Global Pre-Filled Saline Syringe Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pre-Filled Saline Syringe Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Pre-filled saline syringes are single-dose packet of saline to which a needle has been fixed by the manufacturer. These are medical consumables that are used in hospitals and clinics for clearing intravenous lines (IVs), any medicine or perishable liquids used to keep the arterial lines and entry point clean and sterile. Pre-filled saline syringes are indicated for flushing vascular access devices, a purpose for which syringes may have advantages over vials. For example, they are ready to use, which may reduce the risk of contamination during manipulation, and they are available in several volumes.

Market Overview:

The latest research study on the global Pre-Filled Saline Syringe market finds that the global Pre-Filled Saline Syringe market reached a value of USD 584.26 million in 2022. It’s expected that the market will achieve USD 961.92 million by 2028, exhibiting a CAGR of 8.66% during the forecast period.

Market Opportunities

Increasing medication errors and risk of contamination in multi-dose vials are expected to boost the growth of the pre-filled saline syringes market. Pre-filled syringes offer numerous advantages and are used commonly in flushing of all vascular access devices. They prevent infection outbreaks and cross-contamination due to unit of use dose from large volume bags of normal saline and repetitive usage of multi-dose vials. Pre-filled saline syringes are designed to prevent solution from reentering into non-sterile portion of the syringe and help to reduce contamination. These syringes are manufactured according to ISMP medication labeling and they help to reduce medication errors. Medication error is the failure in the treatment due to under prescribing, irrational and inappropriate prescribing, or over prescribing of the medication. Sometimes, medication errors also occur due to contamination, adulteration, wrong packaging or erroneous adulteration. Furthermore, all the pre-filled saline syringes are single-use devices and are not provided with any kind of preservatives. This attempt is used to save time and money of the end users and they are also incorporated with two sterilization processes, i.e., terminal sterilization and aseptic sterilization. These sterilization processes are to ensure the product safety from contaminations.

Market Risk

The cost of the innovative and technologically developed products in the market is relatively high as compared to the conventional syringes. This makes it unaffordable for low-income and middle-income countries. Factors such as low manufacturing volume, high start-up cost, and additional safety features increase the cost of devices. For instance, according to a study in Thailand, it was concluded that reusable syringes are 36% cheaper than disposable. Hence, this factor would affect the market negatively. However, prices of pre-filled saline syringes are expected to decrease during forecast period due to entry of new manufacturers and pricing pressure. Hence, high onetime cost is likely to have a minute effect on the market.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

Becton Dickinson is one of the major players operating in the Pre-Filled Saline Syringe market, holding a share of 30.10% in 2021.

Becton Dickinson

Becton, Dickinson and Company is a global medical technology company engaged principally in the development, manufacture, and sale of medical devices, instrument systems, and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry, and the general public.

B. Braun Medical, Inc.

B. Braun Medical, Inc. manufactures medical products. The Company offers admixture, dialysis, infusion therapy, duplex and premixed drugs, infusion pump systems, needle-free systems, and pain management products.

Segmentation Overview:

Among different product types, 3ml Syringe Size segment is anticipated to contribute the largest market share in 2027.

On the basis of product, the global pre-filled saline syringe market is segmented into 3 ml syringe, 5 ml syringe, 10 ml syringe, and others. Out of these, the 3 and 10 ml pre-filled saline syringes are expected to lead the global market in the coming years as they are the most convenient sizes. Significant portion of the market has been covered by 3 Syringe type, 5 syringe type and 10 syringe types. 3 and 10 syringe type segments collectively hold a large revenue share in the market. This is due to higher adoption among the end-user segments. Moreover, the awareness towards cross-contamination, medication errors and benefits of pre-filled saline syringes over conventional syringes lead to strong positioning of these segments in the overall market.

Application Overview:

By application, the Hospitals segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Pre-Filled Saline Syringe market covered in Chapter 3:

Cardinal Health
Weigao Group
Becton Dickinson
MedXL
B. Braun
DBM
Excelsior Medical
Sterises International BV

In Chapter 4 and Chapter 14.2, on the basis of types, the Pre-Filled Saline Syringe market from 2018 to 2029 is primarily split into:

3ml Syringe Size
5ml Syringe Size
10ml Syringe Size
Other Size

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pre-Filled Saline Syringe market from 2018 to 2029 covers:

Hospitals
Outpatient Clinics
Homecare Settings
Pharmaceuticals Company

Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)