IV Infusion Bottle Seals & Caps Market Set for 5% CAGR During 2019 - 2029
Rising awareness pertaining to parenteral nutrition therapy and advancements in form fill seal technology (FFS) are shaping the growth of IV infusion bottle seals & caps market during the forecast period (2019-2029). The growing prevalence of chronic diseases including ischemic gut malady, gastrointestinal diseases, and malignancy are particularly responsible for upholding adoption of IV infusion bottles wherein seals and caps of different sizes and types are widely used to prevent external contamination. On the back of these factors, the global IV infusion bottle seals & caps market would grow at a promising CAGR of around 5% during the forecast period.
Which factors will uphold the top market positions of developed regions throughout the period of projection?
While North America has been at the forefront of the growth of the IV infusion bottle seals & caps market, Europe will also be an important market through 2027. In addition to ascending prevalence rate of chronic ailments, the European market will gain a prominent push from the growing popularity of parenteral nutrition therapy - particularly in Germany, France, U.K., Italy, and Spain.
Which regional markets would develop a favorable growth scenario for sales of IV infusion bottle seals and caps?
East Asia and South Asia, led by China and India respectively, would be the most promising regions for the growth of IV infusion bottle seals & caps market in the next decade. Their growth potential will be on account of strong growth of emerging economies, rapid expansion of the pharmaceutical industry, and growing per capita healthcare expenditure.
How will the growing acceptance of IV drug therapy among geriatric population shape up the infusion bottle seals & caps market?
Expanding size of geriatric population that consequently translates into diverse health conditions demanding therapeutic attention continues to fuel the growth of IV infusion bottle sales. Aging patients tend to prefer intravenous therapy over oral medication, which warrants accuracy along with efficiency and effective treatment in a shorter time. Growing acceptance of IV administration will be a key booster to sales of IV infusion bottle seals & caps during 2019 – 2029.
Will increasing preference for IV bags hinder sales of IV infusion bottles, and thereby seals & caps?
Our projections suggest that between 2019 and 2029, the IV bags market will expand at a healthy 5% CAGR, which indicate how rapidly IV bags are replacing IV infusion bottles. Adoption of IV bags in the pharmaceuticals industry is gaining momentum, which would probably hamper adoption rate of IV infusion bottles, and thereby, the IV infusion bottle seals & caps.
PP Caps Account for over 50% Share
The advent of cutting-edge technologies in the pharmaceutical packaging sector, coupled with stringent regulations pertaining to packaging safety is likely to propel the demand for PP caps in the near future. Further, as PP caps have the ability to retain their shape and are resistant to breakage and bending, they are increasingly being used to seal IV infusion bottles and thus, forecasted to account for over 50% of the total share. The adoption of rubber seals is on the rise owing to the versatility and flexibility it provides to the manufacturers in terms of elasticity, shape, and strength.
North America to Maintain Lead, East Asia Gaining Ground
Robust healthcare system, strong pursuit of optimum medical polymers, and increasing innovations in pharmaceutical plastic bottles are collectively driving the market growth in North America. However, as prominent pharmaceutical packaging companies are swaying towards outsourcing their production to countries such as China, the market in East Asia is projected for a healthy CAGR of around 6% over the assessment period. In addition, relatively low cost of raw materials in East Asia is attracting investments from established brands that are striving to expand their global footprint.
Supply and Distribution Channels under Spotlight
Leading participants in the IV infusion bottle seals & caps market are vying to expand their global presence and maximizing their ROI by adopting an outsourcing model. Pharmaceutical packaging companies from North America and Western Europe are tying up with local companies in East Asia and South Asia to reduce their operational, logistics, and transportation costs.
PP caps remain top-selling
Adoption of rubber seals rising
21-28 mm remains preferred thickness
Preference for 29-32 mm to gain momentum
How Growth will Unfold
Accounting for over 60% of the total market value, pharmaceutical packaging companies have identified 21-28 mm as the most reliable and stable neck size for caps. In addition, PP or rubber seals of the mentioned size offer enhanced gripping capabilities and ensure product integrity – a leading factor that is likely to influence the demand for 21-28 mm neck sized caps in the foreseeable future.
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
IV Infusion Bottle Seals & Caps Market Analysis 2019-2029
A recent market study published by FMI, “IV Infusion Bottle Seals & Caps Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the IV infusion bottle seals & caps market, growth prospects of the market are obtained with maximum precision.
IV Infusion Bottle Seals & Caps Market Taxonomy
The global IV infusion bottle seals & caps market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Product
- PP Caps
- Euro Pull Ring Caps
- Double Fold Caps
- Foil Caps
- Rubber Seals
Neck Size
- Up to 20 mm
- 21-28 mm
- 29-32 mm
- Above 32 mm
Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
What's Included
The report commences with the executive summary of the IV infusion bottle seals & caps market, which includes a summary of key findings and statistics of the market. It also includes prominent segments in the global IV infusion bottle seals & caps market, along with key facts about IV infusion bottle seals & caps. It also includes graphical representation of segments according to market size and growth rate.
Readers can find detailed segmentation and definition of the IV infusion bottle seals & caps market in this chapter, which will help them understand the basic information about IV infusion bottle seals & caps present in the market. This section also highlights the inclusions and exclusions, which help readers understand the scope of the IV infusion bottle seals & caps market report.
The report provides key market trends that are expected to impact market growth significantly in the coming years. Detailed industry trends are provided in this section, along with key market developments or product innovations, which is likely to have a significant impact on the IV infusion bottle seals & caps market.
This section explains the global market demand analysis for the IV infusion bottle seals & caps market during the forecast period of 2019-2029. It includes the detailed analysis of the historical IV infusion bottle seals & caps market.
This section highlights the average pricing analysis of various types of IV infusion bottle seals & caps, in different regions across the globe. The weighted average pricing at the manufacturer level is analyzed in this section.
This section explains the global market size for the IV infusion bottle seals & caps market during the forecast period of 2019-2029. It includes the detailed analysis of the historical IV infusion bottle seals & caps market size, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2019 – 2020), and an incremental opportunity for the forecast period (2019 – 2029).
This chapter explains the key macroeconomic factors that are expected to influence the growth of the IV infusion bottle seals & caps market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the IV infusion bottle seals & caps market. This chapter also highlights the key market dynamics, which include drivers and restraints. Moreover, readers will understand key opportunities in the global IV infusion bottle seals & caps market.
Based on product, the IV infusion bottle seals & caps market is segmented into PP caps and rubber seals. Further, PP caps is sub-segmented into euro pull ring caps, double fold caps, and foil caps. In this chapter, readers can find information about key attractive segments during the forecast period.
Based on neck size, the IV infusion bottle seals & caps market is segmented into up to 20 mm, 21-28 mm, 29-32 mm, and above 32 mm. In this chapter, readers can find information about key segments during the forecast period.
This chapter explains how the IV infusion bottle seals & caps market is expected to grow across various geographical regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa (MEA).
This chapter includes a detailed analysis of the growth of the North American IV infusion bottle seals & caps market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find some of key points on the basis of estimated market size and consumption of IV infusion bottle seals & caps.
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting the growth of the Latin America IV infusion bottle seals & caps market. This chapter also includes growth prospects of the IV infusion bottle seals & caps market in leading LATAM countries such as Brazil, Mexico, Argentina, and the rest of Latin America.
Important growth prospects of the IV infusion bottle seals & caps market based on product and neck size in several countries such as Germany, the UK, France, Spain, Italy, Russia, BENELUX, and the rest of Europe are included in this chapter.
India, Indonesia, Thailand, Singapore, and Malaysia are the leading countries in the South Asia region that are prime subjects of assessment to obtain growth prospects of the South Asia IV infusion bottle seals & caps market in this chapter. Readers can find detailed information about growth parameters of the South Asia IV infusion bottle seals & caps market during the period 2019-2029.
This chapter highlights the growth of the IV infusion bottle seals & caps market in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding the growth of the IV infusion bottle seals & caps market in the East Asian region.
This chapter provides information about how the IV infusion bottle seals & caps market will grow in major countries in the MEA region such as GCC Countries, South Africa, Turkey, Northern Africa, and the rest of MEA during the forecast period 2019 - 2029.
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain growth prospects of the Oceania IV infusion bottle seals & caps market.
The section provides market forecast and analysis for emerging countries based on key market segments considered. It also covers market attractiveness analysis by key segments, along with the impact of market dynamics and a brief overview of key players in the region.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the IV infusion bottle seals & caps market, along with their market presence analysis by region and product portfolio.
In this chapter, readers will find a comprehensive list of all leading manufacturers in the IV infusion bottle seals & caps market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Cardinal Health, Inc., Dätwyler Holding AG, Medline Industries, Inc., B. Braun Medical Inc., RENOLIT SE, Wuxi Qitian Medical Technology Co., Ltd., Winfield Laboratories Inc., and Prasad Meditech, among others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the IV infusion bottle seals & caps report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information about the IV infusion bottle seals & caps market.
How the research was conducted?
Primary Research
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information:
- Key Segments in the IV Infusion Bottle Seals & Caps Market
- Market Share Analysis
- Average Selling Price (US$) and Market Growth
- Comparative Analysis of Several IV Infusion Bottle Seals & Caps Present in the Market
- Market Size
- Key Trends & Developments
- Competition & Key Vendor Strategies
Secondary Research
- Industry Journals
- Pharmaceutical Packaging Industry Growth
- Annual Reports/SEC filings/Investor Presentations
Primary Interview Splits
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