Prefilled Syringes Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Prefilled Syringes Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth of Prefilled Syringes Market

The prefilled syringes market size was valued at USD 7.91 billion in 2023, and the market is now projected to grow from USD 8.70 billion in 2024 to USD 20.62 billion by 2032, exhibiting a CAGR of 11.4% during the forecast period of 2024-2032.

COVID-19 bought positive impact on the market as pre-filled products were in high demand. Manufacturing of the vaccines increased rapidly to curb the fast spreading coronavirus which in turn lead to increase in the manufacturing capacity of the pre-filled products. This process lead to large amount of revenue generation among the big production organizations.

Rise in prefilled syringe is due to the easy usage of it for the medicines especially for injeacting in digestive tract. It comes with pre-filled and exact dosage of the medicine needs to be injected. This way the doctors can ensure the safety of the patient, no dosing error and be caused and has oher advantages of using it. This adoption of the self-injecting devices is leading to the growth of the prefilled syringe market growth.

Shifting from chemical based drugs to the drugs made from living organisms leading to the develoment in meddical science is trending in this market of prefilled syringes. Adoption of these drugs to treat the chronic diseases has also helped the producers to increase their production and supply of drugs in more advanced containers and without in any damage.

Comprehensive Ananlysis of Prefilled Syringes Market

The market of prefilled syringes is segmented into many. Based on material it is divided into plastic and glass. Based on closing systems, it is classified into luer lock form system, staked needle system, and luer cone system. Based on product, it is divided into, components & accessories and syringe set. Based on design, it is divided into multiple-chamber, single chamber and double chamber. Lastly, based on end user it is divided into contract research & manufacturing organizations, pharmaceutical and others.

Europe dominates the large prefilled syringe market share, generating revenue of USD 3.19 billion in 2023. Rapid increase in the number of patients shifting towards the organisms based drugsfor treatment of their chronic diseases and adopting for the pre-filled products are the reasons for market growth in this region.

Key industry players contributing for the fueling of the market growth are BD (U.S.), Gerresheimer AG (Germany), SCHOTT AG ( Germany), West Pharmaceuticals Services Inc. (U.S.), Helvoet Rubber & Plastic Technologies BV (Netherlands), NIPRO (Japan), AptarGroup, Inc. (U.S.), Terumo Corporation (Japan).

In May 2023, to stop the spreading of catheter-related infection in pateints in association to the growth of microbial, BD made the availability of all-in-one flush pre-filled syringes easier

Attribute Details

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth RateCAGR of 11.4% from 2024-2032

Unit Value (USD billion)

SegmentationBy Material

Glass

Plastic

By Closing System

Staked Needle System

Luer Cone System

Luer Lock Form System

By Product

Complete Syringe Set

Components & Accessories

By Design

Single-chamber

Double-chamber

Multiple-chamber

By End User

Pharmaceutical & Biotechnology Companies

Contract Research & Manufacturing Organizations

Others

By Region

North America (By Material, By Closing System, By Product, By Design, By End-User, and By Country)

-U.S. (By Product)

-Canada (By Product)

Europe (By Material, By Closing System, By Product, By Design, By End-User, and By Country/Sub-region)

-Germany (By Product)

-U.K. (By Product)

-France (By Product)

-Italy (By Product)

-Spain (By Product)

-Scandinavia (By Product)

-Rest of Europe (By Product)

Asia Pacific (By Material, By Closing System, By Product, By Design, By End-User, and By Country/Sub-region)

-China (By Product)

-India (By Product)

-Japan (By Product)

-Australia (By Product)

-Southeast Asia (By Product)

-Rest of Asia Pacific (By Product)

Latin America (By Material, By Closing System, By Product, By Design, By End-User, and By Country/Sub-region)

-Brazil (By Product)

-Mexico (By Product)

-Rest of Latin America (By Product)

Middle East & Africa (By Material, By Closing System, By Product, By Design, By End-User, and By Country/Sub-region)

-GCC (By Product)

-South Africa (By Product)

Rest of Middle East & Africa (By Product)