By the end of 2033, the global dosage spoons market is anticipated to have grown from US$ 279.3 Mn in 2023 to US$ 486.1 Mn. During the predicted period from 2023 to 2033, the market is expected to rise steadily at a CAGR of 5.7%. According to a recent FMI report, the top 5 dosage spoon suppliers will account for roughly 15% to 20% of the global market in 2022.
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A patient or a healthcare practitioner can measure the dosage of a medicine using a dosing spoon. Due to features like availability in various sizes, precise measurement, low weight, reusable, disposable, and cost-effectiveness, it is becoming extremely popular among end users.
The use of dosage spoons in hospitals, laboratories, and pharmaceutical businesses is expected to increase significantly. They are regarded as the most practical and convenient product for the growing elderly population around the world.
The market for pharmaceutical packaging items, such as dosage spoons, is predicted to increase as healthcare facilities are expanded for the growing elderly population. Given its many advantages, dosage spoons are becoming very well-liked by consumers, which will help boost sales.
The increasing use of this measurement tool in various hospitals, labs, and pharmaceutical facilities is expected to create a lot of chances for makers of dosage spoons over the course of the next ten years, according to Future Market Insights (FMI). According to FMI, the sale of dosage spoons is expected to increase across many regions.
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Key Takeaways from the Dosage Spoon Market
- By material, the plastic segment is projected to register a CAGR of 5.5% during the forecast period.
- In terms of capacity, the up to 5 ml segment is estimated to hold around 46% of the market value share by the end of 2023.
- Based on end use, the commercial segment is projected to grow 1.7 times the current market value during 2023-2033.
- Demand for dosage spoons in India is projected to expand at a CAGR of 6.4% during 2023-2033.
- The dosage spoon market is likely to create an incremental growth opportunity of US$ 221.4 Mn during the evaluation period.
“Growing demand for appropriate medication with measurement devices for each person and spoons made of suitable non-toxic materials that do not harm the environment would aid sales. Besides, expanding pharmaceutical sector across the globe is projected to push sales of dosage spoons in the next ten years,” says an FMI analyst.
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Surging Demand for Proper Tools to Prevent Errors of Over-dose or Under-dose Will Augment Sales of Dosage Spoons
Parents while taking or providing medicines to their children sometimes make an error due to improper measurement. This error may cause harm to patients due to the intake of over or under-dose of the medicine.
Proper measurement tools such as dosage spoons can help to prevent medication errors, which would fuel the demand for these spoons among end users. Traditionally used utensil spoons for measuring medicines at home cause medication error, which increases the preference for dosage spoons among users.
Pharmaceutical companies are set to provide dosage spoons or dosage cups along with medication bottles to reduce accidental medication errors. Rising awareness among patients and parents about the proper usage of a measurement tool to measure the medicine is anticipated to augment sales of dosage spoons among end users.
Dosage spoons are convenient to use due to the measurement printed or embossed on the cups. These measurement tools would make it easy for the person to measure the medicine without the fear of error. Increasing adverse impact of over or under-dose of medication among patients will propel the demand for dosage spoons.
Competition Landscape: Dosage Spoon Market
Key players operating in the global dosage spoon market are HEINLEIN PLASTIK-TECHNIK GMBH, Comar LLC, Medicaplastic, Origin Pharma Packaging, Sampling Systems Ltd., Rx Systems, Inc., Ntinos Poupas LTD, VWR International, LLC, and Farmmash. Also, some of the other noticeable players in the market include Fox Lile Sciences, Space Age Plastic Industries, Shako Plastick, PureBulk Inc., Slipce Cast Limited, and Suretx Instruments Limited.
Dosage Spoon Market Outlook by Category
By Material:
- Plastic
- Metal
- Glass
By Capacity:
- Up to 5 ml
- 6 ml to 10 ml
- 11 ml to 15 ml
- Above 15 ml
By End Use:
- Commercial
- Laboratories
- Hospitals & Medical Facilities
- Pharmaceutical Companies
- Research Institutes
- Institutional
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
- Oceania
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