Dublin, Feb. 08, 2023 (GLOBE NEWSWIRE) -- The "Vaccine Vials Market by Type, Material, Capacity, Application, and Region 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global vaccine vials market size reached US$ 576.9 Million in 2022. Looking forward, the publisher expects the market to reach US$ 1,056.0 Million by 2028, exhibiting a CAGR of 10.6% during 2022-2028.
Companies Mentioned
- Anhui Huaxin Medicinal Glass Products Co. Ltd.
- Berlin Packaging LLC
- Corning Incorporated
- DWK Life Sciences GmbH
- Gerresheimer AG
- Jinan Youlyy Industrial Co. Ltd.
- JOTOP Glass
- Richland Glass Company
- Schott AG
- Shandong Pharmaceutical Glass Co. Ltd.
- Stevanato Group
Vaccine vials are cylindrical-shaped, small-sized storage units manufactured from glass material to store liquid medicines. They are highly resistant to enzymes and moderately resilient to temperature changes.
They are also chemically inert and consequently do not react with the material stored inside. At present, they are commonly available in single and multi-doze variants. The single-doze vaccine vials are used once, while the multi-doze vaccine vials can be utilized more than once.
The increasing number of individuals with chronic medical conditions and viral infections currently represents one of the major factors driving the demand for vaccine vials around the world. The rising aging population, which is more prone to severe medical ailments, and significant improvements in the healthcare infrastructure and medical services are also strengthening the growth of the market.
Moreover, the growing incidences of airborne diseases on account of the increasing air pollution are influencing the market positively. In addition, governments of numerous countries are undertaking initiatives to monitor the distribution, supply, and administration of vaccine vials, which is contributing to the growth of the market.
Apart from this, the growing budget of pharmaceutical companies for research and development (R&D) projects to improve product effectiveness is creating a positive outlook for the market.
Furthermore, key players are incorporating vaccine vial monitors (VVMs) that help indicate exposure of the vaccine to cumulative heat via a change in color. These monitors also assist health workers in knowing whether the vaccine has exceeded a pre-set limit beyond which the vaccine should not be used. This, in turn, is anticipated to provide a favorable market outlook in the coming years.
Key Questions Answered in This Report
1. What was the size of the global vaccine vials market in 2022?
2. What is the expected growth rate of the global vaccine vials market during 2023-2028?
3. What are the key factors driving the global vaccine vials market?
4. What has been the impact of COVID-19 on the global vaccine vials market?
5. What is the breakup of the global vaccine vials market based on the type?
6. What is the breakup of the global vaccine vials market based on the material?
7. What are the key regions in the global vaccine vials market?
8. Who are the key players/companies in the global vaccine vials market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Vaccine Vials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Multi Dose
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Single Dose
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material
7.1 Glass
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polymer
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Capacity
8.1 10ml
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 20ml
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 2ml
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 3ml
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 5ml
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Application
9.1 Preventive Vaccine
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Therapeutic Vaccine
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/lmvsyr-vials?w=12
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