The Global Prefilled Syringes Market size was valued at USD 5.74 Billion in 2020 and is forecasted to reach USD 12.76 Billion by 2028 at a CAGR of 10.5%. The market is mainly driven by the rising prevalence of chronic diseases such as diabetes, Rheumatoid Arthritis, and other autoimmune diseases. Increasing research and developments for the production of innovative prefilled syringe technologies is expected to drive the market's growth. Growing adoption of the prefilled syringes technologies by healthcare providers is a key contributor to the increasing demand for the product over the forecast period. The movement towards disposable and plastic syringes has driven the demand for safe and convenient prefilled syringes in the medical field.

The report analyzes the leading players The report analyzes the leading players of the global Prefilled Syringes market drivers and restraints market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Prefilled Syringes market drivers and restraints market.

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Prominent Players Analyzed in the Report:

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.

Increasing requirement for biological drugs is expected to drive the growth of the market over the forecast period. The increasing number of product launches by the manufacturers has resulted in the development of the industry. The growing adoption of convenient self-injection devices is anticipated to fuel the prefilled syringes' demand over the forecast period. The growing geriatric population worldwide is a key contributing factor to the increasing demand for the product. The minimization of the drug waste and reduction in the manual and device-based measuring errors are the most significant advantages of the prefilled syringes. The Increasing number of product recalls are restricting the growth of the industry. Limited production of plastic syringes and high manufacturing cost are expected to hamper the demand for the product. 

Key Highlights From The Report

In October 2020, 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 2020 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 2020 due to the increasing adoption of self-injection devices among diabetic patients.

Hospitals accounted for the largest market share in 2020 due to the increasing utilization of the prefilled syringes in emergency treatments by healthcare providers.

Europe dominated the market for Prefilled syringes in 2020 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.

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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; 2017-2028)

Reusable

Disposable

Material Outlook (Revenue, USD Billion; 2017-2028)

Plastic

Glass

Application Outlook (Revenue, USD Billion; 2017-2028)

Diabetes

Rheumatoid Arthritis

Anaphylaxis

Cancer

Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2028)

Ambulatory Surgery Centers

Hospitals

Mail Order Pharmacies

Biotechnology Pharmaceutical Companies

Others

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Regional Outlook (Revenue, USD Billion; 2017-2028)

North America

U.S.

Canada

Europe

Germany

UK

France

BENELUX

Rest of Europe

Asia Pacific

China

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

MEA

Saudi Arabia

UAE

Rest of MEA

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Table of Contents:

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and global market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

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