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Attractive Market Opportunities for DCS Filling Machine Market

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Rohna Patnakar
Attractive Market Opportunities for DCS Filling Machine Market

The Global Dual Chamber Syringe (DCS) Filling Machine Market size is projected to grow from USD 258 million in 2020 to USD 381 million by 2025, at a CAGR of 8.2% between 2020 and 2025. The growth is attributed to the growing biopharmaceutical industry, increasing production of lyophilized drugs and advancement in filling machine technologies.

Browse 102 market data Tables and 29 Figures spread through 113 Pages and in-depth TOC on "Dual Chamber Syringe (DCS) Filling Machine Market by Type (Automatic, Semi-Automatic and Manual), Application (Industrial Pharmacy and Hospital Pharmacy), and Region – Global Forecast To 2025".

Syntegon Technology is one of the leading providers of packaging and processing technology. In 2019, Bosch (Germany) sold one of its subsidiaries, Bosch Packaging Technology, to CVC Capital Partners (Luxembourg) and was renamed as Syntegon Technology. The company manufactures products for four different segments, namely, pharma, biopharma & fine chemicals, medical devices & diagnostics, food & confectionery, and other industries. It has a presence in more than 30 locations in over 15 countries.

The industrial pharmacy estimated to be leading application of dual chamber syringe (DCS) filling machine

The industrial pharmacy led the overall dual chamber syringe (DCS) filling machine market in 2019, both in terms of value and volume. The reason for the industrial segment leading the market is it involves research, production, packaging, quality control, marketing, and sales of pharmaceutical goods. A dual chamber syringe is used for the delivery of two drugs or for the ease of use it provides with lyophilized injectable drug products. The pharmaceutical industry is looking to offer convenient products to patients for self-administration.

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APAC projected to account for the largest share of the Dual chamber syringe (DCS) filling machine installed base market during the forecast period in terms of volume.

APAC is projected to have the largest share in the global dual chamber syringe (DCS) filling machine installed base market, in terms of volume, from 2020 to 2025. The growing aging population, significant medical device manufacturing capacity, growing per capita healthcare spending, and increased health awareness in the country are driving the market in the region.

The dual chamber syringe (DCS) filling machine installed base market is dominated by players such as Syntegon Technologies (Germany), Prosys Servo Filling Systems (US), Dara Pharmaceutical Packaging (Spain), TurboFil Packaging Machines (US), and Optima Machinery Corporation (Germany). Some of these players have adopted, new product development growth strategy to increase their market shares and enhance their product portfolios.

Read More Insights At https://www.marketsandmarkets.com/ResearchInsight/dual-chamber-syringe-filling-machine-market.asp

 

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