Prefilled Syringes Market Size is anticipated to reach at a CAGR of 9.1% during the forecast period


Posted February 22, 2023 by Jameslin

One of the main drivers propelling the growth of the prefilled syringes market is the rising prevalence of chronic and lifestyle diseases, the expanding pharmaceutical sector

 
One of the main drivers propelling the growth of the prefilled syringes market is the rising prevalence of chronic and lifestyle diseases, the expanding pharmaceutical sector, and the advantages of prefilled syringes over traditional syringes. Prefilled syringe sales are predicted to reach $5.7 billion in 2022. It is anticipated to expand at a CAGR of 9.1% from 2022 to 2030. The market for prefilled syringes is expected to increase as a result of important pharmaceutical vendors continuously launching new products and investing significantly in research and development.

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MARKET SEGMENTATION
This study divides the market for prefilled syringes globally into three basic categories: materials, applications, and distribution channels. The prefilled syringes market is divided into glass and plastic prefilled syringes based on the materials used. The prefilled syringes market is further divided into segments for diabetes, rheumatoid arthritis, anaphylaxis, and others based on application. In 2017, the prefilled syringes market was dominated by the prefilled syringes for diabetes segment. The global prefilled syringes market is divided into hospitals, ambulatory surgery centres, pharmacy stores, and others based on distribution channels. By distribution channel, the hospital segment had the biggest percentage of the prefilled syringes market worldwide in 2021.
The prefilled syringes market is geographically divided into North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. Europe seized the largest market for prefilled syringes in 2021. However, during the projection period, Asia-Pacific is anticipated to develop at the greatest CAGR. This can be linked to the quick development of the healthcare system, the rise in the number of elderly people, and the prevalence of diabetes.
COMPETITIVE LANDSCAPE
The study provides in-depth analysis of the top vendors, covering latest product development and industrial activities, company overviews, business strategy and financial performance insights, SWOT analyses of the companies, and more.
Some of the key players mentioned in the report are Becton, Dickinson and Company, Eli Lilly and Company, Amgen Inc., Baxter International Inc., Bayer AG, Pfizer Inc., F. Hoffman-La Roche AG, and Novartis AG.

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SEGMENTS COVERED
Prefilled Syringes Market by Material
• Glass Prefilled Syringes
• Plastic Prefilled Syringes
• Prefilled Syringes Market by Application
• Diabetes
• Rheumatoid Arthritis
• Anaphylaxis
• Others
Prefilled Syringes Market by Distribution Channel
• Hospitals
• Ambulatory Surgical Centers
• Pharmacy Stores
• Others
Prefilled Syringes Market by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.


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Issued By James Lin
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Categories Business , Industry , News
Tags prefilled syringes market , prefilled syringes market size , prefilled syringes market share , prefilled syringes market news
Last Updated February 22, 2023