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

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

The prefilled syringe is a disposable syringe that already contains the substance that needs to be injected. The prefilled syringe contains a single dose of the drug that the manufacturer has fixed the needle to. It is widely used in chronic diseases requiring repeated administration

Market Overview:

The latest research study on the global Prefilled Syringe market finds that the global Prefilled Syringe market reached a value of USD 4931.24 million in 2022. It’s expected that the market will achieve USD 7978.39 million by 2028, exhibiting a CAGR of 8.35% during the forecast period.

Limitations

Prefilled syringes may chemically react with the drug, causing a change in efficacy and may even be hazardous to health. Manufacturers need to eliminate the interaction between drugs and packaging materials.
Many patients do not like injections and are afraid of the pain caused by injections. Manufacturers need to make needles thinner or other feasible methods to alleviate the pain of end users.
Prefilled syringes are disposable, which does not adapt to the environmental trends of today's society and can damage the ecological environment.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Becton Dickinson, Gerresheimer AG, Schott AG with the revenue market share of 43.49%, 7.07% and 6.14% in 2018.

Becton Dickinson develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. It operates in two segments, BD Medical and BD Life Sciences. The BD Medical segment offers syringes, pen needles, and other products for diabetes; needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; regional anesthesia needles and trays; sharps disposal containers; closed-system transfer devices; skin antiseptic products; surgical and laparoscopic instrumentations; intravenous medication safety and infusion therapy delivery, and so on.

Gerresheimer AG manufactures and sells specialty glass and plastic products primarily for the pharma and healthcare industry worldwide. It operates through two divisions, Plastics & Devices, and Primary Packaging Glass. The Plastics & Devices division offers drug delivery systems, including inhalers, pen systems, and injection systems; sterile and non-sterile prefillable syringe systems for the pharmaceutical and biotech industries; and disposables for various analysis systems that are used in laboratories and medical practices, quick tests for patients in medical practices or hospitals, skin-prick aids and lancets for diabetics, disposables and components for dialysis machines.

Segmentation Overview:

Among different product types, Glass-based segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Diabetes segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Prefilled Syringe market covered in Chapter 3:

Ompi (Stevanato Group)
West Pharmaceutical Services
Baxter
Weigao Group
Becton Dickinson
Gerresheimer AG
Nipro Corporation
Schott AG

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

Glass-based
Plastic-based

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

Anaphylaxis
Rheumatoid Arthritis
Diabetes
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)