New York, Global Prefilled Syringes Market Report by Global Insight Services is the single and trusted source of information for the Prefilled Syringes Market. This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.
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Prefilled syringes are medical devices that are pre-filled with a specific amount of medication and are designed for single-use. They are commonly used to administer injectable medications, such as insulin, and are an alternative to traditional syringes that must be filled with a medication prior to each use.
Key Players
The key players in the prefilled syringes market are Gerresheimer AG, SCHOTT AG, West Pharmaceutical Services, Inc., Vetter Pharma International, Stevanato Group, Terumo Corporation, Catalent, Inc., Weigao Group, SHL Medical AG, and Oval Medical Technologies Ltd.
Key Drivers
The major drivers for the market are the increasing preference for self-administration of drugs, rising prevalence of chronic diseases, and the growing demand for biologics and biosimilars.
The increasing preference for self-administration of drugs is a major driver for the prefilled syringes market. Self-administration of drugs allows patients to take their medication at their convenience and reduces the burden on healthcare professionals.
The rising prevalence of chronic diseases is another driver for the market. Chronic diseases such as cancer, diabetes, and cardiovascular diseases are on the rise globally, and the number of patients with these diseases is expected to continue to grow. The increasing prevalence of chronic diseases is expected to drive the demand for prefilled syringes, as they are commonly used to administer drugs to patients with chronic diseases.
The growing demand for biologics and biosimilars is another driver for the prefilled syringes market. Biologics are complex drugs that are derived from living cells and are used to treat a variety of diseases. Biosimilars are similar to biologics, but are not identical.
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Market Segmentation
The prefilled syringes market is segmented on the basis of material, application, and region. Based on material, the market is categorized into glass-based and plastic-based. Depending on application, it is fragmented into anaphylaxis, rheumatoid arthritis, diabetes, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and rest of the world.
Key Trends
The key trend in prefilled syringes technology is the development of needle-free prefilled syringes. These needle-free prefilled syringes are designed to minimize the risk of needle stick injuries and to provide a more comfortable injection experience for patients. In addition, needle-free prefilled syringes can also help to reduce the risk of cross-contamination.
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