Market Overview:
The global medical device labeling market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for disposable consumables and therapeutic equipment, and rising awareness about medical device labeling among healthcare professionals. The global medical device labeling market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into pressure sensitive labels, glue applied labels, sleeve labels, in mold labels, and others. Glue applied labels are expected to dominate the global medical device labeling market during the forecast period owing to their low cost as compared to other types of labelings such as pressure sensitive or in-mold labelling.
Product Definition:
A medical device labeling is a document that provides information about a specific medical device. The labeling includes the name of the device, the ingredients, directions for use, and any warnings or precautions. It is important to read and follow all information on the medical device labeling.
Pressure Sensitive Labels:
Pressure sensitive labels are used in the medical device labeling industry to provide additional protection and meet regulatory requirements. They are also known as pressure-sensitive labels, pressure-sensitive tapes or shelf life indicators (SLIs). The global market for SLIs is expected to witness significant growth over the forecast period owing to increasing demand from various application segments such as pharmaceuticals & healthcare products, food & beverages and consumer goods.
Glue Applied Labels:
Glue applied labels and it's usage in medical device labeling market is expected to grow at a significant rate during the forecast period. Glue applied labels are used for temporary or permanent labeling of medical devices, pharmaceutical packaging, containers and prefilled syringes among others. The growing demand for customized products coupled with increasing R&D activities by manufacturers is expected to drive the glue applied labels &glue attached Labels market growth over the forecast period.
Application Insights:
The disposable consumables segment dominated the global medical device labeling market in 2017. This can be attributed to factors such as an increase in the number of hospitals and a rise in healthcare expenditure. The monitoring & diagnostic equipment segment is expected to grow at a lucrative rate over the forecast period owing to its wide application across various end-use industries such as healthcare, pharmaceutical, food processing and cosmetics.
Medical devices are considered safe for usage if they comply with regulatory guidelines set by authorities such as FDA (U.S.), WHO (Europe) and CE marking (China). However, not all medical devices meet these standards; thus manufacturers are required to label their products with information related to risks involved during use or disposal of the product along with contact details of manufacturer/distributor for queries regarding product usage or disposal procedures respectively. Such factors have ledto an increased demand for labels on medical devices which will eventually drive growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing adoption of medical devices and rising healthcare expenditure. In addition, presence of well-established healthcare infrastructure and high consumer awareness are some other factors that can be attributed for the large share of North America in global market.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving economic conditions, growing population base, advancements in healthcare infrastructure & facilities along with rising disposable income especially after 2020 when compared with 2016 levels are expected favorably impact overall demand for medical devices leading to increased exports from developed countries such as U.S., Germany and Japan which will drive regional growth over next eight years – 2030 – 2030).
Growth Factors:
- Increasing demand for medical devices due to the rise in incidence of chronic diseases
- Growing geriatric population and their increased demand for medical devices
- Technological advancements in medical device labeling that improve accuracy and efficiency
- Stringent government regulations on product labeling that mandate accurate and concise information
- Increased awareness among consumers about the benefits of using labeled medical devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Device Labeling Market Research Report
By Type
Pressure Sensitive Labels, Glue Applied Labels, Sleeve Labels, In Mold Labels, Others
By Application
Disposable Consumables, Monitoring & Diagnostic Equipment, Therapeutic Equipment
By Companies
M, Amcor, Mondi Group, Avery Dennison, Lintec, Huhtamaki Oyj, UPM Raflatac, CCL Industries, Schreiner Group, Denny Bros, M, Resource Label Group, Faubel & Co.Nachf, Tapecon, Weber Packaging Solutions, JH Bertrand, Coast Label
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Medical Device Labeling Market Report Segments:
The global Medical Device Labeling market is segmented on the basis of:
Types
Pressure Sensitive Labels, Glue Applied Labels, Sleeve Labels, In Mold Labels, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Disposable Consumables, Monitoring & Diagnostic Equipment, Therapeutic Equipment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M
- Amcor
- Mondi Group
- Avery Dennison
- Lintec
- Huhtamaki Oyj
- UPM Raflatac
- CCL Industries
- Schreiner Group
- Denny Bros
- M
- Resource Label Group
- Faubel & Co.Nachf
- Tapecon
- Weber Packaging Solutions
- JH Bertrand
- Coast Label
Highlights of The Medical Device Labeling Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pressure Sensitive Labels
- Glue Applied Labels
- Sleeve Labels
- In Mold Labels
- Others
- By Application:
- Disposable Consumables
- Monitoring & Diagnostic Equipment
- Therapeutic Equipment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Device Labeling Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical device labeling is the process of assigning a unique identifier to each medical device. This allows healthcare providers, patients, and researchers to track the safety and effectiveness of these devices.
Some of the key players operating in the medical device labeling market are M, Amcor, Mondi Group, Avery Dennison, Lintec, Huhtamaki Oyj, UPM Raflatac, CCL Industries, Schreiner Group, Denny Bros, M, Resource Label Group, Faubel & Co.Nachf, Tapecon, Weber Packaging Solutions, JH Bertrand, Coast Label.
The medical device labeling market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Device Labeling Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Medical Device Labeling Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Device Labeling Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Medical Device Labeling Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Medical Device Labeling Market Size & Forecast, 2020-2028 4.5.1 Medical Device Labeling Market Size and Y-o-Y Growth 4.5.2 Medical Device Labeling Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pressure Sensitive Labels
5.2.2 Glue Applied Labels
5.2.3 Sleeve Labels
5.2.4 In Mold Labels
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Disposable Consumables
6.2.2 Monitoring & Diagnostic Equipment
6.2.3 Therapeutic Equipment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Device Labeling Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Device Labeling Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pressure Sensitive Labels
9.6.2 Glue Applied Labels
9.6.3 Sleeve Labels
9.6.4 In Mold Labels
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Disposable Consumables
9.10.2 Monitoring & Diagnostic Equipment
9.10.3 Therapeutic Equipment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pressure Sensitive Labels
10.6.2 Glue Applied Labels
10.6.3 Sleeve Labels
10.6.4 In Mold Labels
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Disposable Consumables
10.10.2 Monitoring & Diagnostic Equipment
10.10.3 Therapeutic Equipment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pressure Sensitive Labels
11.6.2 Glue Applied Labels
11.6.3 Sleeve Labels
11.6.4 In Mold Labels
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Disposable Consumables
11.10.2 Monitoring & Diagnostic Equipment
11.10.3 Therapeutic Equipment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pressure Sensitive Labels
12.6.2 Glue Applied Labels
12.6.3 Sleeve Labels
12.6.4 In Mold Labels
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Disposable Consumables
12.10.2 Monitoring & Diagnostic Equipment
12.10.3 Therapeutic Equipment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pressure Sensitive Labels
13.6.2 Glue Applied Labels
13.6.3 Sleeve Labels
13.6.4 In Mold Labels
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Disposable Consumables
13.10.2 Monitoring & Diagnostic Equipment
13.10.3 Therapeutic Equipment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Device Labeling Market: Competitive Dashboard
14.2 Global Medical Device Labeling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Amcor
14.3.3 Mondi Group
14.3.4 Avery Dennison
14.3.5 Lintec
14.3.6 Huhtamaki Oyj
14.3.7 UPM Raflatac
14.3.8 CCL Industries
14.3.9 Schreiner Group
14.3.10 Denny Bros
14.3.11 M
14.3.12 Resource Label Group
14.3.13 Faubel & Co.Nachf
14.3.14 Tapecon
14.3.15 Weber Packaging Solutions
14.3.16 JH Bertrand
14.3.17 Coast Label