Prefilled Syringes Market Growth, Share 2022-2027: Industry Size, Forecast, Trends and Analysis

 The global prefilled syringes market size reached US$ 6.31 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 10.94 Billion by 2027 exhibiting a growth rate (CAGR) of 9.20% during 2022-2027.

Covid-19 Impact: 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Industry Definition and Application:

Prefilled syringes represent single-dose packets of injectable vaccines that are disposable in nature. In terms of designs and materials, they can be categorized into single-chamber, dual-chamber, customized, glass, and plastic variants. These prefilled syringes significantly lower the chances of drug contamination by avoiding the potential admixture-related contamination risks that can occur when syringes are inserted in a drug vial to draw out a dose. They further improve safety, enable convenient and quick delivery of drugs in the case of emergencies, and eliminate the on-site vial cleaning and depyrogenation procedures. As a result, prefilled syringes are being extensively utilized in hospitals and clinics across the globe.

Prefilled Syringes Market Trends and Drivers: 

The elevating usage of biologics and biosimilars to treat chronic ailments, such as diabetes, cancer, cardiovascular disorders, autoimmune diseases, etc., is primarily driving the prefilled syringes market. Additionally, the rising innovation in injectable delivery solutions and the introduction of technologically advanced self-injecting parenteral devices are acting as significant growth-inducing factors. 

Besides this, the inflating investments undertaken by the government bodies to promote cutting-edge syringe production are also positively influencing the market growth. Furthermore, shifting preferences for home-based healthcare and the development of glass auto-injectors that prevent oxygen and water vapor from interacting with drugs and facilitate compatibility with varied filling machines are expected to propel the prefilled syringes market in the coming years.

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Prefilled Syringes Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 6.31 Billion

Market forecast in 2027

US$ 10.94 Billion

Growth Rate

CAGR of 9.20% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Design, Material, Closing system, Application and End user.

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Key companies profiled

Abbott Laboratories, B. Braun Melsungen AG, Baxter International Inc., Bayer AG, Becton Dickinson and Company, Cardinal Health Inc., Catalent Inc., Fresenius SE & Co. KGaA, Gerresheimer AG, Nipro Corporation, Schott AG, Terumo Corporation and West Pharmaceutical Services Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Report Segmentation: 

The report has been segmented the market into following categories:

Breakup by Design:

Single-chamber Prefilled Syringes

Dual-chamber Prefilled Syringes

Customized Prefilled Syringes

 Breakup by Material:

Glass Prefilled Syringes

Plastic Prefilled Syringes

 Breakup by Closing System:

Staked Needle System

Luer Cone System

Luer Lock Form System

 Breakup by Application:

Diabetes

Anaphylaxis

Rheumatoid Arthritis

Oncology

Others

 Breakup by End User:

Hospitals

Clinics

Others

By Geography:

North America (United States, Canada)

Europe (Germany, France, United Kingdom, Italy, Spain, Others)

Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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List of Major Key Players: 

The major players in the market are 

  • Abbott Laboratories
  •  B. Braun Melsungen AG
  •  Baxter International Inc.
  •  Bayer AG
  •  Becton Dickinson and Company
  •  Cardinal Health Inc.
  •  Catalent Inc.
  •  Fresenius SE & Co. KGaA
  •  Gerresheimer AG
  • Nipro Corporation
  • Schott AG
  • Terumo Corporation 
  •  West Pharmaceutical Services Inc.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse Other Related Report: 

Dental Consumables Market Report: https://www.imarcgroup.com/dental-consumables-market


Pediatric Medical Devices Market Share: https://www.imarcgroup.com/pediatric-medical-devices-market

Surgical Equipment Market Trends: https://www.imarcgroup.com/surgical-equipment-market

Injection Molding Machines Market Report 2022-2027: https://www.imarcgroup.com/injection-molding-machines-market

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