Global dosage cups market registered steady growth with worldwide revenues up by 4.6% year-over-year in 2021. As per Future Market Insights (FMI), the sales of dosage cups between 2021 and 2031 will total US$ 3.3 Bn. The market has been forecast to e
As per FMI, the global consumption of dosage cups is forecast to increase by year-on-year (YoY) growth of 4.4% in 2021, totaling 45.2 billion units. Demand in the U.S. market is estimated to increase by 3.7% year on year, surpassing sales of US$ 429.5 Mn in 2021.
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Rising demand for accurate measuring devices among the end users is driving the dosage cups market. The global market is projected to register growth at 5.0% CAGR between 2021 and 2031 in comparison to the 3.8% CAGR registered during 2015 to 2020.
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The global market for dosage cups witnessed high demand during the COVID-19 with the expansion of healthcare and pharmaceutical industry. As the demand for medicines increased following the outbreak, adoption of dosage cups surged within pharmaceutical industry, hospitals, and clinical labs.
Key manufacturers operating in dosage cups market are focusing on increasing their production capacity to meet the rising demand for measurement devices among the end users.
Expanding healthcare services to cure the patient suffering from COVID-19 are augmenting the sales of dosage cups across the globe. The focus on providing the accurate dose of medication will fuel the adoption of dosage cups.
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Dec 22, 2022