Brooklyn, New York, USA, 2021-Apr-29 — /Meridian Market Consultants/ — A fresh report has been published and added, recently, in the massive database of Meridian Market Consultants (MMC), which is developed using verified research methodologies and proven analytical approaches. The report determines diverse eminent factors and trends encouraging the market growth of the GlobalPrefilled Syringes Market. The research study is entitled “Prefilled Syringes Market: Opportunity Analysis and Future Assessment 2020-2028”, which profoundly examines the global market evolution, along with the in-depth knowledge of the future market potential and the statistics implicated in the development of the respective market during the forecast period of 2020-2028. For the avail and interest of the readers, the report arrives at the conclusion with a special emphasis on the comprehensive profiling of the leading players in the GlobalPrefilled Syringes Market.
The global Prefilled Syringes Market in 2020 is estimated for more than US$ 5.5 Bn and expected to reach a value of US$ 10.9 Bn by 2028 with a significant CAGR of 8.9%.
Today, more than 50 biologic medications and vaccines are marketed and supplied in prefilled syringes. Globally, more than 3.5 billion prefilled syringes are produced annually. Prefilled syringes are an ideal choice for single-dose drugs such as insulin.
Get PDF Sample Copy of the Report including Full TOC, List of Tables & Figures, Chart: https://meridianmarketconsultants.com/sample-request/7451
Prefillable syringes offer easy-to-use fixed-dose options that not only help pharmaceutical companies control costs by minimizing drug overfill, but also help to minimize microbial contamination and reduce dosing errors.
Prefilled Syringes Market Dynamics
Increasing practices of self-administration of medication is the major factor driving the growth of global prefilled syringes market. Moreover, growing prevalence of chronic diseases such as diabetes, cancer, etc. is further driving the demand for the prefilled syringes over the forecast period.
Government is also stimulating the use of prefilled syringes to avoid infections due to cross contamination and hospital acquired infection. This is further expanding penetration of prefilled syringes in home-care settings and patients that require taking daily fixed dose of certain medications. Technological advancements in prefilled syringes, such as advanced barrel technology and multi-chamber syringes etc., would fuel the growth of global prefilled syringes market.
However, risk of needle stick injuries discourages patients from using prefilled syringes, which is the major factor restraining growth of the global market.
Prefilled Syringes Market Key Players
Some of the key participating players in global Prefilled Syringes market are
Becton, Dickinson and Company
Stevanato Group
Unilife Corporation
Gerresheimer AG
SCHOTT AG
West Pharmaceutical Services, Inc.
Ompi
Catalent, Inc.
Weigao Group
Vetter Pharma International GmbH
Nipro Corporation
MedPro Inc.
Ask for Customization: https://meridianmarketconsultants.com/free-customization/7451
Prefilled Syringes Market Segmentation
The global Prefilled Syringes market is segmented on the basis of drug molecule, indication, material, type, design, and region.
On the basis of Drug Molecule
Vaccines
Insulin
Hormones
Opioids
Others
By Indication
Diabetes
Cardiovascular Diseases
Immunization
Pain Management
Others
By Material Type
Glass Prefilled Syringes
Polymer Prefilled Syringes
By Type
Conventional Prefilled Syringes
Safety Prefilled Syringes
By Design
Single-chamber
Dual-chamber
Customized
By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Drug Stores
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
To Identify the Key Trends in the Global Prefilled Syringes Industry, Visit: https://meridianmarketconsultants.com/global-prefilled-syringes-market
About Meridian Market Consultants:
Meridian Market Consultants (MMC) is committed to providing deep insights that serve as a creative tool for the client that enables it to perform confidently in the market. At MMC we adhere to the client's needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with a strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.
Contact Us:
Meridian Market Consultants (MMC)
1820 Avenue M,
Brooklyn, NY 11230
United States
Tel: +1-(281)-619-8646
Effects due to the COVID-19 Pandemic on Global Markets: Meridian Market Consultants | COVID-19 PANDEMIC & MARKET