Parenteral Packaging Market Shows Incredible Growth 2026 By World's Key Vendors Gerresheimer AG, Schott AG, Becton, Unilife Corporation, Inc, Dickinson and Company, Ypsomed Holding AG, Terumo Corporation, and Ompi

Parenteral packaging is the process of packaging injectables or other fluids to keep its potency and therapeutic effectiveness intact throughout the time until the drug is administered. Parental packaging is required to protect the drugs from contamination due to microorganisms and from the aseptic administration to the patient. On the basis of materials, parenteral packaging market is segmented into plastic & polymer and glass segments. The plastic and polymer are more durable then glasses used for parenteral packaging. Eco-friendly materials such as bio-plastics made from plants, sugar bagasse, forest wood, recycled plastic, and palm leaf are also used for parenteral packaging.

The pharmaceuticals industry has witnessed significant technological advancements over the last few years. As a result, recent advancement in routes of drug administration is shaping the market demand for parenteral packaging.

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Market Dynamics:

Increase in the prevalence of Alzheimer’s disease (AD) and an aging population around the globe is expected to favor the growth in the parenteral packaging market. According to the World Health Organization (WHO), the AD cases worldwide was estimated to be around 47 million and it will increase around 75 million by 2030 and the number of cases is expected to triple by 2050, due to the high prevalence rate and lack of health care services in rural areas.

Increase in aging population and rise in demand for medication in the treatment of lifestyle diseases such as diabetes are the other factors leading to the increase in the use of parenteral drugs in developed and emerging economies. As per the SeniorCare, the U.S. aging population was estimated to be around 50,683,620 in 2016 and is expected to be around 71,453,471 by the year 2030. And according to the National Institute on Aging (NIA) population worldwide is around 8.5% and it will rise around 17% by the year 2050.

Market Taxonomy:

This report segments the global parenteral packaging market on the basis of product material and geography. On the basis of material, the market is categorized into glass, plastic& polymer PVC and polyolefin. Among these, the plastic& polymer segment dominates the parenteral packaging market throughout the forecast period. On the basis of packaging type, the market is segmented into the small volume and large volume parenteral. Among these type, the large volume parenteral holds the largest market share throughout the forecast period. On the basis of geography, the market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Among all regions, North America contributes the major market share, supported by increased incidence rate of chronic disease and growing inclination of the populace towards minimally invasive procedures.

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Key features of the study:

• This report provides an in-depth analysis of the parenteral packaging market and provides market size (US$ Mn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017–2025)
• It elucidates potential revenue opportunity across different segments and explains the attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the parenteral packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
• The parenteral packaging market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical device companies, new entrants, and financial analysts
• Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the parenteral packaging market

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This release was published on openPR.