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Cartridges Market Size

Report ID: GMI12189
Published Date: Nov 2024
Report Format: PDF

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Cartridges Market Size

The cartridges market was valued at USD 1.8 billion in 2023 and is estimated to grow at a CAGR of 7.6% from 2024 to 2032, driven by increasing demand for convenient, self-administered drug delivery systems, particularly for managing chronic conditions such as diabetes, autoimmune disorders, and other diseases. Furthermore, advancements in materials, including biocompatible glass and polymers, support drug stability and compatibility, enhancing the appeal of cartridges for pharmaceutical manufacturers and patients, thus further driving market expansion.

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Cartridges are cylindrical vessels specifically engineered to securely contain and dispense medications in accurate doses. Usually constructed from glass or medical-grade polymers, these cartridges are utilized in various injectable drug delivery systems, including insulin pens, auto-injectors, and prefilled syringes. They play a vital role in maintaining medication stability and sterility while ensuring precise dosing, offering convenience for patients who need to self-administer their treatments.

Cartridges Market Report Attributes
Report Attribute	Details
Base Year:	2023
Cartridges Market Size in 2023:	USD 1.8 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	7.6%
2032 Value Projection:	USD 3.4 Billion
Historical Data for:	2021 - 2023
No. of Pages:	135
Tables, Charts & Figures:	277
Segments covered:	Preparation, Application, Material, Size, End Use, and Region
Growth Drivers:	Rising incidence of chronic disease Growing preference for self-administration Growing advances in pharmaceutical drug delivery and manufacturing technology Rise in biologics and biosimilars research activities
Pitfalls & Challenges:	High cost and complexity in manufacturing Stringent regulatory framework

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market for cartridges was reached USD 1.8 billion in 2023 and is estimated to grow at a 7.6% CAGR from 2024 to 2032, driven by increasing demand for convenient, self-administered drug delivery systems.

The RTU segment is anticipated to grow at an 8% CAGR between 2024 and 2032, due to its convenience and efficiency in drug delivery.

The U.S. held a leading position in the North American market in 2023 and is projected to maintain this dominance with a CAGR of 7.3%, driven by technological advancements and a high prevalence of chronic diseases.

Prominent players in the cartridges industry include AptarGroup, Baxter, Becton, Dickinson and Company (BD), Corning, Daikyo Seiko, Datwyler Holding, Gerresheimer AG, Merck KGaA, Nipro, Schott Group, Shandong Medicinal Glass, Stevanato Group, Transcoject, and West Pharmaceutical Services.