Global pharmaceutical cartridges market growth is expected to be driven by increasing demand for safer pharmaceutical drug packaging

The global pharmaceutical cartridges market is expected to register significant growth in the forecoming years. Major factors driving growth of the global pharmaceutical cartridges markets are, rising demand for safe and contamination free drug packaging across the globe. In addition, growing aging population, rising incidence of chronic diseases are the factors boosting the demand for pharmaceutical cartridges.

The global pharmaceutical cartridges market report has been segmented on the basis of material type, capacity type, and region.

On the basis of material type, the global pharmaceutical cartridges market has been segmented into glass and plastic. The glass is expected to dominate the global pharmaceutical market, owing to property to withstand the high temperature. The glass segment is further sub-segmented into Type I, Type II, and Type III glass type.

On the basis of capacity type, the global pharmaceutical cartridges market has been segmented into below 5 ml, 50-250 ml, and above 250 ml

On the basis of region, the global pharmaceutical cartridges markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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In 2018, North America pharmaceutical cartridges market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period, due to increasing incidence of chronic disease the country in the region. However, Asia Pacific pharmaceutical cartridges market is projected to register highest CAGR in the next five years, due to in the developing medical infrastructures in the region.

Key players operating in the global pharmaceutical cartridges market includes Schott AG, Gerresheimer AG, West Pharmaceutical Services, Inc., Stevanato Group, SGD Pharma, Baxter Healthcare Corporation, Sigma-Aldrich Corporation, Pierrel group, Transcoject GmbH, and Maquinaria Industrial Dara, Sl.

About the Author

Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

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