MarkNtel Advisors recently published a detailed industry analysis of the Prefilled Syringes Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Prefilled Syringes Market (2023-2028)
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.
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What is driving the Prefilled Syringes market?
Increasing Demand for Biological Drugs and Continuous Advancements in Injectable Delivery Solutions – The global prefilled syringes market is expected to experience significant growth on account of the rising demand for biological drugs and continuous innovations in injectable delivery solutions, catering to the mounting need for effective & convenient administration of biological medications, which have garnered significant attention from prominent pharmaceutical companies due to their potential to target diseases with limited or no existing treatment options.
· In May 2021, Glenmark Pharmaceuticals Ltd. made a noteworthy announcement regarding the U.S. Food and Drug Administration’s approval for Icatibant injection. This approval marked a milestone as it represented a generic version of Firazyr injection, and it is available in a convenient prefilled syringe format with a dosage of 30 mg/3 mL (10 mg/mL) for single-dose use. This development showcases the ongoing efforts to enhance patient experience and expand treatment options through user-friendly prefilled products in the biologic drugs segment.
What segments define the Prefilled Syringes market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
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),
By Region
(North America, South America, Europe, The Middle East & Africa, Asia-Pacific)
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Who are the leading key players shaping the Prefilled Syringes Market landscape?
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 and Others
Questions Addressed in this Study
1.What factors are driving the Prefilled Syringes Market growth?
2.How is the Prefilled Syringes Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Prefilled Syringes Market?
4.What is the current size of the Prefilled Syringes Market, and how is it projected to change in the future?
6.What is the future outlook for the Prefilled Syringes Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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