The report is titled as ‘Prefilled Syringes Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the prefilled syringes market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Prefilled Syringes market is expected to grow with significant rate in the near future.
The global prefilled syringes market in 2020 is estimated for more than US$ 5.5 Bn and expected to reach a value of US$ 10.9 Bn by 2028 with a significant CAGR of 8.9%.
Prefilled Syringes Market Definition
Today, more than 50 biologic medications and vaccines are marketed and supplied in prefilled syringes. Globally, more than 3.5 billion prefilled syringes are produced annually. Prefilled syringes are ideal choice for single dose drugs such as insulin.
Prefillable syringes offer easy-to-use fixed dose options that not only help pharmaceutical companies control costs by minimizing drug overfill, but also help to minimize microbial contamination and reduce dosing errors.
Prefilled Syringes Market Dynamics
Increasing practices of self-administration of medication is the major factor driving the growth of global prefilled syringes market. Moreover, growing prevalence of chronic diseases such as diabetes, cancer, etc. is further driving the demand for the prefilled syringes over the forecast period.
Government is also stimulating the use of prefilled syringes to avoid infections due to cross contamination and hospital acquired infection. This is further expanding penetration of prefilled syringes in home-care settings and patients that require taking daily fixed dose of certain medications. Technological advancements in prefilled syringes, such as advanced barrel technology and multi-chamber syringes etc., would fuel the growth of global prefilled syringes market.
However, risk of needle stick injuries discourages patients from using prefilled syringes, which is the major factor restraining growth of the global market.
Prefilled Syringes Market Key Players
Some of the key participating players in global prefilled syringes market are
Becton, Dickinson and Company
Stevanato Group
Unilife Corporation
Gerresheimer AG
SCHOTT AG
West Pharmaceutical Services, Inc.
Ompi
Catalent, Inc.
Weigao Group
Vetter Pharma International GmbH
Nipro Corporation
MedPro Inc.
Prefilled Syringes Market Segmentation
The global prefilled syringes market is segmented on the basis of drug molecule, indication, material, type, design, and region.
By Drug Molecule
Vaccines
Insulin
Hormones
Opioids
Others
By Indication
Diabetes
Cardiovascular Diseases
Immunization
Pain Management
Others
By Material Type
Glass Prefilled Syringes
Polymer Prefilled Syringes
By Type
Conventional Prefilled Syringes
Safety Prefilled Syringes
By Design
Single-chamber
Dual-chamber
Customized
By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Drug Stores
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
MMC Overview on Prefilled Syringes Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Prefilled Syringes market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Prefilled Syringes
• Advantages of Prefilled Syringes
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Prefilled Syringes Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Prefilled Syringes Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Prefilled Syringes Market Snapshot
2.4. Global Prefilled Syringes Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Prefilled Syringes Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Prefilled Syringes Market, By Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Type
3.1.2. BPS Analysis, By Type
3.2. Market Revenue (US$Mn) Forecast, By Type
3.2.1. Conventional Prefilled Syringes
3.2.2. Safety Prefilled Syringes
3.3. Global Prefilled Syringes Market Attractiveness Index, By Type
4. Global Prefilled Syringes Market, By Material Type
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Material Type
4.1.2. BPS Analysis, By Material Type
4.2. Market Revenue (US$Mn) Forecast, By Material Type
4.2.1. Glass Prefilled Syringes
4.2.2. Polymer Prefilled Syringes
4.3. Global Prefilled Syringes Market Attractiveness Index, By Material Type
5. Global Prefilled Syringes Market, By Indication
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Indication
5.1.2. BPS Analysis, By Indication
5.2. Market Revenue (US$Mn) Forecast, By Indication
5.2.1. Diabetes
5.2.2. Cardiovascular Diseases
5.2.3. Immunization
5.2.4. Pain Management
5.2.5. Others
5.3. Global Prefilled Syringes Market Attractiveness Index, By Indication
6. Global Prefilled Syringes Market, By Drug Molecule
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Drug Molecule
6.1.2. BPS Analysis, By Drug Molecule
6.2. Market Revenue (US$Mn) Forecast, By Drug Molecule
6.2.1. Vaccines
6.2.2. Insulin
6.2.3. Hormones
6.2.4. Opioids
6.2.5. Others
6.3. Global Prefilled Syringes Market Attractiveness Index, By Drug Molecule
7. Global Prefilled Syringes Market, By Design
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Design
7.1.2. BPS Analysis, By Design
7.2. Market Revenue (US$Mn) Forecast, By Design
7.2.1. Single-chamber
7.2.2. Dual-chamber
7.2.3. Customized
7.3. Global Prefilled Syringes Market Attractiveness Index, By Design
8. Global Prefilled Syringes Market, By Distribution Channel
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Distribution Channel
8.1.2. BPS Analysis, By Distribution Channel
8.2. Market Revenue (US$Mn) Forecast, By Distribution Channel
8.2.1. Hospital Pharmacy
8.2.2. Retail Pharmacy
8.2.3. Drug Stores
8.2.4. Others
8.3. Global Prefilled Syringes Market Attractiveness Index, By Distribution Channel
9. Global Prefilled Syringes Market, By Region
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Region
9.1.2. BPS Analysis, By Region
9.2. Market Revenue (US$Mn) Forecast, By Region
9.2.1. North America
9.2.2. Latin America
9.2.3. Europe
9.2.4. Asia Pacific
9.2.5. Middle East
9.2.6. Africa
9.3. Global Prefilled Syringes Market Attractiveness Index, By Region
10. North America Prefilled Syringes Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) Forecast, By Country
10.2.1. U.S. Prefilled Syringes Market
10.2.2. Canada Prefilled Syringes Market
10.3. North America Prefilled Syringes Market, By Type
10.3.1. Conventional Prefilled Syringes
10.3.2. Safety Prefilled Syringes
10.4. North America Prefilled Syringes Market, By Material Type
10.4.1. Glass Prefilled Syringes
10.4.2. Polymer Prefilled Syringes
10.5. North America Prefilled Syringes Market, By Indication
10.5.1. Diabetes
10.5.2. Cardiovascular Diseases
10.5.3. Immunization
10.5.4. Pain Management
10.5.5. Others
10.6. North America Prefilled Syringes Market, By Drug Molecule
10.6.1. Vaccines
10.6.2. Insulin
10.6.3. Hormones
10.6.4. Opioids
10.6.5. Others
10.7. North America Prefilled Syringes Market, By Design
10.7.1. Single-chamber
10.7.2. Dual-chamber
10.7.3. Customized
10.8. North America Prefilled Syringes Market, By Distribution Channel
10.8.1. Hospital Pharmacy
10.8.2. Retail Pharmacy
10.8.3. Drug Stores
10.8.4. Others
10.9. North America Prefilled Syringes Market Attractiveness Index
10.9.1. By Country
10.9.2. By Type
10.9.3. By Material Type
10.9.4. By Indication
10.9.5. By Drug Molecule
10.9.6. By Design
10.9.7. By Distribution Channel
11. Latin America Prefilled Syringes Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) and Volume (Units) Forecast, By Country
11.2.1. Brazil Prefilled Syringes Market
11.2.2. Mexico Prefilled Syringes Market
11.2.3. Argentina Prefilled Syringes Market
11.2.4. Rest of Latin America Prefilled Syringes Market
11.3. Latin America Prefilled Syringes Market, By Type
11.3.1. Conventional Prefilled Syringes
11.3.2. Safety Prefilled Syringes
11.4. Latin America Prefilled Syringes Market, By Material Type
11.4.1. Glass Prefilled Syringes
11.4.2. Polymer Prefilled Syringes
11.5. Latin America Prefilled Syringes Market, By Indication
11.5.1. Diabetes
11.5.2. Cardiovascular Diseases
11.5.3. Immunization
11.5.4. Pain Management
11.5.5. Others
11.6. Latin America Prefilled Syringes Market, By Drug Molecule
11.6.1. Vaccines
11.6.2. Insulin
11.6.3. Hormones
11.6.4. Opioids
11.6.5. Others
11.7. Latin America Prefilled Syringes Market, By Design
11.7.1. Single-chamber
11.7.2. Dual-chamber
11.7.3. Customized
11.8. Latin America Prefilled Syringes Market, By Distribution Channel
11.8.1. Hospital Pharmacy
11.8.2. Retail Pharmacy
11.8.3. Drug Stores
11.8.4. Others
11.9. Latin America Prefilled Syringes Market Attractiveness Index
11.9.1. By Country
11.9.2. By Type
11.9.3. By Material Type
11.9.4. By Indication
11.9.5. By Drug Molecule
11.9.6. By Design
11.9.7. By Distribution Channel
12. Europe Prefilled Syringes Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) and Volume (Units) Forecast, By Country
12.2.1. U.K. Prefilled Syringes Market
12.2.2. Germany Prefilled Syringes Market
12.2.3. Italy Prefilled Syringes Market
12.2.4. France Prefilled Syringes Market
12.2.5. Spain Prefilled Syringes Market
12.2.6. Russia Prefilled Syringes Market
12.2.7. Poland Prefilled Syringes Market
12.2.8. BENELUX Prefilled Syringes Market
12.2.9. NORDIC Prefilled Syringes Market
12.2.10. Rest of Europe Prefilled Syringes Market
12.3. Europe Prefilled Syringes Market, By Type
12.3.1. Conventional Prefilled Syringes
12.3.2. Safety Prefilled Syringes
12.4. Europe Prefilled Syringes Market, By Material Type
12.4.1. Glass Prefilled Syringes
12.4.2. Polymer Prefilled Syringes
12.5. Europe Prefilled Syringes Market, By Indication
12.5.1. Diabetes
12.5.2. Cardiovascular Diseases
12.5.3. Immunization
12.5.4. Pain Management
12.5.5. Others
12.6. Europe Prefilled Syringes Market, By Drug Molecule
12.6.1. Vaccines
12.6.2. Insulin
12.6.3. Hormones
12.6.4. Opioids
12.6.5. Others
12.7. Europe Prefilled Syringes Market, By Design
12.7.1. Single-chamber
12.7.2. Dual-chamber
12.7.3. Customized
12.8. Europe Prefilled Syringes Market, By Distribution Channel
12.8.1. Hospital Pharmacy
12.8.2. Retail Pharmacy
12.8.3. Drug Stores
12.8.4. Others
12.9. Europe Prefilled Syringes Market Attractiveness Index
12.9.1. By Country
12.9.2. By Type
12.9.3. By Material Type
12.9.4. By Indication
12.9.5. By Drug Molecule
12.9.6. By Design
12.9.7. By Distribution Channel
13. Asia Pacific Prefilled Syringes Market Analysis and Forecast, 2020–2028
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) and Volume (Units) Forecast, By Country
13.2.1. China Prefilled Syringes Market
13.2.2. India Prefilled Syringes Market
13.2.3. Japan Prefilled Syringes Market
13.2.4. Australia and New Zealand Prefilled Syringes Market
13.2.5. South Korea Prefilled Syringes Market
13.2.6. ASEAN Prefilled Syringes Market
13.2.7. Rest of Asia Pacific Prefilled Syringes Market
13.3. Asia Pacific Prefilled Syringes Market, By Type
13.3.1. Conventional Prefilled Syringes
13.3.2. Safety Prefilled Syringes
13.4. Asia Pacific Prefilled Syringes Market, By Material Type
13.4.1. Glass Prefilled Syringes
13.4.2. Polymer Prefilled Syringes
13.5. Asia Pacific Prefilled Syringes Market, By Indication
13.5.1. Diabetes
13.5.2. Cardiovascular Diseases
13.5.3. Immunization
13.5.4. Pain Management
13.5.5. Others
13.6. Asia Pacific Prefilled Syringes Market, By Drug Molecule
13.6.1. Vaccines
13.6.2. Insulin
13.6.3. Hormones
13.6.4. Opioids
13.6.5. Others
13.7. Asia Pacific Prefilled Syringes Market, By Design
13.7.1. Single-chamber
13.7.2. Dual-chamber
13.7.3. Customized
13.8. Asia Pacifc Prefilled Syringes Market, By Distribution Channel
13.8.1. Hospital Pharmacy
13.8.2. Retail Pharmacy
13.8.3. Drug Stores
13.8.4. Others
13.9. Asia Pacifc Prefilled Syringes Market Attractiveness Index
13.9.1. By Country
13.9.2. By Type
13.9.3. By Material Type
13.9.4. By Indication
13.9.5. By Drug Molecule
13.9.6. By Design
13.9.7. By Distribution Channel
14. Middle East Prefilled Syringes Market Analysis and Forecast, 2020–2028
14.1. Introduction
14.1.1. Annual Growth Rate Comparison, By Country
14.1.2. BPS Analysis, By Country
14.2. Market (US$Mn) and Volume (Units) Forecast, By Country
14.2.1. GCC Countries Prefilled Syringes Market
14.2.2. Israel Prefilled Syringes Market
14.2.3. Oman Prefilled Syringes Market
14.2.4. Rest of Middle East Prefilled Syringes Market
14.3. Middle East Prefilled Syringes Market, By Type
14.3.1. Conventional Prefilled Syringes
14.3.2. Safety Prefilled Syringes
14.4. Middle East Prefilled Syringes Market, By Material Type
14.4.1. Glass Prefilled Syringes
14.4.2. Polymer Prefilled Syringes
14.5. Middle East Prefilled Syringes Market, By Indication
14.5.1. Diabetes
14.5.2. Cardiovascular Diseases
14.5.3. Immunization
14.5.4. Pain Management
14.5.5. Others
14.6. Middle East Prefilled Syringes Market, By Drug Molecule
14.6.1. Vaccines
14.6.2. Insulin
14.6.3. Hormones
14.6.4. Opioids
14.6.5. Others
14.7. Middle East Prefilled Syringes Market, By Design
14.7.1. Single-chamber
14.7.2. Dual-chamber
14.7.3. Customized
14.8. Middle East Prefilled Syringes Market, By Distribution Channel
14.8.1. Hospital Pharmacy
14.8.2. Retail Pharmacy
14.8.3. Drug Stores
14.8.4. Others
14.9. Middle East Prefilled Syringes Market Attractiveness Index
14.9.1. By Country
14.9.2. By Type
14.9.3. By Material Type
14.9.4. By Indication
14.9.5. By Drug Molecule
14.9.6. By Design
14.9.7. By Distribution Channel
15. Africa Prefilled Syringes Market Analysis and Forecast, 2020–2028
15.1. Introduction
15.1.1. Annual Growth Rate Comparison, By Country
15.1.2. BPS Analysis, By Country
15.2. Market (US$Mn) and Volume (Units) Forecast, By Country
15.2.1. South Africa Prefilled Syringes Market
15.2.2. Egypt Prefilled Syringes Market
15.2.3. North Africa Prefilled Syringes Market
15.2.4. Rest of Africa Prefilled Syringes Market
15.3. Africa Prefilled Syringes Market, By Type
15.3.1. Conventional Prefilled Syringes
15.3.2. Safety Prefilled Syringes
15.4. Africa Prefilled Syringes Market, By Material Type
15.4.1. Glass Prefilled Syringes
15.4.2. Polymer Prefilled Syringes
15.5. Africa Prefilled Syringes Market, By Indication
15.5.1. Diabetes
15.5.2. Cardiovascular Diseases
15.5.3. Immunization
15.5.4. Pain Management
15.5.5. Others
15.6. Africa Prefilled Syringes Market, By Drug Molecule
15.6.1. Vaccines
15.6.2. Insulin
15.6.3. Hormones
15.6.4. Opioids
15.6.5. Others
15.7. Africa Prefilled Syringes Market, By Design
15.7.1. Single-chamber
15.7.2. Dual-chamber
15.7.3. Customized
15.8. Africa Prefilled Syringes Market, By Distribution Channel
15.8.1. Hospital Pharmacy
15.8.2. Retail Pharmacy
15.8.3. Drug Stores
15.8.4. Others
15.9. Africa Prefilled Syringes Market Attractiveness Index
15.9.1. By Country
15.9.2. By Type
15.9.3. By Material Type
15.9.4. By Indication
15.9.5. By Drug Molecule
15.9.6. By Design
15.9.7. By Distribution Channel
16. Recommendation
16.1. Market Strategy
17. Competitive Landscape
17.1. Competition Dashboard
17.2. List and Company Overview of Global Key Players
17.3. Company Profiles
17.3.1. Becton, Dickinson and Company
17.3.1.1. Company Overview
17.3.1.2. Financial Overview
17.3.1.3. Product Portfolio
17.3.1.4. Key Developments
17.3.1.5. Business Strategies
17.3.2. Stevanato Group
17.3.3. Unilife Corporation
17.3.4. Gerresheimer AG
17.3.5. SCHOTT AG
17.3.6. West Pharmaceutical Services, Inc.
17.3.7. Ompi
17.3.8. Catalent, Inc.
17.3.9. Weigao Group
17.3.10. Vetter Pharma International GmbH
17.3.11. Nipro Corporation
17.3.12. MedPro Inc.
18. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global prefilled syringes market in 2020 is estimated for more than US$ 5.5 Bn and expected to reach a value of US$ 10.9 Bn by 2028 with a significant CAGR of 8.9%.
What are the key factors driving the growth of market?
Increasing practices of self-administration of medication and growing prevalence of chronic diseases such as diabetes, cancer, etc. is further driving the demand for the prefilled syringes over the forecast period.
What segments are covered in market report?
The global prefilled syringes market is segmented on the basis of drug molecule, indication, material, type, design, and region.
What are the key participating players in the market?
Some of the key participating players in global prefilled syringes market are Becton, Dickinson and Company, Stevanato Group, Unilife Corporation, Gerresheimer AG, SCHOTT AG, West Pharmaceutical Services, Inc., Ompi, Catalent, Inc., Weigao Group, Vetter Pharma International GmbH, Nipro Corporation, and MedPro Inc.
