Ampoule Filled Pharmaceutical Products Market (By Therapeutic Area: Anti-cancer, Anti-diabetics, Cardiovascular Drugs, Vaccines, and Others; By Drug Type) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook and Forecast 2021 - 2028

The global ampoule filled pharmaceutical products market is expected to reach at a CAGR of 6.8% during the forecast period 2021 to 2028, driven by growing demand for sterile injectable drugs coupled with rising spending on research and development in the pharma sector.

Pharmaceutical products such as injectable liquid form drugs are frequently packed, sealed, and stored in ampoules, as they provide and fulfill the precise packaging requirement. Rising preferences for sterile injectable drugs across continents with unit dose ampoules packaging structure is driving the market significantly. The TMR team segmented the analysis of ampoule filled pharmaceutical products market based on therapeutic area and drug class. Based on drug class, branded drugs in the global ampoule filled pharmaceutical products market is expected to account for a lion’s market share and lead the overall ampoule filled pharmaceutical products market during the forecast period. 

New Product Development Strategies to Aid Market Growth  
                 
Due to the evolving pharmaceutical sector, a number of pharmaceutical products is being developed to cater to the rapidly changing consumer landscape. Players engaged in the development of pharmaceutical drugs and medication are increasingly focusing on new product development strategies (NDP) to address looming challenges in drug development, including long-development time, high capital investment, and market uncertainty. The increasing focus on the development of generic and bio-generic products is likely to provide an impetus to the growth of the global ampoule filled pharmaceutical products market during the assessment period.

The Asia Pacific region is anticipated to provide abundant opportunities to the players involved in the current ampoule filled pharmaceutical products market landscape, owing to increasing focus on improving healthcare infrastructure and ecosystem by governments. The significant rise in private sector investments across the pharmaceutical sector in the Asia Pacific region is projected to play an imperative role in the development of the global ampoule filled pharmaceutical products market during the assessment period.

Emergence of New Technologies and Launch of New Products to Boost Market Growth

The emergence of new production and manufacturing technologies have accelerated the development of ampoule filled pharmaceutical products in recent years. The noteworthy rise in the prevalence of chronic diseases, including rheumatoid arthritis, cancer, and diabetes coupled with the surge in the interest for point-of-care devices is anticipated to have a strong impact on the expansion of the global ampoule filled pharmaceutical products market in the upcoming years.

Several companies are increasing their investments in the pharmaceutical packaging space– a factor that is set to augment the demand for ampoule filled pharmaceutical products due to their quality, safety, and effectiveness. For instance, in April 2019, Schott announced that the company would invest ~US$ 1 Bn to increase its pharmaceutical packaging capacity to cater to the increasing demand for packaging such as ampoules, syringes, vials, etc. Similar investments from private sector companies are likely to set the tone for development across the global ampoule filled pharmaceutical products market.

Key Findings

• Based on drug type, the branded drugs segment is projected to lead the overall ampoule filled pharmaceutical products market capturing more than 3/5^th of the market share in 2020. The same segment is projected to offer total incremental opportunity of US$ 67 Bn with expansion of 1.9 times of its value over the next 10 years.
• In terms of therapeutic area, analgesics and vaccines segments are expected to lucrative for ampoule filled pharmaceutical products. The same segments are generating consistent demand for ampoule filled pharmaceutical products and expected to hold more than 34% share of total market share by the end of 2028. 
• In terms of market share and revenue generation, the market in the Asia Pacific region is anticipated to grow significantly. Rapid expansion of the pharmaceutical industry coupled with increasing spending on healthcare in Asian countries is promising significant market growth during the forecast period.

Rising Demand for Unit Dose Packed Pharmaceutical Products Supplements the Sales

• Ampoules are the traditional primary packaging solution for medicines. With the invention of injections, ampoules and syringes have also been introduced in the market. The favorable conditions to store injectable drugs are making ampoules as widely used primary packaging products.
• The demand for ampoules is hampering by prefilled syringes and ampoules in developed regions, but expected to grow in emerging regions due to low cost
• Pharmaceutical companies still prefer ampoules for basic drugs such as anesthetics, pain drugs, and anti-inflammatories. This factor is driving the global ampoules filled pharmaceutical products market.
• In addition, ampoules are growing in demand, owing to secured and cost-effective way to achieve sustainability in pharmaceutical packaging
• Ampoules are highly acceptable by companies due to its single use and tamper-proof properties, which provide high secured injectable drug delivery solutions

Asian Countries to Offer Financial Growth Avenues to Manufacturers

• In the last couple of years, highly-potential Asian countries have emerged as production hubs of pharmaceutical products. Moreover, the pharmaceutical industry in Asian countries has witnessed astonishing growth. Leading pharmaceutical giants operating in the global pharmaceutical market are constantly expanding their business reach in the Asia Pacific region due to ease of availability of raw material required for pharmaceutical products and low manufacturing cost.
• Furthermore, rising private sector investment in pharmaceutical R&D in the Asia Pacific region has fueled the growth of the pharmaceutical sector to a significant extent. Thus, leading manufacturers of ampoule filled pharmaceutical products can target Asian countries to strengthen their market position and financial profitability.

Solution Contamination with Glass Micro Particles and Metals

• Although glass is the most widely preferred type of packaging material in ampoules, it also accompanies some of the notable risks associated with usage, handling, and production.  One of the major risks associated with glass ampoules is the contamination of solution with glass micro particles while snap opening. It is widely observed that the metal particles introduced while processing can contaminate the solution. The glass and metal micro particles can ultimately generate organic reactions harming the body when inserted through solution.
• Moreover, improper handling of ampoules during treatments is also anticipated to expose users to percutaneous injuries. Hence, contamination with glass and micro particles is projected to be one of the major risks associated with the usage and handling of glass ampoules.

Competition Landscape

The global ampoule filled pharmaceutical products market is projected to witness strong competition among key players. This market includes few well-established market participants. Along with this, several other local and small scale manufacturers are also entering the ampoule filled pharmaceutical products market attributing to a significant revenue creation with the rising demand for ampoule filled pharmaceutical products. Some of the key players operating in the global ampoule filled pharmaceutical products market are GlaxoSmithKline plc, Sanofi, Allergan, Sun Pharmaceutical Industries Ltd, Pfizer Inc, Roche Holding AG, Novartis AG, Merck, Cadila Healthcare, and Johnson & Johnson, among others.   

The tier structure is formulated on the basis of segmental revenue and market share of the company. As per tier structure, Roche Holding AG, Novartis AG, and Pfizer Inc. are tier 1 players in the ampoule filled pharmaceutical products market. These leading companies are adopting key strategies such as business expansions, acquisitions, and products launches to strengthen their position in the ampoule filled pharmaceutical products market. Moreover, tier 2 players are GlaxoSmithKline plc, Johnson & Johnson, and Merck.

Market Segmentation

By Therapeutic Area

• Anti-cancer
• Anti-diabetics
• Neurological Drugs
• Cardiovascular Drugs
• Analgesics
• Anti-infective
• Vaccines
• Others

By Drug Class

• Generic Drugs
• Branded Drugs

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Scope of the Report

A new study on the global ampoule filled pharmaceutical products market, providing forecast for the period of 2021-2028. In the study, growth opportunity for the ampoule filled pharmaceutical products market is witnessed. The report provides valuable insights, which enable readers to make winning business decisions for future growth of their businesses. The report highlights significant factors that are constantly determining the growth of the ampoule filled pharmaceutical products market, untapped opportunities for manufacturers, trends and developments, and other insights across various key segments. Macroeconomic factors that are directly or indirectly affecting market growth are also incorporated in the report.

Key Questions

• What will be market size for ampoule filled pharmaceutical products by the end of 2028?
• What will be the impact of COVID-19 on ampoule filled pharmaceutical products market?
• Which region will remain most lucrative for market growth?
• Which drug class holds maximum market share in the global ampoule filled pharmaceutical products market?
• Who are major key players in the ampoule filled pharmaceutical products market?

Key indicators associated with the ampoule filled pharmaceutical products market have been calculated thoroughly in the report. The study enumerates vital market dynamics such as key drivers, challenges, and trends, along with opportunities in the global ampoule filled pharmaceutical products market. A comprehensive study on the value chain, which includes component suppliers, manufacturers, distributors, and end users have been incorporated in the global market report. Other key aspects laid down in the market include pricing strategy of leading market players and comparative analysis of ampoule filled pharmaceutical products. Furthermore, forecast factors and forecast scenarios of the ampoule filled pharmaceutical products market have been covered in the report to understand future prospects of the market.

A comprehensive evaluation and forecast on the ampoule filled pharmaceutical products market are provided on the therapeutic area, drug type, and region.

Y-o-Y growth comparison, revenue comparison, and market share comparison of various market segments are provided in the report. The ampoule filled pharmaceutical products market is analyzed at both regional and country levels.

The report delivers an exhaustive assessment on the structure of the ampoule filled pharmaceutical products market, in tandem with a dashboard view of all leading company profiles in the report. Every company’s share analysis on market players have also been presented in the report, apart from the footprint matrix of profiled market players. The report depicts the presence of ampoule filled pharmaceutical products manufacturers by leveraging an intensity map. It also highlights key end users for ampoule filled pharmaceutical products.

Research Methodology

A realistic methodology, along with a holistic approach makes the base for sharp insights, which are provided in the ampoule filled pharmaceutical products market for the study evaluation period. The report comprises of detailed information on growth prospects, along with riveting insights into the forecast assessment of the market.

Extensive primary and secondary researches have been employed to garner keen insights into the forecast study of the ampoule filled pharmaceutical products market. The report has further undergone a cross-validation by in-house professionals to make the ampoule filled pharmaceutical products market report one-of-its-kind, with the highest credibility.