Unit Dose Manufacturing Market: Outsourcing Category Aims for a US$ 75 Billion Valuation by 2032 -FMI Projection

According to a recently released Future Market Insights report, the unit dose manufacturing market is expected to grow at a CAGR of 22.4% from 2022-2032, with revenues estimated at US$ 18.3 billion in 2021. It is anticipated that the market will surpass US$ 160 billion by the end of 2032.

The benefits associated with unit dose manufacturing including complete drug identification and the preservation of dosage form’s integrity until the time of administration is projected to enable the market loom further in double digit growth during the period of projection. If the drug has not been used and the container is still intact, it can be retrieved without jeopardizing the drug’s formulations. In addition, the FDA regulates unit dose-packed oral solid pharmaceuticals. Another method that has gained popularity is unit dosage repackaging, as unit dosages must be placed in containers for continuous use in hospitals. Questions about their stability, formulation contamination, and product expiration have arisen as their popularity has grown.

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Besides, unit dosages have raised patient and staff safety standards. They aid in the elimination of the possibility of erroneous dosing. To facilitate speedy and effective monitoring, they use electronic papers. It is easy to spot any broken containers when using liquid unit doses. Unit doses also save consumers’ money on medications they do not need.

Key Takeaways from the Market Study

• Global Unit Dose Manufacturing market is estimated to reach a market size of around US$ 22 Bn by 2022
• Top Type being Outsourcing expected to grow at a CAGR of 19.8%.
• Top Filament being Solid Unit Dose expected to grow at a CAGR of 22.8%.
• With over 25% projected growth rate, Unit Dose Manufacturing revenue is expected to grow at fastest pace in Asia Pacific, during 2022 – 2032.

Benefits associated with manufacturing unit doses over packaging, and flourishing pharmaceutical industry, are expected to shape the overall Unit Dose Manufacturing market, comments a Future Market Insights analyst.

 Competitive Landscape

A large number of regional and global players operate in the unit dose manufacturing market. A variety of strategies are being employed by companies to remain competitive. According to the market research analysis, partnerships and expansion have been the prominent development in Unit Dose Manufacturing market in recent year. Catalent Inc, Patheon, Unither, Mikart, Tapemark, Renaissance, Medical packaging Inc, Corden pharma, and American health packaging are the prominent providers of Unit Dose Manufacturing services.

• In August 2020, Nanjing Ruinian Best Pharmaceutical Co. Ltd. was acquired by Unither Pharmaceuticals August 2020. This acquisition was reported to be focused on aiding Unither Pharmaceuticals expand in China through offering experience regarding medication research and single-dose sterile drugs without preservatives.

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 More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Unit Dose Manufacturing market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of by Type (Inhouse, Outsourcing), Filament (Solid Unit Dose, Liquid Unit Dose, Other), Application (Independent Pharmacies, Long Term Care Facility, Hospitals, Others), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Key Companies Profiled :

• Catalent Inc.
• Patheon (Thermo fisher)
• Unither
• Tapemark
• Mikart
• Renaissance Lakewood, LLC
• Medical packaging, Inc.
• CordenPharma
• American Health Packaging

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Market Segments Covered in Unit Dose Manufacturing Industry Analysis

By Type:

• In-House
• Outsourcing

By Filament:

• Solid Unit Dose
• Liquid Unit Dose
• Other Filaments

By Application:

• Independent Pharmacies
• Long Term Care Facility
• Hospitals
• Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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