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Vial Containment Solutions Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast

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Liquid drug containment widely uses vials made of glass and plastic in order to maintain high efficiency, drug stability and effectivity until it reaches the patient.
Vial Containment Solutions Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
Liquid drug containment widely uses vials made of glass and plastic in order to
maintain high efficiency, drug stability and effectivity until it reaches the patient. The
rise in demand for vials resistant to particle coagulation, delamination and harmful
contaminations is a major factor fuelling the growth of global vial containment
solutions market. The overall increase in pharmaceutical, biotech and medical
devices manufacturing companies, increase in demand for portable medical devices,
a trend towards self-care, changing the regulatory landscape in tamper-resistant
containment of life-saving drugs are other factors contributing to radical growth in
global vial containment solutions market.
The global vial containment solutions market is expected to grow at an impressive
CAGR during 2019-2026. However, the market faces hurdles like:
• Providing cost effective and ecological drug containment
• Using packaging material that prevents interactions like leaching especially with
bio sensitive drug molecules
• Lack of thorough testing processes of vials for toxicology support and storage
stability results
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Global Vial Containment Solutions Market, by Product Type
• Stopper
• Seal
• Vials
Stoppers and seals for injection vials, serum vials and infusion vials are widely spread
segment as they serve the principal purpose of avoiding spillage and contamination
losses. Bromo Chloro rubber stoppers with long term stability, low extractability and
high barrier properties are prevalent in the contemporary market and will continue
to register a major share of the global market registering lucrative CAGR for years to
come.
Global Vial Containment Solutions Market, by End User
• Pharmaceutical
• Cosmetics
• Others
The pharmaceutical segment is the largest market shareholder of the global vial
containment solutions market and is anticipated to experience healthy CAGR during
the forecast period. The prominent mergers and acquisitions among the global
pharmaceutical giants and biotech companies, investments in R&D for effective
packaging solutions of self-administrable liquid drugs and so on will continue to
advance the growth of pharmaceutical segment of global vials containment solutions
market for near future.
Global Vial Containment Solutions Market, by Region
• Europe
• North America
• APAC
• Latin America
• Rest of World
North America and Europe lead the global vial containment solutions market due to
already existing high penetration in the market and R&D investments in finding
viable containment solution especially for pharmaceutical and cosmetic products.
Rising awareness about self-medication and portable medical devices usage in the
APAC and Latin American region has sprouted tremendous growth opportunities for
vial containment solution market for years to come.
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global vial containment solutions
market, by product type, end-user and region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and an overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
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About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
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Contact Person: Vinay Thaploo
Email: [email protected]
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Country: United Kingdom
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