Global Pharmaceutical Cartridges Market is valued at approximately USD 1.30 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2023-2030. Pharmaceutical cartridges are specialized containers used in the pharmaceutical industry to store and deliver medications. They are designed to hold a precise volume of medication and provide a secure and convenient way to administer drugs. Pharmaceutical cartridges play a vital role in the safe and effective delivery of medications, particularly for injectable drugs. They provide a reliable means of storage, accurate dosing, and controlled administration, contributing to the overall quality and efficiency of pharmaceutical products. The Pharmaceutical Cartridges market is expanding because of factors such as the rising prevalence of chronic conditions and growing technological advancements in drug delivery devices.
The rising prevalence of various chronic conditions such as arthritis and diabetes is driving the adoption of pharmaceutical cartridges. Pharmaceutical cartridges are designed to deliver accurate doses, reducing the potential for dosing errors. This is especially crucial in conditions where medication adherence is critical, such as diabetes, arthritis, and other chronic conditions. According to the Centers for Disease Control and Prevention, in the year 2020, there were around 63 million people in the US diagnosed with arthritis which is expected to reach 78 million by the year 2045. Along with these, International Diabetes Federation’s Diabetes Atlas for 2021, reports that there were around 536,600,000 cases of diabetes worldwide in 2021, and that number is expected to rise to 783,700,000 by the year 2045. In addition, rising healthcare expenditure and growing government inclination toward domestic drug manufacturing are creating a lucrative opportunity for the market. However, the growing number of counterfeit products and challenges associated with glass surfaces stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Pharmaceutical Cartridges Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players and increasing prevalence of various chronic conditions, rising drug device development activities. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising diabetic populations, an increase in the number of product development activities, rising number of research and development activities in the region.
Major market player included in this report are:
Stevanato Group
Nipro Corporation
Gerresheimer AG
West Pharmaceutical Services, Inc.
Schott AG
Transcoject GmbH
Shandong Medicinal Glass Co., Ltd.
Dätwyler Holding Inc.
AptarGroup, Inc.
Sonata Rubber Pvt Ltd.
Recent Developments in the Market:
Ø In March 2023, PCI Pharma Services, a biopharmaceutical contract manufacturing partner, started a USD 50 million expansion project at its Illinois sterile injectables facility. In order to improve the facility’s capacity to accommodate injectable drug-device combo solutions, the project comprises the construction of a new facility..
Global Pharmaceutical Cartridges Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Material Type, Application, Chamber Type, Size, Therapeutic Area, End-use, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Material Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Glass Cartridges
Plastic Cartridges
Rubber Cartridges
By Application:
Dental Anesthesia
Pen Injectors
Autoinjectors
Wearable Injectors
By Chamber Type:
Dual Chamber
Large Volume
By Size:
0.5 ml
1.8 ml
2ml to 2.5 ml
3 ml
5 ml
More than 10 ml
By Therapeutic Area:
Ophthalmology
Respiratory
Neurology
Oncology
Immunology
Cardiology
Diabetes
Others
By End Use:
Pharmaceuticals
Biotechnology
Research Organizations
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa