Press release
Prefilled Syringe Market 2021 Current Status and Challenges with Future Opportunities to 2026
The report is designed to provide a holistic view of the Prefilled Syringe market 2021-2026. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). High-level interpretation of Prefilled Syringe market attributes using proprietary tools such as the Penetration Mapping Index, and other successful representational tools such as Porter’s Five Forces Analysis, SWOT, PESTEL, Ansoff’s Matrix, etc. Regional estimates and forecasts & trend analysis for each country and region are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Prefilled Syringe investments from 2021 till 2026.Top Companies in the Global Prefilled Syringe Market:
Becton, Dickinson, and Company (US), Gerresheimer (Germany), Nipro Corporation (Japan), SCHOTT AG (Germany), Stevanato, Baxter International Inc (US), Rovi CM, Terumo, Vetter, Catalent, Inc. (the US), Taisei Kako, Roselabs Group, West Pharma, Weigao Group Medical Polymer, Zibo Minkang Pharmaceutical, among others.
Over the next five years, the Prefilled Syringe market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 5592.9 million by 2026, from US$ 4444.7 million in 2020.
Market Overview
Prefilled Syringe is a single-dose packet of vaccine to which a needle has been fixed by the manufacturer. The Prefilled Syringe industry is mature and the industry concentration is high, Although there are over 30 manufacturers around the world while leading by international giants such as BD, Gerresheimer, Nipro Corporation, Schott forma vitrum, and Ompi, the production is almost dominated by several producers, especially BD, which occupies for more than 60 percent of global production share; On the other hand, almost all the high-end products produced by the global leaders, and the producers mainly produce low-end products in China and India. The USA and Europe have a long history and unshakable status in this industry, such as BD, leading the Prefilled Syringe industry.
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As to Japan, the Nipro Corporation has become a global leader through the acquisition MGlas AG. In Germany, it is Gerresheimer and Schott forma vitrum that lead the industry. And in China, it is Shandong Weigao Group Medical Polymer Company leads the industry.
Market Insights
Prefilled products serve as a great tool for the storage of vaccines and other biotech drugs, which are unstable and are prone to change their properties while transferring from vials. Recently the U.S. FDA approved Auvi Q by Kaléo. This device is intended for use in life-threatening allergic reactions in infants and children.
The Asia Pacific is seen to be dominating the regional front of the global prefilled syringe market. This dominance has been attributed to the turn of events and the development of new technologies during the COVID-19 outbreak. Even though the prefilled syringes market is in its early stages in APAC, factors, for example, improving financial conditions, the rising buying intensity of the individuals, the development in mindfulness in regards to the upsides of prefilled syringes, and the nearness of a huge patient experiencing different interminable maladies are relied upon to drive the market to enroll a two-digit CAGR.
Competitive Landscape
In October 2018, Becton, Dickinson, and Company launched the BD Intevi 1mL two-step disposable autoinjector.
In July 2020, Becton, Dickinson, and Company entered into a partnership with Biomedical Advanced Research and Development Authority (BARDA) (US)
In July 2018, Becton, Dickinson, and Company acquired Teva Medical Inc. (US)
The Prefilled Syringe market can be divided based on product types and It’s sub-type, major applications and Third-Party usage area, and important regions
This report segments the global Prefilled Syringe Market based on Types are:
Glass Prefilled Syringes
Polymer Prefilled Syringes
Based on Application, the Global Prefilled Syringe Market is Segmented into:
Vaccine
Antithrombotics
Bioengineering Drugs
Other
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Regions are covered By Prefilled Syringe Market Report 2021 to 2026.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia and, Italy).
Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
The Total Addressable Market (TAM) For estimating the market size two approaches are used: Bottom-up and Top-down approach. In the Bottom-up approach, the consumption of the various segments is taken into account. The regional, segment-wise, and end-user uptake/consumption is taken into account for this approach. This is then totaled to arrive at the TAM for this approach. In the Top-down approach, the company-wise production in terms of both value and volume is taken into account and totaled for arriving at the TAM. This data is then bifurcated based on the consumption in the various market segments.
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Prefilled Syringe Market
-Changing the Prefilled Syringe market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Prefilled Syringe market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Prefilled Syringe Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Prefilled Syringe market:
- What are the recent developments and government policies?
- What are the top trends in the Prefilled Syringe market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Prefilled Syringe market?
- Which region would offer high growth for vendors in the market?
The report has 150 tables and figures browse the report description and TOC
https://www.marketinsightsreports.com/reports/03252757469/global-prefilled-syringe-market-growth-2021-2026?Mode=46
Customization of the Report: This report can be customized as per your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
Related Reports
Global Glass Prefilled Syringes Market Growth 2021-2026
https://www.marketinsightsreports.com/reports/05262936300/global-glass-prefilled-syringes-market-growth-2021-2026?Mode=46
Global Polymer Prefilled Syringes Market Growth 2021-2026
https://www.marketinsightsreports.com/reports/05262936320/global-polymer-prefilled-syringes-market-growth-2021-2026?Mode=46
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Irfan Tamboli (Sales Manager) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology, and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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