The Global Prefilled Syringes Market size was valued at USD 6.22 Billion in 2022 and is projected to grow at a CAGR of around 10.21% during the forecast period, i.e., 2023-28.
Global Prefilled Syringes Market Dynamics:
Increasing Demand for Biological Drugs and Continuous Advancements in Injectable Delivery Solutions - The global prefilled syringes market is expected to experience significant growth on account of the rising demand for biological drugs and continuous innovations in injectable delivery solutions, catering to the mounting need for effective & convenient administration of biological medications, which have garnered significant attention from prominent pharmaceutical companies due to their potential to target diseases with limited or no existing treatment options.
In May 2021, Glenmark Pharmaceuticals Ltd. made a noteworthy announcement regarding the U.S. Food and Drug Administration's approval for Icatibant injection. This approval marked a milestone as it represented a generic version of Firazyr injection, and it is available in a convenient prefilled syringe format with a dosage of 30 mg/3 mL (10 mg/mL) for single-dose use. This development showcases the ongoing efforts to enhance patient experience and expand treatment options through user-friendly prefilled products in the biologic drugs segment.
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Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Global Prefilled Syringes Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2022
-Historical Period: 2018 to 2021
-Forecast Period: 2023-28
- By Type
- Conventional Prefilled Syringes- Market Size & Forecast 2018-2028, USD Million
- Disposable- Market Size & Forecast 2018-2028, USD Million
- Reusable- Market Size & Forecast 2018-2028, USD Million
- Safety Prefilled Syringes- Market Size & Forecast 2018-2028, USD Million
- Conventional Prefilled Syringes- Market Size & Forecast 2018-2028, USD Million
- By Material
- Glass Prefilled Syringes- Market Size & Forecast 2018-2028, USD Million
- Plastic Prefilled Syringes- Market Size & Forecast 2018-2028, USD Million
- By Design
- Single-chamber- Market Size & Forecast 2018-2028, USD Million
- Dual-chamber- Market Size & Forecast 2018-2028, USD Million
- Customized- Market Size & Forecast 2018-2028, USD Million
- By Application
- Anaphylaxis- Market Size & Forecast 2018-2028, USD Million
- Rheumatoid Arthritis- Market Size & Forecast 2018-2028, USD Million
- Diabetes- Market Size & Forecast 2018-2028, USD Million
- Others- Market Size & Forecast 2018-2028, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Abbott Laboratories, Bayer AG, Baxter International, Becton, Dickinson and Company Gerresheimer AG, Medtronic Plc, Nipro Corporation, Terumo Medical Corporation, Vetter Pharma International Gmbh, West Pharmaceutical Services, Inc, Unilife Corporation, Owen Mumford Ltd, Scandinavian Health Limited (SHL Group), Haselmeier AG, Schott AG and Others
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