Europe Is Dominating RTU Cartridges MarketPosted by Aryan on May 18th, 2023 The RTU cartridges market has garnered USD 149.78 million in 2022, and it is projected to rise at the rate of 8.7% from 2021 to 2030, to capture USD 294.05 million by 2030, As per the report by market research company, P&S Intelligence. This growth can be credited to the high-quality operations with RTU cartridges and the growing occurrence of diabetes. Download sample pages of this report: https://www.psmarketresearch.com/market-analysis/rtu-cartridges-market/report-sample Thus, these days, such companies are leaning more toward fill/finish technology/packaging that can promise sterility, without significant spending. In 2022, Europe had the largest revenue share, at 55.3%. This dominance can be credited to the increasing research and development activities and the rising elderly populace throughout the region. Other features contributing to the development of the industry, include the chemical robustness of drugs, increasing demand for exact drug delivery, user-friendliness, and time-saving in the medication administration process. For example, in 2021, around one-fifth of the European populace was aged above 65 years. In 2022, North America contributed the second-largest RTU cartridges market share. This is mainly because of the increasing demand for self-administration because of the growth of several designs of RTU cartridges, the rising frequency of chronic and lifestyle-related illnesses, and high healthcare spending in the continent. The elderly populace in the continent is also rising at a substantial rate and further adding to the burden of illnesses. Hence, the high-quality operations with RTU cartridges and the growing occurrence of diabetes, are the major factor driving the RTU cartridges industry. Like it? Share it!More by this author |