Press release
Pharmaceutical Cartridges Market: Industry Analysis, Opportunity Assessment and Forecast upto 2025
The global market for pharmaceutical cartridges represents manufacturers supplying clear or amber pharmaceutical cartridges. Pharmaceutical cartridges are made up of materials such as borosilicate glass of hydrolytic class I. Glass pharmaceutical manufacturers predominantly define the dynamics for the global market for pharmaceutical cartridges. The global pharmaceutical cartridges market serve extensive client base operating in the global pharmaceutical industry. Effective functionality of pharmaceutical cartridges due to the material and design properties of these cartridges has allowed pharmaceutical companies to deliver several products in convenient dispensing systems.
The global market for pharmaceutical cartridges is greatly influenced by capabilities of pharmaceutical manufacturers to produce precision quality pharmaceutical cartridges with adequate decoration options. Appropriate material and design elements of pharmaceutical cartridges are determined by the packaging requirement of various pharmaceutical products. The global market for pharmaceutical cartridges represents a healthy demand from pharmaceutical companies looking for ways to deliver products for convenient dispensing.
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Manufacturers operating in the pharmaceutical cartridges market are investing in good manufacturing practices (GMP) and technological resources of highest standards. High technological standards and assurance of precision in manufacturing capabilities allow pharmaceutical cartridges manufacturers to capture and retain high value business opportunities from new and existing clients. The pharmaceutical industry is characterized by business partnerships that are marked by long term relationships for high value contracts. Contract manufacturing organizations or CMOs manufacturing pharmaceutical cartridges have to deliver high standards of quality in order to continue delivering effective packaging solution.
Pharmaceutical cartridges are used for sterile packaging of pharmaceutical applications such as dental and injectable. Cartridges are popularly used for delivering injectable products through pen systems. Pen systems used for administering drugs are gaining popularly as patients are seeking ways to conveniently administer drugs themselves.
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Leading pharmaceutical packaging and glass packaging manufacturer Gerresheimer AG produces over one billion units of cartridges for dental systems and pen systems. Gerresheimer AG represents a significant share of the global market for pharmaceutical cartridges. In 2017, the global advanced delivery technologies manufacturer, Catalent, Inc. announced the acquisition of Cook Pharmica LLC which is an integrated provider of drug substance and drug product manufacturing. Cook Pharmica has a manufacturing facility in Bloomington, Indiana for producing sterile formulation across vials, prefilled syringes, and cartridges.
The global market for pharmaceutical cartridges is witnessing the growing trend towards the use of blow fill seal (BFS) technology for manufacturing plastic based pharmaceutical cartridges. Pharmaceutical cartridges made of glass are traditionally being consumed in the global market. The glass material segment of the pharmaceutical cartridges market is expected to sustain market preference among existing user base.
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Global Pharmaceutical Cartridges Market: Regional Outlook
Geographically, the global Pharmaceutical Cartridges market is segmented into 7 key regions including North America, Latin America, Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East and Africa (MEA).
Global Pharmaceutical Cartridges Market: Key Players
Some of the players operating in the global pharmaceutical cartridges market include Gerresheimer AG, Maquinaria Industrial Dara, Sl., The Pierrel Group, Pharma-Q, Vetter Pharma International GmbH, West Pharmaceutical Services, Inc., Shandong Pharmaceutical Glass Co Ltd, Catalent Pharma Solutions, Inc. and Bryllan LLC.
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