Prefilled Syringes Market 2018 to Perceive Momentous Accruals at USD 8397.23 million Along with Abbott, Gerresheimer AG, Baxter, West Pharmaceutical, etc. – Avail at MRFR

Universal Prefilled Syringes Market 2018 Research Report implements an exhaustive study on Market Research Future. This Report Cover Key Market Driver, market size, growth rate, opportunities, market Dynamics and Overall Analysis. And also cover the other information such as Prefilled Syringes Market trends, Top players, chapter-wise Description followed by various user perceptions and Forecast till 2024.

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Prefilled Syringes – Market Snapshot

Usage of prefilled syringes in a wide array of therapeutics sectors, other than for conventional uses such as anticoagulants and vaccine dispensing has increased the demand for the market. The development of the medical industry has picked up at a rapid pace in the past few years, which has positively contributed to the expansion of the prefilled syringes market significantly. Moreover, the demand for convenient drug delivery methods has also given way to the development of the prefilled syringes market as the pharmaceutical industry pursues new and more effective methods for unit dose medication.

The market for prefilled syringes is anticipated to develop with a 10.20 CAGR percent approximately while earning revenues worth USD 8397.23 million in the forecast period. The market is also showing rising propensity for divergence from the traditional process of production as well as the materials that are used. The minimal drug wastage that is achieved through the usage of prefilled syringes has made it an attractive option for the pharmaceutical sector. The self-administration of medication by these syringes has raised the demand from user end as well thereby contributing to the overall market growth.

Players Covered:

Abbott, Gerresheimer AG, Baxter, West Pharmaceutical, Vetter Pharma International GmbH, Schott AG, Medtronic, Becton, TERUMO CORPORATION, Nipro Corporation, Dickinson and Company, Weigao Group, OMPI (A Stevanato Group Company).

Global Pre-filled Syringes Market: Regional Analysis

In 2017, Europe accounted for more than 40% share of the market and is estimated to retain its dominance in 2018 and beyond. This is attributable to factors such as the rising geriatric population in the region, demand for quality healthcare, growing trend of home-based treatment coupled with high healthcare expenditure. Meanwhile, North America and South America collectively represent the second largest market for pre-filled syringes. Over the years, the prevalence of chronic disease has increased across the region, which can be linked with the extended demand for medical devices such as pre-filled syringes in North America. Meanwhile, the market in Asia Pacific (APAC) is expect to exhibit a fast growth as local policy makers are increasing their efforts to improve the healthcare systems.

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Global Pre-filled Syringes Market: Segmental Analysis

The global pre-filled syringes market has been segmented on the basis of product design, material, type, end user. Based on design, market is segmented into single-chamber prefilled syringes, dual-chamber prefilled syringes, and customized prefilled syringes.  In 2017, the single-chamber prefilled syringes segment accounted for more than 50% share of the market and is expected to remain highly lucrative throughout the assessment period. The widespread availability of single-chamber prefilled syringes and their design simplicity can be attributed to the segment’s outright dominance. By materials, the market is segmented into glass prefilled syringes and plastic prefilled syringes. Currently, the glass prefilled syringes segment command for a greater share of the market however, the plastic syringes are likely to outperform the glass variants in the forthcoming years. Plastic prefilled syringes are gaining acceptance due to their ability to overcome the disadvantages present in glass prefilled syringes such as the low adhesion properties, and risk migration of breakage. By type, the market is segmented into conventional prefilled syringes and safety prefilled syringes. Among these, the conventional prefilled syringes segment accounted for nearly 68% of the share for the market in 2017.

Competitive Landscape:

Some of the top companies operating in the global market for pre-filled syringe include Schott AG, TERUMO CORPORATION, Nipro Corporation, Baxter, West Pharmaceutical, Vetter Pharma International GmbH, Gerresheimer AG, Medtronic, OMPI (A Stevanato Group Company), Abbott, Becton, Dickinson and Company and Weigao Group.

Major TOC of Prefilled Syringes Market Research Report – Forecast to 2023:

1 Report Prologue

2 Introduction

3 Research Methodology

4 Market Dynamics

5 Market Factor Analysis

6 Global Prefilled Syringes Market, by Material

7 Global Prefilled Syringes Market, by Type$

8 Global Prefilled Syringes Market, by Design

9 Global Prefilled Syringes Market, by End-User

10 Global Prefilled Syringes, by Region

11 Competitive Landscape

12 Company Profiles

13 Conclusion

14   Appendix

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