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Vaccine Vials Global Market Report to 2028: Sector to Reach $1 Billion by 2028 at a CAGR of 10.6%

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Research and Markets

Feb 09, 2023, 14:40 ET

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DUBLIN, Feb. 9, 2023 /PRNewswire/ -- 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/32xliw-vials?w=5

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact: Laura Wood | +353-1-481-1716 | [email protected]

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets

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