JERSEY CITY, N.J., Oct. 25, 2023 /PRNewswire/ -- InsightAce Analytic Pvt. Ltd. announces the release of the market assessment report on
"Global Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market Size, Share & Trends Analysis Report By Type of Container (Sterile Cartridges, Sterile Syringes, and Sterile Vials), Type of Closure (Caps, Plungers, Seals, Stoppers, Tip Caps / Needle Shields), Material of Fabrication (Aluminum, Glass, Plastic, and Rubber)-Market Outlook And Industry Analysis 2031."
InsightAce Analytic Pvt. Ltd
According to the latest research by InsightAce Analytic, the global Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market size is valued at
US$ 8.42 Bn in 2022, and it is expected to reach
US$ 14.23 Bn in 2031, recording a promising
forecast period of 2023-2031.
The primary packaging of drugs and vaccines is important in ensuring their integrity, quality and protecting them from contaminants. Hence, sterilization is essential in pharmaceutical manufacturing because it helps maintain product safety and adhere to strict quality standards. This has increased the importance of pre-sterilized/ready-to-use containers in pharmaceutical packaging. Ready-to-use vials eliminate the need for in-house sterilization processes, reducing contamination risks and production timelines. The surging demand for safe drug delivery systems has enhanced the growth of the Pre-Sterilized/Ready to Use Pharmaceutical packaging market.
Recent advances in packaging materials and technologies have resulted in innovative solutions offering high drug compatibility, stability, and barrier properties. The advantages offered by empty sterile vials and syringes, and their increasing demand in the healthcare sector, specifically after the COVID-19 pandemic, have prompted manufacturers to implement advancements that are likely to propel the market growth during the forecast period. Request for Sample Pages:
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players in the Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market are:
ALK Life Science Solutions
Disposable-Lab (Acquired by Amatsigroup)
Jiangsu Hualan New Pharmaceutical Material
Kawasaki Heavy Industries
Klenzaids Contamination Controls
Ningbo Zhengli Pharmaceutical Packaging
Ott (Acquired by Datwyler Group)
Prince Sterilization Services
Qingdao Huaren Medical Product
Toxikon Europe (Acquired by Sterigenics International)
Vaccines Manufacturing and Innovation Centre
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Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market Report Scope
The main factors responsible for driving the Pre-Sterilized/Ready to Use Pharmaceutical packaging market are increasing preference towards patient safety and rising importance for sterility and integrity of pharmaceutical products. In addition, strict regulatory guidelines set by regulatory agencies such as the FDA and EMA play an essential role in booming the demand for pre-sterilized pharmaceutical packaging. Moreover, the complex manufacturing of advanced therapies such as cell and gene therapies led to a surge in the need for suitable containers for ATMP aseptic filling & finishing. The addition of RTU (ready-to-use) packaging into the pharmaceutical industry ensures that the product is quickly available through the optimized supply chain. Further, the high demand for COVID-19 vaccines has boosted market growth, especially for sterile vials. North America captured the highest revenue share of the Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market in 2022 and is expected to continue its growth during the forecast period 2023-2031. This growth can be attributed to the increasing demand for pharmaceutical products, well-developed healthcare infrastructure, and rising government efforts and investments in developing pharmaceutical facilities. Besides, the Asia Pacific region is anticipated to grow faster in the next few years.
Key developments in the market:
In June 2022, Schott invested multi-Bn euros to increase sterile RTU vials production at its facility in Pennsylvania, US. In March 2022, SGD Pharma introduced a 100 ml ready-to-use sterile glass vial, catering to the demand for small and large sterile vials. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on
Tip Caps / Needle Shields
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on
North America Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market Revenue (US$ Bn) by Country, 2023 to 2031
Europe Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market Revenue (US$ Bn) by Country, 2023 to 2031
Asia Pacific Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market Revenue (US$ Bn) by Country, 2023 to 2031
Latin America Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market Revenue (US$ Bn) by Country, 2023 to 2031
Middle East & Africa Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market Revenue (US$ Bn) by Country, 2023 to 2031
Rest of Middle East & Africa
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Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market
To receive an industry overview and future trends in the global Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market
To analyze the Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market drivers and challenges
To get information on the Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market size value (US$ Mn) forecast till 2031
Major Investments, Mergers & Acquisitions in the global Pre-Sterilized/Ready to Use Pharmaceutical Packaging Market industry
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Pharmaceutical Packaging Market Research Report 2023
Sustainable Pharmaceutical Packaging Market Research Report 2023
Pharmaceutical Plastic Bottles Market Research Report 2023
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