The
global Pharmaceutical Cartridges Market size is expected
to reach USD 2.4 billion by 2030, according to a new report by Grand View
Research, Inc. The market is estimated to grow at a CAGR of 8.05% during the
forecast period. Increasing awareness of pharmaceutical cartridges in the
packaging industry and increasing demand for long-term storage of drugs for
travel purpose are propelling the market’s demand over the forecast period.
The
demand for drug delivery devices is anticipated to drive the need for
pharmaceutical cartridges. Drug delivery devices, such as pens, injectors, and
inhalers, are increasingly popular among patients and healthcare professionals
due to their ease of use & ability to improve medication adherence. Many of
these drug delivery devices require prefilled cartridges to administer
medications safely and accurately. For instance, a patient using an
autoinjector to deliver a life-saving medication like epinephrine would
typically use a prefilled cartridge containing the medication.
Insulin
therapy plays an important role in the treatment of diabetes. Thus, increasing
prevalence of diabetes may increase the demand for insulin therapy. Previously,
for insulin delivery, traditional packaging such as blister packs and
bottles were preferred but owing to several advantages, pharmaceutical
cartridges are preferred in recent times. It offers benefits such as accurate
and safe dosage, break-resistance and low residual volumes of drugs.
Furthermore, it also ensures on-time and safe delivery of medicines to the
patients. Therefore, such notable advantages offered by pharmaceutical
cartridges are expected to boost the market growth.
List of Key Players in the Pharmaceutical Cartridges
Market
- Stevanato
Group
- Nipro
Corporation
- Gerresheimer
AG
- West
Pharmaceutical Services, Inc.
- Schott AG
- Transcoject
GmbH
- Shandong
Medicinal Glass Co., Ltd.
- Dätwyler
Holding Inc.
- AptarGroup,
Inc.
- Sonata
Rubber
Related Press
Release@ Pharmaceutical Cartridges Market Report
Pharmaceutical Cartridges Market Report Highlights
- In terms of
revenue, the glass cartridges segment is projected to grow at the fastest
CAGR over the forecast period. Increasing prevalence of chronic diseases
across the globe and several advantages of glass cartridges over the
conventional ones might drive this segment’s growth over the forecast
period.
- North
America dominated the pharmaceutical cartridges market with the largest
share owing to the increasing cases of chronic diseases especially,
diabetes among all age groups.
- Based on the
end use, the pharmaceutical segment dominated the market with a share of
42.52% in 2022. This is attributed to factors such as growing innovation
in pharmaceutical packaging processes, rapid development of new
biologics, and rising number of medical research project.
Pharmaceutical Cartridges Market
Report Scope
|
Report Attribute |
Details |
|
Market size value in 2023 |
USD 1.4 billion |
|
Revenue forecast in 2030 |
USD 2.4 billion |
|
Growth rate |
CAGR of 8.05% from 2023 to 2030 |
|
Base year for estimation |
2022 |
|
Historical data |
2018 - 2021 |
|
Forecast period |
2023 - 2030 |
Pharmaceutical Cartridges Market Segmentation
Grand
View Research has segmented the pharmaceutical cartridges market report on the
basis of material type, application, chamber type, size, therapeutic area,
end-use, and region:
Pharmaceutical Cartridges Material Type Outlook (Revenue
USD Million; 2018 - 2030)
- Glass
Cartridges
- Type 1
- Type 2
- Type 3
- Plastic
Cartridges
- Polypropylene
(PP)
- Cyclic
Olefin Copolymer (COC)
- Cyclic
Olefin Polymer (COP)
- Polyethylene
- Rubber
Pharmaceutical Cartridges Application Outlook (Revenue
USD Million; 2018 - 2030)
- Dental
Anesthesia
- Pen
Injectors
- Autoinjectors
- Wearable
Injectors
Pharmaceutical Cartridges Chamber Type Outlook (Revenue
USD Million; 2018 - 2030)
- Dual Chamber
- Large Volume
Pharmaceutical Cartridges Size Outlook (Revenue USD
Million; 2018 - 2030)
- 0.5 ml
- 1.8 ml
- 2ml to 2.5
ml
- 3 ml
- 5 ml
- More than 10
ml
Pharmaceutical Cartridges Therapeutic Area Outlook
(Revenue USD Million; 2018 - 2030)
- Ophthalmology
- Respiratory
- Neurology
- Oncology
- Immunology
- Cardiology
- Diabetes
- Dental
- Others
Pharmaceutical Cartridges End-use Outlook (Revenue USD
Million; 2018 - 2030)
- Pharmaceuticals
- Biotechnology
- Research
Organizations
- Others
Pharmaceutical Cartridges Regional Outlook (Revenue, USD
Million; 2018 - 2030)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Latin
America
- Brazil
- Mexico
- Argentina
- Middle East
and Africa
- Saudi
Arabia
- South
Africa
- UAE
- Kuwait
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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