Micro Packaging Market Growth Accelerated By Adoption Of Micro Packaging In Healthcare Industry

Micro Packaging Market Micro Packaging provides various benefits for pharmaceutical, medical device and diagnostics applications such as compact size, lightweight, hermetic sealing, and system integration capabilities. Advantages of micro packaging include precise portioning of drugs, improved reliability and shelf life of drug delivery devices and medical electronics. The global Micro Packaging Market is estimated to be valued at Us$ 1.46 Bn in 2023 and is expected to exhibit a CAGR Of 9.5% over the forecast period 2023 To 2030 , as highlighted in a new report published by Coherent Market Insights. Market key trends: Adoption of Micro Packaging in healthcare industry has accelerated in recent years. Growing demand for miniaturization of medical devices and wearable health monitors has driven the need for micro packaging solutions. Precise micro packaging allows fabrication of very small medical devices that can be attached or implanted in the body. It helps enable development of ...