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Prefilled Syringes Market -Report Highlights the Competitive Scenario with Impact of Drivers and Challenges

09-17-2018 06:13 AM CET | Health & Medicine

Press release from: P&S Intelligence

Prefilled Syringes Market -Report Highlights the Competitive

The global prefilled syringes market was valued at $3,905.1 million in 2014, and it is expected to grow with a CAGR of 12.9% during 2015 - 2020.
The global prefilled syringes market is growing, due to increasing demand for vaccines, growing geriatric population, increasing prevalence of chronic and lifestyle associated diseases, and increasing healthcare expenditure. In addition, the technological advancement in prefilled syringes, regulations regarding needlestick injuries increases popularity of prefilled syringes, increasing injectable drugs pipeline, and increasing demand for point-of-care administration are also driving the growth of the global market.

Explore Report Description with Detailed TOC on Global Prefilled Syringes Market at: https://www.psmarketresearch.com/market-analysis/prefilled-syringes-market

The information and data in the publication “Global Prefilled Syringes Market Size, Share, Development, Growth and Demand Forecast to 2020” represent the research and analysis of data from various primary and secondary sources. The top-down approach has been used to calculate the global market size by type. The market numbers for countries are obtained through top-down approach. P&S Market Research analysts and consultants interacted with the authorities from leading companies of the concerned domain, to substantiate every value of data presented in this report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

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The increasing number of self-injection patients and growing demand of biologics and biosimilars are playing a pivotal role in the growth of the global market. Prefilled syringe is a single use, and disposable format packet of parenteral drugs. These are syringes filled with medication, before they are supplied to patients and healthcare providers.

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In 2014, Europe dominated the global market of prefilled syringes, among all the regions of the global market in terms of volume; whereas, the Asia-Pacific market is expected to witness the fastest growth, with a CAGR of 16.0% during the forecast period in terms of value.

The key companies operating in the global prefilled syringes market include Becton, Dickinson and Company, SCHOTT AG, Gerresheimer AG, Unilife Corporation, Nipro Corporation, Baxter International Inc., West Pharmaceutical Services Inc., Ypsomed Holding AG, Stevanato Group S.p.a., Vetter Pharma-Fretigung GmbH & Co., and Bespak Europe Ltd.

About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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