Vials market expected to grow at 9.1% CAGR, reaching USD 26.5 billion by 2032.

From GlobeNewswire: 2024-12-10 04:30:00

The vials market size was USD 12.2 billion in 2023, expected to grow at a CAGR of 9.1% from 2024 to 2032. Vials are crucial for storing drugs like vaccines and biologics in healthcare. The rise in demand for pharmaceuticals, especially injectables and biologics, is driving market growth. The U.S. dominates the North American vials market with an expected CAGR of 8.8% in 2023, due to the strong pharmaceutical and biotechnology sectors. The market is segmented into RTU and RTS vials, with the biologics segment holding the largest share at 48.6% in 2023. Request for customization and more reports at the provided link. Global Market Insights Inc. provides market research and consulting services, offering syndicated and custom research reports for industries like chemicals, technology, and biotechnology.



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