Press release
Global Safety Syringes Market Expected to Witness a Sustainable Growth over 2023
Prefilled syringes are pharmaceutical product which is used to deliver parenteral medications. A prefilled syringe is a single dose packet of parental drug to which a needle has been fixed by a manufacturer. Pre filled syringes are ready to use disposable syringes contains premeasured dosage, reduce dosing errors and increase patient compliance, dosing accuracy, convenience, and safety; enhance patient quality of life; and reduce patient time in the clinic.
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Global Safety Syringes Market: Forecast by Type / Application / Region
Auto-retractable safety syringe is application in subcutaneous (Sub-Q) and intramuscular (IM) and intravenous (IV). The most proportion of Safety Prefilled Syringe is used in intramuscular (IM), and the market share in 2016 is about 79%.
Market competition is intense. BD, Gerresheimer, Schott, Treumo, etc. are the leaders of the industry. The clear market leader is BD, which holds a 60% market share and has provided its saft pre-fillable syringes to over 200 pharmaceutical companies. In second place is Gerresheimer with a 20% market share, while Schott and Nipro also have a strong presence in the market.
Over the next five years, LPI(LP Information) projects that Safety Prefilled Syringes will register a 7.6% CAGR in terms of revenue, reach US$ 5470 million by 2023, from US$ 3530 million in 2017.
Global Safety Syringes Market: Key Players
BD
Gerresheimer
Schott
Treumo
Nipro
Medtronic
Stevanato (Ompi)
Retractable Technologies
Globe Medical Tech
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Related Information:
United States Safety Syringes Market Research Report 2018
Europe Safety Syringes Market Research Report 2018
North America Safety Syringes Market Research Report 2018
Asia-Pacific Safety Syringes Market Research Report 2018
China Safety Syringes Market Research Report 2018
EMEA Safety Syringes Market Research Report 2018
Global Safety Syringes Market Research Report 2018
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