Prefilled Syringes Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2027
The global Prefilled Syringes Market 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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Key
Highlights From The Report
In October 2019, Becton, Dickinson and Company launched a
two-step-disposable auto-injector named BD Intevia ™ 1 ml. The device can
combine prefilled syringe and auto-injector into one integrated system.
Disposable prefilled syringes held the largest market share
of 59.5% in 2019 as home care settings and hospitals increasingly use them.
The Plastic segment is forecasted to grow with the fastest
CAGR of 9.0% over the forecast period due to the increasing investments in the
R & D of the plastic syringes by the manufacturers.
The Diabetes segment accounted for the largest market share
in 2019 due to the increasing adoption of self-injection devices among diabetic
patients.
Hospitals accounted for the largest market share in 2019 due
to the increasing utilization of the prefilled syringes in emergency treatments
by healthcare providers.
Europe dominated the market for Prefilled syringes in 2019
due to the presence of the key market players in the region and the increasing
adoption of the technologically advanced injectable drug delivery devices.
The Asia Pacific region is expected to be the
fastest-growing region over the forecast period due to the rising prevalence of
chronic diseases and the growing geriatric population.
Key
participants include SCOTT AG, Becton, Dickinson and Company,
GERRESHEIMER AG, Medtronic PLC, WEST PHARMACEUTICAL SERVICES, INC., SHANDONG
WEIGAO GROUP, Unilife Corporation, CATALENT, INC., Stevanato Group, and NIPRO
CORPORATION, among others.
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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
Regional
Outlook (Revenue, USD Billion; 2017–2027)
North
America
Europe
Asia Pacific
Latin America
Middle East & Africa
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, 2019-2027
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
4.2.2.1. Demand for natural Prefilled Syringes
4.2.2.2. Rise in construction activities in the emerging economies
4.2.2.3. Increasing need to protect the wood
from decaying
4.2.3.
Market restraints analysis
4.2.3.1. Stringent regulations regarding conservation of natural
resources
4.2.3.2. Present challenging economic conditions due to the pandemic
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
Continue…
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