The global Safety Prefilled Syringe System Market had a significant market size in 2019 and is expected to experience rapid revenue growth during the forecast period, with demand for safety prefilled syringe systems rising substantially. This is due to changing market trends and consumption patterns, and these factors are expected to continue to support industry growth and market growth over the forecast period.
Prefilled syringes are single-dose packets of vaccines with a fixed needle. In recent years, there has been a shift from glass syringes toward plastic and disposable syringes, which has fueled demand for safety prefilled syringes in the medical industry. These syringes make injections easy, accurate, and safe for both patients and doctors.
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Safety prefilled syringes are compatible with safety devices and auto-injection systems, and with the use of these syringes, pharmaceutical companies can minimize drug waste and expand product lifespan. Patients can also administer injectable drugs by themselves at home, offering a more convenient drug delivery method.
Key players in the 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
The growth of the global safety prefilled syringe system market is expected to be driven by factors such as increasing adoption of self-care devices and high demand for improved safety injectables. Advancements in the biopharmaceutical industry drive demand for safety prefilled syringes, as use of these syringes helps minimize the loss of potency during transfer of biopharmaceuticals to different containers. However, regulations imposed on the production of plastic syringes due to adverse effects of plastic products on the environment is a factor restraining the global safety prefilled syringe system market growth.
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Europe accounts for the largest revenue share in the global safety prefilled syringe system market, owing to rising demand for safety prefilled syringes and presence of major market players such as Hergesheimer AG and Schott Group in the region. Revenues from the Asia Pacific safety prefilled syringe system market are expected to grow at a significantly high rate over the forecast period, with a significantly higher revenue contribution from the market in China and India as compared to other countries in the region.
The 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 the present and past data collected, 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.
The report segments the global safety prefilled syringe system market based on material and application. By material, the market is segmented into glass-based and polymer-based, while by application, it is segmented into antithrombotics, vaccines, autoimmune diseases, and others. The report provides forecasts for the safety prefilled syringe system market at the global, regional, and country levels for the period from 2017 to 2027.
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