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Injection Port Market Dynamic Growth Factors, and Outlook until 2031 | West Pharmaceutical Services Inc., Berry Global Inc., Sartorius AG, Corning Inc.

02-05-2024 07:37 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Injection Port Market Dynamic Growth Factors, and Outlook until

Market Overview:

Injection ports, also known as septums or septa, are used in bioprocessing applications to provide sealed access into vessels, bags, tubes, and other containers. They allow multiple injections while maintaining sterility.

Market Dynamics:

The growth of the injection port market is driven by the rising demand from the pharmaceutical industry. Pharmaceutical companies widely use bioreactors equipped with injection ports for research and production activities. Injection ports facilitate adding or withdrawing materials from the bioreactor without compromising its sterility. They enable multi-use entry thereby minimizing container openings and reducing chances of contamination. Moreover, increasing research in cell-based therapies is also contributing to market growth. Cell-based therapies require large number of bioreactors that utilize injection ports for cell cultivation and harvesting processes.

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Driver: Increasing aging population leading to rise in chronic diseases

The aging population across the globe is resulting in the increasing prevalence of chronic diseases such as diabetes, cardiovascular diseases and cancer. According to WHO, chronic diseases kill 41 million people each year, equivalent to 71% of all deaths globally. The rise in elderly people suffering from chronic conditions is expected to boost the demand for injectable drug delivery devices like prefilled syringes and autoinjectors for self-administration of drugs at home. This in turn is projected to fuel the growth of the injection port market since injection ports are crucial components used in prefilled syringes and autoinjectors.

Restrain: Stringent regulatory framework for drug delivery devices

The drug delivery device industry is highly regulated with respect to product design, performance testing and approval process. Regulatory bodies like FDA impose stringent norms and specifications that device manufacturers need to adhere to in order to ensure device safety and efficacy. Obtaining regulatory clearances involves significant costs and timelines which can restrain easy market entry for new players. Occasionally devices may have to be recalled or withdrawn if they fail to meet post-market surveillance requirements, thereby negatively impacting the injection port market.

Opportunity: Growing demand for biosimilars

The patent expiry of several blockbuster biologics is providing an opportunity for the entry of more affordable biosimilar products. According to estimates, biologics worth over $100 billion in global sales will come off-patent by 2025. This is expected to fuel the demand for prefilled syringes and autoinjectors for administering subcutaneous biosimilars. Since injection ports are critical components that enable drug filling and injection in such devices, their market too is forecasted to grow considerably with the rise in biosimilar drug development and commercialization across major markets.

Trend: Growing adoption of combination injection devices

Pharmaceutical developers are increasingly focusing on the design of value-added, user-friendly drug delivery systems that combine injections with other modes of administration. Some of the trends seen include combination inhalation-injection devices, jet injectors with needleless systems and wearable drug delivery patches with injection initiation mechanisms. Such combination devices offer additional capabilities and convenience of use. Their design requires integration of multiple components involving injection ports as well. This emerging adoption of combination injection systems will present attractive opportunities for injection port manufacturers in the coming years.

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Top Companies Covered In This Report:

◘ West Pharmaceutical Services Inc.
◘ Berry Global Inc.
◘ Sartorius AG
◘ Corning Inc.
◘ Gerresheimer AG
◘ SCHOTT AG
◘ Stevanato Group
◘ AptarGroup Inc.
◘ SGD Pharma
◘ Ompi - Stevanato Group
◘ DWK Life Sciences
◘ Nipro Corporation
◘ Nolato AB
◘ Terumo Corporation
◘ Qosina Corp.

Market Segmentation:

By Type: Re-sealable injection ports and Self-sealing injection ports

By Application: Pharmaceutical, Biotechnology, Medical devices, and Others

By Material: Silicone, Polyisoprene, Thermoplastic elastomers (TPEs), and Others

Geographic Covered in the Report:

‣ North America (USA and Canada)
‣ Europe (UK, Germany, France and the rest of Europe)
‣ Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
‣ Latin America (Brazil, Mexico, and the rest of Latin America)
‣ Middle East and Africa (GCC and rest of the Middle East and Africa)

Reason to Buy this Report:

■ Study of the impact of technological developments on the market and the emerging trends shaping the industry in the coming years.
■ Analysis of the regulatory and policy changes affecting the market and the effects of these changes for market participants.
■ Summary of the competitive landscape in the Injection Port market, including profiles of the key players, their market share, and strategies for growth.
■Identification of the major challenges facing the market, such as supply chain disruptions, environmental concerns, and changing consumer preferences, and analysis of how these challenges will affect market growth.
■Assessment of the potential of new products and applications in the market, and analysis of the investment opportunities for market participants.

Questions Answered by the Report:

(1) Which are the dominant players of the Injection Port Market?
(2) What will be the size of the Injection Port Market in the coming years?
(3) Which segment will lead the Injection Port Market?
(4) How will the market development trends change in the next five years?
(5) What is the nature of the competitive landscape of the Injection Port Market?
(6) What are the go-to strategies adopted in the Injection Port Market?

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Table of Contents

Chapter 1 Market Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Market Size Analysis from 2023 to 2030

Chapter 2 Competition by Types, Applications, and Top Regions and Countries
2.1 Market (Volume and Value) by Type
2.3 Market (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Worldwide Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Injection Port Sales, Consumption, Export, Import by Regions (2023-2023)
Chapter 5 North America Market Analysis
Chapter 6 Europe Market Analysis
Chapter 7 Middle East and Africa Market Analysis
Chapter 8 Asia Pacific Market Analysis
Chapter 9 Latin America Market Analysis
Chapter 10 Company Profiles and Key Figures in Injection Port Business
Chapter 11 Market Forecast (2023-2030)
Chapter 12 Conclusions

🎯 Contact Us:
Mr. Shah
Coherent Market Insights Pvt. Ltd,
📞Phone: U.S.: +1-206-701-6702
📞U.K.: +44-020-8133-4027
📞JAPAN: +81-50-5539-1737
📞INDIA: +91-848-285-0837
✉ Email: sales@coherentmarketinsights.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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