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Pharmaceutical Cartridges Market Projected to Reach USD 2.5 Billion by 2031 Fueled by Drug Delivery Devices and Chronic Disease Management

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The Pharmaceutical Cartridges Market, valued at USD 1.37 Billion in 2023, is anticipated to reach a staggering USD 2.50 Billion by 2031. This translates to a robust compound annual growth rate (CAGR) of 8.05% throughout the forecast period from 2024 to 2031.

The pharmaceutical cartridges market is poised for significant growth, driven by a confluence of factors. These include the increasing demand for user-friendly drug delivery devices, the rising prevalence of chronic diseases, and the introduction of innovative pharmaceutical products.

Market Scope

The pharmaceutical cartridge market is driven by a confluence of factors. User-friendly drug delivery devices like injectors and pens are gaining popularity, requiring compatible cartridges for safe medication administration. The rising prevalence of chronic diseases like diabetes further fuels the market as these conditions necessitate medications like insulin, often packaged in cartridges. Innovative product launches with features like improved drug stability or precise dosing mechanisms can also attract attention and drive market growth. These factors, combined with the development of cartridges tailored for specific patient needs, position the pharmaceutical cartridge market for significant expansion.

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List of Pharmaceutical Cartridges Market Companies Profiled in Report:

  • AptarGroup, Inc.
  • Dätwyler Holding Inc.
  • Gerresheimer AG
  • Nipro Corporation
  • Schott AG
  • Shandong Medicinal Glass Co., Ltd.
  • Sonata Rubber
  • Stevanato Group
  • Transcoject GmbH
  • West Pharmaceutical Services, Inc.

Market Analysis

Fueled by rising R&D investments in pharmaceuticals, the market for pharmaceutical cartridges is flourishing. Technological advancements like SHL Medical’s Needle Isolation Technology (NIT) in 2022 are a prime example. NIT simplifies injections by pre-installing a hidden needle, eliminating manual attachment. Such innovations contribute significantly to market growth. Additionally, the constant influx of new drugs creates a continuous need for compatible cartridges. A 2022 report by the International Federation of Pharmaceutical Manufacturers and Associations highlights this with 64 new drugs launched globally that year, and over 6,147 currently in development. These factors, coupled with the ever-evolving pharmaceutical landscape, ensure a steady demand for pharmaceutical cartridges.

Key Market Segments

By Material

  • Plastic
  • Rubber
  • Glass

By Chamber Type

  • Dual Chamber
  • Large Volume

By Capacity

  • Below 5 ml
  • 2-2.5 ml
  • 3 ml
  • More Than 10 ml

By Application

  • Dental Anesthesia
  • Autoinjectors
  • Pen Injectors
  • Wearable Injectors

By End-use

  • Pharmaceuticals
  • Biotechnology
  • Research Organizations
  • Others

Segment Analysis

Glass Material Expected to Dominate Market Share

Glass dominates in pharmaceutical cartridges due to its superior qualities. It boasts exceptional resistance to heat, chemicals, and wear and tear. Unlike plastics, glass doesn’t leach chemicals into medications, ensuring drug purity and safety.  This makes it ideal for storing sensitive drugs and allows healthcare professionals to easily check contents for quality. Glass compatibility with various delivery devices, like insulin pens, further cements its dominance in the market.

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War and Recession Disrupt Pharmaceutical Cartridge Market Growth

The war in Ukraine and the global recession are throwing a wrench into the growth of the pharmaceutical cartridge market. Disrupted supply chains due to sanctions have forced companies to scramble for new suppliers, impacting both international and domestic manufacturers. The conflict also halted business operations and clinical trials in Russia, further hindering progress. Marketing efforts have also been hampered, with foreign companies pulling out and budgets being slashed, leading to decreased sales. The economic downturn is another blow, particularly for biotech companies. Reduced investments have led to cutbacks and R&D program delays. While larger pharmaceutical companies are financially stable, they’re consolidating through mergers and acquisitions. Industry experts are worried about the long-term effects of these events on the market’s growth potential.

Key Regional Developments

North America leads the pharmaceutical cartridge market due to its advanced healthcare infrastructure and strict regulations. The region’s growing demand for medications, fueled by chronic diseases, an aging population, and rising cancer rates, is a major driver. For instance, the high incidence of cancer in the US necessitates more pharmaceutical drugs, which in turn require compatible cartridges.  Furthermore, significant investments in R&D by key players like Bayer AG are propelling market growth. With top pharmaceutical companies like Roche and Pfizer focusing on R&D, North America is well-positioned to maintain its dominance in the pharmaceutical cartridges market.

Key Takeaways for the Pharmaceutical Cartridges Market Study

  • Gain insights into the projected market size of the pharmaceutical cartridges market by 2031, allowing you to make informed business decisions.
  • Understand the key factors propelling the market forward, such as the growing demand for drug delivery devices, rising prevalence of chronic diseases, and development of innovative drugs.
  • Explore the dominance of glass material in the market and the potential of plastics for specific applications.
  • Identify the challenges posed by the Russia-Ukraine war and global economic slowdown, along with potential mitigation strategies.
  • Grasp the factors contributing to North America’s dominance in the market and the growth prospects in other regions.

Recent Developments

August 2023: Alcresta Therapeutics, Inc. secured U.S. FDA clearance for the expanded use of RELiZORB among children aged 2 to less than 5 years old. RELiZORB is a digestive enzyme cartridge mimicking the function of pancreatic lipase. Initially approved by the FDA in 2015 for adult patients, it was later cleared for use in children as young as five in 2017. Notably, RELiZORB is the only enzyme product authorized by the FDA for use in conjunction with enteral feeding.

June 2023: Stevanato Group S.p.A. introduced Vertiva, the latest iteration of its patented On-Body Delivery System (OBDS). Designed to cater to a diverse range of subcutaneous therapies, this OBDS seamlessly switches between basal and bolus injections, offering greater flexibility in medication delivery.

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Table of Content

Chapter 1 Introduction

Chapter 2 Research Methodology

Chapter 3 Pharmaceutical Cartridges Market Dynamics

Chapter 4 Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing Recession on Major Economies)

Chapter 5 Value Chain Analysis

Chapter 6 Porter’s 5 forces model

Chapter 7 PEST Analysis

Chapter 8 Pharmaceutical Cartridges Market Segmentation, By Material

Chapter 9 Pharmaceutical Cartridges Market Segmentation, By Chamber Type

Chapter 10 Pharmaceutical Cartridges Market Segmentation, By Capacity

Chapter 11 Pharmaceutical Cartridges Market Segmentation, By Application

Chapter 12 Pharmaceutical Cartridges Market Segmentation, By End-use

Chapter 13 Regional Analysis

Chapter 14 Company profile

Chapter 15 Competitive Landscape

Chapter 16 Use Case and Best Practices

Chapter 17 Conclusion

Continued…

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