Dublin, December 21, 2020 (GLOBE NEWSWIRE) – Added Report “Global Ampoules and Vials Market – Forecasts from 2020 to 2025” ResearchAndMarkets.com’s offering.
The global ampoules and vials market is expected to grow at a CAGR of 5.51% over the forecast period. The growth of the market for these storage solutions is largely driven by strong growth in the healthcare and pharmaceutical industry in many sectors across the globe. Rising global populations, and changing human lifestyles, are both putting the burden of disease on many governments. As eastern societies continue to be influenced by western cultures, more people are adopting unhealthy lifestyles. The growth of geriatric populations in many countries is also adding to the disease burden on many governments. As the incidence and frequency of disease continue to increase, so does the demand for drugs.
Because many drugs are sensitive to changes in environmental conditions, they must be stored in special containers that can protect their integrity and properties. This increases the demand for ampoules and filters, thus leading to market growth. Demand for these vessels is also driven by increased demand among drug manufacturers and healthcare providers for efficient storage of drugs. Filters and ampoules allow for easier storage of lifts and powder compared to larger bottles or containers. This has contributed significantly to the growing demand for these vessels, thus contributing to the growth of their market.
In addition to this, filters have found many applications in the field of cosmetics. Fragrance filters have been around for a very long time, and these hold a great grip among end users. The growth of fragrance manufacturing in many countries is driven by the sales volume of vials in these countries because vials are the preferred storage solution for fragrant samples as they ensure the integrity of samples while they also make storage more efficient. As the growth of fragrance manufacturing remains good, vials sales will continue to grow, thus contributing to the growth of the market.
The onset of modern coronavirus disease in Wuhan, China, and as it has been declared a pandemic by the World Health Organization, has also been shaping the growth of the market. As the number of patients diagnosed positive with the new coronavirus infection continues to rise, drug manufacturers are pumping huge investments in research and development to find a cure for this disease. In this race to develop a reliable vaccine, drug dealers are rapidly monitoring clinical trials. In addition, millions of doses are being made by such companies as part of their plan to give people their vaccine as soon as they get a node from the regulatory bodies. This continued flow of investments into drug development is increasing the demand for ampoules and filters, thus leading to market growth.
In terms of regions, the global ampoules and vials market was divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. To give a clearer view of the market, these regional markets are further segmented into countries that make up a good share of the market. North America and Europe together make up a significant share of the total market. The growth of the market in these sectors is largely due to the cross-cutting modern research infrastructure across them. The presence of this infrastructure has been a key factor in accelerating growth across sectors such as pharmaceuticals and cosmetics. The presence of a good number of market players in these segments is another key factor that has contributed to the growing sales of ampoules and vials across them.
Asia Pacific also accounts for a large share in this market. The rapid growth of the pharmaceutical manufacturing sector in this sector, due to readily available facilities and favorable industrial environment in many countries, has been contributing to the high demand for ampoules and vials in many country. The Middle East and Africa have seen good growth in fragrance manufacturing across many countries in the region. The use of filters for storing fragrance samples increases the sales of these storage solutions among end users, thus driving the growth of the market. Real American market growth is expected over the expected period. The lower cost of manufacturing in this sector, compared to the US and many other developed economies, continues to attract investments from pharmaceutical manufacturers in this sector. As the sale of ampoules and vials is closely linked to the growth of pharmaceutical manufacturing, this sector is expected to continue to account for a significant share of the total market over the forecast period.
Competitive ideas
Major market players in the global ampoules and vials market include SCHOTT AG, Nipro, Thermo Fisher Scientific Inc., SGD Pharma, and DWK Life Sciences GmbH among others. These companies have a unique share in the market due to their good brand image and product offerings. Key players in the portfolio management system market have been covered along with their competitive position and strategies. The report also mentions recent contracts and investments of various market players over the past two years.
Key topics covered:
1. Introduction
1.1. Market definition
1.2. Market view
2. Research Methodology
2.1. Search Data
2.2. Barailean
3. Executive Minutes
3.1. Main points for research
4. Market dynamics
4.1. Market drivers
4.2. Market barriers
4.3. Market opportunities
4.4. Five Force Analysis
4.4.1. Power of supplier bargaining
4.4.2. Buyers’ bargaining power
4.4.3. Danger of new entrants
4.4.4. Agent Risk
4.4.5. Competitive competition in the industry
4.5. Business value chain analysis
4.6. Market attraction
5. Global Ampoules and Vials Market Analysis, by Material
5.1. Introduction
5.2. Plastic
5.3. Glass
6. Global Ampoules and Vials Market Analysis, By Request
6.1. Introduction
6.2. Medical
6.3. Non-medical
7. Global Ampoules and Vials Market Analysis, by Geography
7.1. Introduction
7.2. North America
7.2.1. Usa
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. RA
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. Israel
7.5.3. UAE
7.5.4. Others
7.6. Asia-Pacific
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Others
8. Competitive environment and analysis
8.1. Key players and strategy analysis
8.2. Emerging players and market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Cooperations
8.4. Vendor Competition Matrix
9. Company Profiles
9.1. Schott AG
9.2. Nipro
9.3. Gerresheimer AG
9.4. Thermo Fisher Scientific Inc.
9.5. Stevanato Group
9.6. Sgd Pharma
9.7. Dwk Life Sciences GmbH
9.8. Apg Europe
9.9. Pacific Vial
9.10. Radpharm Science
For more information about this report, visit https://www.researchandmarkets.com/r/y73fna
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