Canada Pharmaceutical Cartridges Market Size & Outlook
Canada pharmaceutical cartridges market, 2018-2030 (US$M)
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Canada pharmaceutical cartridges market highlights
- The Canada pharmaceutical cartridges market generated a revenue of USD 76.5 million in 2023 and is expected to reach USD 128.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, glass cartridges was the largest revenue generating material type in 2023.
- Plastic Cartridges is the most lucrative material type segment registering the fastest growth during the forecast period.
Pharmaceutical cartridges market data book summary
| Market revenue in 2023 | USD 76.5 million |
| Market revenue in 2030 | USD 128.3 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Glass cartridges |
| Fastest growing segment | Plastic Cartridges |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Cartridges, Plastic Cartridges, Rubber |
| Key market players worldwide | Nipro Corp, Gerresheimer AG ADR, West Pharmaceutical Services Inc, Schott Pharma AG & CO KGaA, Shandong Lukang Pharmaceutical Group, AptarGroup Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 5.4% of the global pharmaceutical cartridges market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pharmaceutical cartridges market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 128.3 million by 2030.
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Pharmaceutical Cartridges Market Scope
Pharmaceutical Cartridges Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada pharmaceutical cartridges market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical cartridges market will help companies and investors design strategic landscapes.
Glass cartridges was the largest segment with a revenue share of 57.65% in 2023. Horizon Databook has segmented the Canada pharmaceutical cartridges market based on glass cartridges, plastic cartridges, rubber covering the revenue growth of each sub-segment from 2018 to 2030.
In Canada, it is anticipated that the market for pharmaceutical cartridges will continue to expand steadily. The population is aging, chronic diseases are becoming more common, and the need for novel drug delivery systems is developing.
which all contribute to this increase. Technology is constantly improving drug delivery technologies, which benefits the Canadian market for pharmaceutical cartridges. Companies are investing in the development of intelligent cartridges that can interact with patients and healthcare professionals.
Track adherence, and provide information regarding patient health. Moreover, novel product launches by key players spur the market. For instance, in February 2023, Flyte launched a vaporizer cartridge with a 2-gram capacity.
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Target buyers of Canada pharmaceutical cartridges market databook
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Our clientele includes a mix of pharmaceutical cartridges market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada pharmaceutical cartridges market , including forecasts for subscribers. This country databook contains high-level insights into Canada pharmaceutical cartridges market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada pharmaceutical cartridges market size, by material type, 2018-2030 (US$M)
Canada Pharmaceutical Cartridges Market Outlook Share, 2023 & 2030 (US$M)
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