The global Unit Dose Manufacturing market size is expected to be worth around US$ 70.5 billion by 2030, according to a new report by Vision Research Reports.
The global Unit Dose Manufacturing market size was valued at US$ 17.0 billion in 2020 and is anticipated to grow at a CAGR of 19.2% during forecast period 2021 to 2030.
|Market Size||US$ 70.5 billion by 2030|
|Growth Rate||CAGR of 19.2% From 2021 to 2030|
|Largest Market||North America|
|Forecast Period||2021 to 2030|
|Segments Covered||Sourcing, Product, End-use|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Catalent Inc.; Patheon (Thermo fisher); Unither; Tapemark; Mikart; Renaissance Lakewood, LLC; Medical packaging, Inc.; CordenPharma; American Health Packaging|
In the first half of 2020, the growth of the market was stagnant, but the market started to recover by the end of 2020. It was mainly due to the use of unit doses for the treatment of COVID-19 as it decreases the risk involved while handling and pouring doses from the same bottle.
Unit dose manufacturing has many advantages as the drug can be easily identified, and the formulation of the drug is protected until the moment of administration. If the container is intact and the drug has not been used, it can be redisposed and retrieved without changing its formulation. The most important benefit is that it can be administered in the proper dosage and ensures that the patient does not exceed the prescribed limit.
However, the COVID-19 pandemic has a significant effect on the pharmaceutical market. The first half of the COVID-19 pandemic had slowed growth but by the end of 2020, the market started to recover. The unit dose manufacturing is lucratively used in the current scenario as it reduces the risk of handling and contamination.
By Sourcing Analysis
The outsourcing segment dominated the market with a revenue share of over 56.0% in 2020. The market is estimated to become 3.55 times of itself by 2030. This segment is also expected to grow at the fastest rate over the forecasted period.
Pharmaceutical companies that manufacture unit dosages are included in the in-house segment. The in-house segment is projected to exhibit gradual growth over the forecasted period due to increasing outsourcing activity.
By Product Analysis
The solid unit dose segment dominated the market and accounted for over 46.0% share of the global revenue in 2020. This growth is due to the formulations having a better shelf life. Besides, they are cost-effective, efficient, and simple to use. The solid dose is well understood, and it is accepted globally.
The solid unit dose is expected to witness rapid expansion in the coming years. This is due to fixed-dose combinations, controlled-release dosage forms, and reformulations of existing drugs, which are some of the factors that are driving the contract manufacturing of solid dosage formulations.
By End-use Analysis
The independent pharmacies segment accounted for the largest revenue share of over 31.0% in 2020. It is estimated to become 4.01 times of itself by 2020. The segment is also anticipated to register the fastest growth rate over the forecast period.
The hospitals segment accounted for the second-largest revenue share in 2020. Unit dose packaging is extremely beneficial in hospitals. In hospitals and long-term care institutions, small improvements make it safer and more efficient for patients and health personnel.
By Regional Analysis
The North American market held the largest revenue share of over 35.0% in 2020. A patient-centric drug development approach is adopted by most drug product manufacturers, big pharma companies, generics, and nutraceutical segments.
The growth of unit dose manufacturing in North America is due to high healthcare expenditure, well-established healthcare infrastructure, the presence of dominant market players, and the flourishing pharmaceutical industry in the region.
Patheon (Thermo fisher)
Renaissance Lakewood, LLC
Medical packaging, Inc.
American Health Packaging
Liquid Unit Dose
Solid Unit Dose
Long Term Care Facility
Middle East & Africa
The Unit Dose Manufacturing market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Unit Dose Manufacturing market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Unit Dose Manufacturing market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Unit Dose Manufacturing market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Unit Dose Manufacturing market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Unit Dose Manufacturing capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Unit Dose Manufacturing by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Unit Dose Manufacturing market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Unit Dose Manufacturing market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Unit Dose Manufacturing market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Unit Dose Manufacturing industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Unit Dose Manufacturing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Unit Dose Manufacturing market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Unit Dose Manufacturing market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Unit Dose Manufacturing market. These factors have benefited the growth of the global market for Unit Dose Manufacturing. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Unit Dose Manufacturing. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Unit Dose Manufacturing are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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