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Cartridges Market Trends

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

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Cartridges Market Trends

The growing preference for self-administered therapies among patients is significantly boosting demand for cartridges. Patients increasingly prefer self-administration for its convenience, allowing them to manage conditions like diabetes, rheumatoid arthritis, and other chronic diseases from home. Cartridges used in insulin pens and auto-injectors support accurate dosing and ease of use, enhancing patient adherence to treatment plans. This shift aims to improve patient autonomy and flexibility while also reducing dependency on healthcare facilities, making self-administration an attractive and cost-effective option that continues to drive the market expansion.

Moreover, advancements in manufacturing processes are optimizing production efficiency, focusing on eco-friendly materials, and ensuring consistent quality, all aimed at fostering the adoption of cartridges within the pharmaceutical sector.

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.