Europe medical grade paper market is expected to reach US$ 1,767.69 million by 2027 from US$ 1,311.60 million in 2019. The market is anticipated to grow at a CAGR of 3.9% from 2020 to 2027.
Sterility is required in every aspect of the medical industry, and the modern and advanced healthcare centers demand well-sterilized products. Sterility plays an essential role in preventing hospital-acquired infections while using any medical device. Therefore, to maintain sterility, safe, reliable, flexible, and easy to handle packaging is needed. Medical grade paper offers these properties.
Medical grade paper is usually made from cellulose as it offers excellent fibrous property that offers microbial resistance due to its property of making mesh like structure, which filter the impurity. In addition, at a low temperature, it prevents the proliferation of pests and avoids the need for fumigation; hence, it does not require any chemical treatment. Moreover, the medical grade paper made from cellulose shows resistance to both dry and wet conditions due to high mechanical strength. Thus, it withstands the sterilization processes by steam, ethylene oxide, and gamma rays.
Likewise, technological advancement has offered different materials to make papers for the medical industry. The materials, such as polymer and latex, are used for packaging. These materials offer easy peeling. They are in high demand for making pouches and in lidding. Packaging done with polymers does not lose its porosity during the steam sterilization or ethylene oxide sterilization process. Thus, due to the above mentioned factors, there is an increase in demand for these materials from hospitals, primary healthcare centers, and specialty clinics. Also, increase in number of hospitals consuming medical devices and consumables is further expected to continue the market growth in the coming future.
Based on product, the Europe medical grade paper market is segmented into kraft paper and sack paper. In 2019, the kraft paper accounted for the highest share, and it is expected to dominate the market in the coming future. The segment’s growth is majorly driven by the property of kraft paper that resists microbial contamination. Its ability to withstand the rigorous processing requirements of packaging converters and sterilization are likely to influence the segment’s growth.
Based on application, the European medical grade market is segmented into steam sterilization, ethylene oxide sterilization, formaldehyde sterilization, and irradiation sterilization. The ethylene oxide sterilization segment held the largest share of the market in 2019. The same segment is estimated to register the highest CAGR in the market during the forecast period.
Based on end user, the Europe medical grade paper market is segmented into hospitals, diagnostic and research centers, pharmaceutical industry, and others. The pharmaceutical industry segment held the largest share of the market in 2019. Also, the segment is estimated to register the highest CAGR in the market during the forecast period.
European Union Medical Device Regulation, National Health Service, and European Union and National Science Foundation are among the major primary and secondary sources for the Europe medical grade paper market.