Technological advancements drive medical device packaging in North America, report says

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The market for medical device packaging in North America is highly competitive with a large number of participants vying to establish their presence. Recent times have seen increase in demand for surgical and implant devices which is consecutively driving this market. The continuous technological advancements in the medical device market coupled with rising aging population provide wide opportunities for growth in this market. New analysis from Frost & Sullivan, North American Medical Device Packaging Market, reveals that the market earned revenues of $569 million in 2006 and is estimated to reach $918.8 million in 2013.