The prefilled syringes market is projected to grow at an annualized rate of ~5%: Roots Analysis

Posted April 6, 2021 by ellaturner

Roots Analysis has done a detailed study on Prefilled Syringes, covering key aspects of the industry’s evolution and identifying potential future growth opportunities.

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Key Market Insights
 Presently, around 80 types of prefilled syringes are available in the market, and several companies claim to be engaged in the manufacturing of both glass and plastic variants of such versatile drug delivery solutions
 Over 140 drugs and vaccines have either been marketed or have undergone clinical investigation (since 2013) for delivery via prefilled syringes for the treatment of a variety of disease indications
 In order to gain a competitive edge in the market, prefilled syringe manufacturers are actively engaged in developing patient friendly products, with improved safety features and solutions
 The market is also characterized by the presence of many contract service providers, spread across the world, offering fill / finish services in prefilled syringes
 Several big pharma companies are actively engaged in strengthening their pipeline of injectable drugs across various therapeutic areas
 An evaluation of 280+ marketed and pipeline products revealed that a variety of drugs / product candidates are likely to be considered for administration via prefilled syringes in the near future, paving way for new partnerships
 The current market opportunity is well distributed across different therapeutic areas, molecule types and geographical regions; the market is likely to grow at a steady pace over the coming years
 Glass, single chamber prefilled syringes dominate the current market; however, the demand for plastic devices is anticipated to witness a relatively higher growth in the foreseen future

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Contact Details
Gaurav Chaudhary
+1 (415) 800 3415
[email protected]
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Contact Email [email protected]
Issued By Roots Analysis
Phone 4158003415
Business Address California
Country United States
Categories Biotech
Last Updated April 6, 2021