The global injection bottles market is anticipated to reach a valuation of US$ 8.7 billion in 2023, driven by rising healthcare expenditure. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.5% between 2023 and 2033, and reaching a total valuation of approximately US$ 13.6 billion by 2033.
One of the major factors contributing to the growth of the injection bottles market is the growing prevalence of chronic diseases, such as diabetes, cardiovascular disorders, and autoimmune conditions, which is increasing worldwide. The conditions often require long-term treatment with injectable medications, creating a sustained demand for injection bottles.
Pharmaceutical companies are continually developing innovative drug delivery systems, such as biologics, biosimilars, and novel therapies. The advancements often require specialized injection bottles to ensure the safe and efficient delivery of complex drugs, contributing to the market’s growth.
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The globalization of healthcare has led to a surge in medical tourism, with patients traveling across borders to seek medical treatments. Medical tourism destinations require reliable and high-quality injection bottles to meet international standards of patient care and safety.
Key Takeaways from the Market Study
- Global injection bottles market was valued at US$ 8.4 billion by 2022-end.
- From 2018 to 2022, the market demand expanded at a CAGR of 2.0%.
- Asia Pacific is expected to hold a dominant CAGR of 4.4% during the forecast period.
- By material, plastic segment is expected to constitute a CAGR of 4.4% in 2033.
- On the basis of end-use, hospitals segment is expected to dominate the market with a CAGR of 4.4% in 2033.
- From 2023 to 2033, injection bottles market is expected to flourish at a CAGR of 4.5%.
- By 2033, the market value of injection bottles is expected to reach US$ 13.6 billion.
Increased focus on preventive healthcare, across the globe, is a major factor that is expected to propel the growth of the injection bottles market in the near future, remarks an FMI analyst.
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Competitive Landscape
Prominent players in the injection bottles market are Gerresheimer AG, SGD S.A., Stölzle-Oberglas Gmbh, Origin Pharma Packaging, Jiangsu Delfu Medical Device Co. Ltd., Stevanato Group, Baumer, Adelphi Group, Shanghai Npack Machinery Co. Ltd., Rochling SE & Co. KG, DWK Life Sciences Ltd., and MycoScience, among others.
Recent Developments:
- In 2023, Schott AG announced the launch of its new line of injection bottles that are designed to be more heat-resistant. The new bottles can withstand higher temperatures, making them a more suitable option for applications in harsh environments.
- In 2022, West Pharmaceutical Services announced the launch of its new line of injection bottles that are designed to be more user-friendly. The new bottles are easier to apply and remove, making them a more convenient option for businesses and consumers.
- In 2021, Gerresheimer AG announced the launch of its new line of injection bottles that are designed to be more sustainable. The new bottles are made from recycled materials and are recyclable in standard paper recycling streams.
- In 2021, SGD Pharma announced the launch of its new line of injection bottles that are designed to be more durable. The new bottles are made from a stronger and more flexible material that is designed to withstand harsh environments.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global injection bottles market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the injection bottles market, the market is segmented on the basis of material (glass, and plastic), by capacity (less than 50 ml, 50-100 ml, and above 100 ml), and by end-use (hospitals, laboratories, medical institutions, clinical research, and drug manufacturing), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
Key Segments Profiled In The Global Injection Bottles Market
By Material:
- Glass
- Plastic
By Capacity:
- Less than 50 ml
- 50-100 ml
- Above 100 ml
By End Use:
- Hospitals
- Laboratories
- Medical Institutions
- Clinical Research
- Drug Manufacturing
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa (MEA)
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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