Global Pharmaceutical Packaging Equipment Market, growing at 7.20% CAGR in the forecast period 2017 to 2024

The Global Pharmaceutical Packaging Equipment Market is expected to grow at a CAGR of 7.20% during the forecast period of 2017 to 2024.The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Pharmaceutical Packaging Equipment Market By Product Type (Plastic Bottles, Blister Packs, Labels & Accessories, Caps & Closures, Pre-Filled Syringes, Medical Specialty Bags, Temperature Controlled Packaging, Pouches & Strip Packs, Pre-filled Inhalers, Vials, Ampoules, Medication Tubes, Jars & Canisters, Cartridges, Others),Application {(Veterinary Vaccines (Livestock Vaccines, Porcine Vaccines, Poultry Vaccines, Canine Vaccines, feline Vaccines, Equine Vaccines, Aquaculture Vaccines, Others), Drug Delivery (Oral Drugs, Pulmonary, Transdermal, Injectables, Topical, Nasal, Ophthalmic, IV Drugs, Others)},Raw Material (High Density Polyethylene, Polyester, Polypropylene, Low Density Polyethylene, Polyvinyl Chloride, Other Plastics/Polymers, Total Plastics, Paper & Paperboard, Glass, Aluminum Foil, Others),  Purchase Organization (Manufacturer, Packaging Companies, Government Agencies), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Definition:

This market report defines the market trends and forecast the upcoming opportunities and threats of the pharmaceutical packaging equipment market in the next 8 years.Pharmaceutical packaging equipment refers to the packaging process for all the pharmaceutical preparations which involves operations from production through distribution. Packing involves everything such as dispensing, dosing and all the pharmaceutical products in use.

Global-Pharmaceutical-Packaging-Equipment-Market_snap1-768x625

Rapid growth in the pharmaceutical industry and high research and development expenditure is driving the growth of this market.

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Major Market Drivers and Restraints:

  • Expansion in generics market
  • Government initiatives to decrease the healthcare expenditure
  • Low labor costs
  • Increase in number of drug manufactures in Europe and North America region
  • High costs on equipments
  • Increase in regulatory norms
  • Increasing cost pressure
  • Implementation of revamped packaging techniques

Market Segmentation:

The Global Pharmaceutical Packaging Equipment Market is segmented based on product type, application, raw material, purchase organization and geography.

Based on product type, the global pharmaceutical packaging equipment market is segmented into plastic bottles, blister packs, labels & accessories, caps & closures, pre-filled syringes, medical specialty bags, temperature controlled packaging, pouches & strip packs, pre-filled inhalers, vials, ampoules, medication tubes, jars & canisters, cartridges and others.

Global Pharmaceutical Packaging Equipment Market

On the basis of application the global pharmaceutical packaging equipment market is classified into veterinary vaccines and drug delivery.

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On The Basis of raw material, the global pharmaceutical packaging equipment market is segmented intohigh density polyethylene, polyester, polypropylene, low density polyethylene, polyvinyl chloride, other plastics/polymers, total plastics, paper & paperboard, glass, aluminum foil and others.

On The Basis of purchase organization, the global pharmaceutical packaging equipment market is segmented intomanufacturer, packaging companies, and government agencies.

Based On Geography, the market is segmented into geographical regions:

  • USA
  • Canada
  • Mexico

Some of the major players operating in this market are

  • I.M.A.
  • IndustriaMacchineAutomaticheS.p.A
  • Bausch andStröbelMaschinenfabrikIlshofen GmbHCo. KG
  • Robert Bosch GmbH, Körber AG
  • Marchesini Group S.p.A
  • MULTIVAC, Uhlmann
  • OPTIMA Packaging Group GmbH
  • Romaco Group, Mg2 s.r.l
  • Accutek Packaging Equipment Companies, Inc
  • ACG World

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Research Methodology

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst callor can drop down your enquiry.

Demand Side Primary Contributors : Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

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