Market Overview:
The global serum vial market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for serum vials from the pharmaceuticals, healthcare and hospitals, and chemicals industry sectors. Additionally, the growing population and rising income levels in developing countries are also contributing to the growth of this market. However, factors such as stringent regulatory norms and high costs associated with R&D activities are restraining the growth of this market. On the basis of type, glass serum vials accounted for a major share of the global serum vial market in 2017. This can be attributed to their superior properties such as chemical resistance and thermal stability when compared with plastic serum vials.
Product Definition:
A serum vial is a small, cylindrical container typically made of glass or plastic that is used to store liquid medical specimens such as blood or urine. Serum vials are also used to store other types of liquids, including food and beverage products.
Glass:
Glass is a transparent, brittle and rigid material that is produced in bulk for pharmaceutical packaging through the process of continuous melting. It can be used as a drug delivery system due to its properties such as inertness, transparency & low reactivity. Glass can store liquid drugs but cannot dissolve them; it protects them from moisture & light and allows easy inspection through the glass without any risk of contamination.
Plastic:
Plastic is a synthetic material that can be divided into two categories, namely polymers and non-polymers. The most commonly used plastic in the market is Polyethylene (PE), also known as Ethylene, which has many uses ranging from shampoo bottles to milk cartons.
Polyethylene terephthalate or PET for short is one of the widely used types of plastic and it's vial counterpart too.
Application Insights:
Based on the application, the global serum vial market is segmented into pharmaceuticals, healthcare and hospitals, chemicals industry, and others. The pharmaceuticals segment dominated the overall market in terms of revenue in 2017. This high share is attributable to increasing usage of these products for packaging various drugs such as insulin & other hormones. Moreover, growing R&D activities for developing new applications for these serum bottles is expected to drive demand over the forecast period.
The healthcare and hospitals segment held a significant share owing to rising incidences of infectious diseases that require regular monitoring by medical professionals at hospitals or clinics. In addition, an increase in number of surgeries has led to increased use of serums during hospital stays which also contributes towards a large share held by this segment over the forecast period (2018-2030).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and high healthcare expenditure in this region as compared to other regions. In addition, presence of major players such as Amgen Inc.; Baxter; CSL; Pfizer Inc.; and Thermo Fisher Scientific, Inc., with extensive research facilities for developing novel products is also one of the significant factors responsible for maintaining dominance of this region over others.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising disposable income coupled with growing economy in various countries such as China, India, South Korea & Japan etc.
Growth Factors:
- Increasing demand for serum vials from the biopharmaceutical and life science industries for research and development purposes.
- Growing prevalence of chronic diseases, which is expected to increase the demand for serums and other blood products.
- Technological advancements in serum vial manufacturing that are resulting in improved quality and efficiency of products.
- Rising number of blood donation centers across the globe that are increasing the availability of serum vials to meet growing demand from hospitals and clinics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Serum Vial Market Research Report
By Type
Glass, Plastic
By Application
Pharmaceuticals, Healthcare and Hospitals, Chemicals Industry, Others
By Companies
Adelphi Healthcare Packaging, Gerresheimer, SCHOTT, MedicoPack, Amcor, Pacific Vials, Berry Global, West Pharmaceutical Services, O.Berk, Piramal Glass, Stevanato Group, Nipro Europe, Borosil Glass Works, DWK Life Sciences, Qorpak, Thermo Fisher Scientific, Richland Glass Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Serum Vial Market Report Segments:
The global Serum Vial market is segmented on the basis of:
Types
Glass, Plastic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Healthcare and Hospitals, Chemicals Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adelphi Healthcare Packaging
- Gerresheimer
- SCHOTT
- MedicoPack
- Amcor
- Pacific Vials
- Berry Global
- West Pharmaceutical Services
- O.Berk
- Piramal Glass
- Stevanato Group
- Nipro Europe
- Borosil Glass Works
- DWK Life Sciences
- Qorpak
- Thermo Fisher Scientific
- Richland Glass Company
Highlights of The Serum Vial Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass
- Plastic
- By Application:
- Pharmaceuticals
- Healthcare and Hospitals
- Chemicals Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Serum Vial Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A serum vial is a small, clear glass or plastic bottle used to store liquids.
Some of the key players operating in the serum vial market are Adelphi Healthcare Packaging, Gerresheimer, SCHOTT, MedicoPack, Amcor, Pacific Vials, Berry Global, West Pharmaceutical Services, O.Berk, Piramal Glass, Stevanato Group, Nipro Europe, Borosil Glass Works, DWK Life Sciences, Qorpak, Thermo Fisher Scientific, Richland Glass Company.
The serum vial market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Serum Vial Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Serum Vial Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Serum Vial Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Serum Vial Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Serum Vial Market Size & Forecast, 2018-2028
4.5.1 Serum Vial Market Size and Y-o-Y Growth
4.5.2 Serum Vial Market Absolute $ Opportunity
Chapter 5 Global Serum Vial Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Serum Vial Market Size Forecast by Type
5.2.1 Glass
5.2.2 Plastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Serum Vial Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Serum Vial Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Healthcare and Hospitals
6.2.3 Chemicals Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Serum Vial Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Serum Vial Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Serum Vial Analysis and Forecast
9.1 Introduction
9.2 North America Serum Vial Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Serum Vial Market Size Forecast by Type
9.6.1 Glass
9.6.2 Plastic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Serum Vial Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Healthcare and Hospitals
9.10.3 Chemicals Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Serum Vial Analysis and Forecast
10.1 Introduction
10.2 Europe Serum Vial Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Serum Vial Market Size Forecast by Type
10.6.1 Glass
10.6.2 Plastic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Serum Vial Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Healthcare and Hospitals
10.10.3 Chemicals Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Serum Vial Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Serum Vial Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Serum Vial Market Size Forecast by Type
11.6.1 Glass
11.6.2 Plastic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Serum Vial Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Healthcare and Hospitals
11.10.3 Chemicals Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Serum Vial Analysis and Forecast
12.1 Introduction
12.2 Latin America Serum Vial Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Serum Vial Market Size Forecast by Type
12.6.1 Glass
12.6.2 Plastic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Serum Vial Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Healthcare and Hospitals
12.10.3 Chemicals Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Serum Vial Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Serum Vial Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Serum Vial Market Size Forecast by Type
13.6.1 Glass
13.6.2 Plastic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Serum Vial Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Healthcare and Hospitals
13.10.3 Chemicals Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Serum Vial Market: Competitive Dashboard
14.2 Global Serum Vial Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adelphi Healthcare Packaging
14.3.2 Gerresheimer
14.3.3 SCHOTT
14.3.4 MedicoPack
14.3.5 Amcor
14.3.6 Pacific Vials
14.3.7 Berry Global
14.3.8 West Pharmaceutical Services
14.3.9 O.Berk
14.3.10 Piramal Glass
14.3.11 Stevanato Group
14.3.12 Nipro Europe
14.3.13 Borosil Glass Works
14.3.14 DWK Life Sciences
14.3.15 Qorpak
14.3.16 Thermo Fisher Scientific
14.3.17 Richland Glass Company
