Prefilled Syringes Market By Type (Disposable Prefilled Syringes, Reusable Prefilled Syringes) By Application (Anaphylaxis, Rheumatoid Arthritis, Diabetes, Others) and By Region - Global Forecast To 2026

Prefilled Syringes Market Overview:

The Prefilled Syringes Market was valued at $5.3 billion in 2021 & is projected to reach $12.6 billion by 2026. It is expected to grow at an 11.2% CAGR between 2021 and 2026.

The Prefilled Syringes Market Report offers in-depth insights, revenue details, and other vital information regarding the global prefilled syringes market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026.

The Prefilled Syringes Market report also offers insightful and detailed information regarding the various key players operating in the global prefilled syringes industry, and their financials, apart from strategies, acquisitions & mergers, and market footprint.

The global prefilled syringes market report has been segmented on the basis of type, material, design, application, and region.

A syringe basically consists of a plunger and a cylindrical tube called a barrel. Open-end of the syringe can have a needle or tubing attached to direct flow into and out of the barrel.

Syringes are used to administer various types of drugs into the bloodstream of an individual. Prefilled syringes are basically ready-to-use pharmaceutical products.

They are disposable syringes that contain liquid or substance that is to be administered to a patient prefilled.

These are primarily used to deliver an accurate dose of drugs to a patient and are particularly useful when an individual is suffering from long-term conditions where-in self-administration of medication becomes necessary.

The global prefilled syringes market growth is driven by industry players focusing intensely on research and development of new, easy-to-use, and cost-effective prefilled syringes, coupled with the increasing availability of complex biological compounds that can be injected directly into a patient's body.

Global Prefilled Syringes Market Dynamics:

High prevalence coupled with increasing incidence of diabetes and increasing preference for self-administered drugs and vaccines among individuals in developed and developing economies are major factors driving the growth of the global prefilled syringes market.

In addition, the presence of a large patient population in emerging economies, growing demand for single-use and disposable syringes, and technological developments in prefilled syringes are other major factors anticipated to fuel the growth of the global prefilled syringes industry over the forecast period.

However, the availability of substitutes for prefilled syringes in the market such as nano-patches, is a key factor restraining the growth of the global prefilled syringes industry.

Additionally, product recalls owing to leakages and the presence of certain impurities in prefilled syringes are other factors expected to hamper the growth of the global prefilled syringes market over the forecast period.

Moreover, developments in minimally invasive and non-invasive forms of drug administration in recent years are another factor projected to limit the growth of the global prefilled syringes market to a significant extent.

Growing adoption of self-injection devices among individuals in developed and developing economies owing to its easy-to-use and cost-effective nature is a major trend being witnessed in the global prefilled syringes market.

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Market Analysis by Prefilled Syringes Type:

On the basis of type segmentation, the disposable prefilled syringes segment is expected to account for a major revenue share in the global market and is projected to register a CAGR of over 10%, in terms of revenue over the forecast period, owing to high preference for these types of prefilled syringes among individuals for self-administration and disposable prefilled syringes being cost-effective as compared to that of reusable prefilled syringes.

Moreover, the disposable prefilled syringe segment in the global prefilled syringes market is projected to maintain its dominant revenue contribution in the global market over the forecast period.

The reusable prefilled syringes segment is anticipated to expand with the highest CAGR of over 11%, as compared to that of the disposable prefilled syringes segment, and account for a revenue share contribution of approximately 17% in the global prefilled syringes market in 2025.

Market Analysis by Prefilled Syringes Material:

The glass prefilled syringe segment dominated the global prefilled syringe material segment in revenue terms, accounting for the highest revenue share and registering a CAGR of over 9% during the forecast period 2017 & 2026.

It is further projected to maintain its dominant revenue contribution over the forecast period, owing to individuals and healthcare professionals' high preference for glass prefilled syringes.

Also, technological advancements in inspection procedures for glass prefilled syringes and advances in manufacturing processes are other factors anticipated to fuel growth for the glass prefilled syringe segment over the forecast period.

The plastic prefilled syringe segment is projected to register the highest CAGR of over 11%, compared to the glass prefilled syringe segment over the forecast period.

This can be attributed to developments in plastic prefilled syringes, especially in the type of plastic polymers used to manufacture plastic prefilled syringes.

Market Analysis by Prefilled Syringes Design:

On the basis of design segmentation, the single-chamber prefilled syringes segment is expected to account for a major revenue share in the global market and is projected to register a CAGR of over 10%, in terms of revenue over the forecast period, owing to high preference and easy availability of single-chamber prefilled syringes and these type of syringes being cost-effective as compared to that of dual-chamber prefilled syringes.

Moreover, the single-chamber prefilled syringe segment in the global prefilled syringes market is projected to maintain its dominant revenue contribution in the global market over the forecast period.

The dual-chamber prefilled syringes segment is anticipated to expand with a CAGR of over 9%, among the design segments in the global prefilled syringes industry.

It is further estimated to account for a revenue share contribution of approximately 21% in the global prefilled syringes market in 2024.

Market Analysis by Prefilled Syringes Application:

The diabetes segment in the prefilled syringes application segment accounted for a major revenue contribution in the global prefilled syringes market and is anticipated to expand registering a CAGR of over 10% during the forecast period 2017 & 2026.

 This can be attributed to the high prevalence of diabetes across the globe and the increasing preference for self-administration of insulin by the use of prefilled syringes by individuals.

Moreover, the easy availability of prefilled syringes for diabetic patients is another factor anticipated to aid the growth of the diabetes segment to a significant extent.

The rheumatoid arthritis segment accounted for the second-highest revenue share among the other application segments in the global prefilled syringes industry.

It is closely followed by the others and anaphylaxis segments in terms of revenue contribution.

Market Analysis by Prefilled Syringes Region:

The European market dominated the global prefilled syringes market in revenue terms and is estimated to account for the largest market revenue share of US$ 1,489.0 million in 2017 as compared to that of markets in other regions.

It is further expected to maintain its dominant revenue contribution in the global prefilled syringes industry over the forecast period.

This can be attributed to the increasing incidence of chronic diseases, the high adoption rate of prefilled vaccines, and favorable government policies for manufacturing and distribution of prefilled syringes in countries in the region.

The North American market is expected to account for the second-highest revenue share in the global prefilled syringes market, with an estimated value of US$ 1,139.5 million in 2017.

This is attributed to the high prevalence rate coupled with the increasing incidence of chronic diseases, technological advancements in prefilled syringes, and high adoption of prefilled syringes for self-administration of insulin by an increasing consumer base of diabetics in countries in the region.

The market in the Asia Pacific is projected to register a double-digit CAGR of around 10%, which is relatively higher than that of markets in other regions.

High prevalence of diabetes, increasing aging population, rising adoption of prefilled syringes, and growing demand for medication that can be self-administered by individuals in emerging economies such as China and India are factors expected to create high potential growth opportunities for players operating in the Asia Pacific market over the forecast period.

Moreover, markets in Latin America and Middle East & Africa are also projected to witness moderate growth over the forecast period due to the increasing prevalence of lifestyle-related diseases, obesity, and diabetes.

Market Segmentation:

Global prefilled syringes market segmentation by type:

• Disposable prefilled syringes
• Reusable prefilled syringes

Global prefilled syringes market segmentation by material:

• Glass prefilled syringes
• Plastic prefilled syringes

Global prefilled syringes market segmentation by design:

• Single-chamber
• Dual-chamber

Global prefilled syringes market segmentation by application:

• Anaphylaxis
• Rheumatoid Arthritis
• Diabetes
• Others

Global prefilled syringes segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa