Prefilled Syringes Market Size, Revenue Growth Factors & Trends by 2028

1. Prefilled Syringes Market Size Worth USD 12.76 Billion in 2028 www.emergenresearch.com Increasing demand for easy-to-use drug delivery devices and technological advancements in injectable drug delivery devices are key factors driving global market revenue growth

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5. Market Summary The global Prefilled Syringes Market size is expected to reach USD 12.76 Billion in 2028 and register a significantly robust revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Increasing demand for easy-to-use drug delivery devices and technological advancements in injectable drug delivery devices are expected to drive market revenue growth to a significant extent during the forecast period. Innovations in prefilled syringes are aiding in addressing ongoing safety concerns about needlestick injuries.  Usage of prefilled syringes for a wide range of therapeutic applications such as blood stimulants, vaccines, and therapeutic vaccines is boosting revenue growth of the market. Ease of usage and eliminating dosing errors are other major factors driving demand among various healthcare facilities. Prefilled syringe manufacturers are increasingly investing in order to develop more advanced prefilled syringes to meet rising demand across the healthcare industry. In 2018, SCHOTT introduced syriQBioPure, which is a pre-fillable glass syringe for biologics designed to ensure ease administration and drug stability, as well as shorten time to market. Increasing adoption of wearable drug delivery technologies, rising prevalence of chronic diseases, and growing popularity of home-based treatment options across major therapeutic areas is supporting demand for wearable drug delivery technologies. Pen injectors and auto-injectors are increasingly being utilized for self-administered insulin injections and boosting demand for prefilled syringes. Read More : https://www.emergenresearch.com/industry-report/prefilled-syringes-market www.emergenresearch.com

6. Market Summary Some Key Highlights from the Report In May 2021, Becton, Dickinson, and Company announced that it is set to build a new plant in Zaragoza, Spain, in order to meet rising demand for prefilled syringes. The company invested USD 200 million in the new plant, where glass prefilled syringes and plastic components would be produced. Plastic segment revenue is expected to expand at a rapid CAGR during the forecast period. Plastic based prefilled syringes are increasingly being utilized due to improved break resistance of the material as well as its decreased surface reactivity and drug absorption rates. Diabetes segment accounted for a relatively larger revenue share in the global prefilled syringes market in 2020. Increase in adoption of sedentary lifestyle is boosting the prevalence of diabetes and increasing the usage of prefilled syringes. Hospitals segment accounted for a significantly high revenue share in the global prefilled syringes market in 2020. Increasing expenditure by governments on healthcare facilities to improve patient safety and comfort is expected to increase adoption of prefilled syringes in hospitals. Europe accounted for largest revenue share contribution to the global prefilled syringes market in 2020. Growth of the pharmaceutical industry in the region is expected to drive steady demand for prefilled syringes. Request Free Sample @ https://www.emergenresearch.com/request-sample/211 www.emergenresearch.com

7. Market Summary Emergen Research has segmented the global prefilled syringes market on the basis of type, material, application, distribution channel, and region:   Type Outlook (Revenue, USD Billion; 2018–2028) Reusable Disposable Distribution Channel Outlook (Revenue, USD Billion; 2018–2028) Ambulatory Surgery Centers Hospitals Mail Order Pharmacies Biotechnology & Pharmaceutical Companies Application Outlook (Revenue, USD Billion; 2018–2028) Diabetes Rheumatoid Arthritis Anaphylaxis Cancer Request customization @ https://www.emergenresearch.com/request-for-customization/211

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9. Regional Share Dynamics www.emergenresearch.com

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