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Global Market of Prefilled Syringes is Expected to Expand at a Value CAGR of 9.6% during the Period of Forecast, 2017-2026

05-10-2018 04:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

A freshly compiled business intelligent report, titled “Prefilled Syringes Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about prefilled syringes market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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According to research on prefilled syringes by Fact.MR, the global market for prefilled syringes is expected to expand at a value CAGR of 9.6% during the period of forecast, 2017-2026. By end of 2026, more than 10,200,000 thousand units of prefilled syringes are expected to be sold across the globe in various healthcare facilities. Key companies involved in the global prefilled syringes market include Becton Dickinson and Company, Terumo Medical Corporation, Baxter International Inc., Medtronic and Gerresheimer.

Increasing Use of Glass Prefilled Syringes to Aid the Growth of the Global Prefilled Syringes Market

Prefilled syringes come in two types of material, namely plastic and glass. Glass prefilled syringes are a widely used drug injectable system for parenteral drugs owing to its compatible features, for instance, higher stability, oxygen permeability and non-reactive nature. However, the main challenge of glass prefilled syringes is their fragile nature. Glass prefilled syringes require high caution while storing or transportation, in the absence of which, loss of injectable drugs can take place. On the other hand, plastic prefilled syringes are also witnessing increased demand, with introduction of advanced plastic material that removes the chances of reaction of drug with inner walls of the syringe, thereby maintaining the pH level of the medicine.

Use of advanced polymer material, for instance, crystal-clear polymer and polypropylene, have increased the adoption of plastic prefilled syringes. These advanced plastic material being biocompatible, do not initiate chemical activity within the syringe. Moreover, chance of breakage is removed with the use of plastic prefilled syringes. However, majority of prefilled syringes are made of glass, and sales of glass prefilled syringes are expected to sky rocket in the coming years.

Sale of Prefilled Syringes in North America to Remain at the Forefront, as Compared to Other Regions

According to Prefilled Syringes West Coast Conference held in 2017, the use of prefilled syringes in North America have gained high demand with increasing need for safety, patient satisfaction and high quality. Counters in North America, especially the United States, are reflecting higher expenditure on injectable drug delivery systems, for instance development of composite polymer prefilled syringes. These syringes have high break resistance. In addition the needle is attached with use of insert molding procedure, thus eliminating the use of tungsten and glue, increasing their sterilization levels.

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Table of Contents:

Global Economic Outlook
Global Prefilled Syringes Market – Executive Summary
2.1. Opportunity Analysis
Global Prefilled Syringes Market Overview
3.1. Introduction
3.1.1. Global Prefilled Syringes Market Taxonomy
3.1.2. Global Prefilled Syringes Market Definition
3.2. Global Prefilled Syringes Market Size (US$ Mn) & Volume (‘000 Units) Forecast, 2012-2026
3.2.1. Global Prefilled Syringes Market Y-o-Y Growth
3.3. Global Prefilled Syringes Market Dynamics
3.4. Supply Chain
3.5. Value Chain Analysis of Prefilled Syringes
3.6. Cost Structure
3.7. Regulatory Scenario
3.8. Investment Feasibility Matrix
3.9. PEST Analysis
3.10. Porter’s Five Force Analysis
3.11. Advantages of Using Prefilled Syringes
3.12. Global Prefilled Syringes Patent Analysis
3.13. Competitor Market Footprint Matrix
3.14. Market Positioning and Behavioral Assessment
3.15. Key Participants Market Presence (Intensity Map) By Region
Global Prefilled Syringes Market Analysis and Forecast 2012-2026
4.1. Global Prefilled Syringes Market Size and Forecast By Material Type, 2012-2026
4.1.1. Glass based prefilled syringes Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
Continued……….

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized healthcare market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Rockville, MD 20852
United States
Email: sales@factmr.com
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