The global plunger stopper market size surpassed USD 148 million in 2024 and is predicted to reach around USD 232.05 million by 2034, registering a CAGR of 4.6% from 2024 to 2034.
The plunger stopper market growth is attributed to the increasing need for injectable drug delivery systems and increasing prevalence of chronic diseases. Plunger stoppers are vital for ensuring effective administration and drug stability, making them indispensable in the healthcare industry. In addition, the rising advancements in material science, such as development of elastomeric and biocompatible stoppers, have improved product durability and performance, further increasing demand for the market.
In addition, the increasing growth in developing countries, with improved healthcare accessibility and infrastructure, also boosting the demand for plunger stoppers and the rising adoption of injectable therapies. Furthermore, increasing strict packaging regulations, robust pharmaceutical industry, well-developed healthcare industry, expanding pharmaceutical manufacturing, rising production of generic drugs and increasing healthcare expenditure are further expected to accelerate the growth. of the plunger stopper market.
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| Stats ID: | 7861 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Stats ID: | 7861 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
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