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Global Pharmaceutical Packaging Equipment Market Positive long-term growth outlook 2017-2022

10-06-2017 01:14 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Pharmaceutical Packaging Equipment Market ? Industry Trends and Forecast to 2024

Global Pharmaceutical Packaging Equipment Market ? Industry Trends and Forecast to 2024

Global Pharmaceutical Packaging Equipment Market By Product Type, Application , Drug Delivery ,Raw Material, Purchase Organization (Manufacturer, Packaging Companies, Government Agencies), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

This report consists of below pages:
• No of pages : 350 • No of Figures: 60 • No of Tables:250

Global Pharmaceutical Packaging Equipment Market is expected to grow at a CAGR of 7.20% during the forecast period of 2017 to 2024.The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Some of the major players operating in this market are
• I.M.A. Industria Macchine Automatiche S.p.A.,
• Bausch and Ströbel MaschinenfabrikIlshofen GmbHCo. KG,
• Robert Bosch GmbH,
• Körber AG,
• Marchesini Group S.p.A.,
• MULTIVAC, Uhlmann,
• OPTIMA Packaging Group GmbH,
• Romaco Group,
• Mg2 s.r.l,
• Accutek Packaging Equipment Companies, Inc.,
• ACG World
• Among others.

Global Pharmaceutical Packaging Equipment Market Key Drivers:

• Expansion in generics market
• Government initiatives to decrease the healthcare expenditure
• Low labor costs
• Increase in number of drug manufactures in Europe and North America region
• High costs on equipments
• Increase in regulatory norms
• Increasing cost pressure
• Implementation of revamped packaging techniques

The Global Pharmaceutical Packaging Equipment Market is segmented based on:
• product type,
• application,
• raw material,
• purchase organization
• geography

On the basis of application the global pharmaceutical packaging equipment market is classified into veterinary vaccines and drug delivery. Veterinary vaccines are further segmented into livestock vaccines, porcine vaccines, poultry vaccines, canine vaccines, feline vaccines, equine vaccines, aquaculture vaccines and others. Drug delivery is further segmented into oral drugs, pulmonary, transdermal, injectables, topical, nasal, ophthalmic, IV drugs and others.

On the basis of raw material, the global pharmaceutical packaging equipment market is segmented into high density polyethylene, polyester, polypropylene, low density polyethylene, polyvinyl chloride, other plastics/polymers, total plastics, paper & paperboard, glass, aluminum foil and others.

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On the basis of purchase organization, the global pharmaceutical packaging equipment market is segmented into manufacturer, packaging companies, and government agencies.

Based on geography, the global pharmaceutical packaging equipment market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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The Global Pharmaceutical Packaging Equipment Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pharmaceutical packaging equipment market for global, Europe, North America, Asia Pacific and South America.

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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge is an organization lead by well versed forecasters, analysts and researchers who indulge in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. Data Bridge aims to make your organization well acquainted with profound knowledge of the global and local market statistics.

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