Prefilled Syringes Market: Secrets Exposed! Here's the Juicy Details
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭:
𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗜𝗺𝗽𝗮𝗰𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 (𝗣𝗿𝗲 & 𝗣𝗼𝘀𝘁) -
• The US government has signed an agreement worth $138 million with prefilled syringe manufacturers to support the production of nearly 100 million prefilled syringes for the Covid-19 vaccine by 2020. Several governments have signed new agreements with the producing syringes to ensure there is enough Covid-19 vaccine available. and their country.
• There has been a considerable rise in the demand for prefilled syringes over glass ampoules or any other additional needles as they lower the risk of needle-stick injuries. This led manufacturers to raise the production capacity of the prefilled syringes for the production of Covid-19 vaccines.
Coronavirus (COVID-19) outbreak began in late December in Hubei province of Wuhan city in China. Named as severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), it is transmitted among humans. There is an increase in demand for prefilled syringes over glass ampoules or any other needles because of the reduced risk of needlestick injuries. For example, the US government signed a $138 million contract with syringe manufacturers to support the production of 100 syringes for the vaccine against COVID-19 by the end of 2020.
On the basis of material, the global syringe market is segmented into glass-based and plastic-based. The glass-based segment was the major contributor to the global market in 2020 and is expected to continue during the forecast period, due to technological advancements in prefilled syringes, increase in adoption of prefilled syringes, the increase in chronic diseases, and the increase in chronic diseases. the advantages of using prefilled syringes over conventional vials.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗹𝗮𝘆𝗲𝗿𝘀 𝗔𝗿𝗲 -
• Abbott Laboratories,
• Bayer Ag,
• Baxter International,
• Dickinson And Company,
• Gerresheimer Ag,
• Medtronic Plc,
• Nipro Corporation,
• Terumo Medical Corporation,
• Vetter Pharma International Gmbh,
• West Pharmaceutical Services, Inc.
Europe accounted for a major share of the global prefilled syringes market share in 2020 and is expected to remain dominant throughout the forecast period. This is attributed to increasing incidence of chronic diseases, increasing demand for pre-filled syringes, availability of advanced healthcare facilities with qualified healthcare professionals, increasing number of R&D activities coupled with a significant presence of key players and the increase in investments made by governments in the health system.
𝗞𝗲𝘆 𝗙𝗶𝗻𝗱𝗶𝗻𝗴𝘀 𝗼𝗳 𝗧𝗵𝗲 𝗦𝘁𝘂𝗱𝘆 -
• Based on the equipment, the glass -based segment held a majority share on the world market in 2020.
• On the basis of the design, the pre-filled syringes segment with a single room held the largest market share in 2020 and should remain dominant throughout the forecast period.
• By therapeutic, the large molecules segment held largest prefilled syringes market share in 2020, and is expected to remain dominant throughout the forecast period.
♦ 𝐒𝐢𝐦𝐩𝐥𝐲 𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐄𝐱𝐩𝐞𝐫𝐭 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐂𝐥𝐚𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧:
𝗚𝗲𝗼𝗴𝗿𝗮𝗽𝗵𝗶𝗰 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 -
The prefilled syringes market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
• North America (USA and Canada)
• Europe (UK, Germany, France and the rest of Europe)
• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
• Latin America (Brazil, Mexico, and the rest of Latin America)
• Middle East and Africa (GCC and rest of the Middle East and Africa)
𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘁𝗹𝘆 𝗔𝘀𝗸𝗲𝗱 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀?
Q1. What is the total market value of Prefilled Syringes market report?
Q2. Which are the top companies hold the market share in Prefilled Syringes market?
Q3. Which is the most influencing segment growing in the Prefilled Syringes market report?
Q4. What would be forecast period in the market report?
Q5. What is the market value of Prefilled Syringes market in 2020?
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Parenteral drugs are the second most preferred type of drugs after oral solid dosage forms and also holds second largest market share in terms of revenue in overall pharmaceutical market. Various benefits such as ease in administration, better patient compliance and 100% bioavailability are the few important factors that are expected to favor growth of the prefilled syringes market over the forecast period (2016–2024). Prefilled syringes segment is the one