A new analyst from Visiongain indicates that, in the Asia-Pacific region, increased drug production and infrastructure development will dominate growth. Outsourcing and medical tourism will support further growth opportunities.
In addition more developed markets will also see growth in medical packaging spend. A thriving middle class is likely to create a strong demand for healthcare packaging in developing countries. In more matured markets such as the US and Western Europe, an increasing ageing population will drive the growth of healthcare packaging.
The report, Global Healthcare Packaging Market 2013-2023, notes that healthcare packaging is a steady growth market as their constant demand for healthcare packaging.
“Being a vital industry, as emerging economies grow, demand for healthcare packaging will increase, further strengthening the market,” according to the study.
