The vials are the small container that is used to store the content and are majorly used in pharmaceutical, cosmetic, personal care, and other industries. The diagnostic vials are the vials having a heavy wall which are ideal for freeze-drying and lyophilization applications.
The diagnostic vials are made from tubular or molded glass or plastic material and are available in different sizes based on the requirement such as 2ml, 3ml, 5ml, 7ml, and others. Moreover, these vials are available with a different cap or closure types that are meant to meet the specific storage and shipping requirements such as screw thread, cork or stopper, flip cap, and others.
Competitive Landscape
The global key players for diagnostic vials are
- DWK Life Sciences Ltd.
- Gerresheimer AG
- Origin Pharma Packaging
- SDG Pharma
- Adelphi Healthcare Packaging
- Airnov Healthcare Packaging
- Rapid Labs Limited
- Others.
Some of the APAC players are
- Shanxi Hongjin Medical Glass Co.Ltd
- Jinan Youlyy Industrial Co.Ltd
- PGP Glass Private Limited
- China Suncity Plastic Vials Factory
- Others.
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What Strategies Are Adopted by Key Players for Increasing their Market Share in the Diagnostic Vials Market?
The key players majorly are trying to expand their capacity by investing and establishing their new plants in the existing as well as in untapped market. Along with this, the players are expanding the capacity and resources by adopting an acquisition strategy.
The key strategies adopted by some of the key manufacturing players are: –
- In October 2020, DWK Life Sciences, a leading manufacturer of laboratory glass and life science packaging materials announced the acquisition of Müller + Müller, a German manufacturer to expand its glass vial manufacturing capacities.
- In October 2020, the company named Airnov Healthcare Packaging announces the launch of a new vial named HAT® IN vial with integrated ADP which will provide a high moisture barrier as well as excellent moisture adsorption.
- In March 2021, Gerresheimer AG invested in a new plant in Skopje, the Republic of North Macedonia for manufacturing plastic medical systems and syringes. This will increase the production capacity and will help in fulfilling the increasing demand.
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