Prefilled Syringes Market to exceed value of US$ 35.7 Bn by 2031, TMR Study

2022-07-29 23:53:01 By : Ms. Wendy Wang

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WILMINGTON, Del. , July 26, 2022 /PRNewswire/ -- The prefilled syringes market is projected to expand at a CAGR of 10.1% for the forecast period from 2022 to 2031. Factors such as growing home medical care, rising prevalence of chronic diseases, increase in use of injectable medications, and advantages over conventional vials are fuelling the growth of prefilled syringes market.

Emergence of prefilled syringe as one of the most convenient drug delivery methods underpins transformation of the self-medical care scenario. Introduction of sterile, prefilled syringes that allows safe self-administration of injectable drugs without the need for hospitalization to sway prefilled syringes market outlook. Furthermore, product advancement wherein pen injectors and autoinjectors are integrated with prefilled syringes for patient convenience to accentuate demand.

Demand for self-injection devices such as saline syringes that offer convenience and safety for the rising prevalence of chronic and lifestyle diseases is expected to influence the prefilled syringes market size in the future. For example, prevalence of diabetes is estimated to increase to 700 million by 2045 from 466 million in 2019, which will create sizeable demand for prefilled syringes.

Critical advantages to store medication, promote self-administration, mitigate risk of misuse, and reduce waste label prefilled syringes as best method to store medication. These attributes are beneficial for patients, healthcare practitioners, and manufacturers alike.

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Prefilled Syringes Market – Key Findings of the Report

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Prefilled Syringes Market – Growth Drivers

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Prefilled Syringes Market – Key Players

Some of the key players operating in the prefilled syringes market are;

The prefilled syringes market is segmented as follows;

Prefilled Syringes Market, by Type

Prefilled Syringes Market, by Design

Prefilled Syringes Market, by Material

Prefilled Syringes Market, by Application

Prefilled Syringes Market, by Distribution Channel

Prefilled Syringes Market, by Region

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