Report Code: A14459 | Pages: NA | Mar 2023 | 716 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Sterile Vials Market
Request Now !The rising cases of infectious diseases such as tuberculosis, SARS, coronavirus, flu, have led to increasing demand for medical devices or equipment. These include vials, syringes, needles, bandages, gloves, face masks, applicators, suction catheters, testing kits, and surgical sponges. As many of these devices are used only once they prevent the infection or bacteria from spreading from one individual to another. The vials are made by the manufacturers to prevent the growth of the bacteria or virus and preventing them from replicating. Also in many laboratories, pharmaceutical companies, compounding labs there is a huge need for vials mainly due to their sterility.
Impact of COVID-19 Pandemic on the Sterile Vials Market
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Global growth in the combination of device/drug products, rise in the geriatric population, awareness among the consumers about bacterial or viral infections is predicted to rise the global sterile vials market in the forecasted period. North America to be a highly attractive market for sterile vials as the region is acquainted with the easy availability of raw materials and increased investment in the pharmaceutical industries required for medical packing and thus is likely to drive the market in the long run.Â
For instance, Schott AG expanded its manufacturing in U.S. in 2017, with high investment in the sterile pharmaceutical vials, also increased investment in the new generation of vials that are required for packaging in the pharmaceutical companies.Â
With this, there is a rise in the adoption of sterile vials instead of alternative containers is likely to drive the market. Pharmaceutical manufacturers and drug companies are required to maintain the efficacy and quality of the medicine which can be sensitive while supplying and storing. Medicines and drugs come in contact with the vials that are made of steel or aluminum that can reduce the sterility of the drug, and degrade its quality. In comparison, the sterile glass vials are easy to handle and clean and also have a longer shelf life and are contamination-free with easy storage. These are likely to drive the sterile vials market.
Key Benefits of the Report
Questions Answered in the Sterile Vials Market Research Report
Sterile Vials Market Report Highlights
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Key Market Players | Dalton Pharma Services, Adelphi Healthcare Packaging, West Pharmaceuticals, Inc, APG Europe, Bormioli Pharma S.p.a., Thermo Fisher Scientific, Inc, Corning Incorporated, Gerresheimer AG, Piramal Glass (Piramal Enterprises Ltd.), Shandong Pharmaceutical Glass Co. Ltd, Pacific Vial, Nipro Corporation, DWK Life Sciences GmbH, SiO2 Materials Science. |
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