Medical Device Labeling Market Size, Share, Trends, Growth 2032

Medical Device Labeling Industry Prospective:

The global medical device labeling market size was worth around 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.

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In order to give the users of this report a comprehensive view of the medical device labeling market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Medical Device Labeling Market: Growth Drivers

Medical device labeling is the information associated with the device targeted toward the patient or caregiver. It helps in ensuring that the device is used effectively and safely. Medical device labeling is done in varied forms. For instance, it is supplied in the form of videotapes, patient brochures, user manuals, and patient leaflets. Medical devices are instruments, appliances, apparatus, implants, machines, calibrators or in vitro reagents, materials, and software, which are supplied by manufacturers to be used, alone or in combination, for human beings for various purposes. Medical device labeling is extremely complicated for the manufacturers due to the complex government regulations to guarantee compliance, competent authority examination, increased audits, and language requirements.

Medical device labeling helps patients or their caregivers to understand the device, its operation, care, maintenance, and safety, or disposal requirements. It is important to ensure the secure and effective use of these devices. Medical device labeling provides information for patients or caregivers regarding the proper use, risks, and benefits associated with the specific device. These factors are expected to drive the global medical device labeling market over the forecast time period.

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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study also covers the product portfolio of various companies according to regions.

Medical Device Labeling Market: Segmentation

The study provides a decisive view of the medical device labeling market based on label type, material type, application, and region. 

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.

By material type, the market is segmented into plastic, paper, and others.

By application, the medical device labeling market is segmented into monitoring and diagnostic equipment, disposable consumables, and therapeutic equipment.

Medical Device Labeling Market: Report Scope

Medical Device Labeling Market: Regional Analysis

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
• Middle East and Africa