Pharmaceutical Cartridges Market

Pharmaceutical Cartridges Market by Materials (Glasses [Type 1, Type 2, and Type 3] and Plastics [Polypropylene, Cyclic Olefin Copolymer, Cyclic Olefin Polymer, and Polyethylene), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-937
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 187
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global pharmaceutical cartridges market size is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing prevalence of chronic diseases such as diabetes and arthritis. These cartridges offer several advantages such as improved damage resistance, chemical durability, and precise drug delivery.
 

Pharmaceutical Cartridges Market Key Takeaways


Cartridges are small types of containers that normally fill chemical drugs or medicines that is stored within them and used for treatment of several chronic illness. Pharmaceutical cartridges are safe and suited for long-term storage without changing the chemical formulation of the medications as they have tight dimensional tolerances. Furthermore, it ensures a more efficient line of operations by lowering the risk of damage while transporting and delivering drugs. Different sizes and capacities of pharmaceutical cartridges are available as per the nature of the medications and requirement of different treatment types. With the advancement of several innovative techniques, the key tasks such as cleaning, siliconization, sterilization, filling, stoppering, and sealing of cartridges are all completely converted into automated processes. Cartridges are generally offered for pen injection systems widely adopted in anti-diabetes therapy including contemporary and human insulin or GLP-1 formulations and other biotech applications.

In order to sustain a steady growth rate in the coming years, major players in the pharmaceutical cartridges market are employing various methods such as innovation, market collaboration, research, and development. Several pharmaceutical companies are constantly working with packaging service providers to improve their products. Moreover, many key players have spent a large sum of money to conduct research and development with an aim to discover innovative and cost effective solutions of their products portfolios. Merck and Pfizer teamed up with Corning, a glass manufacturer, in July 2017 to develop a solution for injectable pharmaceuticals in vials and cartridges. As a result, all of these factors are projected to have a favorable impact on the market over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing prevalence of several chronic diseases such as oral conditions, diabetes, and arthritis are estimated to propel the market growth during the forecast period.
  • Development of various advanced variants of cartridges due to the wide adoption of new techniques and rising demand for instant-relief medications are key drivers for the market growth.
  • Rapid expansion of the pharmaceutical industry with extensive investment on R&D activities including drug testing and drug discoveries are major factors boosting the market growth.
  • Introduction of cartridges for the self-help treatment and wide popularity of home-setting pharmaceutical devices or kits present key opportunities that can propel the market expansion during the forecast period.
  • Certain complications in the use of the cartridges are major challenges that can hamper the market growth during the forecast period.

Scope of the Report

The report on the global pharmaceutical cartridges market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Pharmaceutical Cartridges Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Material (Glasses [Type 1, Type 2, and Type 3] and Plastics [Polypropylene (PP), Cyclic Olefin Copolymer (COC), Cyclic Olefin Polymer (COP), and Polyethylene)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Gerresheimer AG; SCHOTT AG; West Pharmaceutical Services, Inc.; Merck KGaA; Stevanto Group; Transcoject GmbH; and Baxter International, Inc.

 

Market Segment Insights

Glass segment is projected to account for a key market share
Based on materials, the pharmaceutical cartridges market is bifurcated into glasses and plastics. The glasses segment is further divided into type 1, type 2, and type 3. The plastic segment is further classified as polypropylene (PP), cyclic olefin copolymer (COC), cyclic olefin polymer (COP), and polyethylene. The glass segment is expected to account for a key share of the market during the forecast period owing to its fine dimensional tolerances, thermal shock resistance, dependable integration with injection devices, and cosmetic tolerances. Within the segment, the type 1 segment is anticipated to expand at a rapid pace during the forecast period owing to wide range of applications and factors such as high damage resistance. However, the plastics segment is projected to constitute a large market share in the coming years owing to wide demand for polyethylene materials for various applications.
 

Pharmaceutical Cartridges Market By Materials


Asia Pacific is anticipated to dominate the market
On the basis of regions, the pharmaceutical cartridges market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market CAGR during the forecast period owing to rising awareness of advanced medications for disease treatments as well as the rising prevalence of chronic conditions in the region. According to a data published by the International Diabetes Federation, 82 million people in Southeast Asia were diagnosed with diabetes in 2017, with India alone accounting for 72,946,400 of those cases. Meanwhile, North America is expected to constitute a large market share in the coming years due to the rising cases of chronic disorders such as arthritis and obesity in the region. According to the Centers for Disease Control and Prevention (CDC), over 30.3 million people (9.4%) of all ages in the US had diabetes in 2017, and around 87.5% of adults had obesity in 2015. Such events are expected to increase demand for medication, particularly insulin, for the treatment of diabetes, thus boosting the regional market growth. Furthermore, the presence of key global players especially in the US acts as another major driver for the regional market growth.
 

Pharmaceutical Cartridges Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pharmaceutical Cartridges Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Pharmaceutical Cartridges Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Pharmaceutical Cartridges Market - Supply Chain
  4.5. Global Pharmaceutical Cartridges Market Forecast
     4.5.1. Pharmaceutical Cartridges Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Pharmaceutical Cartridges Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Pharmaceutical Cartridges Market Absolute $ Opportunity
5. Global Pharmaceutical Cartridges Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Pharmaceutical Cartridges Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Pharmaceutical Cartridges Demand Share Forecast, 2019-2026
6. North America Pharmaceutical Cartridges Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Pharmaceutical Cartridges Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Pharmaceutical Cartridges Demand Share Forecast, 2019-2026
7. Latin America Pharmaceutical Cartridges Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Pharmaceutical Cartridges Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Pharmaceutical Cartridges Demand Share Forecast, 2019-2026
8. Europe Pharmaceutical Cartridges Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Pharmaceutical Cartridges Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Pharmaceutical Cartridges Demand Share Forecast, 2019-2026
9. Asia Pacific Pharmaceutical Cartridges Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Pharmaceutical Cartridges Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Pharmaceutical Cartridges Demand Share Forecast, 2019-2026
10. Middle East & Africa Pharmaceutical Cartridges Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Pharmaceutical Cartridges Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Pharmaceutical Cartridges Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Pharmaceutical Cartridges Market: Market Share Analysis
  11.2. Pharmaceutical Cartridges Distributors and Customers
  11.3. Pharmaceutical Cartridges Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Gerresheimer AG
     11.4.2. SCHOTT AG
     11.4.3. West Pharmaceutical Services, Inc.
     11.4.4. Merck KGaA;
     11.4.5. Stevanto Group
     11.4.6. Transcoject GmbH
     11.4.7. Baxter International, Inc.
     11.4.8.  

Segments Covered in the Report
The global pharmaceutical cartridges market has been segmented on the basis of

Materials

  • Glasses
    • Type 1
    • Type 2
    • Type 3
  • Plastics
    • Polypropylene (PP)
    • Cyclic Olefin Copolymer (COC)
    • Cyclic Olefin Polymer (COP)
    • Polyethylene

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Gerresheimer AG
  • SCHOTT AG
  • West Pharmaceutical Services, Inc.
  • Merck KGaA;
  • Stevanto Group
  • Transcoject GmbH
  • Baxter International, Inc.


 

Key players competing in the pharmaceutical cartridges market include Gerresheimer AG; SCHOTT AG; West Pharmaceutical Services, Inc.; Merck KGaA; Stevanto Group; Transcoject GmbH; and Baxter International, Inc. To increase their market position, the majority of these organisations have implemented methods such as new product development, the formation of new manufacturing sites, and collaborations. Gerresheimer AG, for example, opened three specialist glassworks in China and two plants in India in August 2018 to address international and local demand for high-quality primary packaging for liquid and solid pharmaceuticals.
 

Pharmaceutical Cartridges Market By Key Players

Buy Report