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Key Market Insights
§ More than 80companies presently claim to have the required expertise to design andmanufacture different types of labels, using both conventional advancedprinting methods, for use in medical devices
§ The market landscapeis fragmented, featuring the presence of both established players and newentrants; most medical device label manufacturing companies are located inNorth America
§ Label manufacturersare steadily expanding their capabilities in order to enhance their respectiveservice portfolios and upgrade their capabilities to comply to evolvingindustry benchmarks
§ Digital printingtechnologies have gradually become on of the much sought-after solutions inthis industry; further, there are a variety of upcoming opportunities that areanticipated to sustain growth in this domain
§ Acquisitions in thisdomain are largely driven by efforts to enhance the technology portfolio oflabel manufacturers; key value drivers include geographical consolidation andcapability addition
§ Driven by a growingdemand for different types of labels, the medical device label manufacturingmarket is likely to grow at a steady pace over the coming years
§ The forecasted futureopportunity is anticipated to be distributed across different types of labelingmaterials used, diverse device classes and application areas
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Contact Details
Gaurav Chaudhary
+1 (415) 800 3415
gaurav.chaudhary@rootsanalysis.com
