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Report Overview

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.

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

  • In May 2023, Schott Pharma launched a pre-filled syringe specifically designed for medications requiring storage in very cold temperatures. The launch of new products to facilitate easy access across difficult geographical locations will likely boost the value of prefilled syringes during the forecast period.
  • In July 2024, Roche's approval from the FDA for the prefilled Vabysmo syringe, enhancing convenience for retinal specialists. Such approvals, intended to offer enhanced solutions to the consumers are expected to fuel market growth in coming years.
  • The strong backing from health authorities such as the FDA and continued efforts in research and development are expected to increase the market value in the forecast period.

Prefilled Syringes Market Overview

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.

Prefilled Syringes Market Growth Drivers

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.

Prefilled Syringes Market Trends

Prefilled Syringes Market Segmentation

The market report offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Conventional Prefilled Syringes
    • Disposable
    • Reusable
  • Safety Pre-filled Syringes

Market Breakup by Material

  • Glass Prefilled Syringes
  • Plastic Prefilled Syringes

Market Breakup by Design

  • Single-Chamber Prefilled Syringes
  • Dual-Chamber Prefilled Syringes
  • Customized Prefilled Syringes

Market Breakup by Application

  • Diabetes
  • Rheumatoid Arthritis
  • Anaphylaxis
  • Cancer
  • Thrombosis
  • Ophthalmology
  • Others

Market Breakup by Region

  • North America 
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Prefilled Syringes Market Share

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.

Prefilled Syringes Market Analysis by Region

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.

Leading Players in the Prefilled Syringes Market

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:

Becton, Dickinson and Company

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

Gerresheimer AG, a Düsseldorf-based German company, focuses on primary packaging for pharmaceuticals and cosm...

Schott AG

Schott AG, a glass company based in Mainz, Germany, specializes in glass-ceramics. In May 2023, they launched ...

Terumo Corporation

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.

Key Questions Answered in the Prefilled Syringes Market Report

  • What was the prefilled syringes market value in 2023?
  • What is the prefilled syringes market forecast outlook for 2024-2032?
  • What are the regional markets covered in the EMR report?
  • What is the market segmentation based on type?
  • What is the market segmentation based on material?
  • What is the market breakup based on design?
  • What is the market breakup based on application?
  • What are the major factors aiding the prefilled syringes market demand?
  • How has the market performed so far and how is it anticipated to perform in the coming years?
  • What are the major drivers, opportunities, and restraints in the market?
  • What are the major trends influencing the market?
  • Which regional market is expected to dominate the market share in the forecast period?
  • Which country is likely to experience elevated growth during the forecast period?
  • Who are the key players involved in the prefilled syringes market?
  • What are the current unmet needs and challenges in the market?
  • How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?

*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 Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Type
  • Material
  • Design
  • Application
  • Region
Breakup by Type
  • Conventional Prefilled Syringes
  • Safety Pre-filled Syringes
Breakup by Material
  • Glass Prefilled Syringes
  • Plastic Prefilled Syringes
Breakup by Design
  • Single-Chamber Prefilled Syringes
  • Dual-Chamber Prefilled Syringes
  • Customized Prefilled Syringes
Breakup by Application
  • Diabetes
  • Rheumatoid Arthritis
  • Anaphylaxis
  • Cancer
  • Thrombosis
  • Ophthalmology
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • PESTEL Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Company News and Developments
    • Certifications
Companies Covered
  • Becton, Dickinson and Company
  • Gerresheimer AG
  • Schott AG
  • West Pharmaceutical Services, Inc.
  • Terumo Corporation
  • Nipro Corporation
  • AptarGroup, Inc.
  • Catalent, Inc.
  • Stevanato Group
  • Weigao Medical International Co., Ltd.

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63 Fiona Drive, Tamworth, NSW

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C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124