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Fairfield Market Research E14 9SZ London, United Kingdom http://www.fairfieldmarketresearch.com
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Fairfield Market Research

Global Medical Packaging Market Should Grow to US$113.68 Bn in 2025 From US$75 Bn in 2019, Recording an Impressive 7.4% CAGR For the Period

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The consistently expanding medical industry, introduction of newer medical treatments and products, and growing overall medical spending of developed, developing, and underdeveloped nations account for the flourishing landscape of medical packaging worldwide. The global spending on medicines was recorded to be over US$1.25 trillion in the year 2020, which had the COVID-19 pandemic as one of the key contributing factors to it. However, the boost has certainly worked to the advantage of the global medical packaging market. A newly published intelligence study of Fairfield Market Research indicates that the market for medical packaging was around US$75 Bn in 2019, which
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