The global Prefilled Syringes Market Size will be worth USD 9.11 Billion by 2027, according to a current analysis by Emergen Research.
The global Prefilled Syringes Market Size will be worth USD 9.11 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the rising prevalence of chronic diseases, such as Rheumatoid Arthritis, diabetes, and other autoimmune diseases. Increasing demand for biological drugs is expected to drive the growth of the market over the forecast period. The growing adoption of convenient self-injection devices is anticipated to fuel the demand for the prefilled syringes. Increasing investments in the research and development for the launch of new innovative prefilled syringe technologies is expected to fuel the industry’s growth over the forecast period. Besides, the emergence of technologically advanced pen injectors and auto-injectors has augmented the industry’s growth.
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Covid19 impact
The pandemic has both a positive as well as a negative effect on the healthcare industry. It has disrupted the supply chain and raw material supplies in the Healthcare industry. The increasing number of people affected by the virus has also led to an increase in demand for medical supplies like disposable syringes and injections. The rising demand for prefilled syringes is due to their reduced risk of needle-stick injuries. Besides, the growing requirement for the rapid production of vaccines has also resulted in the increasing demand for prefilled syringes. In order to meet the growing demand for medical supplies, manufactures have increased their production capacity. The manufacturers are adopting safety regulations and preventive measures without hampering the manufacturing process.
Top Companies in Prefilled Syringes Market are:
Catalent, INC., Becton, Dickinson and Company, Scott AG, Gerresheimer AG, West Pharmaceutical Services, INC., Medtronic PLC, Shandong Weigao Group, Unilife Corporation, Stevanato Group, and Nipro Corporation, among others.
Prefilled Syringes Market Drivers During Forecast Period:
By Material Segment:
The plastic sub-segment is expected to grow at the highest rate during the forecast period because plastic syringe manufacturers are investing heavily in the research and development of the product.
By Distribution Channel Segment:
- The largest share of the market for disposable prefilled syringes was held by home care settings and hospitals in 2019, owing to the significantly high use of syringes in these settings.
- Hospitals are predicted to dominate the market for prefilled syringes in emergency treatments by healthcare providers.
By Application Segment:
The diabetes sub-segment accounted for the largest market share, due to the increasing number of diabetic patients who use self-injection devices.
By Regional Segment:
- The European region dominated the market for prefilled syringes in 2019 due to the high presence of major market players and the increasing adoption of advanced drug delivery devices.
- The Asian Pacific region is expected to register the fastest growth due to the prevalence of chronic diseases over the next decade caused by population growth and expanding geriatric populace.
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Key Highlights From The Report
- In 2018, Becton, Dickinson and Company introduced a two-step-disposable auto-injector named BD Intevia ™ 1 ml. The syringe can be combined with auto-injector into a single unit.
Emergen Research has segmented the global prefilled syringes market on the basis of type, material, application, distribution channel, and region:
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Reusable
- Disposable
- Material Outlook (Revenue, USD Billion; 2017-2027)
- Plastic
- Glass
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Diabetes
- Rheumatoid Arthritis
- Anaphylaxis
- Cancer
- Others
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Ambulatory Surgery Centers
- Hospitals
- Mail Order Pharmacies
- Biotechnology & Pharmaceutical Companies
- Others
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- Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- Rest of MEA
- North America
Reasons to buy the report:
- This study segments the Prefilled Syringes market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
- The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the Prefilled Syringes sectors.
- This Prefilled Syringes report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the Prefilled Syringes market.
Key features of the report:
- To study the key aspects impacting the Prefilled Syringes market size.
- To identify growth prospects in the Prefilled Syringes market.
- To analyze the Prefilled Syringes market segments and deduce the dominant trends observed in the industry.
- To examine the Prefilled Syringes market by investigating the available products, market share, and value proposition of the products.
- To analyze the industry by assessing the scope and application of the Prefilled Syringes market and highlight the growth of each application.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2030
Chapter 3. Key Insights
Chapter 4. Prefilled Syringes Market Segmentation & Impact Analysis
4.1. Prefilled Syringes Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continued…
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About Emergen Research
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