The report on Pre Filled Syringes Market by product type (glass, plastic pre filled syringes), therapeutic category (insulin, vaccine, arthritis, heparin, pcsk9 inhibitor pre filled syringes), design (single, dual-chamber, customized prefilled syringes) trends analysis and forecasts up to 2023 studies the market sizes, key trends and opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global Pre Filled Syringes Market is projected to grow at a CAGR of 9.10% in terms of value over the period of 2017-2023. The growth in the world market is primarily driven by significant contribution by North America (Leading region) region to this market.

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A pre filled syringe is a disposable syringe that is supplied already loaded with the substance to be injected. Pre filled syringes have emerged as one of the fastest growing choices for unit dose medication as the pharmaceutical industry seeks new and more convenient drug delivery methods. Pharmaceutical companies are able to minimize drug waste and increase product life span, while patients are able to self-administer inject-able drugs at their home instead of the hospital with the help of pre filled syringes. Pre filled syringe helps in lower overfill, provides greater efficiency, reduces risk of dosage error and contamination, provide ease of use and convenient for both medical professionals and patients.

Market insights

Increasing chronic diseases which require frequent drug dosage, technological advancements, convenience and benefits associated with pre filled syringes, increase patient compliance, and increase home-based healthcare trend among the people are the key factors driving the growth of pre filled syringes market. The major restraints for pre filled syringes market are storage problem for this syringes as they require refrigerator storage, cost associated with the manufacturing process and strict government regulations. As pre filled syringes are becoming most common for home-based inject-able drug administration for the treatment of chronic disease, is considered to be a key opportunity for players in the market. The primary challenges face by this market involves manufacturing of pre filled syringes and stringent government regulations.

Segment Covered

The report on global pre filled syringes market covers segments such as, product type, therapeutic category and design. On the basis of product type the global pre filled syringes market is categorized into glass pre filled syringes and plastic pre filled syringes. On the basis of therapeutic category the global pre filled syringes market is categorized into insulin pre filled syringes, vaccine pre filled syringes, arthritis pre filled syringes, heparin pre filled syringes, pcsk9 inhibitor pre filled syringes and others pre filled syringes. On the basis of design the global pre filled syringes market is categorized into single-chamber prefilled syringes, dual-chamber prefilled syringes and customized prefilled syringes.

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Geographic Coverage

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015-2023.

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China.  The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017-2023.

Companies Profiled:

The report provides profiles of the companies in the global pre filled syringes market such as, Becton, Dickinson and Company, Baxter International Inc, Niulife Corporation, Consort Medical plc, Ypsomed Holding AG, Nipro Corporation, West Pharmaceutical Services, Inc, SCHOTT AG, SHL Group and Haselmeier AG.

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Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global pre filled syringes market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of pre filled syringes market. Moreover, the study highlights current market trends and provides forecast from 2017-2023. We also have highlighted future trends in the pre filled syringes market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the pre filled syringes market to understand the present and future trends in this market and formulate their strategies accordingly.