USD 18.43 billion
Prefilled Syringes Market Size, Share, Growth Analysis, By Type(Conventional Prefilled Syringes [Disposable Prefilled Syringes, Reusable Prefilled Syringes], Safety Prefilled Syringes), By Design(Single-chamber Prefilled Syringes, Dual- Chamber Prefilled Syringes, and Customized Prefilled Syringes), By Material(Glass Prefilled Syringes, Plastic Prefilled Syringes), By Application(Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer), By Region - Industry Forecast 2024-2031
Report ID:
SQSG35B2013 |
Region:
Global |
Published Date: September, 2024
Pages:
274
|Tables:
114
|Figures:
77
Prefilled Syringes Market Insights
Global Prefilled Syringes Market size was valued at USD 6.8 billion in 2022 and is poised to grow from USD 7.52 billion in 2023 to USD 16.84 billion by 2031, growing at a CAGR of 10.60% during the forecast period (2024-2031).
Pre-filled syringes have emerged as one of the fastest alternatives to single-dose medications as the pharmaceutical industry explores new convenient delivery methods. The Health Organization's June 2022 Self-Care Intervention indicates in its statement that self-use indicates contraceptives can help reduce unintended pregnancies. The article estimates that a person and healthcare professional spend less than 1 hour in a year, while spending over 8700 hours in self-care. Increased self-care in society adoption will boost the demand for pre-filled syringes, which is expected to drive the market growth over the forecast period.
Moreover, increasing prevalence of diabetes and arthritis, increasing biosimilars in developed regions are some of the other factors driving the market expansion. According to a report released by SingleCare in January 2022, the global population exceeded 14.0 million suffer from arthritis each year. It also found that asthma affects more than 1.36 million adults in the United States each year. Furthermore, according to a journal published by the American College of Arthritis in July 2022, arthritis is the most common autoimmune arthritis in the United States. While pre-filled syringes provide free safety, the use of the same is expected to increase in the future.
US Prefilled Syringes Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Disposable
Fastest Growth
Disposable
Growth Rate
11.95% CAGR
Global Prefilled Syringes Market ($ Bn)
Country Share for North America Region (%)
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Prefilled Syringes Market Segmental Analysis
Global Prefilled Syringes Market is segmented by Type, Design, Material, Application, and region. Based on Type, the market is segmented into Conventional Prefilled Syringes, and Safety Prefilled Syringes. Based on Design, the market is segmented into Single-chamber Prefilled Syringes, Dual-chamber Prefilled Syringes, and Customized Prefilled Syringes. Based on Material, the market is segmented into Glass Prefilled Syringes, and Plastic Prefilled Syringes. Based on Application, the market is segmented into Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, Ophthalmology, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Prefilled Syringes Market Analysis by Type
The vaccine and immunizations segment saw the biggest proportion at 25.8% in 2023. Many vaccines require multiple doses to be administered over a duration. This can improve patient compliance, critical for vaccine software fulfillment. For example, prefilled syringes may be prepackaged and labelled, making it less difficult for sufferers to apply themselves. Prefilled syringes are perfect for this reason as they get rid of the need for health care companies attracts drugs from bottles, growing. Pre-filled syringes are simpler for patients to use than traditional bottles and syringes.
The oncology segment is predicted to be the fastest CAGR during the forecast duration. Many oncology treatment options require common injections, and pre-crammed syringes offer extra advantages for patients undergoing remedy or different injection remedies. Compared to traditional vials and syringes, they are easy to transport and self-administer, improving patient comfort and independence during the procedure. Advances in pre-filled syringe technology such as multichamber syringe facilitates the delivery of combination therapy used in some cancer therapies.
Analysis by Application
The disposable segment held the largest market share of 91.4%in 2023 and is expected to register the fastest CAGR during the forecast period. Injection drugs require high security of syringe and today with the advent of disposable syringes it is much easier to eliminate risk to some extent. Most diagnostic treatments for chronic diseases require disposable pre-filled syringes because they are needed during drug administration and testing, leading to increased demand. In June 2021, Hindustan Syringes & Medical Devices Ltd. including the launched of Star Syringes in the UK disposable safety needles Enter technical cooperation.
The reusable segment had a significant market share in 2023. Some syringes can be used more than once in a patient with disposable tips. Injectors recycled once a week can save 200 units per year in production requirements. For example, according to the U.S. FDA in October 2019, manufacturers commonly provide dental dispensers as prefilled syringes with disposable tips. While the tips are discarded after each patient, the dispensers with remaining dental material are often reused. This can help reduce costs for manufacturers and health care providers and the potential for infection if safety measures are followed properly.
Global Prefilled Syringes Market By Type (%)
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Prefilled Syringes Market Regional Insights
North America region in the prefilled syringes market share is 32.3% in 2023. Prevention of needlestick injuries by healthcare professionals is a priority in developed countries including the US. and Canada including in pre-filled syringes with needle guards decrease the likelihood of this injury. Centers for Disease Control for Vaccine Administration owing to their ability to preserve vaccine potency over a long period of time and shelf life driving the market growth. North America accounted for the largest share of the pre-filled syringes market in 2023. Also, injection devices, improved medication regimens, technological advances, routine prescriptions of self-administered devices and Prevention (CDC) recommendations are expected to deliver the market has developed.
Asia-Pacific region is the fastest growing segment in the market. Prefilled syringes market is anticipated to expand significantly due to huge number of regional approvals by Food and Drug Administration (FDA), Medical Products Agency (TGA) and European Medicines Agency (EMA). The prefilled syringes market in Japan is poised for significant growth due to the increasing prevalence of chronic diseases and patient safety and comfort concerns. In addition, regulatory reforms and incentives, biologics and biosimilars and faster approval processes, have attracted pharmaceutical companies to invest in the market.
The growth of China region in the prefilled syringes market has been influenced by several drivers, which contribute to the growth and adoption of this medical device. China’s rapidly developing healthcare infrastructure and patient needs played a major role in the prefilled syringes market. The prevalence of chronic diseases such as diabetes, cardiovascular diseases and autoimmune diseases is increasing in China.
Global Prefilled Syringes Market By Geography
- Largest
- Fastest
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Prefilled Syringes Market Dynamics
Prefilled Syringes Market Driver
Increasing Demand for Vaccines and Immunizations
- Increasing incidence of chronic diseases such as diabetes mellitus, rheumatoid arthritis and rheumatoid arthritis has created demand for vaccines which are commonly administered by injection has increased dramatically. The demand for prefilled syringes has been amplified. The power of a syringe a controlled packaging can reduce the risk of contamination and minimize dose errors makes it the best option for vaccines and therapeutics strong application in nature, leading to market growth.
Technological Advances in Drug Delivery Systems
- New trends in the design and use of prefilled syringes make them attractive in various health care settings. Pharmaceutical companies focus on products such as glass-polymer-based syringes with needle safety features including needle safety systems and simple automatic devices. The emergence of smart prefilled syringes with integrated technologies, such as dose tracking and digital connectivity, is transforming the drug delivery landscape.
Restraints
Increased Manufacturing Costs and Complex Regulatory Requirements
- Compared to conventional syringes or containers, pre-filled syringes must be manufactured requiring stricter quality assurance systems and adherence to regulatory standards to ensure the sterile, dose accuracy, and patient safety. Additionally, manufacturers must comply with regulatory guidelines in different regions, which may lead to longer approval times and higher manufacturing costs.
Handling and Storage Challenges
- Prefilled syringes are sensitive to temperature fluctuations, which can affect formulation stability and syringe integrity. Special conditions for storage, such as refrigeration for biologics, adds logistical challenges to the supply of pre-filled syringes as well as degradation or possible handling, thereby reducing drug effectiveness. These challenges in terms of handling and storage are barriers to widespread use of prefilled syringes, especially in low-volume settings.
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Prefilled Syringes Market Competitive Landscape
The prefilled syringes market is particularly competitive and dynamic, with each installed pharmaceutical giants and specialized medical tool agencies actively engaged in driving innovation, enhancing patient safety, and increasing their international presence. These competitive environments are fashioned by way of elements such as technological advancements, strategic partnerships, acquisitions, and the consistent need for addressing stringent regulatory requirements.
Prefilled Syringes Market Top Player's Company Profiles
- BD (US)
- Gerresheimer AG (Germany)
- SCHOTT (Germany)
- West Pharmaceutical Services, Inc. (US)
- AptarGroup, Inc. (US)
- Nipro (Japan)
- Baxter (Simtra) (US)
- Owen Mumford Ltd. (UK)
- Weigao Medical International Co., Ltd. (China)
- Credence MedSystems, Inc. (US)
- Novartis AG (Switzerland)
- Stevanato Group (Italy)
- Poly Medicure (India)
- MedXL Inc. (Canada)
- Sharps Technology, Inc. (US)
- Fresenius Kabi USA (US)
- Medefil, Inc. (US)
- D.B.M. S.R.L. (Italy)
- Taisei Kako Co., Ltd. (Japan)
- Shandong Province Medicinal Glass Co., Ltd. (China)
- Shin Yan Sheno Precision Industrial Co., Ltd. (Taiwan)
- J.O. Pharma Co., Ltd. (Otsuka Holdings Co., Ltd.) (Japan)
- BMI Korea (South Korea)
- Al Shifa Medical Products Co. (Saudi Arabia)
Prefilled Syringes Market Recent Developments
- In May 2023, Scott Pharma introduced a pre-fill syringe designed for medicines that need to be stored in extremely cold conditions.
- In May 2023, Fresenius Kabi expanded its Simplist prefilled syringe line with 100mcg per 2mL volume for fentanyl citrate injection.
- In September 2022, Becton Dickinson & Company (BDX) introduced a new glass-filled top syringe specifically for vaccines. This innovation has enhanced the specifications for design, optical quality, contamination prevention and overall integrity.
Prefilled Syringes Key Market Trends
- Transition to Polymer-Based Prefilled Syringes: Traditionally glass has been the preferred material for prefilled syringes, due to its inertness and compatibility with a wide range of chemicals but polymer-based prefilled syringes are gaining popularity. Polymeric materials such as cyclic olefin polymers (COP) and cyclic olefin copolymers (COCs) increase strength and reduce the risk of contamination from glass breakage. These materials are particularly useful for biologics and complex pharmaceuticals requiring accurate and robust quantification. The trend toward polymer-based syringes is expected to increase as pharmaceutical companies seek safer and more durable products than glass.
- Increased Focus on Self-administration and Home Health Care: As healthcare systems around the world emphasize patient-centered care and cost reduction, injection drug delivery is increasingly. Prepackaged medication packages designed for ease of use and accurate dosing are the preferred option for patients dealing with chronic conditions such as diabetes or autoimmune diseases. The need for this trend will be greater as home healthcare systems are increasingly adopted. The transition to self-medication is expected to lead to a demand for efficiency prefilled syringe systems with advanced safety features.
Prefilled Syringes Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Prefilled Syringes Market Analysis, The market for prefilled syringes is anticipated to grow as a result of factors like expanding self-care device usage, benefits of prefilled syringes, and strong demand for better injection safety. Prefilled syringes make injections rapid, accurate, and safe for patients and healthcare professionals. Prefilled syringes have experienced the fastest rise among unit dose medication options as the pharmaceutical industry searches for novel and more useful drug delivery methods.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 6.8 billion |
| Market size value in 2031 | USD 16.84 billion |
| Growth Rate | 10.60% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Prefilled Syringes Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Prefilled Syringes Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Prefilled Syringes Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Prefilled Syringes Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Prefilled Syringes Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Prefilled Syringes Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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