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Showing posts with the label Pharmaceutical Packaging Market Outlook

The global Pharmaceutical Packaging Market Growth Accelerated by Increase in Chronic Diseases

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  Pharmaceutical packaging plays a crucial role in the protection of pharmaceutical products from damage, contamination, and tampering during transportation and storage. It ensures the safe delivery of pharmaceutical products to patients while maintaining their effectiveness. Demand for specialized pharmaceutical packaging solutions to prevent cross-contamination and ensure product stability over longer durations has witnessed significant growth owing to increasing prevalence of chronic diseases globally. The global Pharmaceutical Packaging Market is estimated to be valued at US$ 264.21 Bn in 2023 and is expected to exhibit a CAGR of 9.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving growth in the  pharmaceutical packaging market  is the rising prevalence of chronic diseases globally. Chronic diseases such as cancer, diabetes, cardiovascular diseases etc. requir...

AI-powered software is fueling the growth of the Pharmaceutical Packaging Market

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  Pharmaceutical packaging includes various primary and secondary packaging materials like pouches, bottles, blisters, and medical specialty bags. It helps pharmaceutical companies efficiently transport and distribute drugs worldwide while meeting stringent compliance and safety standards. The global Pharmaceutical Packaging Market is estimated to be valued at US$ 264.21 Bn in 2023 and is expected to exhibit a CAGR of 9.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Pharmaceutical packaging provides a medically approved barrier to contamination and tampering in transport and storage. It protects contents from damage, leakage, and ensures product integrity and identification of contents. Market key trends: One of the key trends in the  pharmaceutical packaging market  is the rise of intelligent packaging solutions involving printed electronics, smart labels, and artificial intelligence. They allow real-time d...