Safety Prefilled Syringe System Market Emerging Trends, Demand,...

Safety Prefilled Syringe System Market Emerging Trends, Demand, Growth by Key Players and Forecast 2027

Posted 2024-01-08 07:09:09

Overview of the Global Safety Prefilled Syringe System Market: In 2019, the global safety prefilled syringe system market exhibited a substantial market size, and significant expansion is anticipated by 2027, marked by rapid revenue growth during the forecast period. Industry analysis highlights a notable increase in demand for safety prefilled syringe systems across various applications, driven by evolving market trends and consumption patterns. These factors are expected to continue supporting both industry and market growth.

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Prefilled syringes, single-dose packets of vaccines with fixed needles, have witnessed a shift from glass to plastic and disposable syringes in recent years. This transition has heightened the demand for safety prefilled syringes in the medical industry, providing an easy, accurate, and secure injection method for patients and healthcare professionals. The convenience of drug delivery, compatibility with safety devices and auto-injection systems, and the ability for patients to self-administer injectable drugs at home contribute to the increasing popularity of prefilled syringes. The global market for safety prefilled syringe systems has experienced significant revenue growth, and this trend is expected to persist in the coming years, with established players capturing a larger market share.

Dynamics of the Global Safety Prefilled Syringe System Market: The growth of the global safety prefilled syringe system market is fueled by the rising adoption of self-care devices and a heightened demand for improved safety injectables. Advances in the biopharmaceutical industry, seeking to minimize the loss of potency during the transfer of biopharmaceuticals, contribute to the increased use of safety prefilled syringes. However, regulatory constraints on plastic syringe production, driven by environmental concerns related to plastic products, pose a challenge to market growth.

Regional Landscape of the Global Safety Prefilled Syringe System Market: The European market dominates the global safety prefilled syringe system market in terms of revenue share, attributed to the increasing demand for safety prefilled syringes and the presence of major market players such as Hergesheimer AG and Schott Group. The Asia Pacific market is anticipated to exhibit significant growth, particularly in China and India, contributing to a higher revenue share in the region compared to other countries.

Key Players in the Global Safety Prefilled Syringe System Market:

BD
Gerresheimer
Nipro Corporation
Schott
Stevanato
Baxter BioPharma Solution
Rovi CM
Terumo
Vetter
Catalent
Taisei Kako
Roselabs Group
West Pharma
Weigao Group Medical Polymer
Zibo Minkang Pharmaceutical

Regions Covered:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Report Highlights:

Changing dynamics of the safety prefilled syringe system market
Segmentation of the safety prefilled syringe system market
Regional landscape of the safety prefilled syringe system market
Evaluation of the safety prefilled syringe system market based on present and past data
Historical, present, and projected safety prefilled syringe system market in terms of volume and value
Recent trends and developments in the safety prefilled syringe system market
Competitive landscape
Strategies adopted by key players and products offered by them

Segmentation of the Global Safety Prefilled Syringe System Market: This report provides forecasts for the safety prefilled syringe system market at the global, regional, and country levels, analyzing trends in each segment from 2017 to 2027.

By Material (Revenue, USD Million; 2017–2027):

Glass-based
Polymer-based

By Application (Revenue, USD Million; 2017–2027):

Antithrombotics
Vaccines
Autoimmune Diseases

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