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Flexible packaging for medical devices must withstand a rigorous and complex sterilization process in order to ensure sterility and safety. With demand for sterile packaging increasing on regulations like EU MDR and ISO 11607, as well as heightened PPE demand from the global Covid pandemic, the sterile medical packaging market size is estimated to grow at a CAGR (compound annual growth rate) of 9.4% from 2020’s $36.9 billion to $57.7 billion in 2025.*
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*Source: Markets and Markets