The global prefilled syringes market was valued at US$ 13.6 Bn in 2021 and is projected to advance at a CAGR of 10.1% from 2022 to 2031. The global prefilled syringes market is anticipated to reach more than US$ 35.7 Bn by the end of 2031
Global Prefilled Syringes Market Introduction
Prefilled syringe is a disposable syringe that already contains the substance to be injected. Prefilled syringe has emerged as one of the most convenient drug delivery methods in the last few years. It is one of the rapidly growing options for unit dose delivery. Plastic disposable syringes have ushered in a revolution in the healthcare industry. Introduction of sterile, prefilled syringes that allow safe self-administration of injectable drugs without the need for hospitalization is driving the prefilled syringes market.
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Chronic diseases, such as type 1 diabetes, are becoming more common in large populations around the world. Patients with type 1 diabetes receive insulin intravenously on a regular basis to control their blood sugar levels. Prefilled syringes can make self-administration more convenient and viable due to their ease of usage. According to the International Diabetes Federation, approximately 537 million adults (20-79 years) had diabetes in December 2021, and approximately 6.7 million deaths occurred globally due to diabetes in 2021.
Preference for Self-administrable Devices Bolstering Demand for Prefilled Syringes
Rise in incidence and prevalence of chronic and lifestyle diseases worldwide is a major driver of the prefilled syringes market. Furthermore, demand for self-injection devices, such as saline syringes, is increasing owing to the convenience and safety associated with their usage. Diabetes affected 436 million individuals worldwide in 2019 (prevalence 9.3%). By 2045, the number is projected to climb to 700 million (prevalence 10.9%). Additionally, more than 1.1 million children and teenagers have type 1 diabetes (Source: International Diabetes Federation).
Reduction of Overfill Waste and Mitigation of Risk of Misuse Augmenting Prefilled Syringes Market
Introduction of needlestick safety-equipped devices, advanced lubrication technology, and the type of multi-chamber syringes are all major technological developments in the syringe industry. Widespread usage of prefilled syringes has enabled pharmaceutical companies to reduce drug waste, while also increasing product lifespan. Prefilled syringes are regarded as the best method for storing medications, as they promote self-administration, reduce overfill waste, and mitigate the risk of misuse. This benefits patients, healthcare practitioners, and manufacturers in equal measure.
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Increase in Cases of Needlestick Injuries Propelling Demand for Safety Syringes
In terms of type, the safety syringes segment is projected to dominate the global market with 77% share by 2031. Safety syringes have removable or permanently connected needles as well as an internal safety device. Several countries have passed laws mandating the usage of safety syringes. Safety syringes are being used in order to reduce needlestick injuries. Several hospitals, diagnostic centers, and general practitioners employ safety prefilled syringes for drug delivery, as these offer less overfills and better safety to patients.
Technological Advancements in Single Chamber Prefilled Syringes
Prefilled syringes are available in various designs. These include single chamber prefilled syringes, dual chamber prefilled syringes, and multiple chamber prefilled syringes. Based on design, the single chamber segment dominated the global market with around 70% share in 2021. Single-chamber prefilled syringes are used for injecting prefilled vaccine products and biological or pharmaceutical products. They are available at various sales channels such as hospital pharmacies, retail pharmacies, and online pharmacies. Major companies offering single-chamber prefilled syringes are focusing on developing technological solutions for the single-chamber prefilled syringe market. Demand for dual chamber prefilled syringes is also increasing at a steady pace across the globe. This is estimated to augment the dual chamber prefilled syringes market during the forecast period.
Regional Outlook of Global Prefilled Syringes Market
North America dominated the global prefilled syringes market in 2021. The market in the region is anticipated to grow at a CAGR of 6.8% from 2022 to 2031 due to the increase in research and development activities in research labs and pharmaceutical companies; and government initiatives for various vaccination programs. Furthermore, the prefilled syringes market in North America is expected to be driven by the increase in adoption of safety prefilled syringes and emphasis on needlestick injury prevention.
The market in Asia Pacific is growing at a rapid pace owing to the increase in rate of diabetes, infectious diseases, and cancer. This is driving the demand for specific treatments, which in turn is augmenting the demand for prefilled syringes. Furthermore, technological advancements and product launches in Asia Pacific, particularly in Japan (Daikyo-Crystal Zenith) and China; and improved reimbursement policies are propelling the prefilled syringes market in Asia Pacific. The Government of China’s health care reforms, favorable regulatory environment, increase in pharmaceutical development, aging population, healthcare innovations, and presence of the highest number of diabetic patients in the country are also propelling the market in the region.
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Key Developments in Global Prefilled Syringes Market
- In September 2022, Owen Mumford Pharmaceutical Services, a company of Owen Mumford Ltd., received approval for a combination product in Asia for its safety device named 1mL UniSafe for pre-filled syringes. 1mL UniSafe has also received regulatory approval in Europe. The medicine is currently available in the market as a combination product with a rheumatoid arthritis drug.
- In October 2021, West Pharmaceutical Services, a global leader in innovative solutions for injectable drugs and healthcare products, announced its latest offering for the domestic market in India with the launch of NovaGuard SA Pro Safety System, a single-use accessory for prefilled ISO standard 0.5mL staked needle syringes
Analysis of Key Players in Global Prefilled Syringes Market
The global prefilled syringes market report concludes with the company profiles section, which includes information about key players in the global prefilled syringes market.
Leading players analyzed in the report are –
- Braun Melsungen AG
- Baxter International, Inc.
- Dickinson and Company (BD)
- Catalent, Inc.
- Elcam Medical
- Gerresheimer AG
- Nipro Corporation
- SCHOTT AG
- Terumo Corporation
- Vetter Pharma
- Weigao Group
- West Pharmaceutical Services, Inc.
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