
Medical Grade Paper Market Report Scope & Strategic Insights:
Medical Grade Paper Market: Competition Landscape and Key Developments
Zellstoff Pöls AG, Amcor plc, VP Group, Anquing Tianrun Paper Packaging Co Ltd, Cheever Specialty Paper and Film, PMS Europe GMBH, BillerudKorsnäs AB, Gascogne Group, Nelipak Corporation, and Arctic Paper SA are among the key companies operating in the medical grade paper market. Companies operating in the medical grade paper market adopt product innovation strategies to meet the evolving customer demands worldwide, which also permits them to maintain their brand name in the global market.
Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00013965/
For instance, in November 2020, Artic Paper SA added a new product, Muken, to its profile. It aims to serve students enhance their project activities with different colored papers.
Also, the companies in the market create partnerships, collaborations, and contracts with hospitals, diagnostic centers, specialty clinics, and clinics to further drive the revenue and medical grade paper market share. For instance, in November 2020, Arctic Paper Kostrzyn S.A., a subsidiary of Arctic Paper S.A., signed a contract with Poland’s National Centre for Research and Development (NCBiR) for co-financing of the project “Development and implementation of technology for production of high-barrier biodegradable packaging paper” as part of the Smart Growth Operational Programme 2014–2020. The main customers for the results of the project will be manufacturers of packaging and the barrier papers could be used for production of Packaging and flyers for the pharmaceutical industry.
Medical grade paper is usually used to pack medical devices as it combines strength and well-balanced porosity and acts as a feasible protective material for medical devices, providing a safe and protective barrier as it is made up of cellulose fibers designed to allow sterilization agent penetration. It is primarily used for packaging and systems, including infusers, catheters, needles, gauges, gloves, and bandages. It is also widely adopted for pharmaceutical packaging due to its ability to possess a high level of peelability, heat sealability, bacterial resistance, air permeability, environment friendliness, and nontoxicity. Medical professionals utilize various types of medical-grade papers in surgery and examination, including tissues and wipes.
Have a question? Speak to Research Analyst: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00013965
Medical device manufacturers invest huge amounts in the research and development of technologically advanced medical devices as there is a greater demand for various devices that have received approvals. Since these devices must be manufactured in compliance with various safety standards and regulations, vendors tend to spend on more specialized packaging materials and solutions. Thus, the demand for protective packaging products and materials that can shield medical equipment from contamination and mechanical harm during their handling, transportation, and storage is anticipated to increase. According to statistics, packaging failure accounts for 10% of medical device recalls, while package holes account for 31% of these failures. Highly protective packaging guarantees the integrity of medical equipment from the point of manufacture to the final destination or point of use. The ongoing development of flexible primary packaging products that serve as both a sterile barrier system (SBS) and a protective covering to prevent the entry of microbes would further contribute to the medical grade paper market growth in the coming years. For medical instruments that are separately packaged, folding cartons offer good secondary protection. To ensure increased safety, manufacturers are investing in creating more innovative packaging solutions by using materials such as paper and paperboard, glass, and polymers. Thus, the rising demand for protective packaging is driving the medical grade paper market.
North America holds the largest market share; however, Asia Pacific is the fastest-growing region. The medical grade papers market in North America is expected to grow due to the increasing aging population, growing pharmaceutical industry in the region, and increasing collaborations between government and manufacturers.
Avail Lucrative DISCOUNTS on “Medical Grade Paper Market” Research Study: https://www.theinsightpartners.com/discount/TIPRE00013965/
Medical Grade Paper Market: Segmental Overview
In terms of product, the medical-grade paper market is segmented into kraft paper and sack paper. In 2022, the kraft paper segment would account for a higher share, and it is expected to dominate the market in the near future. The segment’s growth is majorly driven by the property of kraft paper that resists microbial contamination. Its ability to withstand the rigorous processing requirements of packaging converters and sterilization is likely to influence the segment’s growth.
Based on application, the global medical grade paper market is segmented into steam sterilization, ethylene oxide sterilization, formaldehyde sterilization, and irradiation sterilization. In 2022, the ethylene oxide sterilization segment would hold the largest share of the market by application. It is further expected to record the fastest CAGR of 4.3% during 2022 to 2028.
Based on end user, the global medical grade paper market is segmented into hospitals, diagnostic and research centers, pharmaceutical industry, and others. In 2022, the pharmaceutical industry segment would hold the largest share of the market by application. Moreover, the same segment is expected to grow at the fastest CAGR of 4.5% from 2022 to 2028.
Directly Purchase Premium Copy of Medical Grade Paper Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00013965/
Browse Adjoining Reports:  
Kraft Paper Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Grade (Wrapping and Packaging, Sack Kraft paper, Bleached, Unbleached, Others); Application (Food and Beverage, Building and Construction, Pharmaceuticals, Cosmetics and Personal Care, Others) and Geography
Saturating Kraft Paper Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Grade (Unbleached, Bleached); Applications (Flooring, Partitions and Shelving, Countertops, Others); End Use (Household, Industrial) and Geography
Sack Kraft Paper Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Packaging Type (Valve Sack, Open Mouth Sack, Others); Product Type (Natural, Bleached); End-User (Food, Chemical, Cement and Building Material, Others) and Geography
Food Contact Paper Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type (Kraft Paper, Greaseproof Paper, Parchment Paper, and Others) and Application (Bakery and Confectionery; Dairy Products; Fruits and Vegetables; Meat, Fish, and Poultry; and Others) and Geography
Medical Packaging Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Material: Polymer, Foam, Molded-Fiber, Non-woven Fabric, Plastic, Films, Paper & Paperboard, and Others), Type (Containers, Pouches, Trays, Blister Packets, Vials, and Others), Application (Medical devices, Pharmaceutical and Biotechnology, Medical Equipment & Tools, and Others) and Geography
Protective Packaging Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Material (Foam Plastics, Paper and Paperboard, Plastics, Others); Type (Rigid Protective Packaging, Flexible Protective Packaging, Foam Protective Packaging); Function (Cushioning, Blocking and Bracing, Void Fill, Insulation, Wrapping); Application (Food and Beverage, Industrial Goods, Health Care, Automotive, Consumer Electronics, Household Appliances, Others) and Geography
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/medical-grade-paper-market

source

Share:

Pulse Handshak

Pulse Handshak

Collaborative online survey tool for the market research industry. Remote assisted surveying just like face-to-face interviews. Here interviewers can talk to the respondent over the web-console without the need for any other communication channel and share the same Q're with responses and click actions.

Pulse FE

Pulse FE

Pulse Field Expert or Pulse FE is the main platform for both offline and online survey at softofficepro.com. It is robust and used by hundreds of clients over tens of years with millions of responses. Do it once Q're and deploy on both offline devices (android) and online forms makes it a great cost effective platform for any kind of responses

Pulse Ultimate

Pulse Ultimate

Pulse Ultimate is targeted for tracking studies and retail audits. An offline survey system offering extreme field control including processes like data quality check, back-check, rework, comparison with previous wave data etc. helps to get the best results on a day-to-day basis

More Posts