According to the latest report of IMARC Group, titled "North American Healthcare Packaging Market: Industry Trends, Share, Scale, Growth, Opportunities, and Forecasts 2021-2026". In 2020, the North American healthcare packaging market is valued at 41.4 billion U.S. dollars. Healthcare packaging is used to provide information and protect any medical devices or medicines. It protects products from chemical degradation and physical damage by preventing exposure to moisture, oxygen, light, and temperature fluctuations. In addition, healthcare packaging helps to maintain product standards and the highest medical guidelines because it uses unique specifications and sterilization before packaging. In addition, it also helps to ensure the stability of the product during storage.

We will regularly track the direct impact of COVID-19 on the market and the indirect impact of related industries. These opinions will be included in the report.

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Increasing environmental issues are driving the demand for biodegradable and efficient healthcare packaging, which is one of the key factors driving the North American healthcare packaging market. In addition, advances in drug research and development and the increase in the prevalence of chronic diseases have further promoted product demand. In addition, the increase in consumer disposable income, coupled with increasing investment in the healthcare industry, has also promoted market growth in the region. In addition, various technological developments in the industry, such as child- and elderly-friendly packaging, active blister desiccant film technology, etc., are expected to promote the development of the North American healthcare packaging market during the forecast period. Looking ahead, IMARC Group expects that the market will grow at a compound annual growth rate of 6.5% from 2021 to 2026.

North American Medical Packaging Market

Market by mode of administration

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