Prefilled Syringe Market 2019-2024


Posted November 6, 2019 by shubhamverma

Trends, opportunities and forecast in prefilled syringe market to 2024 by material (glass based and plastic based), product type , design , application, end-user and region.

 
According to a market report published by Lucintel, the future of the prefilled syringe market looks promising with opportunities in the hospitals, clinics and ambulatory surgical center. The prefilled syringe market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are high prevalence of chronic diseases, rising adoption of self-injection devices, need of prolonged drug administration in accurate dosage, and its ease of use specially for elderly patients.
A prefilled syringe is a syringe filled with a fixed quantity of a therapeutic drug. These are novel devices used for delivering drugs. In this market, glass and plastics are used to manufacture prefilled syringe. Glass is the largest segment. This is characterized by minimal risk of infections with the use of glass-based drug delivery syringes.
Within the prefilled syringe market, anaphylaxis, rheumatoid arthritis, and diabetes are the major applications. Diabetes is expected to witness the largest application as it requires constant medication for treatment. Prefilled syringes are ready-to-administer and deliver optimum quantity drug in patient’s body.
Europe will remain the largest market over the forecast period due to growing prevalence of chronic diseases.
Gerresheimer, Schott, Becton, Dickinson and Company, West Pharmaceutical Services, Vetter Pharma International, Weigao Group, OMPI, Catalent, Nipro Corporation, and Med Pro are among the major manufacturers in the prefilled syringe market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the prefilled syringe market by material, product type, design, application, end user, and region. Lucintel has prepared a comprehensive research report titled "Prefilled Syringe market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the prefilled syringe market by material, product type, design, application, end user, and region as follows:
By Material [$M shipment analysis for 2013 – 2024]:
• Glass based
• Plastic based
By Product Type [$M shipment analysis for 2013 – 2024]:
• Conventional Prefilled Syringes
• Safety Prefilled Syringes
By Design [$M shipment analysis for 2013 – 2024]:.
• Single-chamber
• Dual-chamber
• Customized
By Application [$M shipment analysis for 2013 – 2024]:
• Anaphylaxis
• Rheumatoid Arthritis
• Diabetes
• Others (Vaccines and Other Biotech Drugs)
By End-User [$M shipment analysis for 2013 – 2024]:
• Hospitals/Clinics
• Ambulatory Surgical Center
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
• United States
• Canada
• Mexico
• Europe
• UK
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this …… [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:

Q.1.What are some of the most promising potential, high-growth opportunities for the prefilled syringe market by material (glass and plastic), product type (conventional prefilled syringes, and safety prefilled syringes), design (single-chamber, dual-chamber, customized), application (anaphylaxis, rheumatoid arthritis, diabetes and others), end-user (hospitals/clinics ambulatory surgical center and others), and region (North America, Europe, Asia-Pacific, and Rest of the World (ROW))?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which regions will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the prefilled syringe market?
Q.5. What are the business risks and threats to the prefilled syringe market?
Q.6. What are emerging trends in this prefilled syringe market and the reasons behind them?
Q.7. What are some changing demands of customers in the prefilled syringe market?
Q.8. What are the new developments in the prefilled syringe market? Which companies are leading these developments?
Q.9. Who are the major players in this prefilled syringe market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products and processes in this prefilled syringes area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M and A activities have taken place in the last 5 years in this prefilled syringe market?
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Last Updated November 6, 2019