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Prefilled Syringes Market Trends

  • Report ID: GMI1968
  • Published Date: Feb 2021
  • Report Format: PDF

Prefilled Syringes Market Trends

Technological advancements integrated in prefilled syringes in North America and other developed regions will positively impact the market revenue during the forecast period. Advancements introduced in the prefilled syringes have enhanced ease of use, reduced wastage of drugs and have significantly improved dosing accuracy. Manufacturers are also introducing enhancements in the component materials. For instance, currently plastic prefilled syringes have been manufactured that offer high heat resistance. These syringes are less permeable to water and are extremely light weight as compared to the conventional glass syringes. Thus, such developments in the prefilled syringes have promoted operational ease that increases its acceptance during the forecast timeline. Recently developed prefilled syringes eliminate the risk of administering wrong dosage regardless of syringe orientation. Thus, advancements in technology have encouraged developments in the prefilled syringes that will prove beneficial for the industry growth.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The global prefilled syringes industry size was over USD 5.8 billion in 2020 will reach a valuation of over USD 12.7 billion by 2027.

The glass-based prefilled syringes market size had surpassed USD 4.1 billion during 2020 due to their wide use for the delivery of highly viscous medications across distinct therapeutic areas.

The industry share from single-chamber design segment had reached USD 4.6 billion in 2020 with benefits like precise dosage and improved safety.

The diabetes segment held over 34% of the global market share in 2020 and will grow owing to the constant use of medications during treatment of the disorder.

North America prefilled syringes industry share will register around 12% CAGR between 2021-2027 with consistent rise in geriatric population prone to chronic disorders across the U.S.

Prefilled Syringes Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 12
  • Tables & Figures: 113
  • Countries covered: 18
  • Pages: 116
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