Global Medical Device Labelling Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026

MarketResearch.biz delivers in-depth insights on the global medical device labelling market in its upcoming report titled, “Global Medical Device Labelling Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2026”. The global medical device labelling market is estimated to register a CAGR of XXX% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global medical device labelling market report has been segmented on the basis of label type, material type, application, and region.

With the large variety of device and diagnostics in the market, and the ongoing development of new products, patients and healthcare professionals, the need to understand how to handle and utilize medical device safely is inclining. The information is conveyed through labels with instructions for use. Labels also serve benefits to health authorities, manufacturers and professionals to track products entire life-cycle. Labelling helps identify a device, its manufacturer and information to communicate regarding concerns about safety, how-to-use and performance. With the release of the FDA UDI rule in 2013, device and diagnostic corporations has been able to overcome the challenge of developing new strategies that include UDI feature in labels along with implementing the technology. The medical device labelling contains some key elements such as device description, indication for use, contraindications, warnings and precautions, anticipated adverse event information, summary of clinical studies (if applicable), patient selection and treatment recommendations, storage and handling information.

Key factor expected to drive growth of the global medical device labelling market is increasing demand from end-use industries of medical devices. In addition, government initiative, rising population, rising globalization, increasing cross border trading, rules and regulations specified by the regulatory authority U.S. Food and Drug Administration (FDA) are the factors anticipated to propel growth of the global medical device labelling market.

The increasing awareness about the need for information regarding device, its safety and effective usage is also expected to propel the growth of the global medical device labelling market. Key players are currently focusing on designing medical device label in multi-language to overcome the challenge faced during cross border trading of medical device.

The market in North America is expected to dominate of the global medical device labelling market, owing to significant investments in R&D activities by governments and other agencies of various countries in this region and presence of major key players in medical device sector in this region. The market in Asia Pacific is expected to be an emerging market for medical device labelling, due to increasing disease burden of chronic diseases, coupled with increasing utilization of medical devices in countries in the region.

Global Medical Device Labelling Market Segmentation:

Segmentation by label type:

• Pressure Sensitive Labels
• Glue Applied Labels
• Sleeve Labels
• In Mold Labels
• Others (including thermal transfer labels etc.)

 Segmentation by material type:

• Paper
• Plastics
• Others (including cast gloss paper etc.)

 Segmentation by application:

• Disposable Consumables
• Monitoring & Diagnostic Equipment
• Therapeutic Equipment

 Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa