Overview of the Global Prefilled Syringes Market:

The Global Prefilled Syringes Market is expected to register a growth rate of CAGR of 10.5% during the forecast period, 2018-2023.

Prefilled syringes provide an easier way to perform drug delivery through injection as compared to traditional ways. In addition to this, it saves time and efforts of healthcare practitioners. It also reduces the wastage of Active Pharmaceutical Ingredients (API). The demand for prefilled syringes is rising due to increase in patient safety and efforts of healthcare professionals to reduce the hospital errors. Europe market is expected to have largest market share owing to increase in adoption of self-care devices and presence of major key players in the region.

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The prefilled syringes make injections easier and safer to patients as well as doctors and it can deliver the right amount of the dosage. In addition, pharmaceutical companies can get benefit by saving the cost of vials. The prefilled syringes work well with safety devices and auto-injection systems. The Centers for Disease Control and Prevention strongly encourages the use of single dose rather than multi-dose vials, in order to reduce the contamination. These aforementioned benefits associated with prefilled syringes are expected to propel the growth of this market.

The stringent regulation policies of US FDA and serious product defects are the major reasons of product recalls in medical devices industry. The medical devices are mainly classified into three different types, as per their cause of serious health problems (low, moderate, and severe). The actual reasons for the recall of the product vary by therapeutic area. The post-market issues are more than pre-market issues. Post-market issues include manufacturing issues, software manufacturing issues, supplier issues, sterilization, and labeling errors. These factors affect the image of these products and hence the perception of user and healthcare providers toward the products. These factors will be detrimental to the growth of prefilled syringe market and will act as a restraint for the growth of the market over the forecasted period.

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The European market of prefilled syringes is more mature than the US market. Europe is expected to capture the largest market share over the forecasted period owing to increase in adoption of self-care devices market. As the demand for prefilled syringes has increased, manufacturers have had to, respond to increasing demand, new requirements, and more sophisticated forms of drug delivery. There are huge R&D going on this product to fulfill the need of the customers. The new products are being added to the prefilled syringes. Vaccines, blood stimulants, therapeutic proteins, erythroproteins, interferons, and rheumatoid arthritis.

Major Key Players:

1 Becton, Dickinson and Company

2 Gerresheimer AG

3 Haselmeier AG

4 Medtronic

5 NIPRO

6 Scandinavian Health Limited (SHL Group)

7 SCHOTT

8 Stevanato Group and More………….

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Prefilled Syringes Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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