Prefilled Syringes Industry By Type (Conventional Prefilled Syringes, Safety Prefilled Syringes), By Material (Glass Prefilled Syringes, Plastic Prefilled Syringes), and By Design (Single-Chamber Prefilled Syringes, Dual-Chamber Prefilled Syringes, Customized Prefilled Syringes) – Global Market Opportunity and Current Growth Analysis 2019-2025
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Product Code:
RP-ID-10079117 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
110 -
Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-27
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global Prefilled Syringes Industry was valued at USD 5.47 Billion in the year 2018. Global Prefilled Syringes Industry is further estimated to grow at a CAGR of 10.2% from 2019 to reach USD 10.75 Billion by the year 2025. The North America region holds the highest Industry share in 2018 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At a country level, US, China, and the U.S. are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.
The Global Prefilled Syringes Industry is segmented as By Material, Type, Design, and Region.
By Material, the Industry is segmented into glass prefilled syringes and plastic prefilled syringes in which the glass prefilled syringes segment is expected to account for the largest of the Industry. The growth of this segment can be attributed to the high use of glass in manufacturing syringes owing to its nonreactive nature and heat and chemical resistance. On the basis of Type, it is divided into Conventional Prefilled Syringes and Safety Prefilled Syringes in which the conventional prefilled syringes account for the largest Industry share due to the increasing adoption of self-administered injectable drugs, rising prevalence of chronic diseases, and the benefits offered by prefilled syringes over traditional vial syringe systems By Design, the Industry is segmented into Single-Chamber Prefilled Syringes, Dual-Chamber Prefilled Syringes and Customized Prefilled Syringes in which the single chamber prefilled syringes account for the largest Industry share due to increasing adoption of self-administered parental drugs and rising prevalence of chronic diseases.
Major market players in Prefilled Syringes Industry are Becton, Dickinson and Company, Gerresheimer, SCHOTT AG, West Pharmaceutical Services Inc., Ompi, Catalent Inc., Weigao Group, Vetter Pharma International GmbH, Nipro Corporation, MedPro Inc., and Other 9 more companies information is provide in the report.
SWOT analysis of Prefilled Syringes Industry
Strength:
Growing aging population
Weakness:
Product recalls
Opportunities:
Technological advancements
Implementation of needlestick legislation
Threats:
The high cost associated with R&D
Prefilled Syringes Industry Segmentation:
Prefilled Syringes Industry Overview, By Material
• Glass Prefilled Syringes
• Plastic Prefilled Syringes
Prefilled Syringes Industry Overview, By Type
• Conventional Prefilled Syringes
• Safety Prefilled Syringes
Prefilled Syringes Industry Overview, By Design
• Single-Chamber Prefilled Syringes
• Dual-Chamber Prefilled Syringes
• Customized Prefilled Syringes
Prefilled Syringes Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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