Pre-filled Syringes Market Trends – Growing Demand for Pre-filled Syringes in COVID-19 VACCINES
CANADA, BC, VANCOUVER, Dec. 26, 2021 /EINPresswire.com/ – The global pre-filled syringe market will be worth $ 9.11 billion by 2027, according to current analysis from Emergen Research. The growth of this market can be attributed to the increasing prevalence of chronic diseases, such as rheumatoid arthritis, diabetes, and other autoimmune diseases. The increasing demand for biologic drugs is expected to drive the market growth during the forecast period. The report offers holistic coverage of the Prefilled Syringes market, with an emphasis on key factors influencing industrial growth, technological developments taking place in the industry, and current and emerging trends observed in key regional markets. The report accurately offers information about the supply-demand ratio and the production and consumption volume of each segment. It also studies the supply chain disruption and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Pre-filled Syringes market.
Highlights of the report
In October 2019, Becton, Dickinson and Company launched a two-step disposable auto-injector named BD Intevia ™ 1ml. The device can combine a pre-filled syringe and an auto-injector into a single integrated system.
Disposable pre-filled syringes held the largest market share of 59.5% in 2019 as home care facilities and hospitals increasingly use them.
The Plastic segment is expected to grow with the fastest CAGR of 9.0% during the forecast period owing to increasing investment in plastic syringe R&D by manufacturers.
The Diabetes segment accounted for the largest market share in 2019 due to the increasing adoption of self-injection devices in diabetic patients.
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The new report is updated with the impact of the COVID-19 pandemic on the Pre-filled Syringes market. It analyzes the impact of the pandemic with respect to the economic landscape and government regulations in each region. The report bifurcates the Prefilled Syringes market on the basis of different types of products, applications, end-user industries, and key regions of the world where the market has already established its presence.
Furthermore, the report covers the analysis of major players in the industry with special emphasis on their global position, financial status, and recent developments. Porter’s five forces analysis and SWOT analysis have been covered by the report to provide insightful data on the competitive landscape. The growing adoption of convenient self-injection devices is expected to fuel the demand for pre-filled syringes. Increased investment in research and development for the launch of new innovative pre-filled syringe technologies is expected to fuel industry growth during the forecast period. In addition, the emergence of technologically advanced injection pens and auto-injectors has increased the growth of the industry.
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Emergen Research has segmented the global pre-filled syringe market on the basis of type, material, application, distribution channel, and region:
Type Outlook (Revenue, Billions USD; 2017-2027)
Material Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Ambulatory surgery centers
Mail order pharmacies
Biotech and pharmaceutical companies
The Regional Landscape section of the Prefilled Syringes report offers a deeper insight into the regulatory framework, current and emerging market trends, production and consumption patterns, demand and supply dynamics, import / export and the presence of the main players in each region.
The different regions analyzed in the report include:
North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
The report authors put in place a set of analytical tools, such as SWOT analysis, Porter’s five forces analysis, feasibility analysis, and ROI analysis, to provide strategic recommendations. to new entrants on how to overcome entry barriers. The report additionally presents a comprehensive analysis of the key elements of the Pre-filled Syringes market that are influencing its growth over the anticipated period. These vital elements include the main drivers, constraints, opportunities, limitations, threats and micro and macroeconomic factors.
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Chapter 1. Methodology and sources
1.1. Market definition
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2019-2027
Chapter 3. Key information
Chapter 4. Prefilled Syringe Market Segmentation and Impact Analysis
4.1. Material segmentation analysis of the pre-filled syringe market
4.2. Industrial outlook
4.2.1. Market indicators analysis
4.2.2. Market Driver Analysis
18.104.22.168. Increase in the geriatric population
22.214.171.124. Growing demand for easy-to-use drug delivery devices
126.96.36.199. Increase investments in technological advances
188.8.131.52. Advances in the biopharmaceutical industry
4.2.3. Analysis of market constraints
184.108.40.206. Adverse effects of plastic products on the environment
220.127.116.11. Limited production of plastic syringes
18.104.22.168. Present difficult economic conditions due to the pandemic
4.3. Technological insights
4.4. Regulatory framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact assessment
Key Objectives of the Global Prefilled Syringe Market report:
A comprehensive analysis and forecast estimate of the market has been included in this report.
The report offers valuable information on key drivers, limitations, opportunities, and challenges facing the global Prefilled Syringes market and its major players.
The report throws light on the major competitors in the market along with their long-term business strategies and expansion plans.
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