Prefilled Syringes Market Opportunities by Types, Demand, Top Manufactures and Application in Grooming Regions

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Prefilled syringes market is expected to attain a size of $7.5 billion by 2023, according to P&S Intelligence. 
Increasing demand for injectable pharmaceutical products, advanced applications of combination therapies for the management of diseases, rising prevalence of chronic and lifestyle associated diseases, benefits of prefilled syringes over traditional vial and syringe packaging systems, and technological advancements in syringes are the major factors driving the growth of the prefilled syringes market globally.

Prefilled syringe drug delivery systems are frequently used in the treatment of diabetes, rheumatoid arthritis, anaphylaxis, and other diseases, such as multiple sclerosis, anemia, and psoriasis. The application of prefilled syringes for diabetes is expected to lead the global market, advancing at a CAGR of 9.0% during the forecast period. Increasing prevalence of diabetes across the world is the key factor contributing in the growth of the prefilled syringes market. This is substantiated by the fact that, according to the World Health Organization (WHO), the prevalence of diabetes among adults over 18 years of age has risen from 4.7% in 1980 to 8.5% in 2014, globally.

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 During the forecast period, the prefilled syringes market is forecasted to witness the fastest growth in APAC, at a CAGR of 9.6%. This growth is attributed to the rising geriatric population, and surge in the prevalence of different chronic diseases in the region. According to the UN publication, World Population Aging Report 2017, the population aged 60 years and above is expected to increase from 10.0% in 2010 to approximately 25.0% by 2050. This increase in the aging population is expected to create high demand for prefilled syringes, to eliminate the occurrence of various chronic diseases among the aged population.

Moreover, China is expected to observe significant growth in the APAC prefilled syringes market, owing to the presence of large number of local players and growing geriatric population in the country. Moreover, various immunization programs implemented by the Chinese government is also contributing to the growth of market. For instance, the Chinese government implemented Polio Endgame Strategic Plan 2013–2018 to eliminate measles, and minimize hepatitis B cases in the country. Due to increasing immunization programs implemented by the government officials in China, there is a high demand for syringes in the country.

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The companies operating in the prefilled syringes industry are getting government approvals for various drugs used in syringes to increase their market share. For instance, in August 2018, Bristol-Myers Squibb Company received United States Food and Drug Administration (USFDA) approval for Opdivo (nivolumab), as the first and only Immuno-Oncology treatment option for patients with metastatic small cell lung cancer (SCLC), whose cancer has progressed after platinum-based chemotherapy.
  
Some of the other key players operating in the prefilled syringes industry are Becton, Dickinson and Company, Eli Lilly and Company, Amgen Inc., Baxter International Inc., Bayer AG, Pfizer Inc., F. Hoffman-La Roche AG, and Novartis AG.

GLOBAL PREFILLED SYRINGES MARKET SEGMENTATION
By Material
•              Glass
•              Plastic

By Design
•              Single-Chamber
•              Dual-Chamber
•              Customized

By Application
•              Diabetes
•              Rheumatoid Arthritis
•              Anaphylaxis
•              Others

By Geography
•              Europe Prefilled Syringes Market
o              By material
o              By design
o              By application
o              By country
              Germany prefilled syringes market
              By material
              By design
              By application
              France prefilled syringes market
              By material
              By design
              By application
              U.K. prefilled syringes market
              By material
              By design
              By application
              Italy prefilled syringes market
              By material
              By design
              By application
              Spain prefilled syringes market
              By material
              By design
              By application
•              North America Prefilled Syringes Market
o              By material
o              By design
o              By application
o              By country
              U.S. prefilled syringes market
              By material
              By design
              By application
              Canada prefilled syringes market
              By material
              By design
              By application
•              Asia-Pacific (APAC) Prefilled Syringes Market
o              By material
o              By design
o              By application
o              By country
              Japan prefilled syringes market
              By material
              By design
              By application
              China prefilled syringes market
              By material
              By design
              By application
              India prefilled syringes market
              By material
              By design
              By application
              Australia prefilled syringes market
              By material
              By design
              By application
              New Zealand prefilled syringes market
              By material
              By design
              By application
•              Latin America (LATAM) Prefilled Syringes Market
o              By material
o              By design
o              By application
o              By country
              Brazil prefilled syringes market
              By material
              By design
              By application
              Mexico prefilled syringes market
              By material
              By design
              By application
•              Middle East and Africa (MEA) Prefilled Syringes Market
o              By material
o              By design
o              By application
o              By country
              South Africa prefilled syringes market
              By material
              By design
              By application
              Saudi Arabia prefilled syringes market
              By material
              By design
              By application

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