In-Vitro Diagnostics Packaging Market
In-vitro diagnostics help identify infections and diseases with the help of bodily fluids, tissues, bones, etc. The diagnostic method also aids in monitoring changes in body during drug therapies. In-vitro diagnostics consists of wide range of tests such as calibrators, reagents, DNA testing technology, kits, and simple tests.
In order to maintain the quality of tests and integrity of results, special packaging is required. The main aim of packaging is to protect samples and chemicals required to perform the test. Usually, packaging involves the use of bottles, boxes, bags, and plates.
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The packaging format of in-vitro devices should also comply with set of regulations formed by medical agencies. For example, FDA has fixed regulatory for packaging of tests. Also, government bodies are becoming strict with the increasing demand for in-vitro tests.
Greiner Holding AG, Bio-Rad Laboratories Inc., Thermo Fisher Scientific, Inc., Sarstedt AG & Co. KG, and WS Packaging Group are some of prominent players of the global in-vitro diagnostics packaging market.
Rising incidence of chronic disease is pushing the demand for in-vitro tests. People are adopting self-testing methods with increasing awareness about healthcare measures.
Also, adoption of self-testing practice is propelling the demand for right kind of packaging for in-vitro diagnostics. Manufacturing companies engaged in production of in-vitro diagnostics are taking special care in both manufacturing and packaging. Error at any of the ends will hamper the accuracy of the result.
At the same time, stringent regulations from government bodies are entailing the manufacturing companies to comply with the regulation. This is a result of rising demand for integrated healthcare systems.
The government in China is augmenting their expenditure in healthcare to focus primarily on public health. With the growing number of hospitals and healthcare facilities in China, increased investment in public health initiative is justified. Such a move by the Chinese is stimulating the in-vitro diagnostics packaging market there.
Apart from China, Japan and India are expected to offer promising opportunities for the regional in-vitro diagnostics packaging market.
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