The dropper market is estimated to augment at a CAGR of 3.39% from a market value of USD1,159.091 million in 2019 to achieve a market value of USD1,415.757 million by the end of 2025.A dropper is referred to as an insert for a bottle closure system and is mostly utilized where small doses are required. Major application includes, essential oils, cosmetic and personal care applications, medical remedies, research purposes, and nutraceutical applications. The growing importance of essential oils is augmenting the market demand in the forecast period. The increasing prevalence of diseases that require drug administration in small amounts is further providing an impetus in propelling the market demand in the forecast period. Droppers as per the FDA is categorized under Class I medical device and is exempted from GMP (Good Manufacturing Practice) regulation, these are also exempted from the premarket notification requirement. Hence, with the growing medical device industry, dropper manufacturing and sales also hold significant growth prospects during the forecast period.
The growing geriatric population suffering from age-associated diseases are further contributing to increasing the market growth in the forecast period.
Furthermore, dropper bottles and dropper assemblies provide primary packaging solutions for varied applications, hence, with the growing packaging industry, the market will continue to grow at a significant pace during the forecast period.
Geographically, North America is projected to hold a significant market share in the global dropper market. On the other hand, the Asia Pacific and Europe are predicted to hold a substantial market share during the forecast period. High disease prevalence in these regions is contributing to surging the market growth in the forecast period.
Advancements in drug delivery have come up with innovative dropper products with unique features, such technological advancements are providing an opportunity for the market to thrive in the forecast period.
In October 2018, Nemera’s electronic add-on for ophthalmic droppers won the prestigious CPhI award for the Best Drug Delivery Device category. e-Novelia, the Nemera company’s intelligent ophthalmic add-on is designed for providing ease and convenience to the patients. In addition, it also provides an optimized adherence to their treatments. The product works in conjunction with the company’s preservative-free multidose eye dropper Novelia®.
The improved product, e-Novelia consist of state-of-the technology along with unique features. The product is well-designed with added functions that are not provided by the standard mechanical devices. With digitization entering the healthcare industry, the new product contains electronic benefits along with upgraded ergonomics in order to help patients in delivering the eye drops accurately.
The novel technology is further poised to be of great help to the healthcare professionals in order to customize their treatments, also, researchers round the globe will be highly benefitted while performing their clinical research studies in an efficient manner. e-Novelia is developed for improving a patient’s interaction with their drug and provides assistance by offering digitized and interactive instructions for utilization via mobile application and on-device screen. It also provides reminders to patients for taking their doses on time, in addition, there is a reminder for device reload with a new drug bottle. Additionally, information regarding drug expiry date, dosage, and batch number are also provided. Furthermore, there is provision for feedback and guidance for using the device in the right manner, this includes tilt and shaking indication, buzzer, and detection of the wrong usage.
The presence of companies offering dispensing systems is further adding to increasing the market growth during the forecast period.
Adelphi Healthcare Packaging provides a range of drug dispensing systems. These include droppers as well. The complete product portfolio includes dropper assemblies, dispenser tube, prefillable polymer syringes, prefillable glass syringes, oral dosing pipettes, applicator pipettes or syringes, intramammary injectors, short form oral dosing pipettes, dosing cups, drop dispensing bottles, REDIPAC single use tubes. The dropper assemblies product category deals in providing integrated screw caps and dropper pipettes. The product description includes rubber bulbs sourced from the leading manufacturers round the globe, selection of caps including tamper-evident are also available, a variety of pipette tip designs and drop sizes, Type I and Type II glass pipettes, plastic pipettes, and printed pipettes.
Another company, Williamson Manufacturing, is a supplier of quality plastic caps and dropper assemblies for the pharmaceutical and wholesale packaging industries in Australia, New Zealand, and Southeast Asian countries. The company offers dropper assemblies containing plastic stems with an option of printed graduations. It also offers dropper assemblies with glass stems. In addition, the products contain an option of child resistance or tamper resistance.
The growing consumption of essential oils at the global level is augmenting the market demand in the forecast period.
It has been noticed that essential oils are being rapidly utilized for varied applications. For example, these are used extensively in aromatherapy owing to their antioxidant, antimicrobial, antifungal, pain, anxiety, and depression relieving properties. In cosmetics and personal care, the importance of essential oils is being realized on a wide-scale, hence, this has further enhanced their role in several cosmetic and personal care products. Additionally, essential oils are used in food preservations and many other food items, further contributing to surging their growth in the food industry. In herbal medicines, the utility of the fragrance of essential oils is gaining popularity. These help in improving mood and are utilized for releasing depression. Essential oils are volatile compounds and consist of an oily fragrance. These are derived from different plant parts and are extracted using different techniques, one of the most preferred techniques include hydro distillation. The method is quite cheap and affordable to use. Flowers, leaves, stem, bark, and roots are used for the extraction of essential oils. Famous essential oils available in the market include lavender, rose, chamomile, and hyssop.
Hence, the increasing consumption of essential oil will continue to have a strong impact on the market growth during the forecast period. Additionally, the presence of companies manufacturing droppers for essential oils further contributing to the market growth. This is because of the fact that essential oils are utilized in small amounts, hence, droppers are suitable for their accurate release.