Overview of the Global Prefilled Syringes Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Global Prefilled Syringes Market By Type (Conventional Prefilled Syringes (Disposable, Reusable), Safety Prefilled Syringes), By Material (Glass Prefilled Syringes, Plastic Prefilled Syringes), By Design (Single-chamber, Dual-chamber, Customized), By Application (Anaphylaxis, Rheumatoid Arthritis, Diabetes, Others), The Global Prefilled Syringes Market size was valued at USD 6.22 Billion in 2022 and is projected to grow at a CAGR of around 10.21% during the forecast period, i.e., 2023-28. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Global Prefilled Syringes Market Growth and Scope:

Base Year: 2022

Forecast Period: 2023-28

Historical Data: 2018-21

CAGR (2023-2028): 10.21%

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Global Prefilled Syringes Market Possible Restraint:

Frequent Recalls Caused by Impurities or Leakage in Syringes – The market growth for prefilled syringes, which are gaining popularity for complex biotechnology products, faces hindrances due to product recalls caused by their impurities or leakage. A notable incident occurred in July 2022 when Nephron Pharmaceuticals Corporation, a U.S.-based company, had to recall 20 prefilled syringes containing medicines like ketamine, epinephrine, and oxytocin. Concerns over the sterility assurance of syringes prompted the recall. These recalls lead to significant financial losses for pharmaceutical companies and erode consumer trust in the safety & efficacy of prefilled syringes.

A Comprehensive Analysis of Leading Companies of Prefilled Syringes Market by MarkNtel Advisors:

  • Abbott Laboratories
  • Bayer AG
  • Baxter International
  • Becton, Dickinson and Company
  • Gerresheimer AG
  • Medtronic Plc
  • Nipro Corporation
  • Terumo Medical Corporation
  • Vetter Pharma International Gmbh
  • West Pharmaceutical Services, Inc
  • Unilife Corporation
  • Owen Mumford Ltd
  • Scandinavian Health Limited (SHL Group)
  • Haselmeier AG
  • Schott AG
  • Others

Key Prefilled Syringes Market Segmentation:

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-By Type

  • Conventional Prefilled Syringes
  • Safety Prefilled Syringes

In 2022, Disposable Prefilled Syringes dominated the market, accounting for the majority share, primarily due to their versatility in various applications.

-By Material

  • Glass Prefilled Syringes
  • Plastic Prefilled Syringes

Of both, Glass Prefilled Syringes hold a dominant position in the global market, accounting for most of the total revenue share.

-By Design

  • Single-chamber- Market Size & Forecast 2018-2028, USD Million
  • Dual-chamber- Market Size & Forecast 2018-2028, USD Million
  • Customized- Market Size & Forecast 2018-2028, USD Million

-By Application

  • Anaphylaxis- Market Size & Forecast 2018-2028, USD Million
  • Rheumatoid Arthritis- Market Size & Forecast 2018-2028, USD Million
  • Diabetes- Market Size & Forecast 2018-2028, USD Million
  • Others- Market Size & Forecast 2018-2028, USD Million

Geographical Analysis

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Europe will lead the prefilled syringes market with the highest market share during 2023-28. It owes principally to the increasing prevalence of chronic diseases, resulting in an escalating demand for prefilled syringes, the considerable presence of leading market players, and the availability of advanced healthcare facilities staffed by well-trained medical professionals.

Key Reports Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

  • Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
  • Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
  • Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

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About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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