The Sterilization Wrap Market is Predict to reach USD 481.9 Million by 2030, at a CAGR of 3.7%

18-Mar-2024 | Report Format: Electronic (PDF)

Sterilization Wrap Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Sterilization Wrap Market size is expected to reach $481.9 million by 2030, rising at a market growth of 3.7% CAGR during the forecast period.

Sterilization wraps that provide more customization and flexibility are in high demand from healthcare establishments. Custom-sized wraps, pre-folded designs, and color-coded packaging help streamline sterilization processes and improve workflow efficiency. Manufacturers respond to this trend by offering customizable solutions that enhance user convenience and operational efficiency. Furthermore, integrating digital technologies into sterilization wrap solutions is emerging as a significant trend. Radiofrequency identification (RFID) tags, QR codes, and barcoding systems are being incorporated into sterilization wraps to enable real-time tracking, monitoring, and traceability of sterilized items throughout the supply chain. These digital solutions enhance inventory management, reduce errors, and ensure compliance with regulatory requirements.

Sterilization Wrap Market Size - By Region

The Hospitals & Clinics segment is leading the Global Sterilization Wrap Market, By End-use in 2022 thereby, achieving a market value of $335,006.6 Thousands by 2030. Hospitals and clinics conduct various surgical procedures, from routine surgeries to complex interventions. Sterile instruments and equipment are essential for surgical success and patient safety. Properly sterilized instruments prevent surgical site infections and ensure positive patient outcomes.

The Paper & Paperboard segment is experiencing a CAGR of 4.6% during (2023 - 2030). There is a growing global emphasis on environmental sustainability and reducing plastic usage in healthcare settings. Paper and paperboard materials are renewable, biodegradable, and recyclable, making them more environmentally friendly. Healthcare facilities use paper-based sterilizing wraps more often to reduce environmental impact and support sustainability objectives.

Full Report: https://www.kbvresearch.com/sterilization-wrap-market/

The North America region dominated the Global Sterilization Wrap Market, By Region in 2022 thereby, achieving a market value of $164.7 Million by 2030. The Europe market is experiencing a CAGR of 3.6% during (2023 - 2030). Additionally, The Asia Pacific market would register a CAGR of 4.2% during (2023 - 2030).

List of Key Companies Profiled

  • Berry Global Group, Inc.
  • Ahlstrom Holding 3 Oy
  • Cardinal Health, Inc.
  • Medline Industries, LP
  • Steris PLC
  • Narang Medical Limited
  • McKesson Corporation (McKesson Medical-Surgical, Inc.)
  • Dynarex Corporation
  • Medicom Group
  • Propper Manufacturing Co., Inc.

Sterilization Wrap Market Report Segmentation

By End-use

  • Hospitals & Clinics
  • Others

By Material Type

  • Plastic & Polymer
  • Paper & Paperboard
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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