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The global prefilled syringes market was valued at USD 7.92 Billion in 2023, driven by the increasing prevalence of diabetes and arthritis across the globe. It is expected to grow at a CAGR of 9.80% during the forecast period of 2024-2032 and attain a market value of USD 18.37 Billion by 2032.
Base Year
Historical Year
Forecast Year
Pre-filled syringes offer benefits such as precision, ease of use, and security. The increase in the biologics market is driving their popularity. In addition, they provide advantages for customers, suppliers, and drug producers, simplifying the process of medication delivery and boosting their market value significantly.
Increasing Prevalence of Diabetes and Arthritis to Drive the Market Growth
Increasing diabetes and arthritis cases are driving the growth of the market. In January 2024, a SingleCare report disclosed that there are around 350 million global arthritis cases reported annually. By 2040, it is projected that 78 million U.S. adults will have arthritis, leading to a rise in the utilization of pre-filled syringes for safety. Similarly, the increasing incidence of diabetes due to unhealthy dietary habits and the adoption of a sedentary lifestyle are also boosting the demand for prefilled syringes.
Advancements in Biopharmaceuticals to Boost Prefilled Syringes Market Demand
Progress in biopharmaceuticals is fueling a rise in demand for prefilled syringes in the market. Several prefilled syringe medications are receiving approvals to be marketed. For instance, in July 2024, the FDA approved Genentech's Vabysmo Prefilled Syringe, the first bispecific antibody in a prefilled syringe for retinal conditions, demonstrating advancements in drug delivery.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Material
Market Breakup by Design
Market Breakup by Application
Market Breakup by Region
Market Segmentation Based on the Type to Witness Growth
By type, the market is divided into conventional prefilled syringes and safety prefilled syringes. Conventional prefilled syringes are further bifurcated into disposable and reusables. Disposable syringes are crucial for safe drug administration and testing, leading to an increase in their demand. Reusable syringes, also hold a significant share of the market, offering cost-saving benefits by reducing production requirements through recycling.
Based on region, the market report covers North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America, particularly the United States and Canada, dominates the market due to a focus on preventing needlestick injuries. Asia-Pacific is the fastest-growing region, with the development of healthcare infrastructure driving market expansion. The Japanese market is expected to grow significantly in the forecast period.
The key features of the market report include patent analysis, grant analysis, funding, and investment analysis as well as strategic initiatives by the leading players. The major companies in the market are as follows:
In September 2022, Becton, Dickinson and Company, an American multinational medical technology firm, launched the effivax™ glass prefillable syringe to enhance vaccine distribution efficiency and address the worldwide need for biopharmaceutical syringes.
Gerresheimer AG, a Düsseldorf-based German company, focuses on primary packaging for pharmaceuticals and cosm...
Schott AG, a glass company based in Mainz, Germany, specializes in glass-ceramics. In May 2023, they launched ...
Terumo Corp (Terumo) is a company specialising in medical technology. The main tasks involve producing and sel...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the market are West Pharmaceutical Services, Inc., Nipro Corporation, AptarGroup, Inc., Catalent, Inc., Stevanato Group, and Weigao Medical International Co., Ltd.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Material |
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Breakup by Design |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Supplier Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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