The global Plunger Stopper Market size is expected to grow from US$ 128.1 Million in 2022 to US$ 223.2 Million by 2032, with Sales as a whole will increase at a 5.7% CAGR during the projection period.
The increased requirement for syringes globally is expected to propel the plunger stopper market expansion. Because of their quick and effective action, syringes are the primary injection tool of choice for prescription medications. One of the primary reasons anticipated to propel the plunger stopper market’s growth in the near future is this inclination for injections. Plunger stoppers of the highest caliber will always be required as the healthcare sector expands in order to guarantee accurate dosage and administration.
The plunger stopper market is one of the fastest-growing subsectors of the global packaging industry. Syringes have a plunger stopper to stop vaccines from leaking while they are being stored.
Get Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-15771
Similarly, rising prevalence of chronic diseases and growing usage of syringes, particularly prefilled ones, for treatment purposes are anticipated to elevate the demand for plunger stoppers over the next ten years.
Key Trends
According to a report by FMI, the increasing incidence of chronic and infectious diseases is a key driver behind the rapid expansion of the plunger stopper market, and this trend is anticipated to persist throughout the forecast period.
Global pharmaceutical companies are adapting proactively to the changes resulting from different disease outbreaks. With the growing demand for medical treatments, ensuring patient safety has taken center stage in the realm of effective drug delivery. Consequently, the primary emphasis lies on the development, production, and utilization of injectable devices equipped with safety features. This heightened focus on safety-enhanced injective devices is shaping the future of the industry.
Drivers:
- Medical Advancements: Ongoing advancements in the medical industry, including increased use of syringes for various medical procedures, are driving the demand for plunger stoppers.
- Growing Pharmaceutical Industry: The pharmaceutical sector’s expansion and the need for precision dosing in drug delivery devices are bolstering the Plunger Stopper Market.
- Biotechnology and Biopharmaceuticals: The biotechnology and biopharmaceutical industries rely on specialized syringes and plunger stoppers for the packaging and delivery of sensitive and biologically active substances.
- Biodegradable Materials: The adoption of biodegradable and environmentally friendly materials in plunger stopper production aligns with sustainability goals and is contributing to market growth.
- Regulatory Compliance: Stringent regulations and quality standards in the healthcare and pharmaceutical sectors are driving the demand for high-quality, compliant plunger stoppers.
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-15771
Market Players
- West Pharmaceutical Services, Inc.
- BD (Becton, Dickinson, and Company)
- Dätwyler Holding Inc.
- AptarGroup, Inc.
- Gerresheimer AG
- W. L. Gore & Associates, Inc.
- Shandong Pharmaceutical Glass co., LTD
- Teknor Apex
- Lonstroff AG
- Daikyo Seiko, Ltd.
- Pharmatechs Group LTD
- HEXPOL AB
- Qingdao Huaren Medical Product Co., Ltd.
- Hebei First Rubber Medical Technology Co., LTD
- Suzhou CRH Pharmaceutical Technology Co., Ltd.
Plunger Stopper Market by Category
By Material:
- Chlorobutyl Rubber
- Bromobutyl Rubber
- Silicone
- TPE (Thermoplastic Elastomers)
By Plunger Size:
- Less than 1 ml
- 1 ml
- 3 ml
- 5 ml
- 10 ml
- Above 10 ml
By End Use:
- Pharmaceuticals
- Biotechnology
- Others (Research & Development, etc.)
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa (MEA)
- Oceania
Buy this Exclusive Report: https://www.futuremarketinsights.com/checkout/15771
About Future Market Insights (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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
