(MENAFN- Zion Market Research) Zion Market Research has published a new report titled 'Medical Device Labeling Market by Label Type (Glue-Applied Labels, Pressure-Sensitive Labels, In-Mold Labels, Sleeve Labels, and Others), by Material Type (Plastic, Paper, and Others), and by Application (Monitoring & Diagnostic Equipment, Disposable Consumables, and Therapeutic Equipment): Global Industry Perspective, Comprehensive Analysis, and Forecast, 20182025. According to the report, the global medical device labeling market was valued at approximately USD 743 million in 2018 and is expected to generate around USD 1,124 million by 2025, at a CAGR of around 6.1% between 2019 and 2025.
Increasing complications of medical devices have forced various device manufacturers to communicate important device-related information to the customers. This is the major factor that is driving the global medical device labeling market over the estimated timeframe. Various manufacturers make use of medical device labeling to offer a general description of medical devices alongside other vital information. The growing number of technologically updated medical devices and drug discoveries are likely to further this market.
Request Sample Request Customization Buy Now
Browse the full'Medical Device Labeling Market by Label Type (Glue-Applied Labels, Pressure-Sensitive Labels, In-Mold Labels, Sleeve Labels, and Others), by Material Type (Plastic, Paper, and Others), and by Application (Monitoring & Diagnostic Equipment, Disposable Consumables, and Therapeutic Equipment): Global Industry Perspective, Comprehensive Analysis, and Forecast, 20182025Report at https://www.zionmarketresearch.com/report/medical-device-labeling-market
The increasing implementation of FDA standards for patient safety is the foremost factor expected to propel the global medical device labeling market over the forecast time period. Stringent policies associated with the standards of patient security and safety by the FDA and medical device manufacturers' shifting focus on various labeling methods are projected to fuel the global medical device labeling market in the future. The flourishing healthcare and pharmaceutical sector is also expected to positively influence the global medical device labeling market.
Based on label type, the medical device labeling market is segmented into glue-applied labels, pressure-sensitive labels, in-mold labels, sleeve labels, and others. Pressure sensitive labels contributed a major revenue share to the global medical device labeling market in 2018, owing to the growing technological advancements. Additionally, pressure-sensitive labels are highly versatile in nature that can be seen on a variety of products. They are high-tech stickers that are available in the form of rolls or sheets. By material type, the market is segmented into plastic, paper, and others. The paper segment is expected to hold a major market share in the future, owing to its easy availability and its extensive use by the manufacturers. By application, the medical device labeling market is segmented into monitoring and diagnostic equipment, disposable consumables, and therapeutic equipment. Disposable consumables held a major market share in 2018.
By region, the North American medical device labeling market contributed the highest revenue share to the global medical device labeling market in 2018 and is expected to dominate over the forecast timeframe as well. This regional growth can be attributed to the increasing investment made in research and development activities in the medical sector, developed healthcare infrastructure, and the presence of major industry players in the region. The Asia Pacific is projected to provide significant growth opportunities in the medical device labeling market over the estimated timeframe. The Middle Eastern and African region is expected to register moderate growth in the future.
Some players of the global medical device labeling market are Avery Dennison Corporation, Amcor Limited, Huhtamaki Oyj, 3M Company, Weber Packaging Solutions, Inc., Mondi Group, Lintec Corporation, UPM Raflatac, Denny Bros Ltd., Resource Label Group LLC, CCL Industries Inc., Schreiner Group GmbH & Co. KG, WS Packaging Group, Inc., Coast Label Company, Tapecon Inc., JH Bertrand Inc., Faubel & Co., and Label Source.
This report segments the global medical device labeling market into:
Global Medical Device Labeling Market: Label Type Analysis
- Glue-Applied Labels
- Pressure-Sensitive Labels
- In-Mold Labels
- Sleeve Labels
- Others
Global Medical Device Labeling Market: Material Type Analysis
Global Medical Device Labeling Market: Application Analysis
- Monitoring and Diagnostic Equipment
- Disposable Consumables
- Therapeutic Equipment
Global Medical Device Labeling Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email:
Website: https://www.zionmarketresearch.com
MENAFN2303201900703707ID1098293135
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.