Middle East & Africa Pharmaceutical Cartridges Market Size & Outlook
Middle East & Africa pharmaceutical cartridges market, 2018-2030 (US$M)
Related Markets
MEA pharmaceutical cartridges market highlights
- The MEA pharmaceutical cartridges market generated a revenue of USD 95.5 million in 2023.
- The market is expected to grow at a CAGR of 8.5% 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.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 95.5 million |
| Market revenue in 2030 | USD 169.0 million |
| Growth rate | 8.5% (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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.8% of the global pharmaceutical cartridges market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 568.2 million by 2030.
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Pharmaceutical Cartridges Market Scope
Pharmaceutical Cartridges Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 57.28% in 2023. Horizon Databook has segmented the Middle East & Africa pharmaceutical cartridges market based on glass cartridges, plastic cartridges, rubber covering the revenue growth of each sub-segment from 2018 to 2030.
In the coming years, the Middle East and Africa region's market for pharmaceutical cartridges is anticipated to grow. The growth can be ascribed to several variables, including the increasing prevalence of chronic diseases, the rising demand for vaccinations, and the rising investments in healthcare infrastructure.
Pharmaceutical cartridges are frequently used in the healthcare sector, especially for the storage and administration of injectable medications and vaccinations. The market for pharmaceutical cartridges is anticipated to experience significant.
Expansion as a result of the rising demand for vaccinations in the area. Moreover, as many of these ailments necessitate routine pharmaceutical injections, the rising prevalence of chronic diseases, including diabetes and cancer, is also anticipated to support the market's expansion.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa pharmaceutical cartridges market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pharmaceutical cartridges market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA pharmaceutical cartridges market size, by country, 2018-2030 (US$M)
Middle East & Africa Pharmaceutical Cartridges Market Outlook Share, 2023 & 2030 (US$M)
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