From 2018 to 2028, the compound annual growth rate of the healthcare and laboratory labeling market will reach 4.6%-PharmiWeb.com

2021-12-13 20:48:10 By : Mr. Sam Lai

Labels are of great significance in the healthcare industry and laboratories because the key information contained in industry components can ensure their safe use and alert on related risks. A new research report recently released by Future Market Insights provides key insights into the global healthcare and laboratory labeling market.

According to the detailed research report entitled "2013-2017 Global Industry Analysis of Healthcare and Laboratory Labeling Market and 2018-2028 Opportunity Evaluation", the market is expected to develop steadily at a rate of 4.6% during the forecast period, reaching a market value of It will exceed US$8.3 billion by the end of 2028.

Global Healthcare and Laboratory Labeling Market: Segmentation Analysis

The report divides the global healthcare and laboratory labeling market into materials used to mark healthcare and laboratory labels. According to reports, paper is the leading market segment and is expected to exceed US$5.1 billion in market value by the end of 2028. However, in the future, the global healthcare and laboratory label market will also maintain the fastest growth rate in the upcoming polyester market, with a compound annual growth rate of 5.0% during the forecast period.

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The report also made clear and in-depth forecasts for markets in different regions. According to regional analysis, North America is expected to account for the highest value by the end of 2028. However, in terms of growth rate, India is expected to grow at the fastest rate, with a compound annual growth rate of 7.3% during this period. Forecast period.

Global Healthcare and Laboratory Labeling Market: Trends

The report provides an in-depth assessment of the major trends observed in the global healthcare and laboratory labeling markets that are most likely to affect market growth throughout the forecast period. The increasing demand for advanced pharmaceutical products to improve healthcare services has led to the development of new drugs and new formulations, and has promoted the clinical research market in Europe. This trend is expected to create sustainable market opportunities for pharmaceutical labeling, mainly due to the dominance of pharmaceutical manufacturers in Europe and the Asia-Pacific region.

Preview of the medical care and laboratory label market segmentation by product type-drugs, nutrition, medical devices, blood banks, hospital services, laboratory labels; materials-nylon, polyester, polyolefin, vinyl, paper, etc.; Regions-North America, Latin America, Western Europe, Eastern Europe, Southeast Asia and the Pacific, India, China, Japan, Middle East and Africa: https://www.futuremarketinsights.com/reports/healthcare-laboratory-labels-market

This dynamic trend in the global healthcare and laboratory labeling markets is also expected to make barcodes the focus of attention. With the increasing importance of products that are easy to view and identify, it is expected that barcodes using cryogenic bottles will appear. The barcode label includes printed features on both sides of the low-temperature vial to improve consumer readability. Low-temperature vial barcode scanning eliminates the problems caused when identifying stored content and eliminates sample repeatability.

The market trends mentioned in the report also highlight companies that are efficient enough to dominate the market during the forecast period. Some of the leading companies mentioned in the report are Multi-Color Corporation, UPM Raflatac, BRADY Germany, Diagramm Halbach GmbH & Co. KG, Schreiner Group GmbH & Co., The Aenova Group, Weber Packaging Solutions and Adampak Private Limited.

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