Global Injectable Packaging and Component Market: Size, Trends & Forecasts (2019-2023) May 2019
Global Injectable Packaging and
Component Market: Size, Trends & Forecasts
(2019-2023)
May 2019
Global Injectable Packaging and Component Market: Coverage
Executive Summary and Scope
Introduction/Market Overview
Global Market Analysis
Dynamics
Competitive Landscape
Company Profiles
Global Injectable Packaging and Component Market: Coverage
Attributes Details
Title Global Injectable Packaging and Component Market (2019-2023)
Coverage Global
Market Influencing Variables Growth Drivers, Challenges, Market Trends
Forecast Period of Market 2019-2023
Competition in the Market Dominated by major players.
Key Players West Pharmaceutical Services, Inc., Gerresheimer AG, Ypsomed Group, and Datwyler Holding Inc.
Scope of the Report
Global Injectable Packaging and Component Market
Packaging can be defined as all those activities associated with designing, assessing, and creating the container for a product. The mainpurpose of packaging any product is to protect it rom any physical damage and its reaction with external environment. The primaryadvantages of packaging include: protection, identification, information against the physical damage, and interruption of undesirablecomponent of the environment.
Pharmaceutical packaging is the cost-effective means of presentation, identification protection, information, compliance, and productstability. As pharmaceutical products are more prone to environmental factors, hence they are packaged into three stages: the primarypackaging, secondary packaging, and tertiary packaging. Every packaging has its own importance in pharmaceutical packaging line.Pharmaceutical packaging can be segregated into two: injectable drug packaging and non-injectable drug packaging.
Injectable drugs are more complex than non-injectable drugs and can be easily interfere with environmental factors. Therefore, anycontainer that comes in contact with the active ingredient must be proved to not impact the drug in any way. Packaging of injectable drugsshould be done in such a way that its components should not be interfere with outside environmental factors. Injectable packaging andcomponents products include ampules, vials, cartridges & prefilled syringe, seals etc.
The global injectable packaging and components market has increased over the years and is expected to grow in the next four years i.e.2019 to 2023, particularly due to rising drug consumption. The global injectable packaging and components market is supported byvarious growth drivers such as merging middle class in developing economies, rising share of injectables in drug pipeline, increase incancer incidence etc. Yet the stringent rules and regulations associated with drug packaging is obstructing the growth of the market.
Executive Summary
Global Injectable Packaging and Component Market
Market Overview
Global Packaging and Component Market
Global Injectable Packaging and Component Market
Pharmaceutical Glass Packaging and Component Market: Global Analysis
Global Pharmaceutical Glass Packaging and Component Market by Value
The global pharmaceutical glass packaging and component market was valued at US$...billion in 2018. The market is anticipated to grow and reach to US$....billion in 2023 from US$....billion in 2019. The market is estimated to grow at a CAGR of ….% over the years 2019 to 2023.
CAGRs
2014-2018 xx%
2019-2023 xx%
2014 2015 2016 2017 2018
US
$ B
illio
n
2019 2020 2021 2022 2023
US
$ B
illio
n
Pharmaceutical Glass Packaging and Component Market: Global Analysis
Segments Share
Injectable Packaging xx%
Non-Injectable Packagingxx%
Global Pharmaceutical Glass Packaging and Component Market by Segments; 2018
Injectable Packaging and Component Market: Global Analysis
Global Injectable Packaging and Component Market by Value
The global injectable packaging and component market by value was US$....billion in 2018, increased from US$... billion in 2014. The globalmarket by value is estimated to escalate to US$...billion by 2023 from US$.... billion in 2019. The global injectable packaging and componentmarket by value is likely to grow at a CAGR of …..% over the years 2019-2023.
CAGRs
2014-2018 xx%
2019-2023 xx%
2014 2015 2016 2017 2018
US
$ B
illio
n
2019 2020 2021 2022 2023
US
$ B
illio
n
Injectable Packaging and Component Market: Global Analysis
Segments Share
Prefilled Syringes/ Systems xx%
Cartridges xx%
Others xx%
Global Injectable Packaging and Component Market by Segments; 2018
Injectable Packaging and Component Market: Segment Analysis
Global Prefilled Syringes/Systems Market by Value; 2019-2023E (US$ Billion)
CAGRs
Prefilled Syringes/Systems xx%
Cartridges xx%
Global Cartridges Market by Value; 2019-2023E (US$ Billion)
2019 2020 2021 2022 2023
US
$ B
illio
n
2019 2020 2021 2022 2023
US
$ B
illio
n
Injectable Packaging and Component Market: Dynamics
Growth Driver
•Rising Drug Consumption
•Emerging Middle Class in Developing Countries
Challenges
•Stringent Regulations Associated with Pharmaceutical Packaging
Market Trends
•Introduction of New Products
•Growth of Generics
Injectable Packaging and Component Market: Competitive Landscape
Global Injectable Packaging and Component Market Share by Players; 2018
Pharma/Biotech In-House
Other
Becton, Dickinson, and Company
West Pharmaceuticals
Gerresheimer
Ypsomed
Datwyler