Global IVD Packaging Market to Reach $11.6 Billion by 2030, Driven by Strong Growth in Vials Segment


Dublin, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The "In-Vitro Diagnostics (IVD) Packaging - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for In-Vitro Diagnostics (IVD) Packaging estimated at US$8.2 Billion in the year 2022, is projected to reach a revised size of US$11.6 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030.

Bottles, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$3.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Vials segment is readjusted to a revised 5.1% CAGR for the next 8-year period.



The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 4.2% CAGR

The In-Vitro Diagnostics (IVD) Packaging market in the U.S. is estimated at US$2.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Select Competitors (Total 46 Featured) -

  • Amcor Ltd.
  • Bio-Rad Laboratories, Inc.
  • Corning, Inc.
  • Duran Group GmbH
  • Greiner Packaging International GmbH
  • Narang Medical Ltd.
  • Sarstedt AG & Co.
  • Wheaton Industries, Inc.
  • WS Packaging Group, Inc.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages273
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$8.2 Billion
Forecasted Market Value (USD) by 2030$11.6 Billion
Compound Annual Growth Rate4.4%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • In-Vitro Diagnostics (IVD) Packaging - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/w5i5yq

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Global Market for In-Vitro Diagnostics (IVD) Packaging

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