Press release
Prefilled Syringes Market Will Reach US$ 52 Billion By 2033, Growing At A CAGR Of 12.54 Percent Between 2023 And 2033
Global Prefilled Syringes Market
Due to the rising demand for effective and user-friendly medication delivery systems, the market for prefilled syringes has shown impressive expansion in recent years. Prefilled syringes, which have many advantages over conventional vial and syringe combinations, have emerged as a game-changer in the pharmaceutical sector. This article examines the global market for prefilled syringes, focusing on its position right now, future growth potential, and effects on patient care.
A single-dose packet of vaccination in a prefilled syringe has a needle attached by the manufacturer. Metal or glass syringes were once used, but there has been a shift towards plastic and disposable syringes in recent years (prefilled disposable systems), which protect the needle and prevent it from being reused. This has increased the demand for prefilled syringes over traditional glass vials for packing prescription medications in the medical industry.
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Based on material, the market can be segmented into:
• Glass Prefilled Syringes
• Plastic Prefilled Syringes
Based on product type, the market can be segmented into:
• Conventional Prefilled Syringes
• Safety Prefilled Syringes
Based on design, the market can be segmented into:
• Single-chambered Prefilled Syringes
• Dual-chambered Prefilled Syringes
Based on application, the market can be segmented into:
• Vaccines
• Monoclonal Antibodies
• Insulin
• Pain Management
• Autoimmune Diseases
• Others
Based on end-user, the market can be segmented into:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Homecare Settings
Region
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
South America
• Brazil
• Argentina
• Rest of South America
Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of Middle East and Africa
Competitive Landscape:
The global prefilled syringes market is highly competitive, with several key players dominating the market. Some of the major players in the market include:
Becton, Dickinson and Company (BD)
Gerresheimer AG
SCHOTT AG
West Pharmaceutical Services, Inc.
Stevanato Group S.p.A.
Nipro Corporation
Catalent, Inc.
Fresenius Kabi AG
Vetter Pharma International GmbH
Ompi (Stevanato Group)
Regional Trend:
The global prefilled syringes market can be segmented into several regions, including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America is the largest market for prefilled syringes, driven by the presence of major pharmaceutical companies, increasing demand for self-injection devices, and favorable government policies. The United States is the largest market in the region due to the high prevalence of chronic diseases and the growing demand for injectable drugs. Europe is also a significant market for prefilled syringes, driven by increasing demand for self-injection devices and the presence of major pharmaceutical companies. Germany, France, and the United Kingdom are the largest markets in the region due to the high prevalence of chronic diseases and increasing healthcare expenditure.
The Asia-Pacific region is expected to be the fastest-growing market for prefilled syringes, driven by increasing healthcare expenditure, growing demand for self-injection devices, and the presence of a large patient pool. China, Japan, and India are the largest markets in the region due to the high prevalence of chronic diseases and increasing healthcare spending. Latin America and the Middle East & Africa are also growing markets for prefilled syringes, driven by increasing healthcare expenditure and the growing demand for self-injection devices. Brazil, Mexico, and South Africa are the largest markets in their respective regions. Overall, the global prefilled syringes market is expected to continue growing in all regions due to increasing demand for injectable drugs, technological advancements, and regulatory support.
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This prefilled syringes market report includes information on recent developments, trade laws, import-export analysis, production analysis, value chain optimisation, market share, the impact of domestic and localised market participants, analyses of opportunities in terms of emerging revenue pockets, changes in market laws, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geog Contact Data Bridge industry Research for an Analyst Brief to learn more about the prefilled syringes industry. Our staff will assist you in making an informed choice to expand your market.
To maintain their regular visits, healthcare professionals must use new virtual and digital healthcare technology as well as new methods of care delivery to reduce face-to-face interaction, such as telemedicine. Furthermore, when continuous glucose monitoring is possible, using apps can help with the self-management of chronic conditions like diabetes. Similar to this, community chemists' efforts to manage chronic conditions and encourage medication adherence will be crucial in reducing the strain on already overworked healthcare systems during the Covid-19 outbreak.
Due to the surge in demand for home healthcare services, market participants have expanded their investments in raw materials and resources. Health care providers have adopted telemedicine, which helps to lessen face-to-face interaction, in response to new and various ways of providing the necessary quantity of care. The burden on healthcare systems has been reduced by the expanded role of community and individual chemists in the management of chronic illnesses and the promotion of drug adherence during the COVID-19 pandemic outbreak. In general, COVID-19 had a moderately beneficial effect on the market for prefilled syringes. The increase in demand for prefilled syringes over glass ampoules or any other extra needles was blamed for this.
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Key Benefits For Stakeholders
• This report provides a detailed quantitative analysis of the current prefilled syringes market trends and forecast estimations from 2020 to 2030, which assists to identify the prevailing market opportunities.
• An in-depth prefilled syringes market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
• A comprehensive analysis of factors that drive and restrain the growth of the global the prefilled syringes market is provided.
• The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2030, in terms of value.
• An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
• Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help in understanding competitive outlook of the prefilled syringes market.
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