Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Pharmaceutical Unit Dose Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.10% during the review period (2022 to 2027).
Unit dose packaging, often known as regulatory packaging or compliance packaging, is a method of distributing single-dose medicines in non reusable, barcoded containers. It keeps a set amount of medicine in single-use containers to guarantee that the patient gets the right dose when he or she needs it. Both solid and liquid drugs are commonly applied in clinics and hospitals. Owing to constant packaging industry innovation, single-dose packaging was created to assist patients with safe and effective medicine dispensation.
As there was no risk of the prescription being refilled, this kind of packaging was deemed to be the safest, and it lowered the amount of misdoes. Owing to these advantages coupled with improvement in lifestyle and increase in dominance of current style culture, this product now has a wider range of applications.
The Covid-19 pandemic had a positive impact on the industry. The increased production and consumption of medicines, along with savings in drug discovery, paved the way for increased demand for packing. Also, the outbreak of disease raised worry over the ability of the virus to sustain on packing surfaces, leading to the increased development of high performance and sustainable packing.
Origin Pharma Packaging Launch New Child Resistant Jar
17 Jan 2022: Origin Pharma Packaging has launched a piece of packaging dedicated to the medicinal cannabis industry, The newly designed child-resistant jar is created to support the ‘flower product which is often prescribed in certain European countries as ‘buds’.Origin Pharma Packaging has launched a piece of packaging dedicated to the medicinal cannabis industry
Nipro Medical Corporation announces the creation of Vascular Division in the U.S.
April 15, 2021: Nipro Medical Corporation (NMC), a leading Renal, Medical, Surgical, and Interventional Radiology products manufacturer, announces the creation of a Vascular Division in the U.S. The division will include several cutting-edge technologies, innovative vascular and cardiovascular products to provide clinicians with procedural and imaging solutions that enhance patient care.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
Pharmaceutical manufacturers in the U.S. is the major factor driving market growth in the region. Technological advancements, manufacturing processes, innovations, and integration across companies have resulted in rapid industry growth. Growth in the North America pharmaceutical industry along with the presence of several packaging companies is driving the regional pharmaceutical packaging market.
The Pharmaceutical Unit Dose Packaging Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Pharmaceutical Unit Dose Packaging Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 7.10% during the review period (2022 to 2027). |
By Types |
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By Application |
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By Companies | Amcor Plc (Switzerland), Gerresheimer AG (Germany), Origin Pharma Packaging (UK) |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 102 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Global Pharmaceutical Unit Dose Packaging Market is studied from 2022-2027.
Who are the prime players in the Global Pharmaceutical Unit Dose Packaging Market?
Amcor Plc (Switzerland), Gerresheimer AG (Germany), Origin Pharma Packaging (UK)
Which region held the largest share in the Global Pharmaceutical Unit Dose Packaging Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant Types of Global Pharmaceutical Unit Dose Packaging Market?
Prefilled Syringes Cartridges, Vials Pharmaceutical Unit Dose Packaging, Ampoules Pharmaceutical Unit Dose Packaging, Blisters Pharmaceutical Unit Dose Packaging
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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