Exclusive Analysis by MarketResearchFuture.com of Global Prefilled Syringes Market Research Report 2018 to 2024, with respect to region specific market growth and competitive analysis on the basis of major players present in the market. Detail analysis on possible segments and sub segments of the market. Provide country level analysis of the market with respect to the current market size and future prospective.
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Prefilled Syringes – Market Snapshot
The healthcare sector’s persistent efforts to improve care giving has brought in relentless transformation in how modern medical apparatus function. For many years, syringes have been an important medical instrument and their significance is only expected to grow further in the years to come. Pre-filled syringes, in particular, have gained a strong momentum owing to their superior functionality and cutting-edge features. Increased focus on improving safety standards, efficiency and reducing cost has made a positive influence on the scope of medical instruments such as the pre-filled syringe. Factors as such have ushered growth for the global pre-filled syringe market. In 2017, this market was valued at over USD 4200 Mn. The market is expected to find substantial growth opportunities in regions such as Asia Pacific, LatAm and MEA as these region’s now shift towards healthcare models that focus on delivering medical care to areas that were previously untapped.
This report offer an in-depth analysis of the global pre-filled syringes market. It delivers an extensive examination of all the key parameters that are making an impact on the market scenario. Report users will come across key drivers, restrains and trends that are expected to influence the growth of the market segments discussed in the report. For revenue estimation and market sizing, a segmental analysis of pre-filled market on the basis of material, type, design, end-user and region has been conducted.
Abbott, Gerresheimer AG, Baxter, West Pharmaceutical, Vetter Pharma International GmbH, Schott AG, etc.
Global Pre-filled Syringes Market: Segmental Analysis
The global pre-filled syringes market has been segmented on the basis of product design, material, type, end user. Based on design, market is segmented into single-chamber prefilled syringes, dual-chamber prefilled syringes, and customized prefilled syringes. In 2017, the single-chamber prefilled syringes segment accounted for more than 50% share of the market and is expected to remain highly lucrative throughout the assessment period. The widespread availability of single-chamber prefilled syringes and their design simplicity can be attributed to the segment’s outright dominance. By materials, the market is segmented into glass prefilled syringes and plastic prefilled syringes. Currently, the glass prefilled syringes segment command for a greater share of the market however, the plastic syringes are likely to outperform the glass variants in the forthcoming years. Plastic prefilled syringes are gaining acceptance due to their ability to overcome the disadvantages present in glass prefilled syringes such as the low adhesion properties, and risk migration of breakage. By type, the market is segmented into conventional prefilled syringes and safety prefilled syringes. Among these, the conventional prefilled syringes segment accounted for nearly 68% of the share for the market in 2017.
Global Pre-filled Syringes Market: Regional Analysis
In 2017, Europe accounted for more than 40% share of the market and is estimated to retain its dominance in 2018 and beyond. This is attributable to factors such as the rising geriatric population in the region, demand for quality healthcare, growing trend of home-based treatment coupled with high healthcare expenditure. Meanwhile, North America and South America collectively represent the second largest market for pre-filled syringes. Over the years, the prevalence of chronic disease has increased across the region, which can be linked with the extended demand for medical devices such as pre-filled syringes in North America. Meanwhile, the market in Asia Pacific (APAC) is expect to exhibit a fast growth as local policy makers are increasing their efforts to improve the healthcare systems.
Some of the top companies operating in the global market for pre-filled syringe include Schott AG, TERUMO CORPORATION, Nipro Corporation, Baxter, West Pharmaceutical, Vetter Pharma International GmbH, Gerresheimer AG, Medtronic, OMPI (A Stevanato Group Company), Abbott, Becton, Dickinson and Company and Weigao Group.
Major TOC of Prefilled Syringes Market Research Report – Forecast to 2023:
1 Report Prologue
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Prefilled Syringes Market, by Material
7 Global Prefilled Syringes Market, by Type$
8 Global Prefilled Syringes Market, by Design
9 Global Prefilled Syringes Market, by End-User
10 Global Prefilled Syringes, by Region
11 Competitive Landscape
12 Company Profiles
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