Global Pharmaceutical Cartridges Market.
Global Pharmaceutical Cartridges Market was valued at US$ 1,306.87 Mn in 2021, estimated to reach US$ 2,155.23 Mn in 2027, with a CAGR of 6.77% from 2022-2027.
Pharmaceutical cartridges are glass containers with a cylindrical shape that work well for dosages of pharmaceuticals in either liquid or solid form. In general, these are made for particular devices like auto injectors and pre-filled syringes. Using pharmaceutical cartridge filling equipment, medications such as insulin, dental anesthesia, and other emergency allergy medications can be put into cartridges.
Market Drivers
Rising demand for packaging solutions is accelerating the market
The pharmaceutical packaging cartridge market is expected to experience high growth during the projected period due to the rising demand for packaging solutions that are effective in preventing medication contamination.
Thus, the market demand is being stimulated by the expanding pharmaceutical packaging sector. During the forecast period, the prevalence of chronic diseases is expected to increase. The need for pre-fillable syringe-based insulin delivery systems is increasing as diabetes rates around the world rise.
Market challenges
The pharmaceutical cartridges market would face significant challenges due to the strict rules for pharmaceutical packing. Pharmaceutical packaging suppliers who sell packaging materials must obtain several permits for their goods. By doing this, the possibility of pharmaceutical products being adulterated is eliminated.
The packing material's direct touch with the medications could result in adulteration. The supplier must provide a Certificate of Analysis (COA) or Certificate of Certification (COC) for each flexible packaging material used in pharmaceutical packaging. The certification procedures examine the environmental effects of each packaging material both during use and after disposal. Numerous countries have commissioned various regulations to reduce packaging waste.
Impact of COVID-19 On Market
Demand for pharmaceutical packaging has increased as a result of the creation of numerous new medications to stop the spread of COVID-19 (including pharmaceutical cartridges). A favourable market environment for pharmaceutical cartridges has resulted from the availability of government aid to enhance the manufacture of numerous pharmaceutical medications & goods.
The expansion of production facilities by pharmaceutical firms during COVID-19 is driving the global market, according to a demand analysis of the pharmaceutical cartridges industry. According to a sales analysis of the pharmaceutical cartridges industry, the rise in the trade of different medicinal items during the pandemic is also increasing the need for pharmaceutical cartridges.
Market Segmentation
The Global Pharmaceutical Cartridges Market is segmented into Type, Capacity. By Type such as Glass, Plastic. Further, market is segmented into By Capacity such as Below 5 ml, 50-250 ml, Above 250 ml.
Regional Analysis
Global Pharmaceutical Cartridges Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in North America is projected to dominate the Global Pharmaceutical Cartridges market due to an increase in the Glass and Plastic segment in the region. According to the Centers for Disease Control and Prevention (CDC), approximately 30.3 million people (9.4%) of all ages in the United States suffered from diabetes in 2017, and approximately 87.5% of adults suffered from obesity in 2015.
Asia Pacific is expected to exhibit the fastest growth due to the substantial presence of large corporations in this area and the rising incidence of chronic diseases.
Key Players
Various key players are listed in this report such as AptarGroup Inc, Baxter International Inc, Gerresheimer AG, Maquinaria Industrial Dara SL, Merck KGaA, SCHOTT AG, Stevanato Group S.p.A, Transcoject GmbH, West Pharmaceutical Services Inc
Market Taxonomy
By Type
By Capacity
By Region
Key Questions Addressed by the Report
Global Pharmaceutical Cartridges Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Pharmaceutical Cartridges Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Pharmaceutical Cartridges Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Pharmaceutical Cartridges Market Share Analysis, By Type
5.3 Global Pharmaceutical Cartridges Market Size and Forecast, By Type
5.3.1 Glass
5.3.1.1 Type 1
5.3.1.2 Type 2
5.3.1.3 Type 3
5.3.2 Plastic
5.2.2.1 Polypropylene (PP)
5.2.2.2 Cyclic Olefin Copolymer (COC)
5.3.2.3 Cyclic Olefin Polymer (COP)
5.3.2.4 Polyethylene
6 Global Pharmaceutical Cartridges Market, By Capacity
6.1 Y-o-Y Growth Comparison, By Capacity
6.2 Global Pharmaceutical Cartridges Market Share Analysis, By Capacity
6.3 Global Pharmaceutical Cartridges Market Size and Forecast, By Capacity
6.3. 1 Below 5 ml
6.3.2 50-250 ml
6.3.3 Above 250 ml
7 Global Pharmaceutical Cartridges Market, By Region
7.1 Global Pharmaceutical Cartridges Market Share Analysis, By Region
7.2 Global Pharmaceutical Cartridges Market Share Analysis, By Region
7.3 Global Pharmaceutical Cartridges Market Size and Forecast, By Region
8 North America Pharmaceutical Cartridges Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Pharmaceutical Cartridges Market Share Analysis, By Type
8.3 North America Pharmaceutical Cartridges Market Size and Forecast, By Capacity
8.4 North America Pharmaceutical Cartridges Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Pharmaceutical Cartridges Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Pharmaceutical Cartridges Market Share Analysis, By Type
9.3 Europe Pharmaceutical Cartridges Market Size and Forecast, By Capacity
9.4 Europe Pharmaceutical Cartridges Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Pharmaceutical Cartridges Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Pharmaceutical Cartridges Market Share Analysis, By Type
10.3 Asia Pacific Pharmaceutical Cartridges Market Size and Forecast, By Capacity
10.4 Asia Pacific Pharmaceutical Cartridges Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Pharmaceutical Cartridges Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Pharmaceutical Cartridges Market Share Analysis, By Type
11.3 Latin America Pharmaceutical Cartridges Market Size and Forecast, By Capacity
11.4 Latin America Pharmaceutical Cartridges Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Pharmaceutical Cartridges Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Pharmaceutical Cartridges Market Share Analysis, By Type
12.3 Middle East Pharmaceutical Cartridges Market Size and Forecast, By Capacity
12.4 Middle East Pharmaceutical Cartridges Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 AptarGroup Inc
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Baxter International Inc
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Gerresheimer AG
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Maquinaria Industrial Dara SL
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Merck KGaA
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 SCHOTT AG
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Stevanato Group S.p.A
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Transcoject GmbH
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 West Pharmaceutical Services Inc
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies