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PUBLISHER: Grand View Research | PRODUCT CODE: 1321358
PUBLISHER: Grand View Research | PRODUCT CODE: 1321358
Europe Glass Prefilled Syringes & Glass Vials Packaging Equipment Market Size, Share & Trends Analysis Report By Machine Type (Cleaning Machine, Filling Machine, Labeling Machine, Closing/Sealing Machine), By Region & Segment Forecasts, 2023 - 2030
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Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market Growth & Trends
The Europe glass prefilled syringes and glass vials packaging equipment market size is anticipated to reach USD 311.3 million by 2030, growing at a CAGR of 5.5% during the forecast period, according to a new report by Grand View Research, Inc. One of the key drivers for the growth is the flourishing pharmaceutical industry in the region. The ongoing advancements in technologies employed in the pharmaceutical industry and new medicine launches have fueled the demand for glass prefilled syringes and glass vials packaging equipment in Europe.
Glass-prefilled syringes are becoming popular among medical professionals and are being used in various areas such as hospital operating rooms and emergency rooms. They are also utilized by individuals with chronic conditions who frequently undertake parenteral self-injecting doses of different medicines. In contrast to glass prefilled syringes, vials have a transparent, smooth surface that enables the users to check packed content for contamination or deterioration. These factors are anticipated to fuel the demand for glass vials in Europe in the coming years.
According to the European Federation of Pharmaceutical Industries and Association, the pharmaceutical research and development expenditure in the region increased from USD 41,289 million in 2019 to USD 43,225 million in 2020, while research and development expenditure in Germany and France in the same year stood at USD 8,516 million and USD 4,812 million, respectively. In September 2022, Gerresheimer AG partnered with Stevanato Group S.p.A. to develop a ready-to-use solution platform with a major focus on vials.
The increasing research and development expenditure for launching new medicines in the market, along with the surging production of prefilled syringes and vials in the region, are contributing to the growth of the market in Europe over the forecast period. The chart below shows pharmaceutical production in France, Germany, Italy, Switzerland, and Spain in 2020. It is seen that pharmaceutical production was the highest in Switzerland, standing at USD 57,983 million, while it was lowest in Spain, standing at USD 17,708 million in 2020 is also fueling the growth of this segment.
Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market Report Highlights
- The closing/sealing machine segment held 16.0% of the market share in 2022 owing to low energy consumption, simple orientation, low maintenance requirements, and high production rate. Moreover, vial closing/sealing machines are significantly used for stoppering and sealing vials containing vaccines or injectable products
- The surging demand for drug delivery devices in Europe is anticipated to be another key factor driving the growth of the pharmaceutical industry in the region. This is expected to propel the demand for glass syringes and vials in Europe in the coming years
- The rising healthcare expenditure and the surging demand for drug delivery systems in Europe are expected to fuel the growth of glass prefilled syringes and glass vials packaging equipment market in the region during the forecast period
- One of the major restraints for the market growth is the high initial capital investments required for acquiring and installing these equipment. The equipment used for packaging prefilled syringes are costly. This poses a barrier for small- and medium-sized enterprises or countries with limited financial resources
- In June 2023, DWK Life Sciences announced the expansion and modernization of its glass vial manufacturing facility in Rockwood, Tennessee to meet the increasing demand for borosilicate glass vials used for vaccines and drugs. The company connected its new equipment deployments with substantial enhancements to its existing equipment to nearly double its manufacturing capacity. With significant funds invested in this facility, DWK Life Sciences has fully automated production lines and a centralized Class 8 accredited cleanroom
Product Code: GVR-4-68040-095-2
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope and Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Segmentation & Scope
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Regulatory Framework
- 3.5. Technology Framework
- 3.6. Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Industry Challenges
- 3.7. Business Environmental Tools Analysis: Dehumidifier Market
- 3.7.1. Porter's Five Forces Analysis
- 3.7.1.1. Bargaining Power of Suppliers
- 3.7.1.2. Bargaining Power of Buyers
- 3.7.1.3. Threat of Substitution
- 3.7.1.4. Threat of New Entrants
- 3.7.1.5. Competitive Rivalry
- 3.7.2. PESTLE Analysis
- 3.7.2.1. Political Landscape
- 3.7.2.2. Economic Landscape
- 3.7.2.3. Social Landscape
- 3.7.2.4. Technology Landscape
- 3.7.2.5. Environmental Landscape
- 3.7.2.6. Legal Landscape
- 3.7.1. Porter's Five Forces Analysis
Chapter 4. Europe Glass Prefilled Syringes and Glass Vials Packaging Equipment Market: Machine Type Estimates & Trend Analysis
- 4.1. Europe Glass Prefilled Syringes and Glass Vials Packaging Equipment Market: Machine Type Movement Analysis, 2022 & 2030
- 4.2. Cleaning Machine
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Filling Machine
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Labeling Machine
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Closing/Sealing Machine
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.6. Others
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Europe Glass Prefilled Syringes and Glass Vials Packaging Equipment Market: Country Estimates & Trend Analysis
- 5.1. Glass Prefilled Syringes and Glass Vials Packaging Equipment Country Movement Analysis, 2022 & 2030
- 5.2. Europe
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.2. Market estimates and forecasts, by machine type, 2018 - 2030 (USD Million)
- 5.2.3. France
- 5.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.3.2. Market estimates and forecasts, by machine type, 2018 - 2030 (USD Million)
- 5.2.4. Germany
- 5.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.4.2. Market estimates and forecasts, by machine type, 2018 - 2030 (USD Million)
- 5.2.5. Italy
- 5.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.5.2. Market estimates and forecasts, by machine type, 2018 - 2030 (USD Million)
- 5.2.6. Switzerland
- 5.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.6.2. Market estimates and forecasts, by machine type, 2018 - 2030 (USD Million)
- 5.2.7. Spain
- 5.2.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2.7.2. Market estimates and forecasts, by machine type, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis, By Key Market Participants
- 6.2. Company Categorization
- 6.3. Participant's Overview
- 6.4. Financial Overview
- 6.5. Product Benchmarking
- 6.6. Company Market Positioning
- 6.7. Company Market Share Analysis
- 6.8. Company Heat Map Analysis
- 6.9. Strategy Mapping
- 6.10. Key Players, Recent Development & Their Impact on the Industry
Chapter 7. Company Profiles
- 7.1. DWK Life Sciences
- 7.1.1. Company overview
- 7.1.2. Financial performance
- 7.1.3. Product benchmarking
- 7.1.4. Strategic initiatives
- 7.2. Stevanato Group
- 7.2.1. Company overview
- 7.2.2. Financial performance
- 7.2.3. Product benchmarking
- 7.2.4. Strategic initiatives
- 7.3. Sharps Technology, Inc.
- 7.3.1. Company overview
- 7.3.2. Financial performance
- 7.3.3. Product benchmarking
- 7.3.4. Strategic initiatives
- 7.4. Becton, Dickinson and Company
- 7.4.1. Company overview
- 7.4.2. Financial performance
- 7.4.3. Product benchmarking
- 7.4.4. Strategic initiatives
- 7.5. Schott Pharma AG and Co. KGaA
- 7.5.1. Company overview
- 7.5.2. Financial performance
- 7.5.3. Product benchmarking
- 7.5.4. Strategic initiatives
- 7.6. Becton, Dickinson and Company
- 7.6.1. Company overview
- 7.6.2. Financial performance
- 7.6.3. Product benchmarking
- 7.6.4. Strategic initiatives
- 7.7. SGD Pharma
- 7.7.1. Company overview
- 7.7.2. Financial performance
- 7.7.3. Product benchmarking
- 7.7.4. Strategic initiatives
- 7.8. Schott Pharma AG and Co. KGaA
- 7.8.1. Company overview
- 7.8.2. Financial performance
- 7.8.3. Product benchmarking
- 7.8.4. Strategic initiatives
- 7.9. West Pharmaceuticals
- 7.9.1. Company overview
- 7.9.2. Financial performance
- 7.9.3. Product benchmarking
- 7.9.4. Strategic initiatives
- 7.10. Nipro Europe Group Companies
- 7.10.1. Company overview
- 7.10.2. Financial performance
- 7.10.3. Product benchmarking
- 7.10.4. Strategic initiatives
- 7.11. Stevanato Group
- 7.11.1. Company overview
- 7.11.2. Financial performance
- 7.11.3. Product benchmarking
- 7.11.4. Strategic initiatives
Product Code: GVR-4-68040-095-2
List of Tables
- Table 1. Europe glass prefilled syringes and glass vials packaging equipment market estimates and forecasts, by machine type 2018 - 2030 (USD Million)
- Table 2. France Macroeconomic Outlook
- Table 3. Germany Macroeconomic Outlook
- Table 4. Italy Macroeconomic Outlook
- Table 5. Switzerland Macroeconomic Outlook
- Table 6. Spain Macroeconomic Outlook
- Table 7. Recent Developments & Impact Analysis, By Key Market Participants
- Table 8. Company Market Share, 2022
- Table 9. Company Heat Map Analysis, 2022
List of Figures
- Fig. 1 Market Segmentation & Scope
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot
- Fig. 8 Competitive Landscape Snapshot
- Fig. 9 Penetration and Growth Prospect Mapping
- Fig. 10 Value Chain Analysis
- Fig. 11 Market Dynamics
- Fig. 12 Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market PORTER's Analysis
- Fig. 13 Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market PESTEL Analysis
- Fig. 14 Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market, By Machine Type: Key Takeaways
- Fig. 15 Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market: Machine Type Movement Analysis & Market Share, 2022 & 2030
- Fig. 16 Cleaning Machines Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 17 Filling Machines Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 18 Labeling Machines Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 19 Closing/Sealing Machines Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Europe Glass Prefilled Syringes and Glass Vials Packaging Equipment Market Revenue, By Country, 2022 & 2030 (USD Million)
- Fig. 22 Europe Glass Prefilled Syringes and Glass Vials Packaging Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 23 France Glass Prefilled Syringes and Glass Vials Packaging Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Germany Glass Prefilled Syringes and Glass Vials Packaging Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Italy Glass Prefilled Syringes and Glass Vials Packaging Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Switzerland Glass Prefilled Syringes and Glass Vials Packaging Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Spain Glass Prefilled Syringes and Glass Vials Packaging Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
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