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Dual Chamber Prefilled Syringes Market To Reach USD 223.3 Million By 2028 CAGR of 7% | Reports And Data

December 30th, 2021 Reports and Data Releases

Growing demand for advanced devices to provide controlled drugs is a significant factor influencing growth of the market.

New York, December 30,2021 – The dual chamber prefilled syringes market is expected to be valued at USD 223.3 million by end of 2028 from a value of USD 130 million in 2020, expanding at a CAGR of 7% over the forecast period. Double-chamber syringes are designed as a drug and device combination product, which enables the reconstitution and administration of drugs in fixed doses. This growth of the market is attributable to the factors such as growing inclination toward lyophilized drugs, bio-based medicines across the globe, robust applications across administration of drugs, and demand for improved drug administration. Rising drugs administration activities along with growing adoption of dual chamber prefilled syringes for better administration is driving growth of its market.

Additionally, the rising government initiatives for penetration of dual chamber prefilled syringes in the form of regulatory norms to propel its adoption from end users such as hospitals and other home-based care facilities. These norms are fueling growth of the dual chamber prefilled syringes market. With use of such devices, the medical procedures save time of treatment and enhance comfort to end users including patients and caregivers are estimated to drive market growth over the forecast period.

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Key Findings from the Report

  • One of the key players, Otsuka America Pharmaceutical Inc.is focusing on countries in the Asia Pacific to generate its business.
  • The hemophilia segment hold the largest share in the overall dual chamber prefilled syringes market in 2020 and is projected to hold significant share over the forecast period. The segmental growth is attributable to the robust number of patients suffering from the diseases across the globe.
  • The glass segment hold the largest share in the overall dual chamber prefilled syringes market in 2020 and is projected to hold significant share over the forecast period. This growth of the segment is attributable to the growing its demand owing to benefits offered by material such as non-reactivity to different drugs.
  • The North America is projected to hold largest share in the global dual chamber prefilled syringes market and to retain over the forecast period. This growth is attributable to the aging population, coupled with medical device manufacturing capacity. Additionally, the factors such as increased health awareness among consumers, affordability of consumers, and increased per capita spending in the region is driving growth of the regional market.
  • Key players in the dual chamber prefilled syringes market are Gerresheimer AG, Nipro Corporation, Credence Medsystems, Vetter Pharma, Arte Corporation, and MAEDA INDUSTRY.

To know more about the report @ https://www.reportsanddata.com/report-detail/dual-chamber-prefilled-syringes-market

For the purpose of this report, Reports and Data has segmented the global dual chamber prefilled syringes market on the basis of type, product, platform, end user, and region:

By Material

  • Glass
  • Plastic

By Application

  • Liquid/Powder
  • Liquid/Liquid

By Product

  • <1 ml
  • 1 ml-2.5 ml
  • 2.5 ml-5.0 ml
  • >5.0 ml

By Indication

  • Hemophilia
  • Schizophrenia
  • Diabetes
  • Erectile Dysfunction
  • Endometriosis
  • Others

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By Region Outlook (Revenue, USD Billion; 2018-2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • MEA
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of LATAM

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Some points on how the report benefits stakeholders:

  • The reports include historical (2018–2020) and forecast (2021–2028) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
  • Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2028.
  • The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
  • The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
  • Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.
  • The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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