Press release
Global Pharmaceutical Cartridges Market Size, Growth, In-depth Analysis, Research Report Forecast up to 2027: Stevanato Group and SCHOTT AG are key players.
The global pharmaceutical cartridges market is expected to reach a market size worth US$1.712 billion by 2027.One of the primary factors contributing to the growth of the market for pharmaceutical cartridges is the increase in the incidences of chronic diseases such as diabetes. In addition, the growing geriatric population and increasing healthcare expenditure in developed countries also support the demand for pharmaceutical cartridges during the forecast period. Furthermore, in addition to pharmaceutical organizations, cartridges are widely used in biotech corporations and biomedical research organizations, providing massive opportunities for key players.
The pharmaceutical cartridge market has been significantly boosted due to the rising incidences of chronic diseases such as diabetes.
Pharmaceutical cartridges are glass cylinders that can hold either liquid or solid dosage forms of medication. They are primarily made for pre-filled syringes and autoinjectors. Insulin, other emergency medications for allergies, and dental anesthetics, are examples of drugs that can be put in pharmaceutical cartridges. As a result, the growing prevalence of chronic diseases such as diabetes is one of the key determinants driving the market growth. The pharmaceutical packaging cartridge market is expected to grow during the projected period due to the rising need for packaging solutions that prevent medication contamination. In addition, the ever-increasing elderly population, along with age-associated diseases, are also fueling the demand.
Sample request or complete report can be purchased through the link below:
https://www.knowledge-sourcing.com/report/global-pharmaceutical-cartridges-market
The global pharmaceutical cartridges market is segmented into material, cartridge size, end user, and geography.
Based on the material of the pharmaceutical cartridge, the market is categorized into Plastic and Glass. The glass segment is expected to hold a significant market share among the abovementioned ones. The damage resistance properties and superior quality of glass are driving the growth of this segment. Glass cartridge demand is also anticipated to be fueled by its exact dimensional tolerances, resilience to thermal shock, and reliable integration with injection machines.
The cartridge size segmentation of the pharmaceutical cartridges market includes Less than 3ml, 3ml to 5ml, 5ml to 10ml, and Greater than 10ml. According to the analysis, the 3ml to 5ml segment is expected to have a significant market share during the forecasted period.
The pharmaceutical cartridge market is divided into three segments based on the end user: pharmaceutical companies, biomedical research organizations, and biotech companies. The pharmaceutical company segment is expected to hold a significant market share among all these mentioned above. In addition, pharmaceutical cartridges are a crucial component of many drug delivery systems. Therefore, the growing demand for drugs such as insulin and anesthesia, along with the booming drug delivery sector, is driving the growth of this segment.
The pharmaceutical cartridge market is divided geographically into North America, South America, the Middle East and Africa, Europe, and Asia Pacific. Out of all the geographical regions, North America is expected to have a significant market share in the global pharmaceutical cartridge market. A rising prevalence of chronic diseases such as diabetes and arthritis drives the demand for pharmaceutical cartridges in North American countries. The well-established healthcare & pharmaceutical industries and high expenditure in countries like the United States and Canada are also boosting the regional market's growth. Moreover, well-known biotech and biopharma companies are also driving market demand. The pharmaceutical cartridge market in North America is divided between these three countries: the US, Canada, and Mexico.
As a part of the report, the major players operating in the global pharmaceutical cartridge market that have been covered are Gerresheimer AG, Stevanato Group, SCHOTT AG, West Pharmaceutical Services, Inc., Transcoject GmbH, Sigma-Aldrich, Inc., Pierrel S.p.A. and Nipro Corporation.
This global pharmaceutical cartridge market has been analyzed into the following segments:
• By Material
o Glass
o Plastic
• By Cartridge Size
o Less than 3ml
o 3ml to 5ml
o 5ml to 10ml
o Greater than 10ml
• By End User
o Pharmaceutical Company
o Biotech Company
o Biomedical Research Organization
• By Geography
o North America
• USA
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• UK
• Germany
• France
• Spain
• Others
o Middle East and Africa
• UAE
• Israel
• Saudi Arabia
• Others
o Asia Pacific
• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others
Related Reports:
• Blood Glucose Test Strips Market: https://www.knowledge-sourcing.com/report/blood-glucose-test-strips-market
• Global Hypodermic Needle Market: https://www.knowledge-sourcing.com/report/global-hypodermic-needle-market
• X-Ray Devices Market: https://www.knowledge-sourcing.com/report/x-ray-devices-market
Contact Us:
Knowledge Sourcing Intelligence
Phone: +1-850-250-1698
E-Mail:info@knowledge-sourcing.com
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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