Increasing Use of Glass Prefilled Syringes to Aid the Growth of the Global Prefilled Syringes Market

Posted on 2019-04-09 by Mark Hub in Industrial, Retail // 0 Comments

Rockville, USA, 2019-Apr-09 — /EPR Network/ — Extensive research analysis associated with market valuation, applications, demand and sales of prefilled syringes has been covered in global prefilled syringes market, a new research report devised by Fact.MR recently. This research report gives a thorough analysis on the changing dynamics of the global market for prefilled syringes along with incisive insights on each market segment.

The research report on global prefilled syringes market includes insights on various aspects that drive the market, for instance, new trends, developments and factors that have aided the use of prefilled syringes thus fuelling their sales across regions. In addition, the research report also portrays major challenges faced by manufacturers of prefilled syringes, as well as restraints that have a negative influence on the growth of the global prefilled syringes market.

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According to Fact.MR analysis on prefilled syringes, the global market for prefilled syringes is anticipated to expand at a meteoric rate during the period of forecast. The global prefilled syringes market is poised to grow at a volume CAGR of 9.1% during the period of assessment, 2017-2026 and the sale of prefilled syringes across the globe is estimated to cross US$ 11 Bn by end of the year of assessment (2026).

Increasing Use of Glass Prefilled Syringes to Aid the Growth of the Global Prefilled Syringes Market

Prefilled syringes come in two types of material, namely plastic and glass. Glass prefilled syringes are a widely used drug injectable system for parenteral drugs owing to its compatible features, for instance, higher stability, oxygen permeability and non-reactive nature. However, the main challenge of glass prefilled syringes is their fragile nature. Glass prefilled syringes require high caution while storing or transportation, in the absence of which, loss of injectable drugs can take place. On the other hand, plastic prefilled syringes are also witnessing increased demand, with introduction of advanced plastic material that removes the chances of reaction of drug with inner walls of the syringe, thereby maintaining the pH level of the medicine.

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Sale of Prefilled Syringes in North America to Remain at the Forefront, as Compared to Other Regions

According to Prefilled Syringes West Coast Conference held in 2017, the use of prefilled syringes in North America have gained high demand with increasing need for safety, patient satisfaction and high quality. Counters in North America, especially the United States, are reflecting higher expenditure on injectable drug delivery systems, for instance development of composite polymer prefilled syringes. These syringes have high break resistance. In addition the needle is attached with use of insert molding procedure, thus eliminating the use of tungsten and glue, increasing their sterilization levels.

The research report on global prefilled syringes market has profiled many such key companies involved in the manufacturing of prefilled syringes, such as Unilife Corporation, Sterinova, SHL Group, NIPRO, Bespak, AptarGroup, West Pharmaceutical Services Inc., Vetter Pharma International GmbH, Stevanato Group, SCHOTT AG, Gerresheimer, Medtronic, Baxter International Inc., Terumo Medical Corporation and Becton Dickinson and Company.

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