Press release
Elevated Demand for Single-Chamber Prefilled Syringes Market: Soaring to $22.44 Billion by 2029
Single-Chamber Prefilled Syringes Market
Striking Advancements in Single-Chamber Prefilled Syringes Market Bolstered by Pharmaceutical and Biotechnology Sector Growth
What Is The Projected Market Size Of The Global Single-Chamber Prefilled Syringes Market And Its Growth Rate?
- The market size of single-chamber prefilled syringes has grown significantly in recent years and will rise from $10.72 billion in 2024 to $12.03 billion in 2025. The compound annual growth rate (CAGR) estimates at 12.2%.
- This growth can be attributed to advancements in the pharmaceutical and biotechnology sectors, patient-friendly drug administration methods, safety and ease of use, the demand for precise drug dosing, and regulatory approvals and guidelines.
- By 2029, the market size is foreseen to ascend to $22.44 billion with an impressive CAGR of 16.9%, driven by biologics and biosimilars in prefilled syringes, self-administration and home healthcare, pediatric and geriatric drug delivery, combination products with auto-injectors, regulatory emphasis on drug safety, telemedicine, and remote monitoring.
What Is Driving The Growth In The Single-Chamber Prefilled Syringes Market?
The growth of the single-chamber prefilled syringe market is significantly attributed to the increase in chronic diseases such as diabetes and cancer. For instance, diabetes patients requiring insulin therapy for control of their elevated blood glucose levels primarily use single-chamber prefilled syringes. Moreover, by 2050 the rise in new cancer cases is expected to be over 35 million, a 77% increase from the estimated 20 million cases in 2022. Therefore, the surge in chronic diseases is a driving force behind the expanding single-chamber prefilled syringes market.
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Who Are the Key Players Driving Single-Chamber Prefilled Syringes Market Growth?
Key market players include:
- Becton, Dickinson and Company
- Gerresheimer Glass Inc.
- Schott AG
- Catalent Inc.
- Nipro Medical Corporation
- Weigao Group Medical Polymer Company Limited
- Stevanato Group S.p.A.
- Baxter International Inc.
- Vetter Pharma International GmbH
- Terumo Corporation
- Ypsomed Holding AG
- SHL Medical AG
- Ompi
- Elcam Medical A.C.S. Ltd.
- Oval Medical Technologies Ltd.
- West Pharmaceutical Services Inc.
What Are The Key Trends In The Single-Chamber Prefilled Syringes Market?
Key trends in the forecast period include:
- Prefilled syringes with connected devices
- Sustainable and biodegradable materials
- Customized and patient-specific syringe options
- Needlestick prevention and safety features
- Prefilled syringes for cell and gene therapies
- Prefilled syringes with anti-counterfeiting measures
What Are The Segments Of The Global Single-Chamber Prefilled Syringes Market?
- By Type: Glass, Plastic
- By Application: Vaccine Product, Biologic, Pharmaceutical Product
Which Region Leads The Single-Chamber Prefilled Syringes Market?
North America leads the market for single-chamber prefilled syringes and was the largest region in 2024. However, the Asia-Pacific region follows closely as the second-largest. Forecast predicts a rapid growth in the market share of the Asia-Pacific region.
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What Is Covered In The Single-Chamber Prefilled Syringes Market Global Market Report?
- Market Size Analysis: Analyze the Single-Chamber Prefilled Syringes Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Single-Chamber Prefilled Syringes Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Single-Chamber Prefilled Syringes Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Single-Chamber Prefilled Syringes Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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