Pre-Fillable Syringe Closures and Accessories Market Report CAGR, Size, Share, Growth, Company Profile, Development Trends, Regional Outlook, product price, End-User and Forecast to 2031

The Global Pre-Fillable Syringe Closures and Accessories Market is estimated to be worth US$ 1998.52 Million in 2022, and it is projected to reach US$ 4805.37 Million by 2031, with a compound annual growth rate (CAGR) of 10.05% during the forecast period of 2023-2031, according to the most recent research conducted by InsightAce Analytic.

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Injectable medications and diluents are packaged using pre-filled syringes. These syringes are intended to bypass the drug withdrawal process and administer the medication directly to the patient. Therefore, this reduces the microbial contamination and interaction between the drug and the pre-filled syringes. The pre-filled syringe is composed of glass or polymer material and includes components such as plunger stoppers, needle shields, and plunger rods. These components are essential for the packaging of complex and sensitive biopharmaceutical medications. The processibility, compatibility, and manufacturing process can be influenced by the selection of the appropriate packaging material. The pre-filled hypodermic market in Europe is more developed than that of the United States.

The primary factors fueling the demand for pre-filled syringes and more sophisticated drug delivery are the increasing demand. Also, the market will experience growth as a result of the increased collaborations to create advanced syringes that have fewer interactions between primary packaging materials and drug products. Dosing errors are eliminated by pre-filled syringes, as they contain the precise dose and the necessary procedures prior to the drug vial's use.

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Some market restrainers include traditional drug delivery processes that may generate stability issues, safety systems, low-cost alternatives, and the necessity for more sophisticated forms of delivery as their requirements become more intricate. In order to remain competitive in the market, manufacturers of pre-fillable syringe closures and accessories must make more substantial investments.
Europe is the leading region in terms of market growth, with North America following closely behind. This is attributed to the extensive financing and partnerships that have been established to mitigate production errors and introduce innovative designs that are more cost-effective and manageable.

Key market players are:
• BD (Becton, Dickinson and Company),
• Dätwyler Holding Inc.,
• Gerresheimer AG,
• West Pharmaceutical Services, Inc.,
• AptarGroup, Inc.,
• Nipro PharmaPackaging International,
• Stevanato Group,
• Helvoet Rubber & Plastic Technologies BV,
• Nemera ,
• chott AG,
• L. Gore & Associates, Inc.,
• Owen Mumford Ltd,
• SANNER GMBH,
• Other Prominent Player

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Market Segments

Global Pre-Fillable Syringe Closures and Accessories Market, by Product
• Glass Syringes
o Plunger Rods
o Plunger Stoppers
o Backstops
o Closure systems for luer cones syringes
o Needle shields
o Closure systems for luer lock syringes
o Safety System/Component
• Polymer Syringes
o Plunger Rods
o Plunger Stoppers
o Backstops

Global Pre-Fillable Syringe Closures and Accessories Market, by End-user
• Contract Research & Manufacturing Organizations
• Pharmaceutical & Biotechnology Companies
• Other Institutes

Global Pre-Fillable Syringe Closures and Accessories Market, by Region
• Middle East & Africa
• North America
• Latin America
• Europe
• Asia Pacific

North America Pre-Fillable Syringe Closures and Accessories Market, by Country
• U.S.
• Canada

Europe Pre-Fillable Syringe Closures and Accessories Market, by Country
• Russia
• France
• Italy
• Rest of Europe
• Spain
• Germany

Asia Pacific Pre-Fillable Syringe Closures and Accessories Market, by Country
• China
• India
• South Korea
• Japan
• Australia & New Zealand

Latin America Pre-Fillable Syringe Closures and Accessories Market, by Country
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Pre-Fillable Syringe Closures and Accessories Market, by Country
• South Africa
• GCC Countries
• Rest of Middle East & Africa

Key Developments in the market:
• In January 2022, West announced a groundbreaking partnership with Corning in the field of pharmaceutical injectable drug delivery. Corning will invest multimillion dollars in capital and R&D to enable enhanced drug containment and delivery system solutions as part of the exclusive long-term supply and development arrangement.

• In October 2021, BD introduced the BD SCF PremiumCoat Plunger Stopper in collaboration with Aptar Pharma to improve the delivery of biologic drugs. This launch introduces a new generation of coated plunger stopper solutions to the market, which are designed to enhance the protection of sensitive medications by reducing the quantity and species of potential leachables.

• In Oct 2021, West expanded its NovaGuard SA Pro Safety System aids in India with the launch of a 0.5mL standard syringe device. West aims to bring more value to local customers and the healthcare industry.

•In Oct 2021, West expanded its NovaGuard SA Pro Safety System aids in India with the launch of a 0.5mL standard syringe device. West aims to bring more value to local customers and the healthcare industry.

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This release was published on openPR.