Pharmaceutical Cartridges Market 2019 By Baxter Healthcare Corporation, Gerresheimer AG, Merck Group, Nipro Corporation, Pierrel group, Schott AG, SGD Pharma

the Global Pharmaceutical Cartridges Market is accounted for $0.93 billion in 2017 and is expected to reach $2.12 billion by 2026 growing at a CAGR of 9.6% during the forecast period. Some of the factors such as rising prevalence of chronic diseases, high technological advancements and growing demand for pharmaceuticals drug packaging products are driving the market growth. However, shifting consumers focus towards alternative drugs such as homeopathy and ayurveda are hindering the market growth.

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Pharmaceutical cartridges are used for sterilized packaging of pharmaceutical applications such as dental and injectable. Cartridges are commonly used for delivering injectable products during pen systems. Pen systems used for administering drugs are attainment popularly as patients are seeking ways to opportunely administer drugs themselves.

Based on Material Type, glass segment held considerable market share due to chemical resistivity of the glass, a glass is extremely resistive to pharmaceutical drugs for longer period of time. By geography, Middle East & Africa acquired the largest market share during the forecast period owing to technological developments in this region, rising number of pharmaceutical companies thus creating demand for the pharmaceutical packaging products and government in various African nation are majorly focusing on the pharmaceutical industry.

Some of the key players profiled in the Pharmaceutical Cartridges Market include Baxter Healthcare Corporation, Gerresheimer AG, Merck Group, Nipro Corporation, Pierrel group, Schott AG, SGD Pharma, Sigma-Aldrich Corporation, Stevanato Group, Transcoject GmbH and West Pharmaceutical Services, Inc.

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Market Segments:
Capacity Types Covered:
• Above 250ml
• 50-250ml
• 5-50ml
• Below 5ml

Material Types Covered:
• Plastic
• Glass

Applications Covered:
• Injectable Pen Systems
• Dental Systems
• Other Applications

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This release was published on openPR.