Prefilled Syringes Market Size to Reach USD 9.92 Billion in 2028 | Trend – Growing Demand for Prefilled Syringes Amid the Global COVID-19 Vaccination Drive

According to Emergen Research, the global prefilled syringes market size was USD 5.22 billion in 2020 and is expected to reach USD 9.92 billion in 2028 and register a revenue CAGR of 8.9% during the forecast period, 2021-2028.

Emergen Research has published its latest report titled “Prefilled Syringes Market, By Type (Reusable, Disposable), By Material (Plastic, Glass), By Application (Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Others), By Distribution Channel (Biotechnology & Pharmaceutical Companies, Hospitals, Ambulatory Surgery Centers, Mail Order Pharmacies, Others), and By Region Forecast to 2028”

According to Emergen Research, the global prefilled syringes market size was USD 5.22 billion in 2020 and is expected to reach USD 9.92 billion in 2028 and register a revenue CAGR of 8.9% during the forecast period, 2021-2028.

Market Dynamics:

The global prefilled syringes market revenue growth is significantly driven by factors such as rising prevalence of chronic diseases such as rheumatoid arthritis, diabetes, and autoimmune diseases across the globe, growing geriatric population, rapid adoption of new and advanced biologics and biosimilars, and rising awareness of the many advantages of prefilled syringes. Rapidly rising cases of the novel coronavirus disease worldwide, growing demand for prefilled syringes amid the global COVID-19 vaccination drive, technological advances in injectable drug delivery devices, and increasing adoption of self-injection parenteral devices are among the other key factors expected to boost the global prefilled syringes market revenue growth over the forecast period.

Growing use of prefilled syringes by healthcare providers, owing to advantages such as high accuracy, greater convenience, easy-to-use features, better affordability, reduced drug waste, and minimized errors is a major driver for the market revenue growth. However, factors such as rising incidences of product recalls, high manufacturing costs, and limited production of plastic syringes are expected to restrain market revenue growth to a major extent.

Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.emergenresearch.com/request-sample-form/211

COVID-19 Impact Analysis:

  • Social distancing and restrictions severely disrupted businesses and operations
  • Lockdowns caused disruptions in transportation and logistics
  • Impacted manufacturing activities and mining operations globally
  • Took a toll on economy of various countries
  • Caused sudden and drastic downturn in economic activity
  • Disrupted agriculture, fisheries, dairy, and other sectors
  • Caused loss of employment and financial crisis
  • Supply impacts were further compounded owing to reduced disposable income
  • Emergence of variants continue to cause concerns and impact normal routines

Disposable Segment Accounted for Largest Revenue Share in 2020:

Based on type, the disposable segment accounted for the largest revenue share in the global prefilled syringes market in 2020. Growing preference for disposable prefilled for hospitals and home healthcare settings, owing to certain advantages such higher accuracy, increased safety, and minimized risks of contamination, is one of the key factors driving revenue growth of this segment.

Glass Segment To Register Rapid Revenue CAGR:

Based on material, the glass segment is projected to register the fastest revenue growth rate in the global prefilled syringes market over the forecast period. One of the major factors driving revenue growth of this segment is rising demand for glass prefilled syringes in healthcare settings due to significant advantages of glass over other materials, such as high compatibility with different filling machines, seamless integration, and prevention of water vapor and oxygen from interacting with drug compounds.

Europe Market Accounted for Largest Revenue Share in 2020:

Among regional markets, the Europe prefilled syringes market dominated other regions terms in terms of revenue share in the global market in 2020. Increasing prevalence of chronic diseases, rapid adoption of advanced biologics and biosimilars, technological advancements in drug delivery systems, and growing demand for self-injection devices are among the key factors driving revenue growth of the market in the region.

Buy Your Copy Now (Customized Report Delivered as per Your Specific Requirement)@ https://www.emergenresearch.com/select-license/211

Major Companies in the Global Prefilled Syringes Market Include:

  • Becton, Dickinson and Company
  • Gerresheimer
  • SCHOTT AG
  • West Pharmaceutical Services, Inc.
  • Baxter International Inc.
  • Ompi
  • Catalent, Inc.
  • Weigao Group
  • Vetter Pharma International GmbH
  • Nipro Corporation
  • Elcam Medical
  • YPSOMED
  • Oval Medical Technologies
  • SHL Medical AG
  • Terumo Corporation

For the purpose of this report, Emergen Research has segmented the global prefilled syringes market based on type, material, application, distribution channel, and region:

Type Outlook (Revenue, USD Billion; 2018-2028)

  • Reusable
  • Disposable

Material Outlook (Revenue, USD Billion; 2018-2028)

  • Plastic
  • Glass

Application Outlook (Revenue, USD Billion; 2018-2028)

  • Diabetes
  • Rheumatoid Arthritis
  • Anaphylaxis
  • Cancer
  • Others

Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)

  • Biotechnology & Pharmaceutical Companies
  • Hospitals
  • Ambulatory Surgery Centers
  • Mail Order Pharmacies
  • Others

Click on the link to read key highlights of the report and look at projected trends for years to come: https://www.emergenresearch.com/industry-report/prefilled-syringes-market

Region Outlook (Revenue, USD Billion; 2018-2028)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • South Africa
    • Turkey
    • Rest of Middle East & Africa

Reasons to buy the report:

  1. 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.
  2. 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.
  3. 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…

Explore Complete Table of Content@ https://www.emergenresearch.com/industry-report/prefilled-syringes-market

Insights into our Other Published Healthcare Reports:

Industrial Automation Software Market, By Type (Supervisory Control and Data Acquisition, Distributed Control System, Manufacturing Execution Systems, and Others), By Deployment, By End Use, and By Region Forecast to 2028.

Digital Water Market, By Solution Type (Hardware, Software, and Services), By Technology (Metering & Customer Management, Network Management, and Others), By Utility Tier (Tier 1, Tier 2, and Tier 3), and By Region Forecast to 2028.

Metaverse in Gaming Market By Component (Hardware, Software), By Device (Mobile, VR Headsets, PCs, Gaming Consoles), By Technology (NFT, Blockchain, Virtual Reality, Augmented Reality, Mixed Reality, Extended Reality), and By Region Forecast to 2028

Metaverse in Automotive Market By Component (Hardware, Software), By Technology (NFT, Blockchain, Virtual Reality, Augmented Reality, Mixed Reality, Extended Reality), By Application (Advertising, Online Car Purchasing, Designing, In-car Entertainment, Others), and By Region Forecast to 2028.

Metaverse in Healthcare Market By Component (Software, Hardware), By Technology (AR, VR, AI, MR), By Device (VR Headsets, AR Devices, Mixed Reality Platforms), By End Use (Medical Training & Education Modules, Diagnosis, Treatment, Designing ORs, Surgical Training, Remote Monitoring, Others), By Region Forecast to 2028.

Non fungible Token Market By Type (Physical Asset, Digital Asset), By Application (Collectibles, Art, Gaming, Utilities, Metaverse, Sport, Others), By End-Use, and By Region Forecast to 2030

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

Read Our Press Release@ https://www.emergenresearch.com/press-release/global-prefilled-syringes-market

Read Our Blog Article@ https://www.emergenresearch.com/blog/prefilled-syringes-increased-demand-in-therapeutics-post-covid-19