Depyrogenated Sterile Empty Vials Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Netherlands, Japan, China, Australia, India, Brazil, Mexico, Saudi Arabia, South Africa, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024
Report ID: GMI3058
Depyrogenated Sterile Empty Vials Market size is projected to experience significant growth from 2018 to 2024.
Increasing government policies to support the development of innovative packaging of pharmaceutical products is a key driver of that will drive depyrogenated sterile empty vial market growth. Government organizations are funding various pharmaceutical companies. Government is investing money in research and development for innovative products and for infrastructure of biopharmaceutical companies. For instance, Indian Government is investing US$ 5 billion in biopharmaceutical industry. This will surge the depyrogenated sterile empty vials market.
Rising incidence of infectious diseases in developed as well as developing countries is another parameter that will boost the market. According to the UNAIDS, nearly 36.7 million people worldwide were infected with HIV in 2015. Growing number of infectious diseases and increasing number of diagnostic tests in research and clinical labs will boost the demand of depyrogenated sterile empty vials market.
More than 20 ml vials accounted for significant market share in 2017. These vials are mostly used for packaging of injectables. increasing R&D in the biopharmaceutical companies are contributing growth of this segment. According to Pharmaceutical Research and Manufacturers of America (PHRMA), biopharmaceutical companies are investing around USD 90 billion in R&D activities in the U.S. in 2016. Growing number of clinical studies leads to increased number of injectables which drives the demand for more than 20 ml depyrogenated sterile empty market segment.
The 2ml market segment will show considerable growth during forecast period. These vials are useful for storage and sample collection, these vials have greater usage in diagnostics labs. This will increase the demand for 2ml sterile vials.
The Research lab market segment is projected to witness growth over the analysis period. Rapid growth of research institutes and research labs will enhance the market segment. Pharmaceutical companies need research labs for development of new biologic drugs. Rising number of biotech and pharmaceutical project will also increase the need of research labs this will upsurge the segmental growth.
U.S. depyrogenated sterile empty vials market held considerable market share. Major players are investing in R&D to launch innovative products in market. Similarly, companies are forming partnerships to introduce novel products in the market. For Instance, SGD Pharmaceutical company announces its partnership with the Ompi Ez-fill platform to come up with sterile, depyrogenated vials. Moreover, increasing number of clinical and medical laboratories across the country will further enhance demand for depyrogenated sterile empty vials.
Thermo Fisher Scientific, DWK Life Sciences, Gerresheimer AG, SCHOTT AG, Stevanato Group, Radpharm Scientific, Merck KGaA, APG Pharma, NIPRO, Corning, VWR International, SGD pharma are some of the key players in depyrogenated sterile empty vials market. Industry players are primarily focusing on strategic collaboration and innovative product launch to maintain their market share.
Depyrogenated Sterile Empty Vials market by product, 2013-2024 (USD Million)
- 2 ml
- 5 ml
- 10 ml
- 20 ml
- More than 20 ml
Depyrogenated Sterile Empty Vials Market by End use, 2013-2024 (USD Million)
- Clinical Labs
- Compounding Labs
- Research Labs
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Thermo Fisher Scientific, Inc.
- DWK Life Sciences
- Gerresheimer AG
- SCHOTT AG
- Stevanato Group
- Radpharm Scientific
- APG Pharma
- Merck KGaA
- Corning, Inc.
- VWR International, LLC
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