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Medical Device Trays Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019to 2026

Press release   •   Sep 14, 2019 13:34 BST

Medical Device Trays Market Introduction

The global medical device trays market is predicted to value over US$ 20 billion by the end of 2026 and growing at a CAGR of over 10.5% during the forecast period, 2019 to 2026.

Medical devices are used for effective illness and disease treatment by ensuring product sterility. Medical devices trays are used in order to store and prevent these devices from bacteria. With the help of these trays, medical devices are kept together at one place so that they could be easily found and used during surgery or any other medical procedures. As per the procedures and operations conducted, medical device trays can be customised. These trays are an appropriate solution for maintaining cleanliness and sterility of the medical devices. Applications of medical device trays are ophthalmology trays, catheter trays, orthopaedic implant trays as they are thermoformed. They are also used in ambulatory surgical centres, clinics and hospitals.

Medical Device Trays Market Overview

Increasing demand of safety in healthcare sector led to the development of quality management principle to improve the product protection. It increased utilization of trays as a packaging method for medical devices and fuelled the growth of the market. Packaging material is an integral part of the medical device and intended to protect the product from the external environment. Contaminants can interfere with product stability and lead to unintentional diseases among the patient population. Rising demand of sterile packaging to increase the protection led to the robust growth of the market. Further changing regulatory scenarios to prevent the contamination led to robust growth and created opportunistic space for manufacturers. Additionally, the rapid advancement of technologies augmented the existing process and increased the output with limited resources.

North America and Europe regions are expected to remain dominant throughout the forecast period due to high adoption and increasing prevalence of chronic disorders. The Asia Pacific and Latin America regions created to potential opportunistic space for manufacturers due to a large number of manufacturers in these regions. They are expected to witness the highest growth rate in global market. Rest of world is expected to account significant share due to increasing adoption.

Medical Device Trays market players include DuPont, Wipak, 3M Company, Bemis Company, Inc., West Pharmaceutical Services, Inc., Placon Corporation and others

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Medical Device Trays Market Segmentation

By Product Type

+ Two-piece inner tray

+ Single-seal trays

+ Multi-cavity trays

By End User

+ Hospitals

+ Clinics

+ Outpatient Centres

By Region

+ North America

+ Latin America

+ Europe

+ Asia Pacific

+ Rest of the World

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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the global Medical Device Trays Market by Product Type, by End-User, by Region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
    • To evaluate and forecast micro-markets and the overall market
    • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
    • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
    • Profiling of companies to evaluate their market shares, strategies, financials and core competencies
  • Table of Contents

    Introduction

    Scope and Objective

    Assumptions and Acronyms

    Forecast Factors

    Research Methodology

    Executive Summary

    Industry Cluster Analysis

    Competition Matrix

    Strategies Recommendations

    Market Definition

    Report Scope (Inclusions & Exclusions)

    Market Segmentation

    Global Medical Device Trays Market Overview

    Global Medical Device Trays Market Revenue (USD Mn)

    Key Inclusions

    Porter’s Five Force analysis

    Market Dynamics

    Industry Trends

    Regulatory Guidelines

    Opportunities in Medical Device Trays

    Competition Dynamics

    Company Share Analysis (2019)

    Top 10 Product Pricing by Region

    Global Medical Device Trays Market Revenue (USD Mn), 2019-2026 by Product Type

    Key Market Findings

    Long Term ROI Segments

    Revenue Opportunity Influencing Factors

    Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2019-2026

    Two-piece inner tray

    Single-seal trays

    Multi-cavity trays

    Global Medical Device Trays Market Revenue (USD Mn), 2019-2026 by End User

    Key Market Findings

    Long Term ROI Segments

    Revenue Opportunity Influencing Factors

    Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

    Hospitals

    Clinics

    Outpatient Centres

    Global Medical Device Trays Market Revenue (USD Mn), 2019-2026 by Region

    Key Market Findings

    Long Term ROI Segments

    Revenue Opportunity Influencing Factors

    Market Revenue (USD Mn) Assessment and Forecast by Region,2026

    North America

    Latin America

    Europe

    Asia Pacific

    Rest of world

    North America Medical Device Trays Market Revenue (US$ Mn), 2019-2026

    Key Market Findings

    Long Term ROI Segments

    Revenue Opportunity Influencing Factors

    Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

    US

    Canada

    Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2019-2026

    Two-piece inner tray

    Single-seal trays

    Multi-cavity trays

    Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

    Hospitals

    Clinics

    Outpatient Centres

    Latin America Medical Device Trays Market Revenue (US$ Mn), 2019-2026

    Key Market Findings

    Long Term ROI Segments

    Revenue Opportunity Influencing Factors

    Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

    Brazil

    Mexico

    Argentina

    Rest of Latin America

    Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2019-2026

    Two-piece inner tray

    Single-seal trays

    Multi-cavity trays

    Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

    Hospitals

    Clinics

    Outpatient Centres

    Europe America Medical Device Trays Market Revenue (US$ Mn), 2019-2026

    Key Market Findings

    Long Term ROI Segments

    Revenue Opportunity Influencing Factors

    Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

    Germany

    France

    Spain

    UK

    Russia

    Poland

    Rest of Europe

    Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2019-2026

    Two-piece inner tray

    Single-seal trays

    Multi-cavity trays

    Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

    Hospitals

    Clinics

    Outpatient Centres

    Asia Pacific America Medical Device Trays Market Revenue (US$ Mn), 2019-2026

    Key Market Findings

    Long Term ROI Segments

    Revenue Opportunity Influencing Factors

    Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

    Emerging Asia

    China

    India

    ASEAN-5

    Rest of Emerging Asia

    Japan

    Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2019-2026

    Two-piece inner tray

    Single-seal trays

    Multi-cavity trays

    Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

    Hospitals

    Clinics

    Outpatient Centres

    Rest of World America Medical Device Trays Market Revenue (US$ Mn), 2019-2026

    Key Market Findings

    Long Term ROI Segments

    Revenue Opportunity Influencing Factors

    Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2026

    Middle East

    South Africa

    North Africa

    Rest of World

    Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2019-2026

    Two-piece inner tray

    Single-seal trays

    Multi-cavity trays

    Market Revenue (USD Mn) Assessment and Forecast by End User, 2019-2026

    Hospitals

    Clinics

    Outpatient Centres

    Company Profiles

    Competition Landscape

    Global Company Share (USD Mn) Overview, 2019

    Company Profiles

    DuPont

    Corporate Overview

    Financial Performance

    Peer Comparison & 3C marketing equation

    Company Strategy & Channel Management

    Wipak

    Corporate Overview

    Financial Performance

    Peer Comparison & 3C marketing equation

    Company Strategy & Channel Management

    3M Company

    Corporate Overview

    Financial Performance

    Peer Comparison & 3C marketing equation

    Company Strategy & Channel Management

    Bemis Company

    Corporate Overview

    Financial Performance

    Peer Comparison & 3C marketing equation

    Company Strategy & Channel Management

    West Pharmaceutical Services, Inc.

    Corporate Overview

    Financial Performance

    Peer Comparison & 3C marketing equation

    Company Strategy & Channel Management

    Placon Corporation

    Corporate Overview

    Financial Performance

    Peer Comparison & 3C marketing equation

    Company Strategy & Channel Management

    Research Sources & Primary Verbatim

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