Overview and Scope
Unit dosage manufacturing refers to creating individual pre-packaged doses of drugs or other products that hold a drug quantity intended for single-dose administration, usually in an easy-to-use form like tablets, capsules, or vials, for patient dispensing.
Sizing and Forecast
The unit dose manufacturing market size has grown exponentially in recent years. It will grow from $27.36 billion in 2023 to $33.16 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to traditional pharmaceutical manufacturing practices, regulatory developments in drug packaging, rise in demand for personalized medicine, growth of the aging population, increased prevalence of chronic diseases.
The unit dose manufacturing market size is expected to see exponential growth in the next few years. It will grow to $71.83 billion in 2028 at a compound annual growth rate (CAGR) of 21.3%. The growth in the forecast period can be attributed to adoption of industry 4.0 in pharmaceutical manufacturing, emphasis on personalized and precision medicine, regulatory focus on drug safety and efficacy, expansion of pharmaceutical outsourcing, growing demand for patient-centric drug delivery. Major trends in the forecast period include implementation of advanced automation in unit dose manufacturing, integration of iot in pharmaceutical packaging, customization of unit dose packaging for specific drugs, adoption of sustainable and eco-friendly packaging materials, growth of 3d printing in personalized drug manufacturing.
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Segmentation & Regional Insights
The unit dose manufacturing market covered in this report is segmented –
1) By Product: Liquid Unit Dose, Solid Unit Dose, Other Products
2) By Sourcing: In-House, Outsourcing
3) By End-User: Independent Pharmacies, Long Term Care Facility, Hospitals, Other End-Users
North America was the largest region in the unit dose manufacturing market in 2023. The regions covered in the unit dose manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rise in healthcare spending is expected to propel the growth of the unit dose manufacturing market going forward. Health spending refers to all costs associated with providing health services, family planning activities, nutrition programs, and emergency help focusing on health. Increasing healthcare expenditure would help advance and develop various health-related services, including unit dose manufacturing, which will support the growth of the unit dose manufacturing market. For instance, in February 2023, according to the Centers for Medicare & Medicaid Services, a US-based federal agency, healthcare spending in the United States increased 2.7 % to $12,914 per person in 2021, or $4.3 trillion. Further, spending on healthcare accounted for 18.3 % of the country’s GDP. Therefore, the rise in healthcare spending is driving the growth of the unit dose manufacturing market.
Key Industry Players
Major companies operating in the unit dose manufacturing market report are Nipro Corporation, Thermo Fisher Scientific Inc., Amcor plc, Berry Global, CCL Industries, Sealed Air Corporation, Huhtamäki Oyj, Catalent Inc., AptarGroup, Schott AG, West Pharmaceuticals Services Inc., Constantia Flexibles Group GmbH, Gerresheimer AG, RPC Group, Klöckner Pentaplast Group, Stevanato Group, Bemis Company, Corden Pharma GmbH, LTS Lohmann Therapie-Systeme AG, PCI Pharma Services, Comar LLC, Renaissance Lakewood LLC, Mikart LLC, Tapemark Company Inc., Bilcare Research, Medical Packaging Inc, American Health Packaging, Aphena Pharma Solutions
The unit dose manufacturing market report table of contents includes:
1. Executive Summary
2. Unit Dose Manufacturing Market Characteristics
3. Unit Dose Manufacturing Market Trends And Strategies
4. Unit Dose Manufacturing Market – Macro Economic Scenario
5. Global Unit Dose Manufacturing Market Size and Growth
…………….
32. Global Unit Dose Manufacturing Market Competitive Benchmarking
33. Global Unit Dose Manufacturing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Unit Dose Manufacturing Market
35. Unit Dose Manufacturing Market Future Outlook and Potential Analysis
36. Appendix
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