In-Vitro Diagnostics (IVD) Packaging - Global $8.8 Bn Market Trajectory & Analytics to 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "In-Vitro Diagnostics (IVD) Packaging - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global In-Vitro Diagnostics (IVD) Packaging Market to Reach $8.8 Billion by 2027

Amid the COVID-19 crisis, the global market for In-Vitro Diagnostics (IVD) Packaging estimated at US$6.7 Billion in the year 2020, is projected to reach a revised size of US$8.8 Billion by 2027, growing at a CAGR of 4% over the analysis period 2020-2027.

Bottles, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vials segment is readjusted to a revised 4.1% CAGR for the next 7-year period.

The U. S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 3.9% CAGR

The In-Vitro Diagnostics (IVD) Packaging market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 3.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Tubes Segment to Record 4.9% CAGR

In the global Tubes segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$981.2 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$988.9 Million by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• In-Vitro Diagnostics (IVD) Packaging Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

• Amcor Ltd.
• Bio-Rad Laboratories, Inc.
• Corning, Inc.
• Duran Group GmbH
• Greiner Packaging International GmbH
• Narang Medical Ltd.
• Sarstedt AG & Co.
• Wheaton Industries, Inc.
• WS Packaging Group, Inc.

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• World Current & Future Analysis for In-Vitro Diagnostics (IVD) Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World Historic Review for In-Vitro Diagnostics (IVD) Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
• World 15-Year Perspective for In-Vitro Diagnostics (IVD) Packaging by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/mkllcv