Prefilled Syringe Market by Application
The diabetes segment is anticipated to gain maximum market share during the forecast period owing to growing preference for self-medication and growing prevalence of the disease and need for effective and safer insulin delivery devices.
By application, the prefilled syringe market is bifurcated into, anaphylaxis, rheumatoid arthritis, diabetes and others. Others include vaccines and other biotech Drugs.
Prefilled Syringe Market: Introduction
There are two types of prefilled syringe available which includes which include glass-based system and plastic based system and mainly used for treatment of chronic conditions requiring patients to self-administer medication.
It helps to increase dosing accuracy, convenience, safety, enhance patient quality of life and reduce patient time in the clinic.
Prefilled syringes are pharmaceutical product that is mostly used to deliver parenteral medications and it is a ready to use disposable syringes contains premeasured dosage.
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Prefilled Syringe Market Overview
The global prefilled syringe market growth is predicted to boost due to increasing technological advancement in medical field and increasing incidences of chronic diseases in the future.
Additionally, rising patient population coupled with increasing awareness about the benefits of prefilled syringes among patients and healthcare professionals raises the demand for prefilled syringe market. However, availability of alternatives at low cost and product recall are the prominent factors that may hinder the growth of the market during the projected period.
Prefilled Syringe Market Key Players
Some of the key participants of the global prefilled syringe market are,
Catalent, Inc, BD, Gerresheimer AG, Wilhelm Haselmeier GmbH & Co. KG, MedPro Group, Medtronic, NIPRO, Stevanato Group, Owen Mumford Ltd, SHL Group, SCHOTT AG, Vetter Pharma International GmbH, Weigao group, West Pharmaceutical Services, Inc, etc. Most of the companies adopted expansions, acquisitions, agreements and new product launches as their major growth strategies, to enter new untapped markets including developed and developing countries in Asia Pacific, consequently increasing their respective market shares.
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