Uploaded on Nov 10, 2020
The global pre-filled syringes market size is expected to reach USD 10.1 billion by 2027 according to a new study by Polaris Market Research
Prefilled Syringes Market Size Worth $10.1 Billion By 2027 | CAGR: 9.8% |
Prefilled Syringes Market
Set to Exceed $10.1 Billion by 2026 | CAGR 9.8%
Prefilled Syringes Market Share, Size, Trends, Industry
Analysis Report, By Material (Glass and Plastic); By Design
(Dual Chamber, Single Chamber, and Customized); By Type
(Conventional, and Safety Syringes); By Application
(Insulin, Vaccine, Anti-coagulant, and Others), By Regions;
Segment Forecast, 2020 –2027
Prefilled Syringes Market Size Worth $10.1 Billion By 2027 | CAGR: 9.8%
The global pre-filled syringes market size is expected to reach USD 10.1 billion by 2027
according to a new study by Polaris Market Research. The report “Prefilled Syringes Market
Share, Size, Trends, Industry Analysis Report, By Material (Glass and Plastic); By Design
(Dual Chamber, Single Chamber, and Customized); By Type (Conventional, and Safety
Syringes); By Application (Insulin, Vaccine, Anti-coagulant, and Others), By Regions;
Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and
provides analysis on future market growth.The pharmaceutical industry is witnessing a rapid
rise in bio-pharmaceuticals which is increasing demand for various advanced drug delivery
devices, including prefilled syringes. Currently, more than 60% of the drugs in the clinical
trials are biologics which needs to be administered parenterally.
Prefilled syringes (PFS) are efficient, reliable and convenient method for parenteral drug
administration. These help the pharmaceutical companies to minimize drug waste and
increase product life span which in turn leads to cost savings. PFS reduces the product
wastage by preventing the dose overfill by four to five percent. This is especially
advantageous for biological drugs as their manufacturing and product costs are too high and
have low bulk manufacturing capacity. The product costs of some biologicals are as high as
USD 2,000 per dose. PFS lowers the overall cost-per-dosage-unit compared to conventional
syringe and vials. Hence, tChopeyr igdht e© mPolarisn Mdark eft oRers eaPrcFh &S C oinsu ltirngis LLiPn 2g01 8.s Atll rRoighntsg Relyse rviend all customer segments; 2
pharmaceutical companies, physicians and patients.
Prefilled Syringes Market
By Material By Design By Type By Application By Region
Glass Dual Chamber Conventional Insulin
· North America (U.S.,
Plastic Single Chamber Safety Vaccine
Canada)
Customized Anti-coagulant
Others
· Europe (France, Germany,
UK, Italy, Spain,
Netherlands, Austria)
· Asia Pacific (Japan, China,
India, Malaysia, Indonesia.
South Korea)
· Latin America (Brazil,
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Mexico, Argentina)
· MEA (Saudi Arabia, UAE,
Israel, South Africa)
Prefilled Syringes Market Estimate & Forecast to 2026
With surge in COVID-19 cases, the U.S. government is liable to increase domestic medical
facility to cope up with the future scenario. In line with this, in May 2020, the Department of
Defense (DOD) and the U.S. Department of Health and Human Services awarded a contract
of worth USD 138 million to the U.S. based ApiJect Systems America to start Project
Jumpstart. The project would revamp the country’s production capability, by October 2020,
to be independent in manufacturing more than 100 million prefilled syringes, using blow-fill-
seal aseptic plastic manufacturing technology.
Access Research Report On Prefilled Syringes Market Size
Market participants such as Becton Dickinson (BD), Medpro, Haselmeier AG, Stevanato
Group, Owen Mumford, SCHOTT, Unilife Corporation, OMPI, Fresenius Kabi, Catalent, Vetter
Pharma International GmbH, Gerresheimer, Weigao Corporation, West Pharmaceutical
Services, Inc., and Nipro Medical Corporation are some of the key players operating in the
concerned market.
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Prefilled Syringes Market
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
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