Global Pharmaceutical Cartridges Market By Material (Glass and Plastic), By Capacity (Below 5 ml, 5-50 ml, 51-250 ml, and Above 250 ml), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

Pharmaceutical Cartridges Market size is expected to be worth around USD 3.4 Billion by 2032 from USD 1.7 Billion in 2022, growing at a CAGR of 7.5% during the forecast period from 2023 to 2032.

Pharmaceutical Cartridges are small containers made of plastic or glass that are sealed at one end with a rubber stopper. It is used to transport and store vaccines and medications. They also frequently appear in medical settings such as pharmacies, clinics, and hospitals. Before use, the medications in the cartridges are typically sterilized to ensure that there is no contamination that would harm the patient.

A factor that may influence the growth of the global pharmaceutical cartridges market during the forecast period is the increasing prevalence of chronic diseases such as arthritis and diabetes. Also, numerous advantages associated with pharmaceutical cartridges will likely propel the market growth. Additionally, accurate drug delivery, chemical durability, and better damage resistance are the other factors that will likely accelerate market growth over the forecast period.

The pharmaceutical cartridges decrease the risk of damage while delivering and transporting drugs. Furthermore, the investment by key players in evolving advanced pharmaceutical cartridges is estimated to enhance the demand for pharmaceutical cartridges.

Key Takeaways

• Market Growth: The pharmaceutical cartridges market is set to grow at a CAGR of 7.5%, reaching USD 3.4 billion by 2032.
• Chronic Disease Impact: Increasing chronic diseases, such as diabetes and arthritis, drive demand for pharmaceutical cartridges.
• Glass Dominance: Glass cartridges hold 64% of the market share, known for their durability and resistance to damage.
• Capacity Preference: Cartridges with a 5-50 ml capacity claim a 37% market share, preferred for medication storage and delivery.
• Consumer Shift: A shift towards alternative treatments like Ayurveda and Homeopathy hinders market growth.
• Innovative Products: Market expansion is driven by innovative pharmaceutical cartridge introductions and secure packaging solutions.
• Injectable Drug Demand: The demand for injectable drugs is on the rise, creating opportunities for pharmaceutical cartridge manufacturers.
• Eco-Friendly Materials: The industry is exploring biodegradable materials to align with eco-friendly practices and consumer demand.
• Prefilled Syringe Trend: Prefilled syringes are gaining popularity due to improved patient compliance and dosing accuracy.
• Regional Leadership: North America dominates with a 37.4% share, while Asia Pacific is poised for rapid growth.

Driving Factors

Introduction of Innovative Pharmaceutical Cartridges

The market is estimated to grow during the forecast period due to the factors such as favorable government policies, the introduction of innovative products by the manufacturers, a rise in consumer preference for precise packaging, ad increasing demand for safe pharmaceutical packaging of drugs.

Also, the various benefits of pharmaceutical cartridges, such as increasing demand for accurate dosage, secure packaging solutions for pharmaceutical products, and lightweight packaging, will likely drive the growth of the market during the forecast period.

Restraining Factors

Consumer Focus on Alternative Treatments

The factor that restrains the growth of the market is the increasing focus of consumers on alternative treatments such as Ayurveda and Homeopathy. The increasing geriatric population and the rising incidence of chronic diseases because of the uneven lifestyle were responsible for the increasing need for proper treatment.

In recent years, individuals are getting aware of healthcare. The gradual shift of individuals towards Ayurveda and Homeopathy was increasing because of its zero side effects. This has hindered the growth of the global pharmaceutical cartridges market.

Material Analysis

The Glass Segment Dominated the Market, with the Majority of the Share

Based on material, the segment is divided into glass and plastic. The glass segment accounted for the majority of the market share of 64% owing to the superior production capacity. Also, the glass material has high resistance to damage from scratches and chemicals. Also, the product demand has improved because of its outstanding tolerance and efficiency.

Additionally, due to the factors such as their limited aesthetic tolerance levels, efficient incorporation into injection systems, susceptibility to extreme temperatures, and specific spatial thresholds, the glass material segment dominated the market. Furthermore, the plastic material segment was estimated to grow during the forecast period.

Capacity Analysis

The 5-50 ml Segment Held the Largest Share of the Market

Based on capacity, the segment is divided into below 5 ml, 5-50 ml, 51-250 ml, and above 250 ml. The cartridges of 5-50 ml capacity accounted for the maximum share of 37% of the market. This capacity of cartridges is mostly used in the healthcare sector as they are more convenient and reliable for delivering and storing medications in small to moderate volumes.

Also, they ensure the safety of patients by providing them with the correct dose of medications. Whereas 51-250 ml of cartridges are typically made up of glass, and it is suitable for a large volume of medications.

Key Market Segments

By Material

• Glass
• Plastic

By Capacity

• Below 5 ml
• 5-50 ml
• 51-250 ml
• Above 250 ml

Growth Opportunity

Rising Demand for Injectable Drugs

The demand for injectable drugs such as parenteral formulations, biologics, and vaccines is increasing, and it is estimated to increase during the forecast period owing to the vast use of pharmaceutical cartridges in packaging and delivering the drugs.

Also, the focus on environment-friendly and sustainable practices was increasing, and thus, it created the opportunity for the pharmaceutical cartridges industries to manufacture cartridges made up of biodegradable materials.

Latest Trends

Increasing Demand for Prefilled Syringes

The demand for prefilled syringes was increasing as they have numerous advantages, including it has improved patient compliance, reduced errors of medication, accuracy in dosing, its convenience. The trend of self-administration of injectable drugs was increasing among patients who were suffering from chronic diseases such as diabetes. Pharmaceutical cartridges offer a safe and convenient option for self-injection. Thus, the demand for prefilled syringes was estimated to enhance during the forecast period.

Regional Analysis

North America accounted for the majority of Share of Global Pharmaceutical Cartridges Market

North America has dominated the global pharmaceutical cartridges market with a revenue share of 37.4% owing to the rising prevalence of chronic diseases such as obesity, diabetes, and arthritis. For instance, the increased incidences of diabetes surge the demand for medications; also, the treatment of insulin was widely used in the case of diabetes.

Pharmaceutical cartridges were extensively used for insulin delivery because they provide accurate dosage and long-term storage. This will likely drive the growth of the market in this region during the forecast period. Also, Asia Pacific was expected to have the fastest growth because of the factors such as the high penetration of prominent companies and the rising significance of chronic diseases.

Key Regions

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America
• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Key Players Analysis

Gerresheimer AG Established Two Specialist Glassworks in India and Three in Ch ina

Numerous prominent players in the market were implementing various strategies, such as the establishment of new manufacturing centers, partnerships, and the development of new products with the aim of strengthening their market position.

For instance, Gerresheimer AG established two specialist glassworks in India and three in China to meet the local and international demands for better quality packaging for solid and liquid drugs. Thus, this will help the firm to enhance its customer base in these countries.

Market Key Players

• Baxter Healthcare Corporation
• Schott AG
• Nipro Corporation
• SGD Pharma
• Gerresheimer AG
• Stevanato Group
• Sigma-Aldrich Corporation
• Pierrel S.p.A.
• West Pharmaceutical Services, Inc.
• Other Key Players

Recent Developments

• In 2020- SCHOTT AG launched the SCHOTT Cartridges Clearjet. SCHOTT AG is one of the leading manufacturers of pharmaceutical cartridges. The SCHOTT Cartridges Clearjet was made from an advanced polymer material. Also, it delivers excellent drug compatibility, chemical resistance, and excellent transparency.
• In 2020- Gerresheimer AG launched a new Gx RTF & ClearJect polymer cartridge. Gerresheimer is a major supplier of pharmaceutical packaging solutions. The cartridge features break resistance, high transparency, and compatibility with a wide range of drugs.

Report Scope