News
Stay Ahead with the Latest Industry Trends & Market Insights with Industry News 📰

Pharmaceutical Cartridges Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: January 2024 || SKU: MD7751
excelpdfpowerpoint
180 pages
Report Summary
Table of Contents
List of Tables & Figures
Get Free Sample

Get Expert Insights on Pharmaceutical Cartridges Market

Talk to analysts, not

Global Pharmaceutical Cartridges Market is Segmented By Type (Dual Chamber Cartridges, Large Volume Cartridges), By Material (Glass (Type I, Type II, Type III, Type IV, Type V), Plastic (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Other), Rubber), By Application (Ophthalmology, Respiratory, Neurology, Immunology, Cardiology, Diabetes, Dental, Others), By End-User (Pharmaceutical Industries, Biotechnology Companies, Homecare, Hospitals, Others),  and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Pharmaceutical Cartridges Market Overview

Global Pharmaceutical Cartridges Market reached US$ YY million in 2023 and is expected to reach US$ YY million by 2031, growing at a CAGR of YY% during the forecast period 2023-2030.

Pharmaceutical cartridges are glass containers of cylindrical shape, suitable for liquid or solid pharmaceutical dosage forms. Cartridges are generally designed for a specific apparatus such as pre-filled syringes and autoinjectors. 

Insulin , dental anesthesia and other emergency drugs for allergies can be placed in cartridges.  They offer reduced drug-container interaction, efficient container processing, high device compatibility and reliable point-of-use performance.

Pharmaceutical Cartridges Market Scope

Metrics

Details

CAGR

YY%

Market Size 

2022-2031

Market Estimation Forecast Period

2024-2031

Revenue Units

Value (US$ Mn) 

Segments Covered

Type, Material, Application, End-User

Regions Covered

North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Largest Region

North America

Fastest Growing Region

Asia-Pacific

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.

 

For more details on this report Request for Sample

 

Market Dynamics: Drivers & Restraints

Increase in investments in research and development 

The increase in the research and development, increase in technological advancements in drug delivery devices and rise in the chronic diseases is expected to drive the market growth. For instance, in May 2023, Cepheid opened their first manufacturing unit in India in Bengaluru. The 77,000 square-foot facility manufactures the company’s leading Xpert tuberculosis testing cartridges for India and other countries.

Additionally, 22 September 2022, the SCHOTT has deigned double-digit million Euro investment significantly to increase the production capacities for pharmaceutical cartridges in Hungary and China.

Moreover, SCHOTT invested double-digit million Euro in ready-to-use cartridge production. The investment is designed to increase the production capacity of ready-to-use cartridges in St. Gallen, Switzerland.The expansion is designed to break ground with glass-to-glass contact-free cartridge processing.

Thus, increase in the investments by the companies in order to develop the advanced cartridges is expected to drive the market growth.

Restraint

High cost of development

High manufacturing and developmental costs of the pharmaceutical cartridges can reduce the production and the high cost of the drugs that are to be given to the chronic diseased patients is expected to hinder the market growth. This can reduce the accessibility for the patients in developing and under developed countries.

Pharmaceutical Cartridges Market Segment Analysis

The global pharmaceutical cartridges market is segmented based on type, material, application, end-user and region.

Dual chamber cartridges segment accounted for 57.6% of the market share 

The two chambers of the dual chambered catridges are separated by a plunger and a system allows the two substances to be mixed or reconstituted right before administration. Dual chamber cartridges segment is expected to hold the dominant segment in the market share due to its dose accuracy and efficiency, patient conviniency.

They provide high stability and convenience to patients and doctors, thus significantly improving product quality, patient compliance. double chamber cartridges provide an interesting packaging option they contain two drug components in two consecutive chambers that are separated by a plunger. Thus, the above features are expected to hold the segment in the dominant position.

Pharmaceutical Cartridges Market Geographical Share

North America is expected to hold a significant position in the global pharmaceutical cartridges market share

North America is expected to hold a dominant position in the market growth owing to the increase in the pharmaceutical production, increasing prevalence of chronic diseases and increasing demand for the drugs etc. Advanced healthcare infrastructure in the region is also a factor that drives the market growth in the region. 

The increase in chronic conditions such as diabetes, cancer among others are increasing the demand for cartridges in the region. The increased launches of dual chambered cartridges and increased investments in research adn development are also factors driving the market growth.  For instance, according to the report by the CDC, it is estimated that every year approximately 1,958,310 new cancer cases are reported. 

COVID-19 Impact Analysis

COVID-19 had impacted the market growth positively. There is an increase in the growth of the market dure to the rapid development and deployment of COVID-19 vaccines and treatments have increased the demand for the cartridges. The increased government funding and also the increased demand for the healthcare infrastructure for the treatment of COVID-19 has driven the market growth.

Competitive Landscape

The leading companies with a significant market share include Nipro Corporation, Gerresheimer AG, Stevanato Group, Schott AG., Shandong Province Medicinal Glass Co., Ltd., Wellona Pharma, Livealth Biopharma Pvt Ltd., West Pharmaceutical Services, Inc., Zoic Biotech Private Limited and SiNi Pharma Pvt Ltd among others.

Why Purchase the Report?

  • To visualize the global pharmaceutical cartridges market segmentation based on type, material, application, end-user and region as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of pharmaceutical cartridges market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.

The global pharmaceutical cartridges market report would provide approximately 69 tables, 73 figures, and 180 Pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
Buy this report
Single User
$4350$3480
Multiple User
$4850$3880
Enterprise User
$7850$6280
Proceed to Buy
  Get Free Sample
  Customize Sample
  Demo Full Report
Chat on WhatsApp
Related Reports
packaging iconpackaging

Pharmaceutical Vials Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 September 18

Starting from

$4350

medical-devices iconmedical-devices

Insulin Pen Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2023 October 13

Starting from

$4350

WhatsApp