The market for healthcare and laboratory labels is currently valued at US$ 9.2 billion and is anticipated to reach US$ 13.5 billion by 2030, growing at a CAGR of 4.9 percent. By 2030, it is anticipated that the market for healthcare and laboratory labels would be worth over US$ 13.5 billion, with the pharmaceutical industry serving as the primary driver of growth. During the forecast period, the market for healthcare and laboratory labels is anticipated to grow at a CAGR of 4.9 percent (2020-2030).
Clinical research is anticipated to have a significant impact in the growth of the healthcare and laboratory labels market. The development of novel medications and formulations has been prompted by the growing need for better healthcare services.
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Healthcare and laboratory labels market is projected to reach over US$ 13.5 Bn by 2030, with pharmaceutical industry being the end user at the growth forefront. Healthcare and laboratory labels market is projected to expand at CAGR of 4.9% during the forecast period (2020-2030).
The rising need for improved healthcare services has led to the development of new drugs and formulations and clinical research is forecast to play a prominent role in the growth of healthcare and laboratory labels market.
Competitive Landscape
The healthcare and laboratory labels market is a fragmented market. The key players operating in the market are focusing on expanding their reach globally, diversifying their product portfolio, and rapid product development to gain competitive edge.
Pdc Healthcare has its V-Notch Secondary Labels with BD Vacutainer Plus Plastic Tubes. They make way for appropriate label placement every time.
Top Key Players Covered-
- Avery Dennison Corporation
- CCL Industries Inc.
- 3M Company
- Multi-Color Corporation
- UPM Raflatac Corporation
- Brady Corporation
- Sato Holdings Corporation
- Weber Packaging Solutions, Inc.
- Schreiner Group GmbH & Co. KG
- Diagramm Halbach GmbH & Co. KG
- The Aenova Group
- Shamrock Labels
- Medline Industries, Inc.
- PlatinumCode
- United Ad Label
- Adampak Pte Ltd.
- Advance Labelling Systems Limited
- Majestic Labels CC
- QLM Label Makers Pte Ltd.
- Chicago Tag & Label, Inc.
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Key Segments Covered in healthcare and Laboratory Labels Industry Research
Market By End-user :
- Pharmaceuticals
- Nutraceuticals
- Medical Devices
- Blood Banks
- Hospital Services
- Laboratories
By Region :
- North America Healthcare and Laboratory Labels Market
- Latin America Healthcare and Laboratory Labels Market
- Europe Healthcare and Laboratory Labels Market
- East Asia Healthcare and Laboratory Labels Market
- South Asia Healthcare and Laboratory Labels Market
- Oceania Healthcare and Laboratory Labels Market
- Middle East & Africa (MEA) Healthcare and Laboratory Labels Market
The Healthcare and Laboratory Labels Market report provides insights on the following Point:
- Healthcare and Laboratory Labels Market Penetration: Provides comprehensive information on the market offered by the key players
- Healthcare and Laboratory Labels Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Healthcare and Laboratory Labels Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
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