Market Snapshot:
Sterile Vials are a type of vials made with glass or plastic material, is widely used for storing or mixing different medications or solutions for injection. The sealed top provides easy needle insertion while also keeping the injected liquids safely contained for mixing, which prevents unintentional contamination from occurring. Sterile vials come in tube or bottle shapes and with various caps to meet specific storage or handling requirements. Most vaccines are held in glass vials as it provides chemical resistance and the best container closure integrity.
Highlights from Sterile Vials Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Players profiled in the report are Thomas Scientific (United States), Stevanato Group (Italy), Origin Pharma Packaging (United Kingdom), Agilent Technologies (United States), DWK Life Sciences, LLC (United States), Schott AG (Germany), Phoenix Glass (United States), Essco Glass (India) and Gerresheimer AG (Germany). Additionally, other players that are part of this comprehensive study are Dalton Pharma Services (Canada) and Stevanato Group (Italy).
Geographic Breakdown and Segment Analysis
The Global Sterile Vials market presents a comprehensive analysis of the Sterile Vials market by end-user/application (Drug Mixing, Store Drugs, Laboratory Samples and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Sterile Vials industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Sterile Vials market
Analyst at AMA have segmented the market study of Global Sterile Vials market by Type, Application and Region.
Influencing Trend:
Growing Popularity of Plastic Vials over Glass Vials for Syringes in Pharmaceutical Industries
Market Growth Drivers:
Increasing Demand Sterile Vials to Store Injection Drugs and Mix Liquid Ingredients and Increasing Demand of Biopharmaceuticals, Vaccines, and Insulin across the Globe
Challenges:
Government Regulations Towards the Use of Plastic Vials
Restraints:
Increasing Price of Raw Material Due to Global Pandemic and International Tariffs
Opportunities:
Ongoing Pandemic and Huge Investment in Development and Production of Vaccine
Market Developments Activities:
In July 2018, Gerresheimer acquired sensile medical to extend is in the direction of original equipment manufacture for drug deliver perform
In September 2020, SGD Pharma expanded its ready-to-use molded glass vial range with the introduction of the EasyLyo 50ml volume option. It offers a new choice to pharmaceutical companies for sterile packaging, aligning with the industry's need for flexibility within the drug manufacturing line.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Sterile Vials Manufacturers, Suppliers and Distributors of Sterile Vials, Raw Material Manufacturers and Suppliers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others