The global vial and bottle market in the global healthcare industry is projected to reach $26.5 billion by 2028, at a CAGR of 5.2% during 2023-2028. The growth of vial and bottle market in the global healthcare industry is driven by pharmaceutical industry, and increasing healthcare expenditure and awareness.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the vial and bottle market in the global healthcare industry by product (Vial and bottle), material (glass and plastic), capacity (0-5 ml, 5-10 ml, 10-20 ml, 20-50 ml, and 50 ml and above), end use (research labs and clinical research, pharmaceutical companies, compounding pharmacies, hospitals and healthcare centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the vial and bottle market in the global healthcare industry?
Q.4 What are some changing demands of customers in the vial and bottle market in the global healthcare industry?
Q.5 What are the new developments in the vial and bottle market in the global healthcare industry? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this vial and bottle area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this vial and bottle market in the global healthcare industry?
Emerging trends, which have a direct impact on the dynamics of the industry, include adoption of blow-fill-seal technology in vials and bottles, growing demand for bio based and recyclable material for production of vials and bottles, and increasing adoption of advanced plastic bottles.
Market Segmentation:
Based on end use, the vial and bottle market in the global healthcare industry is segmented into research labs and clinical research, pharmaceutical companies, compounding pharmacies, hospitals and healthcare centers, and others. The pharmaceuticals segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to introduction of new medicines and growth of drug production.
North America will remain the largest region over the forecast period due to presence of large pharmaceutical manufacturing base in the region, technological innovation, and increasing demand for vials and bottles in the pharmaceutical industry.
Key Players in the vial and bottle market in the global healthcare industry are Gerresheimer, Schott, Nipro, Amcor, Becton Dickinson & Co., Berry Global, Baxter International, Corning, West Pharmaceutical, AptarGroup, and O.Berk.
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