Sterile Medical Packaging Market size was valued at USD 52.17 billion in 2024 and is set to cross USD 133.03 billion by the end of 2037, registering more than 7.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of sterile medical packaging is estimated at USD 55.3 billion. The primary factor for the market growth is attributed to the rising cases of cardiovascular diseases and deaths owing to it, which leads to an increase demand for sterile medical packaging during the treatment. As per World Health Organization, cardiovascular diseases are considered to be leading cause of deaths globally, taking almost 17.9 million lives in 2019, which is equivalent to 63% of the total deaths occurred.
The sterile medical packaging market is witnessing growing demand from the healthcare industry. The main reason behind this high demand is owing to the large pool of patients in the world. During the treatment of patients, proper sterilization packaging is required for the purpose of sterilizing and packaging medical devices and the other instruments. Thus, the increment in number of deaths due prevalence diseases such as non-communicable diseases is anticipated to increase the adoption rate of sterile medical packaging market in hospitals, ambulances and clinics. As per a report published by World Health Organization in 2021, it is stated that non-communicable diseases kill almost 41 million peach each year, equivalent in 71% of global deaths.
Author Credits: Abhishek Anil
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