Market Snapshot:
Dual-chamber syringes are used to store active pharmaceutical components or biological substances (such as tissue, blood, or serum) that are not stable for an extended period of time. These devices help to maintain the sterility of drugs before the time of injection in order to avoid drug loss. For example, liquid protein drugs require refrigeration before dispensing thus Dual chamber syringe helps to manage the proper storage condition of these drugs. Thus, proper storage of these drugs reduces the adverse effects of drug delivery. The growing pharmaceutical industry in the emerging economies has led to significant growth of the global dual-chamber syringe market in the forecast period.
Highlights from Dual Chamber Syringe Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Largest Market | North America |
Unit | Value (USD Million) |
The key Players profiled in the report are Nipro Corporation (Japan), Gerresheimer AG (Germany), Vetter Pharma (Germany), Pfizer Inc. (United States), Credence Medsystems (United States), MAEDA INDUSTRY (Japan), Arte Corporation (Japan), Amylin Pharmaceuticals, LLC (United States), Becton, Dickinson and Company (United States), Hospira (United States) and SHL Medical (Switzerland). Additionally, other players that are part of this comprehensive study are Vetter Pharma (Germany), Ypsomed (Switzerland), Schott AG (Germany) and MedPro Group (United States).
Geographic Breakdown and Segment Analysis
The Global Dual Chamber Syringe market presents a comprehensive analysis of the Dual Chamber Syringe market by end-user/application (Liquid/Powder and Liquid/Liquid), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Dual Chamber Syringe industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the North America holds majority of market share of the Dual Chamber Syringe market
Analyst at AMA have segmented the market study of Global Dual Chamber Syringe market by Type, Application and Region.
Influencing Trend:
Rising Health Awareness and Adoption of New Regulatory Standards
Market Growth Drivers:
Growing Biopharmaceutical Industry and Increasing Demand for Drug Delivery Devices for Lyophilic Drugs
Challenges:
Safeguarding Against Counterfeit Products
Restraints:
Increasing Overall Packaging Costs Owing to Dynamic Regulatory Policies and Lack of Access and Awareness in Emerging Markets
Opportunities:
Technological Advancement and Development in the Dual Chamber Syringe and Making the Separable dual Chamber Prefilled Syringe Cost-Effective
Market Developments Activities:
In May 2023, Terumo Corporation and Medtronic plc announced a definitive agreement to merge their respective medical device businesses, including their dual-chamber syringe offerings. This creates a major player in the market, expected to bring together expertise and resources for further development.
In October 2023, Bayer launched a new dual-chamber syringe for its hemophilia medication Elocta. This innovative syringe features a pre-filled chamber and a mixing chamber, simplifying the administration process for patients.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Dual-Chamber Syringe Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others