Fatpos Global has released a report titled “Prefilled Syringes Market - Analysis of Market Size, Share & Trends for 2021 – 2022 and Forecasts to 2032” which is anticipated to reach USD 32.3 billion by 2032. According to a study by Fatpos Global, the market is expected to portray a CAGR of 10.9% between 2022 and 2032. According to the market research study, growing incidence of chronic diseases like autoimmune diseases, diabetes etc., requiring usage of prefilled syringes are expected to boost the growth of the Prefilled Syringes Market.
The market research study on Prefilled Syringes Market includes in-depth insights such as:
- Prefilled Syringes Market in Europe held the largest market share in the year 2021.
- Prefilled Syringes Market is classified based on the Product Type into Safety Prefilled Syringes, Conventional Prefilled Syringes.
- Prefilled Syringes Market is classified based on the Material Type into Glass Prefilled Syringes, Plastic Prefilled Syringes.
- Prefilled Syringes Market is classified based on the Closing System into Luer Lock System, Staked Needle System, Luer Cone System.
- Prefilled Syringes Market is classified based on the Design into Customized Prefilled Syringes, Single-Chamber Prefilled Syringes, Dual- Chamber Prefilled Syringes.
- Prefilled Syringes Market is classified based on the Application into Ophthalmology, Anaphylaxis, Diabetes, Rheumatoid Arthritis, Cancer, Thrombosis, Others.
- Prefilled Syringes Market is classified based on the End User into Hospitals, Ambulatory Surgery Centers, Mail Order Pharmacies, Others.
- Increasing demand for prefilled syringes containing biological products is expected to drive the growth of the Prefilled Syringes Market.
“The advantages offered by prefilled syringes like accurate dosing is expected to boost the growth of the Prefilled Syringes Market”, said a lead analyst at Fatpos Global.
Prefilled syringes are injectable drug delivery system introduced to operate drugs via the parenteral route. Prefilled syringes are one of the effective drug delivery system to administer several injectable drugs like biologics and biosimilar which is expected to create demand for prefilled syringes. Prefilled syringes are easy to administer and assist in quick delivery of drugs. Several advancements in product are resulting in decreasing waste and including products to administer huge volumes of medications.
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Prefilled Syringes Market is classified based on the Material Type into Glass Prefilled Syringes, Plastic Prefilled Syringes. Glass segment dominated the market in 2021 owing to the robust barrier property of the glass which is used for manufacturing of prefilled syringes. The benefits of being compatible with several filling drug machines may also aid in the market growth. Plastic segment is expected to dominate the market due to the high preference of the glass ions to react with drugs and the fragile nature of glass which is to be altered with plastic and is expected to boost the growth of the market in the forecast period.
Key Players in the Market
Some of the key players operating in the Prefilled Syringes Market are Bayer AG, Abbott Laboratories, Becton, Baxter International, Gerresheimer Ag, Vetter Pharma International Gmbh, Nipro Corporation, Terumo Medical Corporation, West Pharmaceutical Services, Inc and Other Prominent Players.
Get Valuable Insights into Market
In the latest market study conducted by Fatpos Global thrives to present an unbiased analysis of the Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2022-2032. The study includes compelling insights into growth that is witnessed in the Market. Prefilled Syringes Market is classified based on the Product Type into Safety Prefilled Syringes, Conventional Prefilled Syringes. Prefilled Syringes Market is classified based on the Material Type into Glass Prefilled Syringes, Plastic Prefilled Syringes. Prefilled Syringes Market is classified based on the Closing System into Luer Lock System, Staked Needle System, Luer Cone System. Prefilled Syringes Market is classified based on the Design into Customized Prefilled Syringes, Single-Chamber Prefilled Syringes, Dual- Chamber Prefilled Syringes. Prefilled Syringes Market is classified based on the Application into Ophthalmology, Anaphylaxis, Diabetes, Rheumatoid Arthritis, Cancer, Thrombosis, Others. Prefilled Syringes Market is classified based on the End User into Hospitals, Ambulatory Surgery Centers, Mail Order Pharmacies, Others. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.
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An acronym for “Failures Are the Pillar of Success”, FATPOS Global has grown to become an end-to-end market intelligence firm. At FATPOS Global, we have emerged to become a reliable market research and management consulting company that caters to non-profits, corporations, and government agencies. Our aim is to help organizations make the right decisions backed by reliable data, in order to help them meet their growth goals.
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Global Prefilled Syringes Market Research Report: Information by Material (Glass Prefilled Syringes, Oil Siliconized Syringes, Baked on Silicone Syringes and Plastic Syringes), Type (Conventional Prefilled Syringes and Safety Prefilled Syringes), Design (Single-Chamber Prefilled Syringes, Dual-Chamber Prefilled Syringes and Customized Prefilled Syringes), End User (Hospitals/Clinics and Ambulatory Surgical Center) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2027 Prefilled Syringes Market HighlightsMRFR (Market Research Future) expects the Prefilled Syringes Market 2020 to reach a size of USD 8397.23 million by 2024.
We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.COVID-19 Impact on Prefilled Syringes Market Interestingly, COVID-19 has added to the prefilled syringes market value, as the novel coronavirus pandemic has led the pharmaceutical sector to focus more on developing vaccine.
However, the scenario has resulted in a higher demand for prefilled syringes in the healthcare industry, given their provision of elevated safety and accurate dosing, ease of administration as well as lower contamination risk.Lately, the adoption of single-dose prefilled syringes has escalated, especially following the onset of SARS-CoV-2.
Despite the pandemic’s detrimental impact on manufacturing, increasing efforts by prefilled syringes manufacturers to bolster their supply chains should ensure sustained market growth in the next few years.Request Free Sample Copy at:https://www.marketresearchfuture.com/sample_request/6167Top Drivers and ChallengesRising consumption of biological drugs has been favorable for the prefilled syringes industry in recent years.
Plastics do not have flexibility and breakage issues that are usually associated with glass, and they also exhibit impressive adsorption properties.
RediTrex has been developed for easier handling as well as dosing accuracy for self-administration of methotrexate under the skin for patients with restricted hand dexterity.Segmental Outlook Prefilled syringes industry has been studied with respect to key segments such as material, type, design and end-user.Materials specified in the market study include plastic syringes and glass prefilled syringes.
