Pre Filled Syringes Market Forecast and Insights: Exploring Growth Trends, Market Size, and Emerging Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of thePre Filled Syringes Market?
The increase in home-based healthcare is expected to fuel growth in the pre-filled syringe market. As more patients receive care at home, pre-filled syringes are becoming essential for delivering medication with precision and reducing contamination. The National Association for Home Care and Hospice reported that 12 million Americans receive home healthcare each year, and the number is expected to grow, thereby increasing the demand for pre-filled syringes.
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#How Does the ProjectedPre Filled Syringes Market Growth Compare Over the Forecast Period?
The pre-filled syringes market has seen rapid growth in recent years. It is projected to increase from $8.3 billion in 2024 to $9.46 billion in 2025 at a compound annual growth rate (CAGR) of 14.0%. The growth is attributed to the rise of the pharmaceutical and biotechnology industries, the expansion of biologics and vaccines, a greater demand for user-friendly and precise drug delivery, the increase in home healthcare and self-administration, and regulatory standards for drug safety and packaging.
The pre-filled syringes market is expected to grow to $16.42 billion by 2029, at a CAGR of 14.8%. Growth drivers include the need for customized syringes for specific drugs, the use of biodegradable materials, and the rise in telemedicine. Trends include the development of smart syringes for precise dosing and transparency in drug delivery.
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What Are the Current Market Growth and Trends in thePre Filled Syringes Market That Industry Players Should Watch?
Companies in the prefilled syringes market are investing in next-generation syringes that allow healthcare professionals to track and access data, enhancing drug delivery and patient safety. For example, in September 2022, Becton, Dickinson and Company (BD), a US-based medical technology company, launched a new glass prefillable syringe. This syringe meets stringent requirements for processability, cosmetics, and contamination control, improving vaccine production and performance, particularly in collaboration with top pharmaceutical companies.
What Are the Major Market Players Making an Impact on thePre Filled Syringes Market Growth?
Major companies operating in the pre filled syringes market include Becton, Dickinson and Company, Gerresheimer AG, Schott & Associates Glass Technology Laboratory, West Pharmaceutical Services Inc., Baxter International, Nipro Corporation, Terumo Corporation, Vetter Pharma International GmbH, Stevanato Group SPA, Shandong Weigao Group Medical Polymer Company Ltd., Novartis AG, Catalent Inc., Unilife Corporation, Eli Lilly and Company, Bayer AG, Pfizer Inc., Bristol-Myers Squibb Co., F. Hoffman-La Roche Ltd., AbbVie Inc., Owen Mumford Holdings Ltd., AptarGroup Inc., Medtronic Plc, Abbott Laboratories, Fresenius Kabi India Pvt. Ltd., Medical Protective Ltd., Mylan NV, Elcam Medical Inc., YPSOMED Holding AG, Oval Medical Technologies, SHL Medical, ACASI Machinery Inc., Bespak Holdings Ltd., BioPharma Solutions, Catalent Pharma Solutions, Credence MedSystems Inc., Hasemeier Inc., Intas Pharmaceuticals Ltd., Intelicure Lifesciences, Mycoscience Labs
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How Are the Key Segments of the Pre Filled Syringes Market Driving Opportunities and Innovations?
The pre filled syringes market covered in this report is segmented –
1) By Type: Conventional Prefilled Syringes, Safety Prefilled Syringes
2) By Material: Glass Prefilled Syringes, Plastic Prefilled Syringes
3) By Design: Single-Chamber Prefilled Syringes, Dual- Chamber Prefilled Syringes, Customized Prefilled Syringes
4) By Application: Diabetes, Rheumatoid Arthritis, Anaphylaxis, Cancer, Thrombosis, Ophthalmology, Other Applications
Subsegments:
1) By Conventional Prefilled Syringes: Glass Prefilled Syringes, Plastic Prefilled Syringes
2) By Safety Prefilled Syringes: Retractable Needle Syringes, Non-Retractable Needle Syringes
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of thePre Filled Syringes Market?# Market Expansion?
Europe was the largest region in the prefilled syringes market in 2024. The regions covered in the pre filled syringes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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