Market revenue in 2023 | USD 350.0 million |
Market revenue in 2030 | USD 579.8 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Glass cartridges |
Fastest growing segment | Plastic Cartridges |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 58.14% in 2023. Horizon Databook has segmented the Europe pharmaceutical cartridges market based on glass cartridges, plastic cartridges, rubber covering the revenue growth of each sub-segment from 2018 to 2030.
In the pharmaceutical packaging industry, the European market for pharmaceutical cartridges is a significant and growing market. The demand for patient-administered medications that may be used at home is increasing as a result of the aging population and the rise in chronic diseases.
The need for cartridges in the European market is being fueled by the fact that pharmaceutical cartridges offer an efficient and accurate method of delivering these medications. To create new drugs and medication delivery methods, pharmaceutical companies are actively spending on research & development.
This investment promotes innovation in the market for pharmaceutical cartridges and assists in the launches of new goods. Pharmaceutical cartridges are subject to a strict regulatory framework in the European Union. This framework makes sure that these tools are safe, effective, and suit the demands of patients as well as healthcare providers.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe pharmaceutical cartridges market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pharmaceutical cartridges market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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