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The depyrogenated sterile empty vials global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Depyrogenated Sterile Empty Vials Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The depyrogenated sterile empty vials market size has grown strongly in recent years. It will grow from $3.52 billion in 2023 to $3.73 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to rise in pharmaceutical manufacturing, stringent regulatory standards, focus on drug stability and purity, increase in contract manufacturing, expansion of clinical trials, introduction of high-value biologics, focus on patient safety, shift towards ready-to-use components.
The depyrogenated sterile empty vials market size is expected to see strong growth in the next few years. It will grow to $4.88 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to focus on advanced drug delivery systems, increasing regulatory emphasis on container closure integrity, rise in personalized medicine approaches, expansion of biomanufacturing facilities, focus on sustainable packaging, digitalization of supply chain management, demand for high-value oncology drugs. Major trends in the forecast period include single-use technologies, biological drug development, quality by design (qbd) approaches, biodegradable and sustainable materials, digitalization in supply chain management, smart packaging technologies, advancements in aseptic filling technologies, collaborations and partnerships, .
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Scope Of Depyrogenated Sterile Empty Vials Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Depyrogenated Sterile Empty Vials Market Overview
Market Drivers –
The increasing prevalence of infectious diseases across the globe is expected to propel the growth of the depyrogenated sterile empty vials market. Infectious diseases refer to conditions caused by harmful microorganisms such as bacteria, viruses, parasites, and fungi. Depyrogenated sterile vials are used for the storage of injectable medication involved in the treatment of infectious diseases. Additionally, depyrogenated sterile empty vials are also used for the collection of laboratory samples. For instance, in March 2022, according to the key facts published in 2022 by the World Health Organization (WHO), a UN agency responsible for international public health, it is estimated that there will be 1.3 to 4.0 million cholera cases every year, with 21, 000 to 143, 000 global fatalities as a result of cholera. At the end of 2021, there were an estimated 38.4 million individuals living with HIV. Therefore, the increasing prevalence of infectious diseases across the globe will drive the growth of the depyrogenated sterile empty vials market.
Market Trends –
Technological advancements have emerged as a key trend gaining popularity in the depyrogenated sterile empty vials market. Major companies operating in the depyrogenated sterile empty vials market are focused on incorporating advanced technologies in depyrogenated sterile empty vials for better quality and to sustain their position in the market. For instance, in October 2021, Gerresheimer, a Germany-based manufacturer of pharmaceutical packaging launched Gx RTF injection vials at the Pharmapack, an event for pharmaceutical packaging, drug delivery, medical devices, and machinery in Paris, France. The advanced vails are built from type I borosilicate glass and fulfill all current ISO standards and pharmacopeia criteria (USPh and Ph. Eur.). These are made in compliance with cGMP, then washed, put in trays, and sterilized. These are provided in various qualities such as Gx Elite, Gx Armor, and Gx Pharma Plus to satisfy industry quality requirements. These vials feature various filling and sealing technologies, and possible packaging options to provide sterile delivery, the highest quality standards, flexibility, and a simplified fill-and-finish process.
The depyrogenated sterile empty vials market covered in this report is segmented –
1) By Product: 2 ML, 5 ML, 10 ML, 20 ML, >20 ML
2) By Packaging: Glass, Plastic
3) By End User: Clinical Labs, Compounding Labs, Pharmaceutical Companies, Contract Manufacturing Organization, Distributors
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Regional Insights –
North America was the largest region in the depyrogenated sterile empty vials market in 2023. The regions covered in the depyrogenated sterile empty vials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the depyrogenated sterile empty vials market report are APG Pharma, Corning Inc., DWK Life Sciences, Nipro PharmaPackaging, Schott AG, Thermo Fisher Scientific, Gerresheimer AG, Radpharm Scientific, Stevanato Group, SGD Pharma, VWR International LLC, Merck KGaA, SiO2 Materials Science, Sigma-Aldrich, Shandong Pharmaceutical Glass Co. Ltd., Berry Global Inc., West Pharmaceutical Services Inc., Ompi Srl, AptarGroup Inc., Pacific Vial Manufacturing Inc., Adelphi Healthcare Packaging Limited, Acme Vial and Glass Company LLC, Amposan S.A., Akey Group LLC, BMT Corporation, Cangzhou Four Stars Glass Co. Ltd., Ciron Drugs & Pharmaceuticals Pvt. Ltd., Zhejiang Pharmaceutical-Packaging Co. Ltd., Verpakkingsindustrie B.V., Sisma S.p.A.
1. Executive Summary
2. Depyrogenated Sterile Empty Vials Market Report Structure
3. Depyrogenated Sterile Empty Vials Market Trends And Strategies
4. Depyrogenated Sterile Empty Vials Market – Macro Economic Scenario
5. Depyrogenated Sterile Empty Vials Market Size And Growth
…..
27. Depyrogenated Sterile Empty Vials Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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