In-Vitro Diagnostics (IVD) Packaging: Global Market Outlook to 2023: An $8.18 Billion Opportunity – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global
In-Vitro Diagnostics (IVD) Packaging Market – Segmented by Products
(Bottles, Vials, Tubes, Closures), End-User, and Region – Growth,
Trends, and Forecast (2018 – 2023)”
report has been added to ResearchAndMarkets.com’s
offering.

The in-vitro diagnostics (IVD) packaging market was valued at USD 6.34
billion in 2017, and is expected to reach a market value of USD 8.18
billion by 2023, registering a CAGR of 4.34% during the forecast period
(2018-2023).

The growth of this market can be attributed to the growing percentage of
aging population and people affected by chronic diseases. The recent
advancements in packaging solutions have led to increased quality and
performance of packaging materials at economical costs. In addition to
point-of-care testing, the growing practice of self-testing by the
public is another relevant factor contributing to the growth of the
in-vitro diagnostics packaging market.

Increasing private investments and venture-funding towards the
development of innovative products, in addition to growing government
support to increase the adoption of point-of-contact medical devices,
are providing an unprecedented boost to the global market.

The emphasis of IVD packaging is growing in the healthcare sector owing
to the demand for faster diagnosis and increased volume obtained by
automation devices. This has resulted in the increased usage of IVD
devices in hospitals.

Key Highlights

  • Increasing Number of Point-of-care Tests To Drive the Market
  • Growing Demand for Tubes to Drive the Market
  • Rising Demand from Europe to Drive the Market

Key Developments in the Market

  • October 2017: Merck announced Amicon Ultra-4 and -15 Centrifugal
    Filter Units – 10,000 NMWL for IVD use. These centrifugal filter units
    designed for in-vitro diagnostic are intended to use for concentrating
    serum, urine, cerebrospinal fluid, and other body fluids before
    analysis.

Companies Mentioned

  • Bio-Rad Laboratories Inc.
  • Corning Incorporated
  • Greiner Holding AG
  • Narang Medical Ltd.
  • Amcor Limited
  • GBF Inc.
  • Duran Group Gmbh
  • Wheaton Industries
  • WS Packaging Group
  • Sarstedt AG & Co. KG

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Global IVD Packaging Market Segmentation

6. Competitive Intelligence – Company Profiles

7. Investment Analysis

8. Future Outlook of IVD Packaging Market

For more information about this report visit https://www.researchandmarkets.com/research/qsd7tn/invitro?w=4.

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Related
Topics: In
Vitro Diagnostics
, Beverage
Packaging
, Pharmaceutical
Packaging