Parenteral Packaging Market Share Is Projected To Reach US$ 24,973.9 Million at a CAGR of 11.1% By 2027

The global parenteral packaging market, by packaging type (Bags and Bottles, Ampoules, Vials, Prefilled Syringes & Cartridges, and Ready-to-mix-Systems), by material type (Glass, Plastic and Polymer, Poly Vinyl Chloride (PVC), and Polyolefin), and by region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa), was pegged at US$ 10,759.0 million in 2019 and is projected to register an impressive 11.1% CAGR over the forecast period (2019-2027).

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Increasing surgical procedures, as well as increasing cases of chronic diseases, such as diabetes and cancer, are said to support the global parenteral packaging market growth over the projected period. There has been a higher preference for parenteral drugs in the recent past, as the parenteral administration route is proven to be the most effective form of drug delivery in the body. Technological advancements in the drug delivery system, for example, the development of sophisticated systems with efficient drug targeting and controlled release of parenteral drugs, have also fueled the global parenteral packaging market growth in the recent times.

Parenteral medicines are extremely useful in treating diseases such as cardiovascular disease, ulcerative colitis, rheumatoid arthritis, and numerous others. Hence, the surging prevalence of these diseases is expected to propel the global market growth. As per the International Diabetes Association, around 463 million adults in the world, aged between 20 years and 79 years, suffered from diabetes in 2019, and the figure is likely to reach 700 million by 2045.

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One of the greatest advantages of the parenteral drugs is that these drugs help speed up healing after surgical procedures, as well as reduce the pain or risk of infection caused during these procedures. Parental drugs usually comprise antibiotics, and steroids or anti-inflammatory medications, and are administered through intramuscular injection (IV). Thus, the surging number of surgical procedures for the treatment of diseases, such as cancer and coronary artery disease, is a significant driver for the global market growth. According to Stanford Health Care, around 7.3 million cardiovascular system surgeries were performed in the U.S. in 2019, along with 5.2 million musculoskeletal system surgeries and 1.2 nervous system surgeries.

Key Market Takeaways:

• The North America parenteral packaging market is regarded as the leading growth engine for the global market.
• In terms of packaging type, the prefilled syringes and cartridges packaging segment, followed by the ampoules packaging segment, is expected to expand significantly during the forecast period.
• The global market expansion across Asia Pacific, North America, and Europe, generate a significant market revenue, due to the high incidence rate of lifestyle diseases, such as diabetes, and increasing surgical procedures being performed in the region.
• The key companies operating in the global parenteral packaging market are Gerresheimer AG, Schott AG, Unilife Corporation Inc., Becton Dickinson and Company, Ypsomed Holding AG, West Pharmaceutical Services, Inc., SiO2 Medical Products, Terumo Corporation, Ompi Stevanato Group, Berry Plastics Corporation, MeadWestvaco Corporation, Owens-Illinois, RPC Group, and Graphic Packaging Group.

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Table of Contents

1. Research Objective and Assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market overview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Packaging Type
     • Market Snippet, By Material Type
     • Market Snippet, By Region
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
   • Regulatory Scenario
   • Industry Trend
   • Merger and Acquisitions
   • New Product Approvals/Launch
   • PEST Analysis
   • PORTER’s Analysis
4. Global Parenteral Packaging Market, By Packaging Type, 2016–2027 (US$ Million)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017–2027
     • Segment Trends
   • Bags and Bottles
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Ampoules
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Vials
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Prefilled Syringes & Cartridges
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Ready-to-Mix-systems
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
5. Global Parenteral Packaging Market, By Material Type, 2016–2027 (US$ Million)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017–2027
     • Segment Trends
   • Glass
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Plastic and Polymer
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Poly Vinyl Chloride (PVC)
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Polyolefin
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
6. Global Parenteral Packaging Market, By Region, 2016–2027 (US$ Million)
   • Introduction
     • Market Share Analysis, By Region, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, For Regions, 2017–2027
   • North America
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • Germany
       • U.K.
       • France
       • Italy
       • Spain
       • Russia
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • China
       • India
       • Japan
       • Australia
       • South Korea
       • ASEAN
       • Rest of APAC
   • Latin America
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • Brazil
       • Mexico
       • Argentina
       • Rest of Latin America
   • Middle East
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • GCC
       • Israel
       • Rest of Middle East
   • Africa
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • South Africa
       • Central Africa
       • North Africa
7. Competitive Landscape
   • Heat Map Analysis
   • Company Profiles
     • Gerresheimer AG
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Schott AG
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Becton Dickinson and Company
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Unilife Corporation, Inc
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Ypsomed Holding AG
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • West Pharmaceutical Services, Inc.
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • SiO2 Medical Products Inc.
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Terumo Corporation
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Ompi Stevanato Group
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Berry Plastics Corporation
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • MeadWestvaco Corporation
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Owens-lllinosis
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • RPC Group
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
     • Graphic Packaging Group
       • Company Overview
       • Product Portfolio
       • Financial Performance
       • Recent Developments/Updates
       • Strategies
   • Analyst Views
8. Section
   • References
   • Research Methodology
   • About us and Sales Contact

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