The global Unit Dose Manufacturing Market Size was estimated to be worth approximately US$ 22 billion in 2022. According to the analysis, the market would grow by 22.4% between 2022 and 2032, reaching a value of US$ 164 billion. Outsourcing is predicted to generate the most money, with a CAGR of 19.8% and 22.8%, respectively, from 2022 to 2032, while Solid Unit Dose is expected to be the greatest revenue-generating Filament.
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The advantages of unit dose manufacture, such as complete drug identification and the preservation of dosage form integrity until administration, are expected to drive market growth. The FDA regulates unit dose-packed oral solid pharmaceuticals, and unit dosage repackaging has grown in favour since unit dosages must be stored in containers for ongoing usage in hospitals. However, as their popularity has grown, there have been worries about their stability, formulation contamination, and product expiration.
Unit doses have also increased patient and staff safety by lowering the possibility of improper administration. When using liquid unit doses, they use electronic papers to aid in quick and effective monitoring, and broken containers are quickly spotted. Unit dosages can also assist consumers in saving money on medications they do not need. The projected double-digit increase during the projection period is predicted to significantly expand market size.
Key Takeaways from the Market Study
- By 2022, the global Unit Dose Manufacturing market is anticipated to be worth around US$ 22 billion.
- Outsourcing is expected to grow at a 19.8% CAGR.
- The leading filament, Solid Unit Dose, is expected to grow at a CAGR of 22.8%.
- Unit Dose Manufacturing revenue is expected to grow at the fastest rate in Asia Pacific from 2022 to 2032, at a rate of more than 25%.
Benefits associated with manufacturing unit doses over packaging, and flourishing pharmaceutical industry, are expected to shape the overall Unit Dose Manufacturing market, comments a Future Market Insights analyst.
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Competitive Landscape
A large number of regional and global players operate in the Unit Dose Manufacturing market. A variety of strategies are being employed by companies to remain competitive. According to the market research analysis, partnerships and expansion have been the prominent development in Unit Dose Manufacturing market in recent year.
- In August 2020, Nanjing Ruinian Best Pharmaceutical Co. Ltd. was acquired by Unither Pharmaceuticals August 2020. This acquisition was reported to be focused on aiding Unither Pharmaceuticals expand in China through offering experience regarding medication research and single-dose sterile drugs without preservatives.
Key Companies Profiled:
- Catalent Inc.
- Patheon (Thermo fisher)
- Unither
- Tapemark
- Mikart
- Renaissance Lakewood, LLC
- Medical packaging, Inc.
- CordenPharma
- American Health Packaging
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Market Segments Covered in Unit Dose Manufacturing Industry Analysis
By Type:
- In-House
- Outsourcing
By Filament:
- Solid Unit Dose
- Liquid Unit Dose
- Other Filaments
By Application:
- Independent Pharmacies
- Long Term Care Facility
- Hospitals
- Others
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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