According to the recent study the vial and bottle market in the global healthcare industry is projected to reach an estimated $26.5 billion by 2028 from $19.5 billion in 2022, at a CAGR of 5.2% from 2023 to 2028. Growth in this market is primarily driven by pharmaceutical industry, and increasing healthcare expenditure and awareness.
Browse 137 figures / charts and 94 tables in this 238 -page report to understand trends, opportunities and forecast in 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).
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“Pharmaceuticals market is expected to remain the largest segment during the forecast period.”
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. Lucintel forecasts that the pharmaceuticals market is expected to remain the largest segment due to introduction of new medicines and growth of drug production.
“Within the vial and bottle market in the global healthcare industry, the glass segment is expected to remain the largest material”
Based on material the glass segment is expected to witness the highest growth over the forecast period, as it is inert in nature and available in a variety of grades having significant barrier properties.
“North America will dominate the vial and bottle market in the global healthcare industry in near future”
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.
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Major players of vial and bottle market in the global healthcare industry are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Gerresheimer, Schott, Nipro, Amcor, Becton Dickinson & Co., Berry Global, Baxter International, Corning, West Pharmaceutical, AptarGroup, and O.Berk are among the major vial and bottle providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/vial-and-bottle-in-healthcare-industry.aspx or [email protected]
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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