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

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.