[250 Pages Report] The Unit Dose Manufacturing market revenues were estimated at US$ 18.3 Bn in 2021 and is anticipated to grow at a CAGR of 22.4% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to cross US$ 160 Bn market.
The benefits associated with unit dose manufacturing including complete drug identification and the preservation of dosage form’s integrity until the time of administration is projected to enable the market loom further in double digit growth during the period of projection. If the drug has not been used and the container is still intact, it can be retrieved without jeopardizing the drug’s formulations. In addition, the FDA regulates unit dose-packed oral solid pharmaceuticals. Another method that has gained popularity is unit dosage repackaging, as unit dosages must be placed in containers for continuous use in hospitals. Questions about their stability, formulation contamination, and product expiration have arisen as their popularity has grown.
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Besides, unit dosages have raised patient and staff safety standards. They aid in the elimination of the possibility of erroneous dosing. To facilitate speedy and effective monitoring, they use electronic papers. It is easy to spot any broken containers when using liquid unit doses. Unit doses also save consumers’ money on medications they do not need.
Key Takeaways from the Market Study
- Global Unit Dose Manufacturing market is estimated to reach a market size of around US$ 22 Bn by 2022
- Top Type being Outsourcing expected to grow at a CAGR of 19.8%.
- Top Filament being Solid Unit Dose expected to grow at a CAGR of 22.8%.
- With over 25% projected growth rate, Unit Dose Manufacturing revenue is expected to grow at fastest pace in Asia Pacific, during 2022 – 2032.
Benefits associated with manufacturing unit doses over packaging, and flourishing pharmaceutical industry, are expected to shape the overall Unit Dose Manufacturing market, comments a Future Market Insights analyst.
Competitive Landscape
A large number of regional and global players operate in the unit dose manufacturing market. A variety of strategies are being employed by companies to remain competitive. According to the market research analysis, partnerships and expansion have been the prominent development in Unit Dose Manufacturing market in recent year. Catalent Inc, Patheon, Unither, Mikart, Tapemark, Renaissance, Medical packaging Inc, Corden pharma, and American health packaging are the prominent providers of Unit Dose Manufacturing services.
- In August 2020, Nanjing Ruinian Best Pharmaceutical Co. Ltd. was acquired by Unither Pharmaceuticals August 2020. This acquisition was reported to be focused on aiding Unither Pharmaceuticals expand in China through offering experience regarding medication research and single-dose sterile drugs without preservatives.
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More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Unit Dose Manufacturing market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of by Type (Inhouse, Outsourcing), Filament (Solid Unit Dose, Liquid Unit Dose, Other), Application (Independent Pharmacies, Long Term Care Facility, Hospitals, Others), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
Future Market Insights’ Domain Knowledge in Healthcare Division
Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Healthcare domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the Healthcare industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.
Key Companies Profiled :
- Catalent Inc.
- Patheon (Thermo fisher)
- Unither
- Tapemark
- Mikart
- Renaissance Lakewood, LLC
- Medical packaging, Inc.
- CordenPharma
- American Health Packaging
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Market Segments Covered in Unit Dose Manufacturing Industry Analysis
By Type:
- In-House
- Outsourcing
By Filament:
- Solid Unit Dose
- Liquid Unit Dose
- Other Filaments
By Application:
- Independent Pharmacies
- Long Term Care Facility
- Hospitals
- Others
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.
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