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Depyrogenated Sterile Empty Vials Market Growth Accelerates: Strategic Forecast Predicts $5.14 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Depyrogenated Sterile Empty Vials Industry Market Size Be by 2025?
The market size for depyrogenated sterile empty vials has seen a consistent expansion in the past few years. The market, valued at $3.63 billion in 2024, is forecasted to increase to $3.79 billion in 2025 with a 4.4% compound annual growth rate (CAGR). Factors contributing to this growth during the historical period include an upsurge in pharmaceutical manufacturing, stricter regulatory standards, an emphasis on drug purity and stability, a rise in contract manufacturing, broadening of clinical trials, the launch of high-priced biologics, heightened focus on patient safety, and a shift towards ready-to-use components.
What's the Long-Term Growth Forecast for the Depyrogenated Sterile Empty Vials Market Size Through 2029?
The market size for depyrogenated sterile empty vials is predicted to enjoy robust growth in the coming years, expanding to $5.14 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 7.9%. Various factors contributing to this growth during the forecast period include a focus on developing sophisticated drug delivery systems, intensifying regulatory stress on container closure integrity, a rising inclination towards personalized medicine, growth of biomanufacturing facilities, concentration on sustainable packaging, increasing adoption of digital supply chain management, and a demand surge for high-value oncology drugs. Forecasted trends for the period includes adoption of single-use technologies, biological drug development, an emphasis on quality by design (QBD) methodologies, the use of biodegradable and eco-friendly materials, increased digitalization in supply chain management, innovative smart packaging technologies, advancements in aseptic filling technologies and more collaborations and partnerships.
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What Are the Key Growth Drivers Fueling the Depyrogenated Sterile Empty Vials Market Expansion?
The global rise in infectious diseases is anticipated to fuel the expansion of the depyrogenated sterile empty vials market. These diseases encompass conditions resulting from harmful microbes such as bacteria, viruses, parasites, and fungi. Depyrogenated sterile vials are employed for the containment of injectable medicines used in treating such diseases. They are also utilized in gathering samples in laboratories. For instance, the UK government's Health Security Agency reported in February 2024 that tuberculosis (TB) cases in England witnessed a 10.7% surge in 2023 as compared to 2022, rising from 4,380 to 4,850 cases. Hence, the escalating occurrence of infectious diseases worldwide is expected to spur the growth of the depyrogenated sterile empty vials market.
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What Are the Key Trends Driving Depyrogenated Sterile Empty Vials Market Growth?
The progressive development of technology is becoming a prominent trend in the depyrogenated sterile empty vials market. Prominent market players are leveraging these technological advancements to improve the quality of their depyrogenated sterile empty vials and maintain their market position. An instance of this is the partnership between Gerresheimer AG, a German drug packaging firm, and Stevanato Group S.p.A., an Italian company specializing in drug containment, delivery, and diagnostic solutions. In November 2022, they introduced the EZ-fill Smart platform. This new ready-to-fill solution for the global vial market is designed to elevate drug packaging quality, minimize total ownership costs, and expedite lead times for clients. The EZ-fill Smart platform, an enhancement of Stevanato Group's original EZ-fill platform, offers significant improvements that can dramatically enhance customer product offerings in response to the rising demand for ready-to-use vials.
How Is the Depyrogenated Sterile Empty Vials Market Segmented?
The depyrogenated sterile empty vials market covered in this report is segmented -
1) By Product: 2 ML, 5 ML, 10 ML, 20 ML, >20 ML
2) By Packaging: Glass, Plastic
3) By End User: Clinical Labs, Compounding Labs, Pharmaceutical Companies, Contract Manufacturing Organization, Distributors
Subsegments:
1) By 2 ML: Single-Use Vials, Multi-Dose Vials
2) By 5 ML: Single-Use Vials, Multi-Dose Vials
3) By 10 ML: Single-Use Vials, Multi-Dose Vials
4) By 20 ML: Single-Use Vials, Multi-Dose Vials
5) By >20 ML: Single-Use Vials, Multi-Dose Vials
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Which Companies Are Leading the Charge in Depyrogenated Sterile Empty Vials Market Innovation?
Major companies operating in the depyrogenated sterile empty vials market are APG Pharma, Corning Inc., DWK Life Sciences, Nipro PharmaPackaging, Schott AG, Thermo Fisher Scientific, Gerresheimer AG, Stevanato Group, SGD Pharma, Merck KGaA, SiO2 Materials Science, Shandong Pharmaceutical Glass Co. Ltd., West Pharmaceutical Services Inc., Ompi Srl, AptarGroup Inc., Pacific Vial Manufacturing Inc., Adelphi Healthcare Packaging Limited, Acme Vial and Glass Company LLC, Amposan S.A., BMT Corporation, Cangzhou Four Stars Glass Co. Ltd., Ciron Drugs & Pharmaceuticals Pvt. Ltd., Zhejiang Pharmaceutical-Packaging Co. Ltd., Verpakkingsindustrie B.V.,
Which Regions Are Leading the Global Depyrogenated Sterile Empty Vials Market in Revenue?
North America was the largest region in the depyrogenated sterile empty vials market in 2024. The regions covered in the depyrogenated sterile empty vials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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