United States Depyrogenated Sterile Empty Vials Market Size, Share, and COVID-19 Impact Analysis, By Product (2ml, 5ml, 10ml, 20ml, and More Than 20ml), By End-User (Pharmaceuticals, Biotechnology, and Research Laboratories), and United States Depyrogenated Sterile Empty Vials Market Insights, Industry Trend, Forecasts to 2033
Industry: HealthcareUnited States Depyrogenated Sterile Empty Vials Market Insights Forecasts to 2033
- The U.S. Depyrogenated Sterile Empty Vials Market Size was valued at USD 3.11 Billion in 2023.
- The Market is growing at a CAGR of 4.17% from 2023 to 2033
- The U.S. Depyrogenated Sterile Empty Vials Market Size is expected to reach USD 4.68 Billion by 2033
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The United States Depyrogenated Sterile Empty Vials Market is anticipated to exceed USD 4.68 Billion by 2033, growing at a CAGR of 4.17% from 2023 to 2033. The growing incidences of infectious diseases, technological advancements in vial manufacturing, increasing number of research institutes, labs, and biopharmaceutical companies, and compounding medication demand are driving the growth of the depyrogenated sterile empty vials market in the US.
Market Overview
Depyrogenated sterile empty vials are designed to ensure sterility and prevent pyrogen contamination, and are essential for the production and packaging of medications and vaccines. These sterile empty vials undergo a depyrogenation process i.e. high-temperature heating to eliminate pyrogens and other residual endotoxins. In the biotech and pharmaceutical industries, these vials are crucial containers for the storage and transportation of injectable medications and vaccinations. The nation has strict regulations governing the production and packing of parenteral products, including sterilization requirements and the absence of endotoxins, RNase, and DNase. Furthermore, the pharmaceutical industry’s ongoing research and development efforts, as well as the growing necessity for sterile packaging to assure drug safety, lead to an upsurge in the demand for depyrogenated sterile empty vials. In addition, the enhancements to vial depyrogenation techniques, like enhanced heat management and cleaning procedures, may result in better-quality products with a reduced risk of contamination.
Report Coverage
This research report categorizes the market for the US depyrogenated sterile empty vials market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States depyrogenated sterile empty vials market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the US depyrogenated sterile empty vials market.
United States Depyrogenated Sterile Empty Vials Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 3.11 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.17% |
2033 Value Projection: | USD 4.68 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 195 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product, By End-User |
Companies covered:: | Thermo Fisher Scientific, Inc., VWR International, LLC, Merck KGaA, Stevenato Group, DWK Life Sciences, SiO2 Medical Products, Inc., Corning, Inc., SCHOTT Corporation, and other key companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The increasing incidences of infectious disorders are responsible for driving the market demand as injectable drugs are used for treating these diseases. Technological advancements in pharmaceutical packaging to develop innovative vials as well as the rapid expansion of the pharmaceutical sector are responsible for driving the market growth. Further, the support from the government for innovative packaging and the increasing number of clinical laboratories and biopharmaceutical companies are expected to drive the market demand. The Pharmaceutical Research and Manufacturers of America estimates that biopharmaceutical businesses made around USD 122.0 billion in research and development investments in the United States in 2022. In addition, the trend of individualized drugs along with the rising demand for compounding medications is driving the market demand.
Restraining Factors
The increasing need for other parenteral packaging alternatives is restraining the US depyrogenated sterile empty vials market.
Market Segmentation
The United States Depyrogenated Sterile Empty Vials Market share is classified into product and end-user.
- The more than 20ml segment dominated the market with the largest market share in 2023.
The United States depyrogenated sterile empty vials market is segmented by product into 2ml, 5ml, 10ml, 20ml, and more than 20ml. Among these, the more than 20ml segment dominated the market with the largest market share in 2023. More than 20ml volume vials are primarily used for packaging injectables in the pharmaceutical and biopharmaceutical industry. The growing prevalence of infectious and non-infectious diseases and increasing R&D investments are driving the market.
- The pharmaceuticals segment dominates the US depyrogenated sterile empty vials market during the forecast period.
Based on the end-user, the U.S. depyrogenated sterile empty vials market is divided into pharmaceuticals, biotechnology, and research laboratories. Among these, the pharmaceuticals segment dominates the US depyrogenated sterile empty vials market during the forecast period. Pharmaceutical companies manufacture a variety of injectable medications, such as biologics, vaccines, and antibiotics, all of which need to be packaged in sterile conditions to protect patients. The growing medical and biotech research projects are propelling the market growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.S. depyrogenated sterile empty vials market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Thermo Fisher Scientific, Inc.
- VWR International, LLC
- Merck KGaA
- Stevenato Group
- DWK Life Sciences
- SiO2 Medical Products, Inc.
- Corning, Inc.
- SCHOTT Corporation
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Depyrogenated Sterile Empty Vials Market based on the below-mentioned segments:
US Depyrogenated Sterile Empty Vials Market, By Product
- 2ml
- 5ml
- 10ml
- 20ml
- More Than 20ml
US Depyrogenated Sterile Empty Vials Market, By End-User
- Pharmaceuticals
- Biotechnology
- Research Laboratories
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