About Prefilled Syringe
The prefilled syringe is the medical device which uses a single-dose packet of the vaccine on which a needle has been fixed by the manufacturer. These prefilled syringes provide great patient safety by reducing the potential for the needle to be exposed to toxic products which occurs while transferring medication from vials. It helps in reducing dosing errors and patient compliances, moreover they reduce the manufactures needs to fill the, unlike vails. These parental packaging innovations and applications have made these prefilled syringes easier to use for both the healthcare professional and the patient. The rising prevalence of Chronic Diseases among population globally is driving the market for Prefilled Syringe.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The prefilled syringes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to prefilled syringes market. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Prefilled Syringe market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Schott Pharma (Germany), Nipro Corporation (Japan), Schott forma vitrum (Germany), Baxter BioPharma Solution (United States), Terumo (Japan), Unilife Corporation (United States), Taisei Kako (Japan), ARTE CORPORATION(Japan), Weigao Group Medical Polymer (China) and Zibo Minkang Pharmaceutical (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Shandong Pharmaceutical Glass (China), BD (United States), West Pharmaceutical Services, Inc. (United States), Ompi (Italy), Catalent, Inc. (United States), Vetter Pharma International GmbH (Germany) and MedPro Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Prefilled Syringe market by Type (Staked in Needle Syringes, Luer-Cone Syringes, Luer-Lock Syringes and Readyject Syringes), Application (Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, Ophthalmology and Others) and Region.
On the basis of geography, the market of Prefilled Syringe has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Design, the sub-segment i.e. Dual will boost the Prefilled Syringe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Prefilled Syringe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Glass will boost the Prefilled Syringe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising demand for biologics and biosimilars
Market Growth Drivers:
Increasing prevalence of chronic diseases and Growing adoption of self-injection devices
Challenges:
Availability of Cheaper Alternatives
Restraints:
Increase of Risk Injury
Opportunities:
Developing new and innovative prefilled syringe designs and Rising demand of Biocompatible materials
Market Leaders and their expansionary development strategies
In April 2023, Delta Med Group and DBM announced a strategic partnership to strengthen their positioning in the pre-filled syringes. This partnership will enable all Group entities to leverage the complementarity of their products and to provide an even more comprehensive service. The synergies that can be realized will further accelerate the growth and development trajectory.
In May 2023, Schott Pharma launched pre-filled polymer syringes for deep-cold drugs, Schott designed the syringes from an advanced, pharmaceutical-grade polymer, delivered in a standardized nest and tub configuration. This ensures compatibility on major fill-finish lines to simplify the filling process.
Key Target Audience
Prefilled Syringes Manufacturers, Suppliers and Distributors, Hospitals & Clinical Centers, Market Research & Consultancy Firm, Potential Investors, Pharmaceuticals Companies and Medical Research Laboratories
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.