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    Prefilled Syringes Market, Global Forecast 2023-2029, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis

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    Feb 2023
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    Prefilled Syringes Market Outlook

    Global Prefilled Syringes Market will cross US$ 15.63 Billion by 2029, according to Renub Research. As the pharmaceutical industry pursues innovative and more convenient drug delivery techniques, prefilled syringes have emerged as one of the fastest-growing options for unit-dose medication. Prefilled syringes are injectable drug delivery tubes designed for parenteral administration. This is the most important element driving the need for prefilled syringes. Furthermore, they allow for the easy and speedy delivery of medications in the event of an emergency.


    global-prefilled-syringes-market


    Worldwide prefilled syringes market is estimated to increase at a CAGR of 10.34% between 2023 and 2029

    The rising incidence of chronic diseases, such as diabetes and other autoimmune diseases, is likely to fuel the market demand in the forthcoming years. For instance, according to the American Autoimmune Related Diseases Association Inc. (AARDA), about 50 million Americans suffer from autoimmune disorders currently. In addition, the growing demand for biological drugs and innovations in pre-fillable syringe technologies to fulfill the unmet needs for treating chronic diseases across the globe is likely to support global market growth. Combined with this, the increasing number of product launches by key players and the high adoption of the products by healthcare professionals will likely boost the market during the forecast period. As a results, Global Prefilled Syringes Industry was US$ 7.85 Billion in 2022.


    Disposable prefilled syringes will dominate the market

    Because of its wide range of uses, the disposable prefilled syringes segment is expected to increase the most in the future years. Furthermore, these devices lessen contamination hazards, which is expected to increase their demand. Needlestick injuries, on the other hand, are caused by risky actions such as using a prefilled syringe and needle several times without following precautionary procedures as instructed by healthcare experts.


    During the projected period, the reusable prefilled syringes category is predicted to increase at the quickest rate. Companies are increasingly concentrating on producing reusable gadgets, which will reduce expenses due to the high pricing of the devices and the complex technology involved. Furthermore, the frequent and urgent need for timely doses in illnesses like diabetes and anaphylaxis has increased demand for multi-dose, reusable devices like insulin pens and Epipens. Furthermore, governments in emerging markets are launching programmes to expand the usage of reusable prefilled syringes and needles in order to prevent disease transmission in patients, pushing sector growth throughout the forecast period.


    Category of glass prefilled syringes was estimated to have the biggest proportion of prefilled syringes

    The major benefits provided, such as preventing oxygen and water vapour from mixing with drug composites, compatibility with various stuffing machines, and faultless integration into pharmaceutical firms' PFS processes, account for the large proportion of glass prefilled. To address the disadvantages of glass prefilled syringes, the material segment of the prefilled syringes market is likely to move from glass to polymer (plastic) syringes over the forecast period.


    For example, silicone oil (used to lubricate the inner surface of glass-prefilled syringes) is a critical element that cannot be avoided in the manufacture of glass-prefilled syringes but is known to interfere with biologic characteristics. Furthermore, Cyclo-Olefin-Polymer (COP) syringes are far more resistant to fracture than glass syringes. As a result, the aforementioned factors will play a role in rising demand for plastic prefilled syringes throughout the projected period.


    Single-chamber Prefilled Syringes accounted for the majority of the Prefilled Syringes Market by Design

    The category of single-chamber prefilled syringes accounted for the greatest proportion of the prefilled syringes market. Furthermore, the substantial benefits of employing single-chamber prefilled syringes over vials, such as improved API usage with decreased overfill, lesser pharmaceutical waste in clinical trials, reduced material needs, and convenient storage and disposal, are driving market expansion. In addition, due to the prevalence of numerous chronic conditions and the benefits of self-administered parenteral drugs, there is an increase in their use.


    Diabetes Application wishes to gain the Largest Possible Market Share

    When the breadth of the Application was considered, the diabetes sector dominated the industry revenue share. A huge patient base, rising diabetes prevalence, and the demand for better and safer insulin delivery devices are some of the factors likely to keep this sector dominant during the projection period. According to the International Diabetes Federation, around 537 million persons (20-79 years) had diabetes in December 2021, and approximately 6.7 million fatalities occurred globally owing to diabetes in the year 2021.


    Furthermore, to strengthen their market position, big corporations such as B.D. and others are introducing prefilled syringes developed specifically for chronic illness medication. For example, the B.D. Hypak SCF PRTC glass pre-fillable syringe is used to treat chronic illnesses. B.D. announced intentions in May 2021 to spin off its Diabetes Care segment as a separate, publicly listed company ("NewCo"). B.D. Diabetes Care has been a driving force behind the development of insulin syringes and other products, producing around 8 billion injectable devices each year and serving approximately 30 million patients. Such factors are projected to drive product demand in the near future.


    In the Next Years, there will be an increase in demand for Hospital End-Users

    Because of increased admissions of patients with diabetes, cardiovascular disease, and cancer, the hospital sector dominated the market. Furthermore, because to their wide range of uses, hospitals are the principal consumers of these syringes. Furthermore, the growing emphasis on constructing healthcare infrastructure in developing Asia Pacific and African nations is likely to drive sector expansion. On the other hand, the growing trend of self-care and the availability of gadgets that allow for less visits to healthcare experts are likely to stifle the growth of this category.


    North America is predicted to lead the Prefilled Syringes Market overall

    Because of the high incidence of autoimmune illnesses and chronic diseases, the expanding older population, high disease awareness among people, and new product releases in the area, North America is expected to account for the dominating market share.


    In the prefilled syringes market, Europe is one of the most profitable areas. The rising prevalence of chronic conditions, technological advancements, growth of the biologics and biosimilars market, and geographical expansion by key manufacturers, growing population, and high adoption of tone-injectable prefilled syringes are the major factors driving the European prefilled syringes market.


    Due to increased acceptance across key nations, Asia Pacific is expected to be the fastest-growing market for prefilled syringes in the future years. Furthermore, rising investments in pharmaceutical production and healthcare infrastructure in China and India are expected to provide significant development possibilities throughout the projection period.


    Important Market Participants in the Prefilled Syringes Market: Gerresheimer AG, Medtronic Plc Abbott Laboratories, Bayer AG, Baxter International Becton and Catalent, Inc. are some of the key market players in the prefilled syringes market.

    • Glenmark Pharmaceuticals Limited gained FDA clearance for the Icatibant Injection, 30 mg/3 mL (10 mg/mL) Single-Dose Prefilled Syringe in May 2021.
    • Roche got clearance from the US FDA in April 2021 for the company's supplementary Biologics License Application for Xolair® (omalizumab) prefilled syringe for self-injection across all authorised U.S. indications.


    Renub Research report titled "Global Prefilled Syringes Market Global Forecast by Type (Disposable and Reusable), Material (Glass and Plastic), Application (Diabetes, Rheumatoid Artheitis, Anaphylaxis, Antithrombotic/Thrombolytic Therapy, Others), Design(Single-Chamber, Dual- Chamber and Customized) Distribution Channel (Hospital, Blood Collection Centers, Diabetic Care Centers and Others), Region (North America, Europe, Asia Pacific, Latin America, and Middle East), Company Analysis (Gerresheimer AG, Medtronic Plc Abbott Laboratories, Bayer AG, Baxter International Becton and Catalent, Inc.)" provides a detailed analysis of Prefilled Syringes Market.

     

    global-prefilled-syringes-market-share


    By Type

    •    Disposable Prefilled Syringes
    •    Reusable Prefilled Syringes


    By Material

    •    Glass
    •    Plastic


    By Application

    1.    Diabetes
    2.    Rheumatoid Artheitis
    3.    Anaphylaxis
    4.    Antithrombotic/Thrombolytic Therapy
    5.    Others


    By Design

    1.    Single-Chamber
    2.    Dual-Chamber
    3.    Customized


    By Distribution Channels

    1.    Hospital
    2.    Blood Collection Centers
    3.    Diabetic Care Centers
    4.    Others


    By Region

    1.    North America
    2.    Europe
    3.    Asia-Pacific
    4.    Latin America
    5.    Middle East &


    Some of the prominent players in the global prefilled syringes market include:

    1.    Gerresheimer AG
    2.    Medtronic Plc
    3.    Abbott Laboratories
    4.    Bayer AG, 
    5.    Baxter International
    6.    Becton 
    7.    Catalent, Inc.


    Report Details:

    Report Features Details
    Base Year 2022
    Historical Period 2018 - 2022
    Forecast Period 2023 - 2029
    Market US$ Billion
    Segment Covered Type, Material, Application, Design, Distribution Channel, and Region
    Region Covered North America, Europe, Asia Pacific, Latin America, and Middle East
    Companies Covered Gerresheimer AG, Medtronic Plc Abbott Laboratories, Bayer AG, Baxter International Becton and Catalent, Inc.
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research & Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges


    5.    Global Prefilled Syringes Market

    6.    Share Analysis - Global Prefilled Syringes Market

    6.1    By Type
    6.2    By Material
    6.3    By Application
    6.4    By Design
    6.5    By Distribution Channels
    6.6    By Regions


    7.    Type – Global Prefilled Syringes Market

    7.1    Disposable Prefilled Syringes
    7.2    Reusable Prefilled Syringes


    8.    Material - Global Prefilled Syringes Market

    8.1    Glass Prefilled Syringes
    8.2    Plastic Prefilled Syringes


    9.    Application - Global Prefilled Syringes Market

    9.1    Diabetes
    9.2    Rheumatoid Arthritis
    9.3    Anaphylaxis
    9.4    Antithrombotic/thrombolytic therapy
    9.5    Others (Vaccine, Biotech Drugs)


    10.    Design - Global Prefilled Syringes Market

    10.1    Single Chamber Prefilled Syringes
    10.2    Dual Chamber Prefilled Syringes
    10.3    Customized Prefilled Syringes


    11.    Distribution Channels - Global Prefilled Syringes Market

    11.1    Hospital
    11.2    Blood Collection Centers
    11.3    Diabetic Care Centers
    11.4    Others


    12.    Region – Global Prefilled Syringes Market

    12.1    North America
    12.2    Europe
    12.3    Asia Pacific
    12.4    Latin America
    12.5    Middle East


    13.    Company Analysis

    13.1    Gerresheimer AG

    13.1.1    Overview
    13.1.2    Resent Development
    13.1.3    Revenue

    13.2    Medtronic Plc

    13.2.1    Overview
    13.2.2    Resent Development
    13.2.3    Revenue

    13.3    Abbott Laboratories

    13.3.1    Overview
    13.3.2    Resent Development
    13.3.3    Revenue

    13.4    Bayer AG

    13.4.1    Overview
    13.4.2    Resent Development
    13.4.3    Revenue

    13.5    Baxter International

    13.5.1    Overview
    13.5.2    Resent Development
    13.5.3    Revenue

    13.6    Becton

    13.6.1    Overviews
    13.6.2    Resent Development
    13.6.3    Revenue

    13.7    Catalent Inc.

    13.7.1    Overview
    13.7.2    Resent Development
    13.7.3    Revenue


    List of Figures:

    Figure-01:    Global – Prefilled Syringes Market (Billion US$), 2018 – 2022
    Figure-02:    Global – Forecast for Prefilled Syringes Market (Billion US$), 2023 – 2029
    Figure-03:    Type – Disposable Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-04:    Type – Forecast for Disposable Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-05:    Type – Reusable Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-06:    Type – Forecast for Reusable Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-07:    Material – Glass Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-08:    Material – Forecast for Glass Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-09:    Material – Plastic Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-10:    Material – Forecast for Plastic Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-11:    Application – Diabetes Market (Million US$), 2018 – 2022
    Figure-12:    Application – Forecast for Diabetes Market (Million US$), 2023 – 2029
    Figure-13:    Application – Rheumatoid Arthritis Market (Million US$), 2018 – 2022
    Figure-14:    Application – Forecast for Rheumatoid Arthritis Market (Million US$), 2023 – 2029
    Figure-15:    Application – Anaphylaxis Market (Million US$), 2018 – 2022
    Figure-16:    Application – Forecast for Anaphylaxis Market (Million US$), 2023 – 2029
    Figure-17:    Application – Antithrombotic/thrombolytic therapy Market (Million US$), 2018 – 2022
    Figure-18:    Application – Forecast for Antithrombotic/thrombolytic therapy Market (Million US$), 2023 – 2029
    Figure-19:    Application – Others (Vaccine, Biotech Drugs) Market (Million US$), 2018 – 2022
    Figure-20:    Application – Forecast for Others (Vaccine, Biotech Drugs) Market (Million US$), 2023 – 2029
    Figure-21:    Design – Single Chamber Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-22:    Design – Forecast for Single Chamber Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-23:    Design – Dual Chamber Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-24:    Design – Forecast for Dual Chamber Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-25:    Design – Customized Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-26:    Design – Forecast for Customized Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-27:    Distribution Channels – Hospital Market (Million US$), 2018 – 2022
    Figure-28:    Distribution Channels – Forecast for Hospital Market (Million US$), 2023 – 2029
    Figure-29:    Distribution Channels – Blood Collection Centers Market (Million US$), 2018 – 2022
    Figure-30:    Distribution Channels – Forecast for Blood Collection Centers Market (Million US$), 2023 – 2029
    Figure-31:    Distribution Channels – Diabetic Care Centers Market (Million US$), 2018 – 2022
    Figure-32:    Distribution Channels – Forecast for Diabetic Care Centers Market (Million US$), 2023 – 2029
    Figure-33:    Distribution Channels – Others Market (Million US$), 2018 – 2022
    Figure-34:    Distribution Channels – Forecast for Others Market (Million US$), 2023 – 2029
    Figure-35:    North America – Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-36:    North America – Forecast for Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-37:    Europe – Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-38:    Europe – Forecast for Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-39:    Asia Pacific – Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-40:    Asia Pacific – Forecast for Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-41:    Latin America – Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-42:    Latin America – Forecast for Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-43:    Middle East – Prefilled Syringes Market (Million US$), 2018 – 2022
    Figure-44:    Middle East – Forecast for Prefilled Syringes Market (Million US$), 2023 – 2029
    Figure-45:    Gerresheimer AG – Global Revenue (Million US$), 2018 – 2022
    Figure-46:    Gerresheimer AG – Forecast for Global Revenue (Million US$), 2023 – 2029
    Figure-47:    Medtronic Plc – Global Revenue (Million US$), 2018 – 2022
    Figure-48:    Medtronic Plc – Forecast for Global Revenue (Million US$), 2023 – 2029
    Figure-49:    Abbott Laboratories – Global Revenue (Billion US$), 2018 – 2022
    Figure-50:    Abbott Laboratories – Forecast for Global Revenue (Billion US$), 2023 – 2029
    Figure-51:    Bayer AG – Global Revenue (Billion US$), 2018 – 2022
    Figure-52:    Bayer AG – Forecast for Global Revenue (Billion US$), 2023 – 2029
    Figure-53:    Baxter International – Global Revenue (Billion US$), 2018 – 2022
    Figure-54:    Baxter International – Forecast for Global Revenue (Billion US$), 2023 – 2029
    Figure-55:    Becton – Global Revenue (Billion US$), 2018 – 2022
    Figure-56:    Becton – Forecast for Global Revenue (Billion US$), 2023 – 2029
    Figure-57:    Catalent Inc. – Global Revenue (Million US$), 2018 – 2022
    Figure-58:    Catalent Inc. – Forecast for Global Revenue (Million US$), 2023 – 2029


    List of Tables:

    Table-01:    Global – Prefilled Syringes Market Share by Type (Percent), 2018 – 2022
    Table-02:    Global – Forecast for Prefilled Syringes Market Share by Type (Percent), 2023 – 2029
    Table-03:    Global – Prefilled Syringes Market Share by Material (Percent), 2018 – 2022
    Table-04:    Global – Forecast for Prefilled Syringes Market Share by Material (Percent), 2023 – 2029
    Table-05:    Global – Prefilled Syringes Market Share by Application (Percent), 2018 – 2022
    Table-06:    Global – Forecast for Prefilled Syringes Market Share by Application (Percent), 2023 – 2029
    Table-07:    Global – Prefilled Syringes Market Share by Design (Percent), 2018 – 2022
    Table-08:    Global – Forecast for Prefilled Syringes Market Share by Design (Percent), 2023 – 2029
    Table-09:    Global – Prefilled Syringes Market Share by Distribution Channels (Percent), 2018 – 2022
    Table-10:    Global – Forecast for Prefilled Syringes Market Share by Distribution Channels (Percent), 2023 – 2029
    Table-11:    Global – Prefilled Syringes Market Share by Region (Percent), 2018 – 2022
    Table-12:    Global – Forecast for Prefilled Syringes Market Share by Regions(Percent), 2023 – 2029

    • Description
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    • Chapter 1, 4 & 5     Pages : 8
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    • Chapter 7     Pages : 4
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    • Chapter 8     Pages : 4
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    • Chapter 9     Pages : 10
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    • Chapter 10     Pages : 6
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    • Chapter 11     Pages : 8
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    • Chapter 12     Pages : 10
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    • Chapter 13.1     Pages : 5
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    • Chapter 13.2     Pages : 5
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    • Chapter 13.3     Pages : 5
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    • Chapter 13.4     Pages : 5
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    • Chapter 13.5     Pages : 5
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    • Chapter 13.6     Pages : 5
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    • Chapter 13.7     Pages : 5
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