Global Medical Device Labeling Market Analysis, Trends Industry Forecast to 2025
Brandessenceresearch.com Adds “Medical
Device Labeling Market 2019 - Market Demand, Growth, Opportunities, Analysis of
Top Key Players and Forecast to 2025” To Its Research Database.
Description:
Medical Device Labeling Market: Global Size, Trends, Competitive, Historical &
Forecast Analysis, 2019-2025– Increasing adoption of home
healthcare medical devices and stringent FDA regulations are the key growth
factors for the Global Medical Device Labeling Market.
Medical Device Labeling Market is valued
at USD 798.9 Million in 2018 and expected to reach USD 1256.3 Million by 2025
with a CAGR of 6.71% over the forecast period.
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Medical devices play a very
significant role in the delivery of several health care services. Medical
devices are items that are used for the diagnosis of cure, treatment or
prevention of disease and mitigation. Manufacturers of medical devices face
number of challenges in delivering their products to domestic and international
markets. Labeling is used to communicate safety and performance related
information to the users of medical devices and identify individual devices as
well as to patients. Medical device labeling includes, package labels, directions
for use, maintenance manuals, equipment labels, control labels etc. Labeling is
important in identifying the medical device and specifying instructions for
proper use of medical devices. Mislabeling of medical devices can result in
serious consequences for the user and individual. Cautions and clear
instructions or hazard warnings for use are very important.
Medical device labeling market is
segmented on the basis of label type, material, application and region. Based
upon label type, market is segmented into pressure sensitive labels, glue
applied labels, sleeve labels, in mold labels and others. Based upon material,
the medical device labeling market is segmented as paper, plastics and others.
Based upon application, the medical device labeling market is segmented in to
disposable consumables, monitoring & diagnostic equipment, and therapeutic
equipment.
The regions covered in this medical
device labeling market report are North America, Asia-Pacific and Rest of the
World. On the basis of country level, market of medical device labeling market
is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China,
Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Medical Device Labeling Market
Reports–
Global Medical Device Labeling
Market report covers prominent players like 3M Company, Amcor Limited, Mondi
Group Plc, Avery Dennison Corporation, Lintec Corporation, Huhtamaki Oyj, UPM
Raflatac, CCL Industries Inc, Schreiner Group GmbH & Co. KG, Denny Bros
Ltd. and others.
Increasing Adoption of Home Healthcare Medical Devices and
Stringent FDA Regulations are Driving the Growth of Global Medical Device
Labeling Market.
Global medical device labeling
market has shown a lucrative growth in the last few years and expected to
continue the same within the forecast period owing to the stringent FDA
regulations in this field coupled with the growing home healthcare medical
devices.The global revenue of the home healthcare device and service market is
projected to grow around 12.6 billion U.S. dollars by 2018. So, the increasing
adoption of home healthcare medical devices is anticipated to drive the growth
of medical device labeling market within the forecast period. Growing medical
device industry is one of the key driving factors for the global medical device
labeling market. Medical device industry has been highly attractive with 5%
annual growth and relatively stable for decades. Increasing number of hospitals
and the increased requirement for healthcare facilities creates a need for
sophisticated devices, which can offer perfect treatment to patients. Creation
of discord and confusion due to the absence of common global regulatory system
is restraining the global medical device labeling market. Due to the absence of
common universal regulatory system for medical devices there are different
regulation criteria in different countries which in turn results in confusion
among medical device label manufacturers on global level in regards to how to clear
the regulations. Acceptance of UDI (Unique Device Identification) in medical
device labeling is expected to accelerate the growth of the medical device
labeling market in the forecast period. The FDA has established and continues
to implement a unique device identification system to effectively identify
medical devices through their distribution and use.
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Key Benefits for Global Medical Device
Labeling Market Reports –
- Global market report covers in depth historical
and forecast analysis.
- Global market research report provides detail
information about Market Introduction, Market Summary, Global market
Revenue (Revenue USD), Market Drivers, Market Restraints, Market
opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify
opportunities in market place.
- Global market report covers extensive analysis
of emerging trends and competitive landscape.
Medical Device Labeling Market
Segmentation
By Label Type:
- Pressure Sensitive Labels
- Glue Applied Labels
- Sleeve Labels
- In Mold Labels
- Others
By Material:
- Paper
- Plastics
- Others
By Application:
- Disposable Consumables
- Monitoring & Diagnostic Equipment
- Therapeutic Equipment
By Region
- North America
- U.S
- Canada
- Europe
- UK.
- France
- Germany
- Italy
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
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Tel: +44-2038074155 / +91-7447409162
Email:alan@brandessenceresearch.com
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