Medical Device Labeling Market Is Expected To Reach $1952.96 Million By 2032

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), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032”. According to the report, the global medical device labeling market was valued at approximately USD 1187.84 million in 2023 and is predicted to grow to around USD 1952.96 million by 2032 with a compound annual growth rate (CAGR) of roughly 5.68% between 2024 and 2032.

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.

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), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032” Report 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.

Medical Device Labeling Market: Competitive Analysis

The global medical device labeling market is dominated by players like:

• 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
• 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

• Plastic
• Paper
• Others

Global Medical Device Labeling Market: Application Analysis

• Monitoring and Diagnostic Equipment
• Disposable Consumables
• Therapeutic Equipment

Global Medical Device Labeling Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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