The prefilled syringes market is projected to reach USD 13.1 billion by 2030 from USD 7.1 billion in 2024, at a CAGR of 10.8% during the forecast period. The prefilled syringes market has had strong growth due to a number of factors such as the rising incidences of chronic diseases like diabetes, rheumatoid arthritis, and cardiovascular disorders. Moreover, prefilled syringes make it easier to administer medications precisely and consistently to patients with chronic conditions, by providing ready-to-use doses that improve patient compliance and lower the possibility of dosage errors. Additionally, the growing trend of self-administration has also played a major role in the market's growth. Prefilled syringes are preferred by patients due to their comfort and ease of use, as they eliminate the need for dose measurement, hence improving safety and lowering the danger of contamination.
By type, conventional prefilled syringes segment is expected to have the largest market share in the prefilled syringes market.
Based on the type, the conventional prefilled syringes segment is expected to dominate the the prefilled syringes market due to several factors. Their ready-to-use nature and pre-measured doses enhance convenience and safety by reducing preparation time and dosing errors. They lower contamination risks and needle stick injuries through advanced safety features. Prefilled syringes improve patient compliance, particularly for chronic conditions, by being user-friendly and encouraging adherence to treatment regimens. Their versatility in therapeutic applications, especially for biologics and chronic disease treatments, coupled with the growing prevalence of such conditions, further drive their market dominance.By material, glass prefilled syringes segment is expected to have the largest market share in the prefilled syringes market.
Based on material, the glass prefilled syringe segment is expected to hold the largest market share in the prefilled syringes market. Their superior chemical inertness ensures drug stability and reduces the risk of interactions between the drug and the container, making them ideal for a wide range of pharmaceutical applications. Additionally, glass syringes offer high visibility, allowing for easy inspection of the drug for particulates and discoloration, which is critical for quality control and patient safety. As a result, pharmaceutical companies and healthcare providers prefer glass prefilled syringes for their reliability, safety, and efficiency in drug delivery.By design, single-chamber prefilled syringes segment is expected to have the largest market share in the prefilled syringes market.
Based on design, the single-chamber prefilled syringe segment accounted for the largest market share of the prefilled syringes market due to their convenience, safety, and efficiency in drug administration. These syringes, which come pre-loaded with a single dose of medication, minimize the risk of dosing errors and contamination, enhancing patient safety. They streamline the injection process, making it quicker and easier for healthcare providers and patients, thereby improving compliance and treatment outcomes. Moroever, their widespread adoption in various therapeutic areas, particularly in chronic disease management and emergency care, further drives growth in the market.By application, cancer segment is expected to have the largest market share in the prefilled syringes market.
By application, the cancer segment is expected to hold the largest market share due to the increasing prevalence of cancer globally and the rising need for advanced drug delivery systems. Prefilled syringes offer significant advantages for cancer treatment, including precise dosing, reduced risk of contamination, and enhanced patient safety and compliance. As cancer treatments often involve complex medication regimens requiring regular and accurate administration, the convenience and reliability of prefilled syringes become critical. Additionally, advancements in biologics and targeted therapies, which are frequently used in oncology, further drive the demand for prefilled syringes, making the cancer segment the dominant application area in this market.By region, North American region is expected to have the largest market share in the prefilled syringes market.
North America to register for the highest share of the prefilled syringes market during the forecast period due to several factors. These include a well-established healthcare infrastructure, high adoption rates of advanced medical technologies, and a significant focus on patient safety and convenience. Moreover, the region benefits from robust regulatory frameworks that encourage the adoption of pre-filled syringes by ensuring stringent quality standards and safety measures. Additionally, increasing incidences of chronic diseases requiring regular injections, coupled with rising healthcare expenditures, contribute to the growing demand for pre-filled syringes in North America. The presence of major pharmaceutical companies and biotechnology firms further enhances market growth through extensive research and development activities aimed at improving drug delivery systems.A breakdown of the primary participants (supply-side) for the prefilled syringes market referred to for this report is provided below:
- By Company Type: Tier 1 - 35%, Tier 2 - 40%, and Tier 3 - 25%
- By Designation: C-level - 20%, Director Level - 35%, and Others - 45%
- By Region: North America - 27%, Europe - 25%, Asia Pacific - 30%, Latin America - 8%, Middle East & Africa - 10% .
Research Coverage:
The report analyzes the prefilled syringes market and aims at estimating the market size and future growth potential of this market based on various segments such as type, material, design, application, and region. The report also includes a competitive analysis of the key players in this market along with their company profiles, service offerings, recent developments, and key market strategies.Reasons to Buy the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall prefilled syringes market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.This report provides insights into the following pointers:
- Analysis of key drivers (increasing chronic diseases, incereasing biologics and biosimilars, and technological advancements), restraints (product recalls, and stringent government regulations), opportunities (increasing prevalence of self-administration of injectables and increasing regulatory support) and challenges (presence of alternative drug delivery methods, and infections associated with needlestick injuries)
- Market Penetration: It includes extensive information on products offered by the major players in the global the prefilled syringes market. The report includes various segments in type, material, design, application, and region.
- Product Enhancement/Innovation: Comprehensive details about new product launches and anticipated trends in the global prefilled syringes market.
- Market Development: Thorough knowledge and analysis of the profitable rising markets by type, materila, design, application, and region.
- Market Diversification: Comprehensive information about newly launched products, expanding markets, current advancements, and investments in the global the prefilled syringes market.
- Competitive Assessment: Thorough evaluation of the market shares, growth plans, offerings of products, and capacities of the major competitors in the global prefilled syringes market.
Table of Contents
1 Introduction
2 Research Methodology
4 Premium Insights
5 Market Overview
6 Prefilled Syringes Market, by Type
7 Prefilled Syringes Market, by Design
8 Prefilled Syringes Market, by Material
9 Prefilled Syringes Market, by Application
10 Prefilled Syringes Market, by Region
11 Competitive Landscape
12 Company Profiles
13 Appendix
List of Tables
List of Figures
Companies Mentioned
- Bd
- Gerresheimer AG
- Schott
- West Pharmaceutical Services, Inc.
- Aptargroup, Inc.
- Nipro
- Baxter (Simtra)
- Owen Mumford Ltd.
- Weigao Medical International Co. Ltd
- Credence Medsystems, Inc.
- Novartis AG
- Stevanato Group
- Polymedicure
- Medxl Inc.
- Sharps Technology, Inc.
- Fresenius Kabi USA
- Medefil, Inc.
- D.B.M. S.R.L.
- Taisei Kako Co. Ltd.
- Shandong Province Medicinal Glass Co. Ltd.
- Shin Yan Sheno Precision Industrial Co. Ltd.
- J.O. Pharma Co. Ltd. (Otsuka Holdings Co. Ltd.)
- BMI Korea
- B. Braun SE
- Al Shifa Medical Products Co.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 293 |
| Published | July 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 7.1 Billion |
| Forecasted Market Value ( USD | $ 13.1 Billion |
| Compound Annual Growth Rate | 10.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
