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Key Market Insights
§ More than 80 companies presently claim to have the requiredexpertise to design and manufacture different types of labels, using bothconventional advanced printing methods, for use in medical devices
§ The market landscape is fragmented, featuring the presenceof both established players and new entrants; most medical device labelmanufacturing companies are located in North America
§ Label manufacturers are steadily expanding theircapabilities in order to enhance their respective service portfolios andupgrade their capabilities to comply to evolving industry benchmarks
§ Digital printing technologies have gradually become on ofthe much sought-after solutions in this industry; further, there are a varietyof upcoming opportunities that are anticipated to sustain growth in this domain
§ Acquisitions in this domain are largely driven by effortsto enhance the technology portfolio of label manufacturers; key value driversinclude geographical consolidation and capability addition
§ Driven by a growing demand for different types of labels,the medical device label manufacturing market is likely to grow at a steadypace over the coming years
§ The forecasted future opportunity is anticipated to bedistributed across different types of labeling materials used, diverse deviceclasses and application areas
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Contact Details
Gaurav Chaudhary
+1 (415) 800 3415
