Prefilled Syringes Market Size is anticipated to reach at a CAGR of 9.1% during the forecast period
One of the main drivers propelling the growth of the prefilled syringes market is
the rising prevalence of chronic and lifestyle diseases, the expanding
pharmaceutical sector, and the advantages of prefilled syringes over
traditional syringes. Prefilled syringe sales are predicted to reach $5.7
billion in 2022. It is anticipated to expand at a CAGR of 9.1% from 2022 to
2030. The market for prefilled syringes is expected to increase as a result of
important pharmaceutical vendors continuously launching new products and
investing significantly in research and development.
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MARKET SEGMENTATION
This study divides the market for prefilled syringes
globally into three basic categories: materials, applications, and distribution
channels. The prefilled syringes market is divided into glass and plastic
prefilled syringes based on the materials used. The prefilled syringes market
is further divided into segments for diabetes, rheumatoid arthritis,
anaphylaxis, and others based on application. In 2017, the prefilled syringes
market was dominated by the prefilled syringes for diabetes segment. The global
prefilled syringes market is divided into hospitals, ambulatory surgery
centres, pharmacy stores, and others based on distribution channels. By
distribution channel, the hospital segment had the biggest percentage of the
prefilled syringes market worldwide in 2021.
The prefilled syringes market is
geographically divided into North America, Latin America, Europe, Asia-Pacific,
and the Middle East and Africa. Europe seized the largest market for prefilled
syringes in 2021. However, during the projection period, Asia-Pacific is
anticipated to develop at the greatest CAGR. This can be linked to the quick
development of the healthcare system, the rise in the number of elderly people,
and the prevalence of diabetes.
COMPETITIVE
LANDSCAPE
The study provides in-depth analysis of the top vendors,
covering latest product development and industrial activities, company
overviews, business strategy and financial performance insights, SWOT analyses
of the companies, and more.
Some
of the key players mentioned in the report are Becton, Dickinson and Company,
Eli Lilly and Company, Amgen Inc., Baxter International Inc., Bayer AG, Pfizer
Inc., F. Hoffman-La Roche AG, and Novartis AG.
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SEGMENTS COVERED
Prefilled Syringes Market by Material
· Glass
Prefilled Syringes
· Plastic
Prefilled Syringes
· Prefilled
Syringes Market by Application
· Diabetes
· Rheumatoid
Arthritis
· Anaphylaxis
· Others
Prefilled Syringes Market by Distribution
Channel
· Hospitals
· Ambulatory
Surgical Centers
· Pharmacy
Stores
· Others
Prefilled Syringes Market by Region
· North
America
· Asia
Pacific
· Europe
· Latin
America
· Middle
East & Africa
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key industry trends, opportunities and threats
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resilient market entry and expansion strategies
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data of industry, and it is primarily driven by an in-depth study covering the
following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.
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