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Driven by the rising complexity of therapeutics, and the need to rapidly produce and package drug products, developers are gradually adopting pre-sterilized / ready-to-use packaging solutions

 

Roots Analysis has announced the addition of “Pre-Sterilized / Ready-to-Use Primary Packaging Market: Focus on Cartridges, Syringes, Vials and Closures (2nd Edition), 2021 – 2030 report to its list of offerings.

Pre-sterilized / ready-to-use (RTU) container-closure systems have emerged as a promising alternative to conventionally available packaging formats and have helped in expediting the fill / finish process, while offering substantial cost saving opportunities. Further, there has been an evident surge in demand for such systems during the ongoing COVID-19 pandemic for storage and packaging of the vaccines and experimental therapies. The demand for appropriate packaging solutions in adequate quantities, is likely to persist, significantly adding to the opportunity for RTU package and affiliated closure developers / suppliers.

 

To order this 310+ page report, which features 160+ figures and 220+ tables, please visit 

https://www.rootsanalysis.com/reports/view_document/ready-to-use-primary-packaging-market/224.html

 

Key Market Insights 

More than 150 pre-sterilized / RTU primary packaging systems are presently available in the market

Majority (50%) of these systems are pre-sterilized / RTU primary packaging closures, followed by containers (34%) and container-closure systems (16%). It is worth noting that glass is the preferred material for different types of pre-sterilized / RTU containers.

Around 50 companies, across the world, claim to be engaged in the manufacturing of pre-sterilized / RTU primary packaging systems 

Majority of the firms (76%) are based in Europe and Asia Pacific. Further, 47% of the industry stakeholders are large and very large companies, followed by mid-sized companies (37%) and small players (16%).

Partnership activity within this domain has grown at a CAGR of 32%, between 2015 and 2020

Driven by the increased demand for pre-sterilized packaging systems amidst the COVID-19 pandemic, majority of the partnerships were established in 2020. A large number of these deals were inked for vials, followed by closures (22%), syringes (20%) and cartridges (18%).

The annual demand for pre-sterilized / RTU primary packaging systems is expected grow at an annualized rate of 7.3% 

Currently, Asia Pacific and North America are estimated to contribute to more than 70% of the overall demand for pre-sterilized / RTU primary packaging systems. By 2030, the demand, in terms of number of RTU packaging systems, is projected to be over 220 billion. Further, glass containers hold the maximum share of the overall demand (82%), followed by plastic containers (18%).

North America and Europe are anticipated to capture ~58% of the market share, by 2030

The market in Asia Pacific is anticipated to grow at a relatively faster pace (8.6%), during 2021-2030. The market is currently driven by the sales of pre-sterilized / RTU syringes (51%), and pre-sterilized / RTU vials (18%). Further, pre-sterilized / RTU glass components currently capture 90% of the overall market share (in terms of sales based revenues).

To request a sample copy / brochure of this report, please visit 

https://www.rootsanalysis.com/reports/view_document/ready-to-use-primary-packaging-market/224.html

Key Questions Answered

  • Who are the prominent players in the global pre-sterilized / ready-to-use primary packaging market?
  • What is the relative competitiveness of different ready-to-use primary packaging system manufacturers?
  • Which partnership models are most commonly adopted by stakeholders in this industry?
  • What is the likely impact of the ongoing COVID-19 pandemic on the global ready-to-use primary packaging systems market?
  • What is the current, global demand for ready-to-use containers and closures?
  • What are the major market trends and driving factors that are likely to impact the growth of ready-to-use primary packaging systems market?
  • How is the current and future opportunity likely to be distributed across key market segments?

The USD 25+ billion (by 2030) financial opportunity associated with pre-sterilized / ready-to-use primary packaging market has been analyzed across the following segments:

Type of Primary Packaging System

Vials

Syringes

Cartridges

Closures

Type of Fabrication Material Used

Glass

Plastic

Key Geographical Regions

North America

Europe

Asia Pacific

Latin America

Middle East and North Africa

Rest of the World

The report also features inputs from eminent industry stakeholders, according to whom, a significant increase in demand for vials and syringes is driving the growth of the pre-sterilized / ready-to-use primary packaging market. The report includes detailed transcripts of discussions held with the following experts:

The research includes profiles of key players (listed below), featuring a brief overview of the company, its financial performance (if available), recent developments and an informed future outlook.

AptarGroup

Datwyler Group

DWK Life Sciences

Gerresheimer

Ningbo Zhengli Pharmaceutical Packaging

Nipro

SCHOTT

SGD Pharma

Stevanato Group

Terumo Medical

Transcoject

West Pharmaceutical Services

For additional details, please visit

https://www.rootsanalysis.com/reports/view_document/ready-to-use-primary-packaging-market/224.html or email sales@rootsanalysis.com

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Contact:

Gaurav Chaudhary

+1 (415) 800 3415

+44 (122) 391 1091

Gaurav.Chaudhary@rootsanalysis.com

 

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