Global Transfusion Bottle Market, By Material (Glass, Plastics, Polypropylene (PP), Polyethylene Terephthalate (PET), Poly Vinyl Chloride (PVC), others), Sales Channel (Manufacturers, Distributors, Retailers, E-Retailers), End User (Hospitals, Clinics, Blood Banks, Institutions, Research Laboratories, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Transfusion bottles are normally made up of glass material with rubber seal cap. The ability of transfusion bottles to store the pharmaceutical products safely without losing its integrity which is accelerating the growth of the transfusion bottle market. Moreover, the trend of using glass bottles in the healthcare sector over the plastics bottles provides huge opportunities for the manufacturer of transfusion bottles to boost their market position. So the transfusion bottles market is expected to remain progressive globally during the forecast period.
Data Bridge Market Research analyses that the transfusion bottle market was valued at USD 577.83 million in 2021 and is expected to reach USD 784.74 million by 2029, registering a CAGR of 3.90 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Material (Glass, Plastics, Polypropylene (PP), Polyethylene Terephthalate (PET), Poly Vinyl Chloride (PVC), Others), Sales Channel (Manufacturers, Distributors, Retailers, E-Retailers), End User (Hospitals, Clinics, Blood Banks, Institutions, Research Laboratories, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Schott AG (Germany), Nipro (Japan), Piramal Glass (India), Sisecam (Turkey), Owens-Illinois Inc. (U.S.), Gerresheimer AG (Germany), Bormioli Pharma S.p.A (Italy), Ardagh Group S.A.(Luxembourg), West Pharmaceutical Services Inc. (U.S.), STOELZLE GLASS GROUP (Austria), SGD Pharma (France), Shandong Qidu Pharmaceutical Co.,Ltd. (China), Corning Incorporated (U.S.), DWK Life Sciences (U.S.), Berry Global Inc (U.S.), Airnov (U.S.), Pacific Vial (U.S.), Stevanato Group (Italy), Adelphi Healthcare Packaging (U.K.)
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Market Opportunities
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Market Definition
Transfusion bottles are normally used to pack and carry several healthcare and pharmaceutical products, mainly blood. These transfusion bottles are normally made up of molded glass and have the rubber cap to seal this glass bottle.
Transfusion Bottle Market Dynamics
Drivers
- Rise in demand due to several benefits
Transfusion bottle has numerous advantage such even bottleneck, as sterile packing, leak-resistant design and uniform wall thickness which makes transfusion bottles popular among the consumers. Due to the numerous advantages this bottle is used in several sectors such as in blood banks, research laboratories, institutions, and clinics which are expected to drive growth rate of the transfusion bottles in the market during forecast period.
- Growth in healthcare and pharmaceutical industries
The development of healthcare and pharmaceutical sector overall the globe and increasing capital investment in pharmaceutical packaging industries are some of the vibrant reason which has fuelled the demand for transfusion bottles overall the globe. Transfusion bottles are an easy-to-use, affordable, and convenient medical packaging solution that is expected to drive market of transfusion bottles during the forecast period.
Opportunities
- Technological advancement
Technological advancement associated with pharmaceutical and healthcare industries has created beneficial opportunities for the pharmaceutical packaging, which increase the rapid adoption of advanced pharmaceutical packaging solutions and is expected to propel the demand for transfusion bottles considerably in the upcoming period.
Also, the rapid urbanization along with growing cases of blood related diseases will further contribute to generating the several opportunities which will led to the growth of the transfusion bottle market in upcoming period.
Restraints/ Challenges
- Availability of alternative solutions
The availability of alternative packaging solutions such has plastic bags and many other options along with stringent rules and regulations associated with the packaging of pharmaceutical packaging solutions will expected to act as market restraints that will obstruct the growth of the transfusion bottle market.
Also, Risk related to blood transfusion regulatory is the major factor that will become the foremost and biggest challenge for the growth of the transfusion bottle market.
This transfusion bottle market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the transfusion bottle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Transfusion Bottle Market
The outbreak of covid-19 has affected several industry, but the transfusion bottle market has positively impacted during this pandemic The Unprecedented outbreak of COVID-19 pandemic has increased the demand for the transfusion bottle because these bottle are widely use in pharmaceutical and healthcare sector for the storage of blood which is mainly encouraging the manufacturers to increase the rate of production of these bottles. The growing demand for transfusion bottlers will drive the market's growth during the pandemic. On the Other hand, the outbreak of covid-19 has been slightly disrupted the supply chain and manufacturing unit which is the significant reason for the drop in output.
Global Transfusion bottle Market Scope
The transfusion bottle market is segmented on the basis of products, usage, capacity, size, sealing and handle, shape, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Glass
- Plastics
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Poly Vinyl Chloride (PVC)
- Others
Sales Channel
- Manufacturers
- Distributors
- Retailers
- E-Retailers
End-User
- Hospitals
- Clinics
- Blood Banks
- Institutions
- Research Laboratories
- Others
Transfusion Bottle Market Regional Analysis/Insights
The transfusion bottle market is analysed and market size insights and trends are provided by country, products, usage, capacity, size, sealing and handle, shape, distribution channel and end-user as referenced above.
The countries covered in the transfusion bottle market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the transfusion bottle market in terms of market share in the forecast period. This is because of increasing demand for transfusion bottle in this region. The Asia-Pacific region leads the transfusion bottle market due to the increasing demand for the product in pharmaceutical industry in this region.
During the estimated period, North America is expected to be the fastest developing region due to the prevalence of several product manufacturers along with development of the packaging and healthcare sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Transfusion Bottle Market Share Analysis
The transfusion bottle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to transfusion bottle market.
Some of the major players operating in the transfusion bottle market are:
- Schott AG (Germany)
- Nipro (Japan)
- Piramal Glass (India)
- Sisecam (Turkey)
- Owens-Illinois Inc. (U.S.)
- Gerresheimer AG (Germany)
- Bormioli Pharma S.p.A (Italy)
- Ardagh Group S.A. (Luxembourg)
- West Pharmaceutical Services Inc. (U.S.)
- STOELZLE GLASS GROUP (Austria)
- SGD Pharma (France)
- Shandong Qidu Pharmaceutical Co.,Ltd. (China)
- Corning Incorporated (U.S.)
- DWK Life Sciences (U.S.)
- Berry Global Inc (U.S.)
- Airnov (US), Pacific Vial (U.S.)
- Stevanato Group (Italy)
- Adelphi Healthcare Packaging (U.K.)
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